Auto News

AutoGuide News Blog

The AutoGuide News Blog is your source for breaking stories from the auto industry. Delivering news immediately, the AutoGuide Blog is constantly updated with the latest information, photos and video from manufacturers, auto shows, the aftermarket and professional racing.
 |  Jul 28 2011, 3:33 PM

General Motors is trailing  Nissan in electric car sales, prompting the the American automaker to boost output on Chevrolet Volt to 5,000 units a month as the automaker tries to take the lead.

Nissan sold 3,875 Leaf units in June while GM followed behind with 2,745 vehicle sales. Tony Posawatz, vehicle line director for the Chevy Volt said, that while Nissan accelerated production faster than GM, the Detroit automaker will outstrip its Japanese rival and make 5,000 Volt vehicles as quickly as possible for January. Posawatz also said that GM will quickly expand output towards the goal of selling 10,000 Volts in the U.S annually.

“This is very much about supply constraints as opposed to a sales race,” Rebecca Lindland, an analyst with IHS Automotive, a research firm based in Lexington, Mass. “Next year will really show true demand for these kinds of cars and which one wins.”

[Source: GM Inside News]

 |  Jul 27 2011, 6:00 PM

Ferrari announced today that the first six months of 2011 have been the best in the company’s history. The Italian automaker posted a record revenue of $1.1 billion for the first six months of this year and delivered a record 3,577 units or 11.8 percent more than the first half of 2010. Sales also increased in the U.S by 23.9 percent to 939. Chinese sales have increased 116 percent to 378 vehicles.

“These results come thanks to the success of the two 12-cylinder limited editions – the 599 GTO and the SA Aperta – and the strong performance of the 8-cylinder models with the California the standard-bearer in the GT sector and the 458 Italia the benchmark in the sports car area,” Ferrari said in a statement.

With the launch of the all-new Ferrari FF underway, the vehicle will most likely contribute to even better sales results in the next few months.