US Auto Sector to Keep Dropping Till 2020
16 Feb 2010, 10:48 UTC · By: Bogdan Popa / There's no doubt 2009 was one of the most difficult years in the history of the US auto sector and the bankruptcies of two of its largest carmakers, GM and Chrysler, are the living proof. But t...
Mitsubishi Targets 100,000 Sold Units in the US
27 Jan 2010, 10:17 UTC · By: Bogdan Popa / The United States automotive market is showing some signs of recovery and carmakers selling vehicles in the country are planning to take full advantage of this. Mitsubishi for example is looking to ...
2009 Auto Industry Wrap Up
30 Dec 2009, 15:15 UTC · By: Daniel Patrascu / CHAPTER 1: GM - THE NEVERENDING STORY CHAPTER 2: CHRYSLER AND FIAT - A MATCH MADE IN HEAVEN CHAPTER 3: FORD - THE LITTLE ENGINE THAT COULD &n...
Intel Mulling Over Auto Industry
23 Nov 2009, 11:10 UTC · By: Bogdan Popa / What do computer hardware manufacturers and the automotive sector have in common? Quite a lot, especially if we take into account the current trends that are pushing carmakers towards electric cars ...
Hyundai Forecasts 83 Percent Sales Increase in China
13 Nov 2009, 11:22 UTC · By: Bogdan Popa / The Chinese market is indeed one of the largest in the world and, as a result, global automakers have quite high expectations when it comes to this particular region. Hyundai is one of the companies...
Toyota Forecasts 11M Units Sold in the US Next Year
3 Nov 2009, 10:00 UTC · By: Bogdan Popa / Toyota is one of the companies that are hoping to see a massive recovery from the US market in 2010 and said it expects its local sales to top 11 million units next year. Bob Carter, Toyota US chief...
Ford Fiesta Sales Reach 500,000 Units
30 Oct 2009, 07:39 UTC · By: Bogdan Popa / Sales of the new Ford Fiesta reached 500,000 units in October, after global retail sales of the car surpassed the 470,000 units milestone in September, with 430,000 sales in Europe and 40,000 in the...
Visteon Sees China as Key Market
29 Oct 2009, 08:12 UTC · By: Bogdan Popa / After filing for bankruptcy in the United States, Visteon is now studying new ways to cope with the economic downturn and expanding operations in China seems to be the easiest way to do that. In an ...
Honda: US Recovery Still Elusive
28 Oct 2009, 11:28 UTC · By: Bogdan Popa / The United States market recovery isn't showing too significant signs of recovery, a senior Honda executive said in a statement, emphasizing that the local market is still living under the pres...
Mulally: Ford Still on the Right Path to Profit
22 Oct 2009, 15:38 UTC · By: Bogdan Popa / Ford, the only large automaker in the United States that survived without government support, is still on track to return to profitability by 2011, CEO Alan Mulally said in an interview for just-aut...
Chinese Auto Boom, to Slow Down in 2010
13 Oct 2009, 11:01 UTC · By: Daniel Patrascu / The 2009 record interest the Chinese market has manifested towards the auto industry may be just a passing miracle, and may end as soon as next year. At least this is what analysts believe, as they ...
Rock Bottom Reached, Long Climb Begins...
21 Sep 2009, 09:29 UTC · By: Daniel Patrascu / ...at least this is what "la creme de la creme" of the automotive industry think. Gathered at the 2009 Frankfurt Auto Show, the top executives of top car manufacturers seem to be in consen...
Tire Sales Expected to Decline in 2009
11 Aug 2009, 07:29 UTC · By: Alexandru Radu Chis / Because of declining car sales and re-planned tire running, the tire industry projected a 16 percent drop in volume sales for 2009. According to a study made by Rubber Manufacturers Association (RMA...
VW Projects Zero Growth in 2010
31 Jul 2009, 15:02 UTC · By: Bogdan Popa / 2010 is going to be a difficult year for the automotive industry. At least, this is what Volkswagen believes, projecting a zero growth in the car market next year. After unveiling a drop in sales in...
Toyota Expects Profit Next Year
24 Jul 2009, 13:16 UTC · By: Bogdan Popa / Japanese manufacturer Toyota, currently the world's number one automaker, expects a new loss in North America, despite admitting that sales are going pretty well at this time and it delivers mo...
Mazda Sales Going Well in Europe
23 Jul 2009, 09:31 UTC · By: Bogdan Popa / Mazda is one of the companies which are posting increasing sales around the world, especially in Europe where governments across the continent supported automakers with scrapping schemes. The Japane...
Magna, RHJ Still in Play for Opel, BAIC Out of the Deal
23 Jul 2009, 08:27 UTC · By: Bogdan Popa / After receiving three improved bids on Monday, General Motors has finally decided: it will continue negotiations with both Magna and RHJ International. The American manufacturer made the announcemen...
GM Q2 Sales Up 7 Percent Outside the US
22 Jul 2009, 14:00 UTC · By: Bogdan Popa / General Motors, who recently emerged from bankruptcy, revealed its second quarter financial results, unveiling a 7 percent increase outside the United States compared to the same period of the previ...
Toyota Forecasts 12 Million Sold Cars in China
22 Jul 2009, 12:52 UTC · By: Bogdan Popa / Recently crowned the world's number one manufacturer, Toyota is quite optimistic when it comes to 2009 sales, in spite of the gloomy predictions made by auto industry analysts around the world....
Nissan to Introduce New Dual Injector System
14 Jul 2009, 14:57 UTC · By: Alexandru Radu Chis / Nissan Motor Co., Ltd. announced today it will introduce a new fuel delivery system for small-displacement engines on the market starting with early fiscal 2010 . The system developed by...