PSA Sales Drop 7.4 Percent in 2008
11 Feb 2009, 13:26 UTC · By: Bogdan Popa / We all knew 2008 was a difficult year, particularly in the end when the economic recession started slashing sales, workforce and profits of automakers all over the world. The PSA Peugeot Citroen gro...
Mercedes Vans Brought Steady Sales in 2008
11 Feb 2009, 11:53 UTC · By: Bogdan Popa / Despite extremely difficult market conditions, especially during the third and the fourth quarter of the year, Mercedes' vans brought pretty high sales all over the world in 2008, with the Spri...
Subaru Posts January Great Lakes Region Sales: Up We Go!
11 Feb 2009, 09:50 UTC · By: Daniel Patrascu / The American continent truly seems to be the land of opportunities. Despite wide scale January sales plunge for most local car manufacturers and dealers across the continent, the Asian car makers ke...
Bentley Fires 220 Employees
11 Feb 2009, 08:54 UTC · By: Madalina Iancu / As the financial crisis continues to hit automakers across the world, many of them are forced to drastically cut costs by laying off employees in order to survive. Unfortunately, Bentley is no excep...
PSA Boss Expects 2009 Sales Drop by 20%
10 Feb 2009, 13:37 UTC · By: Madalina Iancu / It is already known that PSA/Peugeot-Citroen is facing serious problems in the light of the economic crisis despite the loan they received from the government. More sadly, neither 2009 nor 2010 sale...
BMW January Sales Drop 24.7 Percent
9 Feb 2009, 16:55 UTC · By: Bogdan Popa / We already knew that January brought very low sales for most automakers so a 24.7 percent drop for BMW shouldn't amaze anyone. Well, German manufacturer BMW, a company that was often described ...
BMW US Sales Go Down 15 Percent
6 Feb 2009, 09:46 UTC · By: Daniel Patrascu / The BMW Group US January sales report saw a decrease of 15.5 percent compared to the same month in 2008. A total of 14,314 vehicles were sold, as opposed the 16,935 units sold last year, includin...
Zoom-Zoom Expects $144 Million Fiscal Year Loss
5 Feb 2009, 11:00 UTC · By: Bogdan Popa / There's no wonder that automakers announce the lowest sales in the history but it's simply sad to see all the large companies we used to see praising models and revenues crying for governm...
Hyundai Scores Surprising Increase in January US Sales
4 Feb 2009, 16:28 UTC · By: Madalina Iancu / Just like its sister brand Kia, the South Korean automaker, Hyundai managed to amaze the whole automotive world with surprising sales in the first month of a tough year, 2009. As incredible as it...
Honda Sales Still Collapsing Despite Successful Models
4 Feb 2009, 11:32 UTC · By: Bogdan Popa / Japanese automaker Honda today announced the January 2009 American sales, unveiling a decline of 30.7 percent compared to the same month of 2008. But more importantly, Honda officials admitted the a...
Acura Reports 32.4 Percent Drop But Praises Customers' Trust in the Brand
4 Feb 2009, 10:34 UTC · By: Bogdan Popa / Since we know it's fairly difficult to improve your sales during recession times, poor sales for Acura should not amaze us. But even if the company recorded a 32.4 percent drop in sales in Janu...
GM Announces 49 Percent Sales Drop in January 2009
4 Feb 2009, 09:00 UTC · By: Bogdan Popa / With the global economic downturn far from being over, General Motors today announced its January 2009 sales, revealing a 49 percent drop compared to the same month of the previous year. No less tha...
VW Reports US Sales Drop, Blames the Global Recession
4 Feb 2009, 08:25 UTC · By: Bogdan Popa / Volkswagen of American today announced the January 2009 sales, unveiling a 11.6 percent drop compared to the same month of the previous year. This is nothing more than a consequence of the economic ...
BMW M Car Sales Up 50 Percent in 2008
3 Feb 2009, 14:28 UTC · By: Bogdan Popa / Despite the difficult market conditions that slashed sales all over the world, BMW M Automobiles today unveiled the 2008 financial results, revealing the second-best result in the thirty-year histor...
Porsche Is Pessimistic, Forecasts Poor Sales
30 Jan 2009, 16:11 UTC · By: Madalina Iancu / The good news that the German automaker got a museum is, however, darkened by the seemingly poor sales Porsche scored in the past six months (August 1-January 31). After taking a look at the deve...
Volvo, the Best-Selling Premium Brand in Russia
30 Jan 2009, 10:06 UTC · By: Madalina Iancu / The Russians seem to be faithful fans of the Swedish brand that makes cars as safe as houses. Since Volvo succeeded in beating competition in the premium segment for the third consecutive year in th...
Vauxhall Introduces Fill Your Booters Shopper
28 Jan 2009, 18:04 UTC · By: Madalina Iancu / Since it's the season of sales and as you know, women and shopping go together like jelly and butter. Nothing surprising until now. But we bet you didn't know that instead of shopping onli...
Nissan Scored Poor Sales in 2008 Despite Cutting Production
28 Jan 2009, 13:54 UTC · By: Madalina Iancu / Although the Japanese automaker has severely cut down production in the last month of 2008 by more than 80 percent in some regions, sales figures don't look encouraging at all. Just like oth...
Mazda Names Director for the New European Fleet Operations
20 Jan 2009, 14:34 UTC · By: Madalina Iancu / Just like other auto makers across the world, Mazda Motor is currently naming key persons in its management team in an effort to fight the financial crisis. Although Mazda Motor Europe has recent...
Akio Toyoda Appointed Toyota's New President
20 Jan 2009, 14:13 UTC · By: Madalina Iancu / What's interesting about many car makers around the world these days is that apart from lay-offs, cutting down or even halting the production, a very popular move to fight the current financial...