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Out of the tens of thousands of vehicles damaged or destroyed by Hurricane Sandy, an estimated 8,000 to 10,000 are
Studebaker hasn't shown a new car design since the South Bend, Ind. automaker shuttered its last factory in 1966.
Toyota new car sales in China dropped 22.1% year on year in November to 63,800, narrowing the margin of fall from 44.1% in October as volume gradually recovers from the fallout of anti-Japanese protests in China.
The restructuring plan for Changan Ford Mazda Automobile (CFMA) has received final approval from the Chinese government.
Ford is recalling 2013 Escape and Fusion SE and SEL models sold in the US and Canada with the 1.6-litre engine.
U.S. auto sales--led by BMW, American Honda and Volkswagen Group--rose 15 percent to 1.14 million in November, exceeding analysts' forecasts and setting the stage for the industry to finish 2012 on a high note heading into the new year.
Geely-owned Volvo Car Corporation has it would be difficult to reach operating break even this year because of the sluggish European market.
New car sales in Spain fell 20.3% year on year in November.
Ford Motor Co. is recalling about 89,000 2013 Ford Escape crossovers and
Ford will extend the warranty and update software for the MyFord Touch infotainment system. The latest software will be available from 10 December to all current system owners.
Thailand's Ministry of Finance expects a total of 600,000 cars will have been sold under its first-time buyers' incentive programme when its runs out at the end of December 2012.
Lincoln is launching its biggest advertising campaign, a multimedia initiative that will include a one-minute spot during the Super Bowl on Feb. 3.
Renault will use the quietness of electric cars as its main sales weapon when it introduces the ZOE, a battery-powered small hatchback, to the UK next year.
U.S. auto sales -- led by BMW, American Honda and Volkswagen Group -- rose 15 percent to 1.14 million in November, exceeding analysts' forecasts and setting the stage for the industry to finish 2012 on a high note heading into the new year.
Renault has done an about-turn on its brand strategy as it tries to curb declining sales and under-utilisation of its factories.
Spanish new-car sales fell 20.3 percent last month to 48,155, the car manufacturers' association Anfac said on Monday.
With no reduction in tensions between China and Japan, Fuji Heavy Indistries said it would reduce exports of Subaru cars to China by about 80% to avoid further increases in excess inventory.
Hyundai has signed a deal with Turkish contract manufacturer Karsan to produce light commercial vehicles for the European market.