Posts Tagged ‘Car Market’

China’s new car market cooled further in July

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.

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Magna Q2 back in black as sales jump by two-thirds

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.

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U.S. auto sales may end bleak 2009 on minor uptick

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.

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U.S. auto sales may end bleak 2009 on minor uptick

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.

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Japan car lobby fears U.S. market won’t reach 11 million in 2010

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.

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Japan car lobby fears U.S. market will remain weak

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.

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Global car market is starting to recover, aided by U.S., Ghosn says

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.

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U.S. aiding recovery of global market, Ghosn says

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.

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Global car market is starting to recover, aided by U.S., Ghosn says

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.

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Henderson has bullish outlook on Brazil

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.

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GM’s Henderson has bullish outlook on Brazil

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.

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Car slump to spark supplier mergers, bankruptcies

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.

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Executives see bumpy path to recovery

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.

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Hyundai joins the hybrid race

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.

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CarMax profit falls 3% as used cars outpace new

CarMax Inc.’s first-quarter financial results exceeded some analysts’ expectations, as tough economic times kept the used-car market relatively healthy.

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VW bucks global slump, posts May sales gain

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.

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Daimler exec: we’re not interested in Opel, Volvo or Saab

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.

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Magna CEO says car market has further to fall

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.

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