The National Highway Traffic Safety Administration is considering expanding two small airbag recalls issued by General Motors to a far larger recall of about 400,000 vehicles.
The year 1963 was the first for the Porsche 911.
Supercar maker Pagani introduced the Zonda Revolucion at its yearly international Pagani meet up. The Revolucion will be the last version -- for now -- of the Zonda.
General Motors, four years after being kicked out of the Standard and Poor's 500 Index, will heal another wound of the financial crisis when it rejoins the benchmark gauge for American equities this week.
Tata Motors' total sales (including exports) of Tata brand commercial and passenger vehicles in May 2013 were 49,304 vehicles. The company's domestic sales of Tata commercial and passenger vehicles for May 2013 were 45,430 units.
Italy's Agnelli family has raised up to EUR2bn from the disposal of a stake in a Swiss product inspection company, a move that analysts say suggests it plans to preserve its large shareholding in Fiat.
Japan's new vehicle sales, including mini-vehicles, fell 6.9% from a year earlier to 367,648 units in May.
Honda Cars India booked record monthly sales of 11,342 units in May 2013, up 9.8% on May 2012's 10,334 units.
Honda and Chinese joint ventures with Dongfeng and Guangzhou sold 54,564 cars in the country in May, up 4.6% year on year.
Sales of luxury cars in India are expected to double by the end of the decade increasing market share from 2% to 4% as total industry sales hit 8m in 2020.
Hino Motors and Mitsubishi Fuso Truck and Bus are increasing their efforts to boost operations in eastern and central Africa to meet increased demand increase stemming from economic growth in the region.
The German car market was down almost 10% in May according to data released by the KBA. The decline in May follows a 3.8% gain in April and will add to concerns that demand in Europe's largest market is weakening, despite Germany's relatively robust economy.
Nissan Motor and its Chinese joint venture sold 103,000 cars in May, up 2% year on year and compared with a 2.7% rise in April.
Sales of BMW vehicles in South Korea have tripled since 2009 with the help of a free-trade deal that will get even more advantageous for European carmakers next month.
New car sales in Canada in May hit 185,000, close to the all-time high of 185,470 set in 2007. Forecasts for full year sales have been revised upwards to 1.76m.
Volvo set the bar too high with its sales projections for the US and China last year but won't be leaving the US as some media has speculated, chief executive Haakan Samuelsson said.
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News
4 Jun, 2013
Pagani has shown off the latest ‘ultimate’ version of its Zonda supercar, the £2.2m Zonda Revolucion
Former Porsche CFO Holger Haerter has been fined 630,000 euros ($824,000) by a German court for credit fraud in a criminal case over the refinancing of a 10 billion euro loan during a failed bid to takeover Volkswagen in 2009.
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