Chrysler, Ford US Sales at Highest Level in Four Years

Chrysler, Ford US Sales at Highest Level in Four Years
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A number of analysts believe the growth in auto sales last month can be partly attributed to this year’s unseasonably mild winter, which had consumers flocking to dealers earlier than the traditional spring selling season; other factors include a plethora of new models hitting the streets as well as lower unemployment statistics and easier access... Continue Reading...

Fiat-Volvo Partnership a New Possibility

Fiat-Volvo Partnership a New Possibility
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A few years ago, Italian auto giant Fiat was very close to partnering up with General Motors. However, that deal went sour at the last minute and a few years after that, Fiat bought a big chunk of Chrysler in its quest to have a large slice of the American market. More recently, the company… Continue Reading...

Hyundai-Kia “Rivalry” Could Hinder Growth

Hyundai-Kia “Rivalry” Could Hinder Growth
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Frank Ahrens, a spokesman for Hyundai, said the car-to-car rivalry between the two brands, extends to all segments; further complicating matters is the fact that although Hyundai and Kia are overseen by the same chairman (Chung Mong Koo) and share a development center, they are run as two separate companies and arch rivals at that. Continue Reading...

Volkswagen Plans Full Porsche Takeover

Volkswagen Plans Full Porsche Takeover
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Martin Winterkorn, CEO of Volkswagen and Porsche, is clearly frustrated at the present lack of integration between the two companies, something he reiterated earlier this month at the North American International Auto Show in Detroit. Continue Reading...

Auto Execs Skeptical of EV Success

Auto Execs Skeptical of EV Success
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In fact among the 200 executives surveyed anonymously, two-thirds predict that sales of both Hybrid and pure EVs will only account for around 6 percent of total vehicle sales in Europe and the US by 2025 Continue Reading...

Ford US Sales Reach 2 Million Units

Ford US Sales Reach 2 Million Units
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Light trucks have also been doing well, with the breadwinning F-150, along with the outgoing Escape and Explorer looking to post strong gains (current estimates predict around a 30 percent increase by the time all’s said and done), according to a official statement released by the company. Continue Reading...

Cadillac Planning New Models to Keep Up With China Demand

Cadillac Planning New Models to Keep Up With China Demand
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Kevin Wale, who head’s up the brand’s operations in that country, said at a recent press conference in Shanghai, that the brand plans to boost production by some 40 percent in the next two years. Continue Reading...

Youngman and Turkish Government Interested in Saab Assets

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Youngman and Turkish Government Interested in Saab Assets
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It’s probably not surprising, but considering the money it’s already put out to try and save Saab, China’s Zhejiang Youngman Lotus Automobile Co Ltd, is still interested in acquiring what assets it can Continue Reading...

Hyundai Targets 7 Million Global Sales in 2012, Could Oust Toyota from Top Three

Hyundai Targets 7 Million Global Sales in 2012, Could Oust Toyota from Top Three
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That said, both brands plan on achieving combined global sales of 7 million units next year, up from more than 6.5 million in 2011, which also marked a record total. Continue Reading...

Volkswagen Poised to Overtake Toyota as World’s Largest Automaker

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Volkswagen Poised to Overtake Toyota as World’s Largest Automaker
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VW was the first western automaker to set up shop in China and has been selling cars there for around three decades. And it looks like its goal of becoming and remaining the world’s biggest automaker in terms of volume is likely to bear fruit, for in addition to VW products, it’s also seen demand... Continue Reading...

US Auto Sales Rise As Import Price Gap Increases Thanks To Rising Yen

US Auto Sales Rise As Import Price Gap Increases Thanks To Rising Yen
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As the Yen continues its march against the dollar, Japanese manufacturers are less likely to offer incentives to move metal off dealer lots; in fact average industry wide spending on incentives fell some 9.6 percent through September, down to $2,498 per vehicle. Continue Reading...

Suzuki Asks VW To ‘Remedy’ Contract Infringements

Suzuki Asks VW To ‘Remedy’ Contract Infringements
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VW on the other hand, claims Suzuki also violated terms of the contract by failing to disclose that it had done a deal with FIAT to supply engines, yet Chairman Suzuki maintains that this allegation “significantly disparaged Suzuki’s honor” and continues to seek an apology and retraction from the Wolfsburg company. Continue Reading...

Jaguar Land Rover Global Sales up 26 Percent in September

Jaguar Land Rover Global Sales up 26 Percent in September
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In North America, where Jaguar Land Rover has been struggling recently, September represented a refreshing turn of events, demand up by some 10 percent, largely aided by the XF, which is proving quite popular with buyers here. Continue Reading...

Canadian Union Voices Concerns Amid New UAW Contract

Canadian Union Voices Concerns Amid New UAW Contract
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At present, GM hasn’t made any official announcements regarding the move, though an article in Nashville based newspaper, the Tennesseean claims the General is seriously considering such a strategy, citing economic officials. Continue Reading...
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