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
The super-luxury brands owned by Germany's Volkswagen and BMW groups both posted healthy sales growth in 2012. VW's Bentley announced global growth of 22% year on year to 8,510 cars, following the worldwide dealer count rising 10%, while BMW's Rolls-Royce said it booked a "record" 3,575 cars but did not provide a 2011 comparison.
Opel has no plans for further factory closures at the moment, interim CEO Thomas Sedran said, adding that the weak European car market may shrink by 4 percent this year.
Daimler's Mercedes-Benz has launched integration of Siri, Apple's 'intelligent assistant' that allows users voice access to apps, into the new E-Class but only for drivers using the iPhone 4S and not the recently released iPhone 5.
Opel started production of the Adam minicar at its Eisenach plant in Germany today as it strives to win back European customers amid the worst regional auto industry downturn for nearly two decades.
BMW Group sales in 2012 totalled 1,845,186 units worldwide, up 10.6% year on year. All three brands - BMW, MINI and Rolls-Royce posted records last year.
The European Union must cut emissions from diesel vehicles as part of a drive to reduce air pollution, which causes nearly half a million premature deaths a year, EU officials said.
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