Americans More Interested in Technology
Americans are more interested than ever in equipping their next vehicle with such features as backup sensors or steerable headlamps. As usual, however, their enthusiasm slips when they consider the cost of such technologies.
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Denso becomes the top supplier of parts to OEM.
Riding high on the success of Toyota Motor, Denso becomes the world’s largest supplier of parts to automakers, excluding aftermarket. Denso worldwide sales rose 31% from $28.5 billion in 2006 to $37.5 billion in 2007.
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Audi : Long-term targets intact despite global slowdown
Audi AG CEO Rupert Stadler said the German car maker sees no major impact from the global economic slowdown in the second quarter and he is optimistic about reaching the company’s long-term target
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Emerging Market Growth Slower in May
So far, emerging markets are still doing extremely well. However, last month their growth rate slowed significantly.
Brazil was up 14% in May, compared to +30% year to date.
Brazil was up 14% in May, compared to +30% year to date.
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Seat Target Double Sales by 2018
Between now and 2018, Seat will be launching two to three new vehicles every year; they’re expected to build a version of the Volkswagen Up, and to put the Tribu SUV concept into production as the firm
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May New-Car Sales Off by 8%
In May, new car sales fell 8% in Western Europe, driven by weakness in Spain and Italy.
The most profound fall was in Spain, but weakness was also evident in Italy (-18%),
The most profound fall was in Spain, but weakness was also evident in Italy (-18%),
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20m Cars to Sell in 2015 BRIC Market
US, Europe and Japan may be saturated in terms of car ownership, but the four major emerging markets are expected to continue to exhibit strong growth.
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2008 Korea Car Production: Six Million
The Korea Automobile Manufacturers’ Association (Kama) expects automotive production to cross the six-million mark for the first time in 2008.
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Euro Auto Sales Figures AWOL for April
So far, few countries have reported details of their registrations for April. Here are some highlights of the available data:
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China Now 2nd Largest Car Market
China now has more than 56 million cars, including 35 million private cars, and 87 million motorcycles. There are now 107 million licenced drivers in China,
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