French Car Sales Keep Growing Despite Recession
1 Apr 2009, 14:30 UTC · By: Bogdan Popa / The scrapping bonus programs prepared by the French government continue to show positive results in the country as new car registration keep growing, especially for models benefiting from this kind ...
Honda to Cut Production and Worker Pay...
1 Apr 2009, 10:19 UTC · By: Daniel Patrascu / ... and "cut" is an understatement. The Japanese manufacturer announced yesterday it will slash production on the North American continent by as much as 62,000 vehicles and reduce pay for ...
Aston Martin Had Record Sales in 2008...
25 Mar 2009, 16:39 UTC · By: Daniel Patrascu / ... making it one of the top three best years in the company's history. The British manufacturer is pleased that 2008 was its second-best year ever, even if it sold only 5,800 vehicles out of t...
BMW to Maintain Production Output Until 2012
20 Mar 2009, 10:14 UTC · By: Daniel Patrascu / The economic crisis and financial credit decline car manufacturers have to deal with from some time now will not force BMW to scale down its production capability. Norbert Reithofer, BMW CEO, denied...
Brembo Still in Trouble, Prepares Dividend Cut to Cope with the Crisis
20 Mar 2009, 08:37 UTC · By: Bogdan Popa / Italian brake systems manufacturer Brembo is also experiencing difficult times due to the economic turmoil so it will propose to shareholders a 19.6 percent slash to the dividend. The company's...
Sandero 1.4 LPG Available in France
19 Mar 2009, 08:28 UTC · By: Daniel Patrascu / The Dacia range is expanding its presence in France with the arrival of the LPG version of the Sandero 1.4. True to the low price philosophy of the manufacturer, the Sandero will be sold at a starti...
Hyundai Genesis Coupe... Smokin' Hot in the US
17 Mar 2009, 09:02 UTC · By: Daniel Patrascu / The enthusiastic way in which the Hyundai Genesis Coupe has been welcomed to the automotive scene becomes more and more obvious as company officials draw the line, add up the numbers and find they h...
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...
Europe's February Sales Down 18 Percent
13 Mar 2009, 14:47 UTC · By: Daniel Patrascu / The decline in new car sales continued in February in most of Europe, as expected, but government intervention in several countries helped cushion the blow and stopped the decline at 18 percent, com...
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...
1,000th Ferrari Sails to Hong Kong
12 Mar 2009, 15:58 UTC · By: Daniel Patrascu / Human appetite for round numbers has no equal. Nowhere is this more obvious than in the automotive industry, where every ten, one thousand, a million something is reason enough for celebration. An u...
Toyota US Hybrid Sales Reach 1 Million...
12 Mar 2009, 15:37 UTC · By: Daniel Patrascu / ... and keep on going. Toyota announced today, not without a touch of pride, that the company's hybrid range has surpassed 1 million units sold since it first became available for the US market...
Volvo Wants to Go Up 10 Percent in China
12 Mar 2009, 10:59 UTC · By: Daniel Patrascu / Not only the Chinese manufacturers are taking interest in Volvo, as rumors go. The Chinese economy seems as attractive to the Swedish company as it does for Chery, Geely, Dongfeng and Changan, the c...
Mazda's February Sales Show First Signs of Recovery
12 Mar 2009, 10:28 UTC · By: Bogdan Popa / Even if the economic mayhem is still creating chaos in the automotive industry, Mazda today unveiled that its February 2009 sales finally showed some signs of recovery, with five countries achieving...
2009 Barcelona Auto Show Will Take Place
11 Mar 2009, 14:00 UTC · By: Daniel Patrascu / The race is back on, as today Spanish authorities announced the 2009 Barcelona Auto Show is back on the grid and will take place as scheduled, starting May the 9th. The recovery was made possibl...
Audi Expects First Annual Sales Drop Since 1995
10 Mar 2009, 15:53 UTC · By: Bogdan Popa / There's no secret the economic recession smashed automakers all over the world and, even if they were often described as less-affected companies, German car manufacturers are also in trouble. T...
BMW 1 Series Reaches the 10,000 Milestone in Australia
10 Mar 2009, 15:35 UTC · By: Daniel Patrascu / Four years after it was first introduced to the Australian market, the BMW 1 Series reached the 10,000 sold unit milestone. Dubbed 'the one for drivers", the 1 Series seems to have gotten ...
Audi Shares Its 2008 Profits
10 Mar 2009, 14:44 UTC · By: Daniel Patrascu / Not all news are bad in the dark and bleak economy of 2008-2009. In fact, for some the crisis remains just a far away rumor, whispers of a bitter struggle on the automotive front. It is the case of ...
BMW Certified Pre-Owned Vehicle Sales Reach All-Time High
10 Mar 2009, 08:02 UTC · By: Bogdan Popa / BMW North America announced that its Certified Pre-Owned (CPO) program in the United States reached an all-time high in 2008, attracting 16.5 percent more consumers compared to the year before. The ...