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Jul
2nd

AutoNation’s June retail sales rise 13%

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AutoNation Inc., the nation's largest auto retailer group, said today that its June retail sales were up 13 percent from a year before. AutoNation's retail sales outstripped the industry, according to TrueCar.com, which said overall U.S. Full story...
Jul
2nd

EXCLUSIVE: MEXICO: Dealers celebrate as ‘chocolate car’ imports plunge

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In 2005, Mexico's car dealers were fighting to get rid of a hated visitor from north of the border: the 'chocolate car'. Full story...
Jul
2nd

ITALY: Fiat claws back share although sales still down

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New car sales in Italy fell 19% year on year in June, according to the transport ministry, although Fiat's market share moved back above target at 30.4%. Full story...
Jul
2nd

Continental raises outlook on car market surge

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Continental js raising its outlook for 2010 on the back of a surprisingly strong rebound in the global automotive industry. Full story...
Jul
2nd

JAPAN: Toshibia and Mitsubishi to share battery technology

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Toshiba is working jointly with Mitsubishi Motors to develop a rechargeable lithium ion battery system for use in electric vehicles. Full story...
Jul
2nd

BRAZIL: New vehicle sales still on a surge

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Vehicle sales in Brazil rose 4.7% in June from May to 262,780 as consumer demand for durable goods and lending remains strong. Full story...
Jul
2nd

INDIA: Nano sales boost Tata to number two in June

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Tata Motors overtook Hyundai as India's second-biggest passenger vehicle maker in June, as sales of its Nano budget car begin to gain traction. Full story...
Jul
2nd

German car export surge to slow in second half, industry body says

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A 44 percent first-half surge in German car exports is expected to slow down over the remainder of the year as scrapping schemes run out in Europe and 2009 comparison figures become harder to beat. Full story...
Jul
2nd

RUSSIA: Sollers/Fiat seek loans for assembly JV

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The joint venture between Russian car maker Sollers and Fiat is seeking a EUR2.1bn (US$2.6bn) loan from VEB bank. Full story...
Jul
2nd

UK: Baby Range Rover named Evoque

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Land Rover has named its new LRX concept-based model the Range Rover Evoque. Full story...
Jul
2nd

Audi’s China first-half vehicle sales breach 100,000 mark

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Audi broke through the 100,000 vehicle sales mark in China during the first half of this year and expects to match this result in the remaining months of 2010. Full story...
Jul
2nd

Car sales in Germany fell 30% in June, source says

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The German car market plunged in June as the aftershocks from last year's scrapping incentive scheme are forecast to continue haunting the industry throughout the rest of this year. Full story...
Jul
2nd

US SALES: June a mixed blessing

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June was a mixed blessing for automakers. According to Ward's, US light vehicle sales were up a healthy 14.4% with only a few manufacturers missing their numbers from last year but those results, especially for the Detroit Three, included fleet sales. Consumer sales remain soft, a real concern for the months ahead when rental fleets are replenished. Full story...
Jul
2nd

Toyota plans recall for engine glitch next week

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Toyota may next week recall up to 270,000 vehicles worldwide to fix an engine glitch. Toyota said it would file the recall in Japan on Monday, covering 90,000 high-end sedans. Full story...
Jul
2nd

Toyota plans recall for engine glitch next week

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Toyota may next week recall up to 270,000 vehicles worldwide to fix an engine glitch. Toyota said it would file the recall in Japan on Monday, covering 90,000 high-end sedans. Full story...
Jul
2nd

Toyota to recall 138,000 Lexus models to fix engine glitch

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The repair will involve replacement of valve springs - at no charge. The problem was caused by contamination during manufacturing, Toyota said. Full story...
Jul
2nd

GM plans to build 10,000 Volts next year

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General Motors Co. will build 10,000 Chevrolet Volts by the end of 2011 and 30,000 more in 2012, said Tony DiSalle, marketing director for the Volt. Full story...
Jul
2nd

Porsche leads Europeans in U.S. sales growth

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Driven by new products, about half of European brands outpaced the U.S. market's 14 percent sales gain in June. Smart continued to stagger, with sales of the ForTwo micro car down 48 percent for the month and 61 percent for the first half. Full story...
Jul
2nd

U.S. sales advance 14% in June amid signs of slowdown

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U.S. light-vehicle sales rose 14 percent in June, with major automakers posting some of their smallest gains of the year amid signs of sagging consumer confidence and a cloudier economic outlook. Ford Motor Co.' Full story...
Jul
2nd

Mazda targets U.S. sales of 30,000 a year for redesigned Mazda5

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Mazda Motor Corp. expects to sell 20,000 to 30,000 of the redesigned Mazda5 minivans in the United States annually when it reaches the market in January. Mazda sold 18,488 Mazda5s in the United States last year, down 16 percent from 2008. Full story...
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