Russia's auto market fell 26 percent in August as a weak economy and the Ukraine conflict continued to hit sales. Russia's government said last month it would resume a scrappage scheme aimed at boosting consumer demand in the market.
New-car sales in Russia fell by 26 percent in August after a 23 percent decline the previous month as Western sanctions over the conflict in Ukraine hit consumer confidence.
New-car sales in Russia fell by 26 percent in August after a 23 percent decline the previous month as Western sanctions over the conflict in Ukraine affect consumer confidence.
Bosch says it approached Brazil's antitrust authorities after discovering it had been operating a cartel in spark plugs together with Japan's NGK Spark Plug Co. "We have reported ourselves to the authorities," the supplier said.
News
8 Sep, 2014
Volkswagen launches special edition Amarok Dark Label pick-up – only 300 to reach the UK
Due to falling real wages and a weakening rouble, Volkswagen plans to reduce production at its plant in Kaluga, Russia.
Features
8 Sep, 2014
The new Jaguar XE is a crucial car for the famous British brand: we mark its arrival with a bumper package of XE-related content
Maruti Suzuki has suspended construction work at its planned R&D facility in Rohtak, in India's Haryana state.
Mitsubishi's subsidiary in Venezuela, MMC Automotriz, has suspended operations for a month due to a delay in importing parts for assembly.
Maruti Suzuki received 3,000 orders for its new Ciaz mid-size sedan in the first three days of sales.
Tesla CEO Elon Musk says his company and Toyota could team on another 'significant' joint project in two or three years, and at higher volumes than the soon-to-end RAV4 program.
Jaguar's new XE sedan is a critical test of the brand's ability to compete for entry-level luxury buyers after production of the Ford Mondeo-based X-Type was stopped in 2009 because of disappointing sales. The XE is being unveiled today in London.
Jaguar's new XE sedan is a critical test of the brand's ability to compete for entry-level luxury buyers after production of the Ford Mondeo-based X-Type was stopped in 2009 because of disappointing sales. The XE is being unveiled today in London.
General Motors' US flagship brand Cadillac will begin offering advanced "intelligent and connected" vehicle technologies on some 2017 model year vehicles, the automaker's CEO Mary Barra said at the weekend in a keynote address to the Intelligent Transport System (ITS) World Congress in Detroit.
Fiat CEO Sergio Marchionne criticized remarks by Ferrari Chairman Luca Cordero di Montezemolo after newspapers said Montezemolo might head Italy's Alitalia airline.
News
8 Sep, 2014
Zagato unveils coach-built Aston Martin Virage Shooting Brake to complete centennial trilogy
AvtoVAZ says it is looking to the success of airline, Aeroflot, as a benchmark to improve its image and change consumer perception of its products.