New car sales in Hungary fell 10.4% to 158,628 in 2008 according to the Hungarian Association of Vehicle Importers.
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Peugeot has revealed first details of its first in-house-developed crossover - and diesel-electric hybrid - the 3008.
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Peugeot has revealed first details of its first in-house-developed crossover, and diesel-electric hybrid, the 3008.
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Citigroup expects the profits of European auto companies to turn negative in 2009 and "an almost universal passing of dividends" for the year, and revised its ratings on some European car makers.
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German auto parts giant Continental plans to raise its capital by about 1 billion euros ($1.31 billion) to repair its balance sheet following the renegotiation of covenants that govern an 11.
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Europe's new-car sales fell nearly 8 percent last year with Spain the hardest hit of the big five markets. Unit sales in Spain dropped 28.1 percent to 1.16 million cars, according to ACEA, the European carmakers association.
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Nissan Motor, Japan's third-largest automaker, will post an annual operating loss instead of a previously forecast profit, hurt by sliding sales and a soaring yen, a company source said on Thursday.
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Nissan Motor, Japan's third-largest automaker, will post an annual operating loss instead of a previously forecast profit, hurt by sliding sales and a soaring yen, a company source said on Thursday.
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Chrysler LLC, which just got a $4 billion federal bridge loan to keep it afloat, is moving the Jeep account back to BBDO, Detroit, effective immediately.
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American Axle and Manufacturing Inc. says its fourth-quarter sales fell about a third due to sharply lower vehicle production.
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General Motors presented the 2010 Chevrolet Camaro to the media today at the Montreal show. The modern-day pony car will be on sale this spring in 5 different trim levels, ranging from the base, 300-hp LS to the pavement-scorching, 422-hp 2SS.
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Daimler's smart fortwo electric drive city car will be powered by Tesla technology. This what the California-based electric sports car maker announced on January 14 at the North American International Auto Show (NAIAS) in Detroit according to the British Newspress agency.
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Audi displayed several upcoming models and powertrains today at the Montreal Auto Show- including the highly anticipated Q5 crossover and updated 2009 A6. The Q5 takes a place under the Q7 in the brand's SUV lineup and is set to go on sale early this year. It hits our market with a 3.2 liter, direct-injected V6, Quattro all wheel drive, and a six-speed automatic with Tiptronic.
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Trying to join the environmentally-friendly bandwagon, Hyundai shared some details of their Blue Drive program at the Montreal show today.
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Economic crisis be damned! BMW showed their redesigned 7-Series luxury sedan to attendees of the 41st annual Montreal Auto Show earlier today, giving those on hand a personal look at one of the world's most prestigious vehicle models.
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Nine members of Mercedes-Benz's pan-Canadian distribution network have been designated Star Dealers for 2009. The distinction generally goes to dealership owners that played a key role in the success of the German manufacturer in 2008.
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After the launch of the Legacy and Outback PZEV models last year, the Forester SUV will get its version this spring when the 2010 model is launched.
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General Motors presented the 2010 Chevrolet Camaro to the media today at the Montreal show. The modern-day pony car will be on sale this spring in 5 different trim levels, ranging from the base, 300-hp LS to the pavement-scorching, 422-hp SS.
Full story...
Trying to join the environmentally-friendly bandwagon, Hyundai shared some details of their Blue Drive program at the Montreal show today.
Full story...