Industry

Nissan Gaining Market Share in Europe, Up 5.4% for Year

Nissan Gaining Market Share in Europe, Up 5.4% for Year

Nissan's market share is up 5.4% for all of Europe compared to last year, and it is growing across the continent. It sold 51,147 units in Europe for October. The market share in Russia is up 7.5%; the UK is up 4.5%, and France is up 15.1%....
23.11.2012 | 541 views | 0 comments
Jaguar Land Rover and Chery Break Ground on Chinese Factory

Jaguar Land Rover and Chery Break Ground on Chinese Factory

Jaguar Land Rover and Chery Automobile have broken ground on a $1.75 billion joint factory in Changshu, China. The two companies also have approval from the Chinese government to form a joint venture to build and sell Jaguar Land Rover vehicl...
23.11.2012 | 4739 views | 0 comments
European Auto Advertising Up as Sales Fall

European Auto Advertising Up as Sales Fall

Despite automotive sales in Europe being down by around 8% for the year so far, advertising spending by European automakers is about 3.9% in Germany, the UK, France, Italy and Spain.  France, Italy and Spain are among the countries where ...
23.11.2012 | 5638 views | 0 comments
Ford's European Sports Coupe Plans on Hold

Ford's European Sports Coupe Plans on Hold

While Ford still plans to bring the next generation Mustang to Europe, Ford worries that it is too big and has too low fuel economy to be a big seller. It had planned to offer a smaller, more fuel efficient sports coupe to compliment the Mustang, ...
20.11.2012 | 817 views | 0 comments
Ford Will Launch 1.0 EcoBoost Fiesta in North America in 2013

Ford Will Launch 1.0 EcoBoost Fiesta in North America in 2013

Ford has announced that it will bring the 1.0 EcoBoost engine to North America in the Fiesta for the 2014 model year. Ford expects that it will be the most fuel efficient, non-hybrid car available in the United States when it goes on sale, but it ...
19.11.2012 | 898 views | 0 comments
Fiat Builds 1 Millionth Modern Fiat 500

Fiat Builds 1 Millionth Modern Fiat 500

Production of the modern Fiat 500 started in Poland in 2007 and five years later Fiat has built its one-millionth unit of the retro-styled, sub-compact car. It began building the car in Mexico in 2011 for North America as well. The car went on sal...
19.11.2012 | 681 views | 0 comments
Citroën Completes 200,000th DS3

Citroën Completes 200,000th DS3

Citroën has built its 200,000th DS3 at its Poissy factory in France. The car was a Sport Chic THP 155 that will go to Spain. Production of the DS3 started in March 2010.  Citroën expects DS3 sales to expand even further in the n...
16.11.2012 | 608 views | 0 comments
Ford and GM Finding Different Solutions to European Problems

Ford and GM Finding Different Solutions to European Problems

Ford and GM expect to lose a combined $1 billion for the quarter, and they both know that they must find a solution to stem these losses in the future.  Ford's solution so far has been the most simple. It has decided two close two fac...
30.10.2012 | 1872 views | 0 comments
Fiat Being Saved by Chrysler Success

Fiat Being Saved by Chrysler Success

Sergio Marchionne gave his major speed on the state of Fiat today, and as suspected, things are not doing well for the company. Operating profits were down 61% to €219 million compared to last year, and the company predicts continued declines...
30.10.2012 | 1218 views | 0 comments
Marchionne Expected to Bring Bad News at Announcement

Marchionne Expected to Bring Bad News at Announcement

Sergio Marchionne's big speech on the state of Fiat and Chrysler is coming tomorrow, October 30, and the news is expected to be very negative. Marchionne announced in 2010 that he wanted Fiat to sell 6 million cars a year by 2014, and it n...
29.10.2012 | 744 views | 0 comments

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