Turkish vehicle sales plunged 28 percent in April, industry data showed, leaving the country's four-month volume down 26 percent.
News
6 May, 2014
An unnamed British buyer has shelled out a rumoured £6.2 million on a McLaren F1 hypercar
Owing to inadequate foreign currency required to import parts, Ford has stopped assembly operations in Venezuela, plant workers told the Reuters news agency.
We all know the Fiesta has been the nation's best seller for, well, forever. But who knew that until recently, you couldn't have an automatic gearbox with the best selling 1.0 EcoBoost engine?
Sales of new cars declined 3.6% in Germany in April. The fall in Europe's biggest national car market underlines the fragility of the recovery to car demand in Europe that took hold in the second half of 2013.
General Motors, which sells more cars in China than anywhere else, reported sales there increased 6.3 percent last month, the slowest pace in 14 months. China sales climbed to 278,263 units in April, the company said in a statement on its website.
Nissan has started the production of its second all-electric vehicle - the e-NV200 - which will be available as both a passenger vehicle and light commercial van.
Volkswagen group brand Audi said it made "clear progress in all regions worldwide in the first quarter of 2014" as deliveries rose 11.7% to 412,846 vehicles, taking revenue to EUR12.9bn from EUR11.73bn a year and operating profit to EUR1.314bn from EUR1.307bn.
Wabco has opened a new application engineering centre in Pune, India to serve Tata Motors.
New car sales were slow in April 2014 with volume off 5.2% year on year to 80,710 new vehicles in what was a reduced selling month, owing to significant public holidays, official data showed.
News
6 May, 2014
The mobile phone company has started a fund to support the autonomous and connected car sector’s growth
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General Motors is spending US$50m on a new, flexible trim shop and upgrades to the press room at its Lordstown, Ohio, complex for the redesigned Chevrolet Cruze compact sedan due in 2016.
Mercedes brand sales rose 14 percent in April helped by demand for the newly launched C class and the automaker's growing compact lineup.
Michelin plans to close its truck tire plant in Budapest, Hungary, in response to adverse trends and aggressive competition in the European market. The French firm, however, will keep making high-performance car tires in the country.
Hyundai Motor says it has been officially chosen by a European Commission backed partnership to supply demonstration fuel cell electric vehicles for a third consecutive year.
Partsmaker Continental would be able to fund another multi-billion-euro acquisition in the next 18 months to spur growth, its finance chief said today.
News
6 May, 2014
Subtle visual upgrades, new Matrix LED headlights and hybrid tech for revamped Audi A6
Porsche is planning to expand its Cayenne lineup with a coupe-styled version of the SUV to rival the BMW X6, sources said. Design proposals for the new five-door model, scheduled for introduction in 2018, are described as being at an advanced stage.