Toyota Braces for Bad 2009 Fiscal Year
13 Apr 2009, 14:40 UTC · By: Daniel Patrascu / As we reported late last week, Toyota's financial problems seem to have only begun. Faced with the biggest downfall in sales since 1950 for the fiscal year that ended in March, Toyota was force...
UK Scrappage Incentive Comes on April 22
13 Apr 2009, 13:25 UTC · By: Daniel Patrascu / Following growing social request for the introduction of a scrappage incentive on the British market, the UK government seems to have taken note and plans on introducing such an incentive, which has...
Toyota Recalls Yoshi Inaba from Retirement
10 Apr 2009, 14:28 UTC · By: Daniel Patrascu / Toyota's poor performance in terms of sales in the US has forced the company's top management to call Yoshi Inaba back from retirement to help the Japanese manufacturer make a comeback on ...
Germans Buy 10% of Cars Sold in Poland
9 Apr 2009, 15:01 UTC · By: Daniel Patrascu / The German government's scrappage incentives and the way it is applied now starts to benefit foreign markets as well, as German consumers now seem to migrate towards neighboring Poland, where t...
China's Record Sales March
9 Apr 2009, 13:37 UTC · By: Daniel Patrascu / When automotive industry experts, along with veteran manufacturers say that the Chinese market is the only one that moves ahead, despite the downward spiraling economy, they are not mistaking. The C...
GM Takes on VW, Expects Double Sales in China
9 Apr 2009, 13:09 UTC · By: Bogdan Popa / Even if the current economic situation brought it close to bankruptcy, General Motors expects to double the company's car sales by 2013 and take on Volkswagen Group, its main rival in this part...
Porsche Panamera Loves Asia
8 Apr 2009, 10:01 UTC · By: Daniel Patrascu / There are still over ten days remaining until the long awaited Panamera will make its official debut at the 2009 Shanghai Auto Show and the German manufacturer decided to give us yet another taste o...
Mazda Reports Second-Highest Fiscal Year Ever
8 Apr 2009, 09:21 UTC · By: Bogdan Popa / Although the economic chaos ruined its sales, Mazda today reported that the April 2008 - March 2009 fiscal year was the second-highest ever, with a retail volume of 324,600 units. Furthermore, 7 Eur...
Mazda Sells Well in Australia
6 Apr 2009, 13:21 UTC · By: Daniel Patrascu / Conflicting reports about sales figures, which indicate disaster for some or so called "record" sales for others, continue today with Mazda's self-praising release, in which the Japan...
SMMT, UK Car Magazines Ask for Govt. Help
6 Apr 2009, 12:09 UTC · By: Daniel Patrascu / The UK automotive industry keeps on getting blow after blow, as the economic crisis rampages across the sales reports. The third month of the year brought with it a bit over 30 percent year-on-year ...
New Kia Sorento Video
3 Apr 2009, 10:26 UTC · By: Daniel Patrascu / The 2009 Seoul Motor Show has witnessed, as we told you yesterday, the unveiling of the new generation Kia Sorento. Kia has released today the first official video starring the new Sorento. The manu...
March US Sales Down 36.8 Percent
3 Apr 2009, 09:54 UTC · By: Daniel Patrascu / The third month of the year maintained the trend set in January and February, as sales figures for the US market show a 38.6 percent drop. According to Autonews, the only brand that registered a mil...
Toyota Reports 36.6 Percent Decline in March
3 Apr 2009, 09:33 UTC · By: Bogdan Popa / Just like the whole automotive industry, Toyota reported a massive drop in March 2009 sales, citing the over-discussed "we're starting to get tired of it" economic crisis. The US divi...
Renault Hopes for Steady Sales in Asia
2 Apr 2009, 15:31 UTC · By: Daniel Patrascu / French manufacturer Renault is hoping that at least as far its Asian and African divisions are concerned, sales figures will remain to about the same levels registered in 2008, this despite all of t...
Tata Loses Ground Despite Nano Launch
2 Apr 2009, 14:48 UTC · By: Bogdan Popa / Tata Motors recently launched "the cheapest car in the world" which was expected to boost the company's sales in every single market around the world. Only that things are a bit diffe...
General Motors Sales Down 45 Percent in March
2 Apr 2009, 14:03 UTC · By: Bogdan Popa / As if the economic recession and the desperate situation the company currently experiences weren't enough, General Motors is continuously recording very low sales, especially in the United Stat...
Subaru Reports 3 Percent Sales Drop in March
2 Apr 2009, 12:32 UTC · By: Bogdan Popa / Although some car manufacturers around the world reported impressive high sales in March, others are still struggling to cope with the recession and, even if they show the first signs of recovery, s...
Kia, Hyundai Report 12, 33 Percent Sales Increases
2 Apr 2009, 09:35 UTC · By: Bogdan Popa / Things are far from being over in this unstable automotive industry severely hit by the economic recession but the first positive signs finally appear. Both Kia and Hyundai reported increased sales ...
Volkswagen US Reports Slow March 2009 Sales
2 Apr 2009, 06:58 UTC · By: Bogdan Popa / With the economic recession still putting pressure on car manufacturers, especially the ones in the United States, Volkswagen of America today unveiled its March 2009 sales figures, reporting a decr...
Audi Reports Increased March Sales
2 Apr 2009, 06:53 UTC · By: Daniel Patrascu / As we got used to by now, the end of any month in a year is a good signal for automotive manufacturers to add up the numbers and see how their companies performed over the respective period. What we...