New vehicle sales in the ASEAN region's six largest markets increased by over 40% to 834,421 units in the second quarter of 2012, from 590,529 units a year earlier, with the top two markets accounting for most of the growth.
Based on Chevrolet's vehicle launches over the past few years, a casual observer might not know that General Motors' bow-tie brand still makes trucks.
Higher vehicle volume and record finance-and-insurance income drove Group 1 Automotive to a 16 percent gain in second-quarter net income. The nation's fourth-largest dealership group today reported net income of $28.6 million, up from $24.
News
26 Jul, 2012
British maker confirms a drop in production for limited-run Aston Martin V12 Zagato
Nissan Motor reported that group net profit for the first fisal year quarter to 30 June dropped 15% year on year despite record car sales worldwide. The strong yen and increased sales expenses reduced the profit.
Severe flooding in the upper Yangtze river has cut off cargo shipments by boat to the inland cities of Chengdu and Chongqing, affecting the supply chains of a number of carmakers.
Hyundai sold 2,182,768 units in the first six months of this year, 327,963 in South Korea and 1,854,805 overseas. That was 11.5% up on the first half of last year.
Five years after it went on sale in European markets, an updated R8 supercar has been announced by Audi. As well as the standardisation of the formerly optional LED highlights, a dual clutch gearbox appears for the first time, as does a 550hp (404kW) V10 engine.
Volkswagen has opened the new plant of Shanghai Volkswagen (SVW) in Yizheng, aastern China, together with Hu Maoyuan.
India's Automotive Component Manufacturers Association (ACMA) is urging Maruti-Suzuki to reopen its shuttered Manesar plant as quickly as possible, with concerns growing supplier inventory levels may be becoming hard to sustain.
Videos
26 Jul, 2012
Gunther Holtorf has travelled more than 500,000 miles, exploring the world in his Mercedes G-Wagen
General Motors' vehicle line team restructure from 1 August will eliminate 20 jobs and a layer of management, the automaker said.
Ovar, the first production facility in Europe to build Toyota vehicles, has just assembled its final Hiace vans and passenger vans.
Volkswagen Group boosted first half 2012 operating profit 6.7% to EUR6.5bn on sales up 22.6% to EUR95.4bn.
News
26 Jul, 2012
Lotus abandons plans to introduce five new cars in five years, as new owner scales back ambitions
Below is a collection of reader-submitted spy shots.
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