Visteon Sees China as Key Market
29 Oct 2009, 08:12 UTC · By: Bogdan Popa / After filing for bankruptcy in the United States, Visteon is now studying new ways to cope with the economic downturn and expanding operations in China seems to be the easiest way to do that. In an ...
Honda: US Recovery Still Elusive
28 Oct 2009, 11:28 UTC · By: Bogdan Popa / The United States market recovery isn't showing too significant signs of recovery, a senior Honda executive said in a statement, emphasizing that the local market is still living under the pres...
Mulally: Ford Still on the Right Path to Profit
22 Oct 2009, 15:38 UTC · By: Bogdan Popa / Ford, the only large automaker in the United States that survived without government support, is still on track to return to profitability by 2011, CEO Alan Mulally said in an interview for just-aut...
Chinese Auto Boom, to Slow Down in 2010
13 Oct 2009, 11:01 UTC · By: Daniel Patrascu / The 2009 record interest the Chinese market has manifested towards the auto industry may be just a passing miracle, and may end as soon as next year. At least this is what analysts believe, as they ...
Rock Bottom Reached, Long Climb Begins...
21 Sep 2009, 09:29 UTC · By: Daniel Patrascu / ...at least this is what "la creme de la creme" of the automotive industry think. Gathered at the 2009 Frankfurt Auto Show, the top executives of top car manufacturers seem to be in consen...
Tire Sales Expected to Decline in 2009
11 Aug 2009, 07:29 UTC · By: Alexandru Radu Chis / Because of declining car sales and re-planned tire running, the tire industry projected a 16 percent drop in volume sales for 2009. According to a study made by Rubber Manufacturers Association (RMA...
VW Projects Zero Growth in 2010
31 Jul 2009, 15:02 UTC · By: Bogdan Popa / 2010 is going to be a difficult year for the automotive industry. At least, this is what Volkswagen believes, projecting a zero growth in the car market next year. After unveiling a drop in sales in...
Toyota Expects Profit Next Year
24 Jul 2009, 13:16 UTC · By: Bogdan Popa / Japanese manufacturer Toyota, currently the world's number one automaker, expects a new loss in North America, despite admitting that sales are going pretty well at this time and it delivers mo...
Mazda Sales Going Well in Europe
23 Jul 2009, 09:31 UTC · By: Bogdan Popa / Mazda is one of the companies which are posting increasing sales around the world, especially in Europe where governments across the continent supported automakers with scrapping schemes. The Japane...
Magna, RHJ Still in Play for Opel, BAIC Out of the Deal
23 Jul 2009, 08:27 UTC · By: Bogdan Popa / After receiving three improved bids on Monday, General Motors has finally decided: it will continue negotiations with both Magna and RHJ International. The American manufacturer made the announcemen...
GM Q2 Sales Up 7 Percent Outside the US
22 Jul 2009, 14:00 UTC · By: Bogdan Popa / General Motors, who recently emerged from bankruptcy, revealed its second quarter financial results, unveiling a 7 percent increase outside the United States compared to the same period of the previ...
Toyota Forecasts 12 Million Sold Cars in China
22 Jul 2009, 12:52 UTC · By: Bogdan Popa / Recently crowned the world's number one manufacturer, Toyota is quite optimistic when it comes to 2009 sales, in spite of the gloomy predictions made by auto industry analysts around the world....
Nissan to Introduce New Dual Injector System
14 Jul 2009, 14:57 UTC · By: Alexandru Radu Chis / Nissan Motor Co., Ltd. announced today it will introduce a new fuel delivery system for small-displacement engines on the market starting with early fiscal 2010 . The system developed by...
Bosch Invests $8 Million in Michigan Facility
14 Jul 2009, 09:17 UTC · By: Alexandru Radu Chis / Good news for the people of Flat Rock, Michigan, USA, as Bosch invested $8 million in renovating the vehicle test track it has there. Bosch started a collaboration with other local companies to upgr...
BMW Announced X1 UK Pricing
13 Jul 2009, 18:53 UTC · By: Alexandru Radu Chis / BMW has just published the pricing for their X1 models sold in the United Kingdom. A month ago BMW revealed the pricing list for the German market and now has complemented that with the pricing list...
Ford Reported Diminished Sales in Europe
13 Jul 2009, 14:27 UTC · By: Alexandru Radu Chis / Ford of Europe registered a 16.3 percent drop in new car sales in the first half of 2009 in Europe, yet some good news did come from Ford's main 19 European markets, which in June saw the first...
2010 as Difficult as 2009, Says Renault Boss
10 Jul 2009, 09:26 UTC · By: Bogdan Popa / Although most automakers are already seeing the first signs of recovery and companies are slowly getting back to the pre-crisis production volumes, Renault's CEO Carlos Ghosn expects 2010 to be...
China to Become a Powerful Challenge, Says Fiat UK Boss
3 Jul 2009, 13:59 UTC · By: Bogdan Popa / Fiat's UK managing director Andrew Humberstone said in an interview that China will become a very challenging market in the future as the country is making several major steps towards expanding...
Ford Managing Strong Sales in the US in June
3 Jul 2009, 06:21 UTC · By: Alexandru Radu Chis / Ford saw a 3% increase in market share in USDM for the month of June. Ford, Lincoln and Mercury sales totaled 148,153 as reported by the auto maker in a press release on July 1st. Though the figure ...
June, Audi's Best Sales Month of 2009
2 Jul 2009, 14:37 UTC · By: Bogdan Popa / As you can see from our previous reports on the subject, June 2009 was quite a good month for most automakers in the United States, as they posted increased figures for the majority of models. Audi ...