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...
Audi A4 Rules Germany...
9 Mar 2009, 19:01 UTC · By: Daniel Patrascu / ... or at least ruled last year. Nevertheless, until the Audi A4 range becomes available for the UK market on March 28, the German manufacturer keeps the stakes high and announced that the A4 was th...
February Sees Increase in Used Vehicle Value
9 Mar 2009, 13:48 UTC · By: Daniel Patrascu / Used-vehicle wholesale value rose for the second month in a row in February, as a response to a shortage of trade-ins due to declining new vehicle sales, Tom Webb, Manheim chief economist, said in M...
Pontiac G8 GXP and Dodge Charger SRT8: 400 HP Under 40k
6 Mar 2009, 13:23 UTC · By: Daniel Patrascu / The financial downturn make car manufacturers do unthinkable things. Their cashflow difficulties, however, are to the advantage of those who still have some money stashed away somewhere. If you are ...
Sales of Small Cars Boost Auto Industry
6 Mar 2009, 08:18 UTC · By: Madalina Iancu / Car sales have dramatically dropped during the global recession but the auto industry seems to have one savior: the small car segment. In an attempt to cut costs, it seems that more and more driv...
Hyundai Reports 25 Percent Sales Increase in February
5 Mar 2009, 09:07 UTC · By: Bogdan Popa / South Korean automaker Hyundai today announced its February 2009 sales, unveiling a 1.5 percent decrease compared to the same month of the last year but, more importantly, a 25 percent increase over...
Passat CC, Volkswagen's Only Best Selling Model
4 Mar 2009, 14:19 UTC · By: Madalina Iancu / Certainly no one expected that automakers would score impressive results this year in the land where the financial crisis initially started and therefore, some of them seem content with their Februa...
Mercedes-Benz: We Sold Less than last Year but More than Rivals
4 Mar 2009, 11:38 UTC · By: Madalina Iancu / Since any sale is better than no sale at all, Mercedes Benz USA has one reason more to be proud of. Although February sales dropped by 23.5 percent in the United States when compared to last year, t...
Electric Cars Are "Far Away", VW CEO Says
4 Mar 2009, 09:59 UTC · By: Daniel Patrascu / Martin Winterkorn, Volkswagen CEO, put a dent in environmentalists hopes for an all electric vehicle for the masses in the near future, as he said yesterday in Geneva these types of vehicles are ver...
February Sales Down in Spain and France
2 Mar 2009, 17:24 UTC · By: Daniel Patrascu / The approaching spring seems to have little impact on the frozen new car sales the market is stuck with from some time now. Since an end to the economic crisis is yet to be foreseen, news of continu...
Nissan Adds "Old People" Features to Models
2 Mar 2009, 11:11 UTC · By: Madalina Iancu / In an effort to sell more cars and attract another segment of buyers, Nissan's designers have come up with an interesting idea. According to drive.com.au, the Japanese car maker intends to m...
Recreational Vehicles Still on Track, Despite Crisis
2 Mar 2009, 08:39 UTC · By: Daniel Patrascu / Attendance figures to Recreational Vehicle (RV) shows across the US showed increased consumer interest towards this segment in 2009, despite the sever financial crisis. Such shows in Florida, Utah ...
Crisis Causes 54% Production Drop for Nissan
26 Feb 2009, 09:46 UTC · By: Bogdan Popa / Just as we expected, automakers around the world reported very low production and sales figures for January 2009, which emphasized once again that the first month of the year was the toughest 30-day...
Jaguar Welcomes Richard Beattie as Vice President of Marketing
26 Feb 2009, 09:07 UTC · By: Madalina Iancu / Due to the global recession, marketing activities have become less important for many automakers across the world, some of them trying to survive without too much advertising. However, for Jaguar...
Koichi Suzuki to GMAC: "We Need Loans"
19 Feb 2009, 14:42 UTC · By: Madalina Iancu / In an automotive world badly hit by global recession, consumer loans are the only thing that Koichi Suzuki asks from GMAC. That's why, the American Suzuki's executive vice president of ...
Lamborghini Takes Two Week Break
17 Feb 2009, 13:43 UTC · By: Daniel Patrascu / The decreasing demand for top-end cars will force Lamborghini to stop production for two weeks, between February and March. The measure will affect some 300 workers out of the 1,000 employed by the ...
Audi Top Premium Brand in Western Europe
17 Feb 2009, 13:16 UTC · By: Bogdan Popa / Keeping up the good work you've done in the past years is suddenly an extremely difficult task during economic recession, as the market is almost completely changed from what we've seen ov...
Yamaha Reports Slow Sales in 2008, Expects Worse in 2009
16 Feb 2009, 14:22 UTC · By: Bogdan Popa / Motorcycles had almost the same fate as cars in 2008 which, under the strong pressure of the economic recession, recorded very poor sales no matter what market we are talking about. And things can g...
2008 Mercedes-Benz Truck Sales at All-Time High
12 Feb 2009, 15:56 UTC · By: Bogdan Popa / Even if it's fairly obvious that commercial vehicles are expected to bring lower sales during recession times, the truck division of Mercedes-Benz reached an all-time high in 2008, according to...
China Beats US at Car Sales
11 Feb 2009, 13:59 UTC · By: Madalina Iancu / Although many doubted the potential of the world's biggest continent to beat US when it comes to car sales, it seems that the impossible turned into possible and China vehicle sales managed to ...