car markets

China car market has great expectations for near future

seher — Tue, 08 Apr 2008 12:58:27 -0500

Hyundai Motors opened a $1 billion plant in China on Tuesday with partner Beijing Automotive, part of an aggressive expansion that could turn the continent into its largest overseas market by 2010. The companies are equal partners in a venture that now operates two plants and aims to double capacity in China to 600,000 units by 2010.

New Ford Focus Rolls off St. Petersburg Production Line

harminka — Tue, 19 Feb 2008 10:34:40 -0600

Production of the new generation Ford Focus got underway today at the Ford plant in St. Petersburg.

Car maker GM opens design studio in India

Dinka — Thu, 29 Nov 2007 10:03:37 -0600

General Motors Corp. opened its first design studio in India on Thursday in an attempt to extend its presence in the country.

Ex-fleet diesel cars expected to hold residual value

harminka — Wed, 21 Nov 2007 10:42:08 -0600

Values for ex-fleet diesel cars continue to hold-up despite industry fears that a flood of three and four-year-old vehicles into the used car market would send residual values into a downward spiral.

South Korean antitrust regulator fines Hyundai, Kia

Dinka — Thu, 15 Nov 2007 08:58:07 -0600

Antitrust regulator ordered Kia Motors Corp. to pay subcontractors and fined Hyundai Motor Co. for fair trade violations.

Porsche CEO reassuring VW over likely takeover

Dinka — Wed, 14 Nov 2007 11:22:09 -0600

Porsche AG's CEO said Wednesday in an open letter that his business was no hedge-fund "locust" in an attempt to allay fears about what his company's likely takeover of fellow German automaker Volkswagen would mean.

BMW's sales up 13 percent from year ago

Dinka — Thu, 08 Nov 2007 11:38:15 -0600

BMW AG saw its sales up 13.2 percent compared with last year, the company said Thursday. The Munich-based company, whose brands include BMW, Mini and Rolls-Royce, sold 123,304 cars, compared with 108,897 in October 2006.

Audi sales up 5.3 percent worldwide

Dinka — Thu, 08 Nov 2007 10:37:04 -0600

Volkswagen AG’s luxury arm Audi AG said Thursday that its global sales worldwide increased 5.3 percent in October compared with last year.

Hyundai Motor introduces new car in India

Dinka — Wed, 31 Oct 2007 13:38:46 -0500

A new compact car was introduced by Hyundai Motor Co. in India to boost sales in one of the fastest growing automobile markets.

Current car style: not what you expect to see at Tokyo show

Dinka — Wed, 24 Oct 2007 13:07:12 -0500

New car star – what they are? Far-from-common cars chosen by the Japanese "Big Three" automakers' top executives to drive on to the stage at the Tokyo Motor Show Wednesday said it all.

Nissan launches its Livina Series In Taiwan

harminka — Mon, 22 Oct 2007 05:57:54 -0500

Nissan Motor Co., Ltd., today confirmed that the Nissan Livina and Grand Livina both launched this weekend in Taiwan. The Grand Livina also will be introduced in South Africa next month, followed in January 2008 by the Livina. With the introduction of the Livina series in these markets, Nissan is growing its model lineup to include the MPV and compact hatchback segments.

BMW Group sales rise by more than 7% in September

harminka — Fri, 12 Oct 2007 15:59:58 -0500

Almost 1.1 million cars delivered in the year to September MINI reaches historic monthly record