China’s passenger-car sales to dealerships increased at the slowest pace since March 2009, with weaker consumer sentiment crimping demand. Wholesale deliveries of cars, sport-utility vehicles and multipurpose vehicles increased 13.
Tags: Car Dealerships, Car Market, Cars Sport, China, China Market, Consumer Sentiment, Multipurpose Vehicles, New Car, Passenger Car Sales, Slowest Pace, Sport Utility Vehicles, Wholesale, Wholesale Deliveries
Magna International swung back to profit in the second quarter, with sales up about two-thirds on the back of a revival in the battered North American car market.
Tags: American Car Market, Car Market, Magna International, Revival, Second Quarter, Two Thirds
U.S. auto sales are expected to end 2009 on a slight upswing in December, capping a year that saw General Motors and Chrysler collapse into bankruptcy and China overtake the United States as the biggest car market. The deepest U.S.
Tags: Auto Sales, Bankruptcy, Car Market, China, Chrysler, Collapse, General Motors, Minor Uptick, U S Auto, United States, Upswing
U.S. auto sales are expected to end 2009 on a slight upswing in December, capping a year that saw General Motors and Chrysler collapse into bankruptcy and China overtake the United States as the biggest car market. The deepest U.S.
Tags: Auto Sales, Bankruptcy, Car Market, China, Chrysler, Collapse, General Motors, Minor Uptick, U S Auto, United States, Upswing
The head of Japan’s auto-making lobby said today he feared that the U.S. market would remain weak and would not reach total sales of 11 million vehicles next year. U.S.
Tags: car lobby, Car Market, Japan, Japan Auto, Japan Car, Japan car lobby, Million Vehicles, S Market, United States
The head of Japan’s automaking lobby said today he feared that the U.S. market would remain weak and would not reach total sales of 11 million vehicles next year. U.S.
Tags: car lobby, Car Market, Japan, Japan Car, Japan car lobby, Japan Today, Japan's automaking lobby, Million Vehicles, S Market, United States
The global car market has bottomed and is on track for 60 million units sales next year, aided by the United States, Carlos Ghosn, who heads Japan’s Nissan Motor Co. and France’s Renault SA, said on Sunday.
Tags: 60 Million, Car Market, Carlos Ghosn, France, Global Car, Japan, Nissan, Nissan Motor, Nissan Motor Co, Renault, Renault SA, United States
The global car market has bottomed and is on track for 60 million units sales next year, aided by the United States, Carlos Ghosn, who heads Japan’s Nissan Motor Co. and France’s Renault SA, said on Sunday.
Tags: 60 Million, Car Market, Carlos Ghosn, France, Global Car, Global Market, Japan, Nissan, Nissan Motor, Nissan Motor Co, Renault, Renault SA, United States
The global car market has bottomed and is on track for 60 million units sales next year, aided by the United States, Carlos Ghosn, who heads Japan’s Nissan Motor Co. and France’s Renault SA, said on Sunday.
Tags: 60 Million, Car Market, Carlos Ghosn, France, Global Car, Japan, Nissan, Nissan Motor, Nissan Motor Co, Renault, Renault SA, United States
General Motors CEO Fritz Henderson says Brazil’s car market has “a very good outlook” and the automaker will reinvest profits from the country’s unit locally. Henderson told the newspaper O Estado de S.
Tags: Automaker, Brazil, Brazil General Motors, Bullish Outlook, Car Market, Ceo, Fritz, Fritz Henderson, General Motors, O Estado de S., Profits
General Motors CEO Fritz Henderson says Brazil’s car market has “a very good outlook” and the automaker will reinvest profits from the country’s unit locally. Henderson told the newspaper O Estado de S.
Tags: Automaker, Brazil, Brazil General Motors, Bullish Outlook, Car Market, Ceo, Fritz, Fritz Henderson, General Motors, Gm, O Estado de S., Profits
The global car market slump is set to spark a wave of mergers and bankruptcies among automotive suppliers being squeezed to the breaking point by weak demand and unrelenting pressure on prices, executives say.
Tags: Automotive Suppliers, Bankruptcies, Breaking Point, Car Market, car market slump, Car slump, Global Car, Global Set, Market Slump, Mergers, Unrelenting Pressure
Executives at the Frankfurt motor show predicted a bumpy road to a car market recovery as they showcased their latest green technology, which they hope will transform the industry.
Tags: Bumpy Road, Car Market, car market recovery, Frankfurt, Frankfurt Motor Show, Green Technology, Path
Hyundai today launched its first hybrid car in the domestic market to satisfy a growing appetite for fuel-saving vehicles and to improve the image of the company’s technology.
Tags: Appetite, Car Market, Hybrid Car, Hybrid Race, Hyundai, Image, Technology
CarMax Inc.’s first-quarter financial results exceeded some analysts’ expectations, as tough economic times kept the used-car market relatively healthy.
Tags: Car Market, Carmax, Carmax Inc, Cars New, Economic Times
A rejuvenated model range led by its new sixth-generation Golf helped Volkswagen AG outperform its competitors in May and grab more share of the world’s car market, Europe’s largest automaker said on Friday.
Tags: Car Market, Europe, Generation Golf, Largest Automaker, Model Range, Sixth Generation, Slump, Volkswagen, Volkswagen Ag
Daimler reaffirmed its position that the maker of luxury Mercedes-Benz cars has no interest in acquiring other brands such as General motors’ Opel, which could immediately give it a sizable share of the small car market.
Tags: Car Market, Daimler, Exec, General Motors, General Motors Opel, Luxury Mercedes, Mercedes Benz, Mercedes Benz Cars, Saab, Small Car, Volvo
The market is too murky for Canadian car parts maker Magna International Inc. to give an outlook for 2009, though it fully expects sales across the battered auto industry to drop further before they bottom out.
Tags: Auto Industry, Canadian Car, Car Market, Car Parts, car parts maker, Ceo, Magna International, Magna International Inc, Outlook