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Toyota Sunny on Surprising Q2 profit PDF Print E-mail
Monday, 09 November 2009
Toyota reported a surprise quarterly profit and slashed its annual loss forecast by more than half as sales and cost cutting beat its forecasts, putting it on track to follow Japanese rivals into the black next year.
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Russia’s AvtoVAZ on brink of bankruptcy PDF Print E-mail
Sunday, 18 October 2009
Russia's AvtoVAZ, the maker of Lada cars, is on the brink of bankruptcy, Sergei Stepashin, the head of State Audit Chamber told Reuters on Wednesday.
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Man Trucks to Partner with Sinotruck PDF Print E-mail
Sunday, 18 October 2009
Man, the world’s third-largest heavy truck manufacturer, has received clearance from Chinese authorities to form a partnership with Sinotruk, China’s market leader for such vehicles.
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China’s September Car Sales Rise 84% and VW beats 2008 record PDF Print E-mail
Sunday, 18 October 2009
China’s monthly passenger-car sales passed 1 million units for the first time, signaling that the government may ease stimulus measures in the world’s largest auto market so far this year.
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Citroen targets 10% of European B segment by 2012 PDF Print E-mail
Sunday, 18 October 2009
Citroën aims to grab 10% of the European B-segment by 2012 with the launch of the new generation C3 and marketing DS3 and new C1 models over the coming months.
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U.S. market warms up to Hyundai PDF Print E-mail
Sunday, 18 October 2009
It was not exactly a planned strategy, but the recession, particularly in the United States, has been very good for Hyundai, the South Korean automaker.
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West Europe Sales Up 8.8% in September PDF Print E-mail
Monday, 12 October 2009
Figures released by JD Power show Western Europe's car market grew by 8.8% year-on-year to 1.32m units in September, though the market analyst and forecasting company warned there are signs of slowdown.
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€4bn in New China VW Plants, Products 2009-11 PDF Print E-mail
Monday, 12 October 2009
Volkswagen plan to invest a total of €4bn in new products and production capacity in China between 2009 and 2011, according to a statement released by the company.
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3rd China Plant for Ford PDF Print E-mail
Monday, 12 October 2009
Ford are boosting production capacity in China with a new factory and models as they try to catch GM. Ford CEO Alan Mulally travelled to China on Sept. 25 to break ground on Ford's third plant in the country.
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China Set for Record Car Production PDF Print E-mail
Tuesday, 15 September 2009
China will produce a record 12 million vehicles this year, according to a forecast by the National Development and Reform Commission, China's top economic planning agency.
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W. Europe Car Market Up 7% PDF Print E-mail
Tuesday, 15 September 2009
Car sales in Western Europe grew by 7% in August according to data released by JD Power. The German car market was up by 28% in August; with cumulative car sales in the first eight months up by 26%
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