Nissan Motor's long-term target is to raise its share of the Japanese auto market to 20%, from 13% in fiscal 2010, top company executives said at the weekend.
Federal auto safety regulators have opened preliminary investigations into new Ford Mustangs with manual transmissions for possible shifting problems and diesel Volkswagen Jetta sedans for possible fuel leaks.
BMW Group sales rose 7.6% to 129,094 vehicles worldwide while the seven-month tally was up 17.9% to 962,468 units.
Volkswagen and Suzuki said they have no plans to end their tie-up. VW said a German media report that the automakers will terminate the alliance was nonsense.
Honda will recall over 2.3m vehicles in the US, China and Canada due to a problem with automatic transmissions in Accord, CR-V and other models.
Auto parts maker Bosch expects a challenging fiscal second half but is still investing heavily in research and development as well as capacity increase across its five manufacturing units in India, a top official has said.
Mike Jackson, CEO of AutoNation, says the largest U.S. auto dealer is stronger than ever. What's not strong in his view is the U.S. economy, and that's why he's telling workers they won't see higher paychecks anytime soon.
General Motors and its joint ventures sold 173,398 vehicles in China last month but record sales by Shanghai GM and the Buick, Chevrolet and Cadillac brands were offset by an overall 1.8% year on year fall overall.
BMW kept its position as the world's top-selling premium brand last month after global sales of the company's core brand rose 7.1 percent in to 108,721 units.
BMW kept its position as the world's top-selling premium brand last month after global sales of the company's core brand rose 7.1 percent in to 108,721 units.
Toyota's Russian plant in St Petersburg is shut from today (8 August) to 21 August for a scheduled holiday break, RIA Novosti reported.
BMW's new hybrid supercar gets its first starring role with a snap appearance in a teaser trailer for Mission Impossible 4
BMW's new hybrid supercar gets its first starring role with a snap appearance in a teaser trailer for Mission Impossible 4
Vehicle sales in Vietnam fell by 11% to 8,544 in July, from 9,570 units a year earlier, according to the Vietnam Automotive Manufacturers Association.
Sergio Marchionne, CEO of Fiat and Chrysler Group, says Alfa Romeo will return to the United States in late 2012. But if he makes the deadline, just a few units of the 4C limited-edition coupe would be on sale.
GM India has put on hold its plan to launch Cadillac in the country despite receiving positive feedback.
Somebody forgot to tell the auto industry that the economy is lousy. Indicators are glum. The fallout from the federal budget crisis is unclear. The stock market tanked last week and commentators have resurrected the term "double-dip recession."
Japan's tsunami crisis bottomed out in July for Toyota Motor Sales U.S.A. and American Honda Motor Co. as the pair lost 6.9 points of market share to their Detroit and Korean rivals compared with a year ago.
To suppliers, the federal proposal to hit corporate average fuel economy of 54.5 mpg by the 2025 model year looks like a sales opportunity.
After revamping most of its product lineup in 2011, Chrysler Group is gearing up to open the second act of its revival in 2012.