Cars
With the Eurozone debt crisis stifling new car sales, auto manufacturers are looking elsewhere to make up for lost ground. China may be the world’s largest market but after years of rapid expansion, it shows signs of slowing down.
- Avtovaz To Cut 13,000 Jobs At Its Main Plant In Russia
AvtoVAZ, the largest carmaker in Russia, announced that it will cut 13,000 jobs at its main plant in Togliatti because of dwindling sales of Lada models. Controlled by the Renault Nissan Alliance, AvtoVAZ last year posted a loss and is trying to revive...
- New Vw Golf Mk7 For North And South America To Be Produced In Mexico From Early 2014
CEO Martin Winterkorn wants VW to become the world’s number one automotive group by 2018. While the company is currently is Europe’s number one and it has increased its sales in China, Russia and Brazil, in the U.S., despite posting a 31...
- U.s. Dealers Revved Up About 2012 Sales Prospect, Expect A 10 Percent Increase
After the 27-year low 10.43 million sales of 2009, last year American dealerships delivered 12.8 million units, which accounts to a 10 percent increase over 2010. A recent survey released by Ally Financial reveals that the vast majority of dealers expect...
- Polk Estimates Global Vehicle Sales To Reach 77.7 Million Units In 2012, And 96.3 Million In 2016
The analyst gurus at R. L. Polk & Co have issued a new forecast for global vehicle sales in 2012. The automotive market intelligence firm predicts that sales are expected to rise 6.7 percent over 2011 volumes to 77.7 million vehicles, thanks to the...
- China: Cars Sales And Production Rise +20% In First Half Of 2007
According to the data released by the China Association of Automobile Manufacturers (CAAM), car sales and production both grew more than 20% in the first half of the year. In particular, vehicle production reached 4.46 million units, up by 22.36 percent...
Cars
Renault-Nissan Takes Over AvtoVAZ, Plans to Revive Lada and Increase Sales in Russia
With the Eurozone debt crisis stifling new car sales, auto manufacturers are looking elsewhere to make up for lost ground. China may be the world’s largest market but after years of rapid expansion, it shows signs of slowing down.
New car sales in Russia, on the other hand, increased last year by 40 percent to more than 2.6 million vehicles. Even though the rate of increase is expected to cool down, with 2012 sales estimated to be around 2.9 million units, it is still a very interesting prospect.
Read more »- Avtovaz To Cut 13,000 Jobs At Its Main Plant In Russia
AvtoVAZ, the largest carmaker in Russia, announced that it will cut 13,000 jobs at its main plant in Togliatti because of dwindling sales of Lada models. Controlled by the Renault Nissan Alliance, AvtoVAZ last year posted a loss and is trying to revive...
- New Vw Golf Mk7 For North And South America To Be Produced In Mexico From Early 2014
CEO Martin Winterkorn wants VW to become the world’s number one automotive group by 2018. While the company is currently is Europe’s number one and it has increased its sales in China, Russia and Brazil, in the U.S., despite posting a 31...
- U.s. Dealers Revved Up About 2012 Sales Prospect, Expect A 10 Percent Increase
After the 27-year low 10.43 million sales of 2009, last year American dealerships delivered 12.8 million units, which accounts to a 10 percent increase over 2010. A recent survey released by Ally Financial reveals that the vast majority of dealers expect...
- Polk Estimates Global Vehicle Sales To Reach 77.7 Million Units In 2012, And 96.3 Million In 2016
The analyst gurus at R. L. Polk & Co have issued a new forecast for global vehicle sales in 2012. The automotive market intelligence firm predicts that sales are expected to rise 6.7 percent over 2011 volumes to 77.7 million vehicles, thanks to the...
- China: Cars Sales And Production Rise +20% In First Half Of 2007
According to the data released by the China Association of Automobile Manufacturers (CAAM), car sales and production both grew more than 20% in the first half of the year. In particular, vehicle production reached 4.46 million units, up by 22.36 percent...