Mexico's auto production was little changed in December as exports fell 9.7 percent on fewer shipments to other Latin American countries and the United States, an industry trade group said. Mexico's annual production climbed 13 percent to a record 2.
The Vietnamese new vehicle market ended last year on a down note, with sales in December falling by more than 21% to 8,627 units - according to the Vietnam Automobile Manufacturers' Association (VAMA).
Ford Motor Company directors have approved a first quarter dividend of US$0.10 per share, double the level paid in each quarter of 2012.
In November, Dodge added the Avenger, Challenger and Charger vehicles to the list of Blacktop special editions.
GM Chief Information Officer Randy Mott today called Hewlett-Packard's efforts to question two technology workers hired by the automaker 'retaliatory' and a 'fishing expedition.'
Rachelle and Henry Grady from Florida's Gold Coast have had oil in their veins for at least as long as their 37 years of marriage. Henry started in the auto-parts business in Tampa and soon opened a parts emporium in Coral Gables.
Despite what it called "a declining European market", Toyota Motor Europe (TME) on Thursday (10 January, 2013) announced a 2% year on year sales increase for 2012 to 837,969 vehicles.
Renault has proposed increasing working time at its factories by an average of 6.5%, claiming it would make its sites "more attractive" and save EUR65m, but the move has incensed one French union, which has called on the automaker to come up with a "real industrial strategy."
Ford doubled its quarterly dividend to 10 cents per share, its highest in seven years, on the back of strong sales in North America and a healthy balance sheet.
Audi sold a record 1.45 million vehicles globally in 2012, driven by strong growth in the United States and China and beating a previous sales target of 1.4 million.
News
10 Jan, 2013
The Adam family will expand with powerful VXR and drop-top models
Car production in Poland fell by a third year on year in December 2012 following big factory lay-offs at Fiat.
Kia has followed its parent Hyundai Motor and lowered the prices of some models in South Korea following an increase in consumption tax.
Kia said it planned to make 290,000 cars in Slovakia this year, which would be below its record of 292,000 units made in 2012.
News
10 Jan, 2013
Following continuous losses in Europe, Opel has revealed details of its exciting 10-year plan for growth
News
10 Jan, 2013
Production of the Vauxhall Adam has begun at the factory in Germany
Car sales in India are expected to post their weakest growth in nine years as automakers struggle with with falling demand caused by high interest rates and rising ownership costs.
EDITOR WES RAYNAL: This 2013 Cadillac ATS 3.6L is a better car than I thought it'd be by quite a margin.
News
10 Jan, 2013
The next-generation Ampera could feature a smaller battery and shorter range in a bid to drive down the price
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