Tire Industry to Decline More in 2009
17 Mar 2009, 08:38 UTC · By: Bogdan Popa / According to a study conducted by the Rubber Manufacturers Association, tire shipments are expected to drop more than 7 percent in 2009 compared to a decrease of 9 percent recorded in 2008. More spe...
Aston Martin Sales to Go Down in 2009
16 Mar 2009, 16:46 UTC · By: Bogdan Popa / After recording the second-best year in the company's 95-year history when it comes to new car sales, Aston Martin is expecting lower sales this year, citing the economic recession and the slum...
New Fiesta Helps Ford Increase Market Share
16 Mar 2009, 14:35 UTC · By: Bogdan Popa / The new Fiesta is one of the most attractive models in the company's product lineup when it comes to European cars. At least this is what Ford claims, pointing to its February 2009 sales figure...
BMW Recorded the Second-Best Annual Sales in History in 2008
12 Mar 2009, 16:09 UTC · By: Bogdan Popa / BMW unveiled in a report published today that the German group held up well in 2008 despite the economic chaos that slashed sales all around, with profit before financial result (EBIT) falling to 92...
BMW Reports 24.4 Percent Drop in February 2009
9 Mar 2009, 19:12 UTC · By: Bogdan Popa / With the economic recession still forcing automakers to apply cost-cutting measures, BMW today reported a drop of 24.4 percent in February 2009 sales versus February 2008. This means the German grou...
Weekly Roundup: 02.03.2009 – 06.03.2009
8 Mar 2009, 14:18 UTC · By: Tudor Raiciu / Geneva was definitely the word of the week as almost anybody who is somebody in the industry rushed to announce a prototype or a new model. Another big topic was the announcement that Ross Brawn pur...
Automakers Aren't Begging for Money, Says Renault's Ghosn
26 Feb 2009, 13:18 UTC · By: Bogdan Popa / Even if automakers around the world turned to desperate campaigns to convince their domestic governments to approve financial packages for the automotive industry, Renault's CEO Carlos Ghosn sa...
Weekly Roundup: 16.02.2009 – 20.02.2009
22 Feb 2009, 17:16 UTC · By: Tudor Raiciu / Crisis or no crisis, there have surely been lots of leaks and announcements this week. Naturally, economic doom related reports also abounded, but we’re only going to mention the really import...
Weekly Roundup: 09.02.2009 – 13.02.2009
15 Feb 2009, 18:15 UTC · By: Tudor Raiciu / With the sales forecasts out of way, the auto industry is slowly coming back to life. Some credit for this should go to the 2009 Chicago Auto Show and the 2009 Geneva Auto Show, as most new launches...