Industry

All major markets showing sales loss

The European Automobile Manufacturers' Association revealed that car sales in June were 1,134,042 cars, down 5.6% from June 2012. It was the worst June for EU auto sales since 1996. For the first half fo the year, 6,204,990 cars have been...

Final decision will be made in a year

Mercedes-Benz Chairman Dieter Zetsche says that it is considering building the CLA at Nissan's factory in Aguascalientes, Mexico, to fulfill demand in North and South America. He says the decision is at least a year away, and production w...

It wants to control 40% of the Russian market by 2016 and control the Indian market

Renault-Nissan is making a big push into emerging markets. Thirty percent of its total sales come from Brazil, Russia, India and China. On July 15, Nissan announced its new Datsun GO that will go on sale first in India and eventually roll out ...

It will add production capacity for the popular compact crossover

GM Europe is bringing Opel/Vauxhall Mokka production to Spain’s Zaragoza factory in the second half of 2014. Previously, the cars had been built at GM’s Bupyeong factory in South Korea. The Mokka has been quite popular in Europe, and G...

Hybrid model sales up 67.5%

Toyota and Lexus sold a combined 413,043 cars from January to June in Europe, down 5.5% from the same period in 2012. However, models like the Yaris Hybrid and Auris experienced major gains in sales. While sales overall were down, some models ...

European sales fall 3.5%

Volkswagen Group continued to be a leader in worldwide auto sales in the first half of 2013 with sales of 4.7 million cars, a 5.5% increase over the same period last year. For June alone, it sold 827,800 cars, a 3.7% increase. “The econo...

China is already buying more BMWs than the US

China rise as a consumer nation is happening faster than anyone expected. BMW sold 800 cars a year in China in 1994; today it sells 900 cars a day. BMW is predicting that by the end of the year it will sell more cars in China than in the United St...

Bentley gave the limousine to the Queen on 2002

Bentley is celebrating 9% growth fir the first half of the year with 4,279 cars sold worldwide. It will also be displaying the Queen’s limousine during the Coronation Festival. Bentley’s biggest sales gain came in the United States...

It is nearly flat in Europe but up elsewhere

BMW Group sold 954,521 cars in the first six months of the year, a 6% increase, and it sold 184,489 cars in June, a 6.9%. “The BMW Group achieved its best ever sales figures in the first half of this year and last month, despite the prev...

Asia continues to be a major market for both companies

Volkswagen Cars and Audi continue to experience worldwide growth, except in Europe where both had falling sales. Both are still experiencing rapid growth in Asia, especially China. Volkswagen Volkswagen Cars has sold 2.91 million cars in t...