Mitsubishi has achieved decent amounts of success with the i-MiEV electric car in its home land, and also in Europe, where this model is also sold badged as a Peugeot iOn. Next month, the i-MiEV will be going on sale in America (called simply the “i” in our market), which will no doubt increase sales… Continue Reading...
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Saab has officially been struggling for two whole years now, since its problems first came to light in December, 2009. With time, it has seen some positive developments, but things don’t look any better for the foreseeable future. A few months ago, Saab had received a court order that prevented its creditors to push the… Continue Reading...
The current state of economy and the ever rising price of fuel is changing car buying habits in American households. Where once mid-size sedans like the Honda Accord and the Toyota Camry ruled, those spots are now being replaced by smaller cars like the Honda Civic, Toyota Corolla and Hyundai Elantra (above). Consumer survey specialists… Continue Reading...
Automobile manufacturing is a big part of the Canadian economy. 10 percent of the country’s manufacturing output is related to the auto industry. Things have been changing for a few years already, and the future is not looking good for Canada. Thanks to their lower labor rates and production costs, more and more car companies… Continue Reading...
German auto giant Volkswagen is already Europe’s largest auto manufacturer, but it won’t rest until it becomes the worlds largest producer of cars. To achieve its goals, it needs to do very well in America, a market where it hasn’t made a profit since 2003, despite moving 256,830 units in 2010. VW wants to sell… Continue Reading...
There was a time when Lexus was the top-selling luxury car brand in North America. In fact, it held onto that crown for nearly a decade. However, after the unfavorable publicity relating to allegations of unintended acceleration and then a production shortage due to the tsunami in Japan, Lexus lost the top spot in sales… Continue Reading...
According to the Detroit Free Press, all-wheel drive vehicles are increasing in popularity and could account up to 30 percent of all autos sold by 2015. Increasing numbers of consumers are opting for all-wheel drive in all segments, with luxury vehicles representing a significant part of the upward trend. Even American car companies are following… Continue Reading...