Vehicle sales in Europe are likely to fall for a sixth straight year in 2013, extending damaging price wars as mass-market manufacturers seek to protect their market share, Fitch Ratings says.
Research firm Pike Research is forecasting that global EV and hybrid sales will reach an annual 3.8m units by 2020.
Akebono Brake Industry began constructing Ai-Village, a global training centre, at its Ai-City Headquarters in Hanyu.
Whether we believe the recession is over or not, staying competitive is an increasing challenge. There is near-universal agreement that part of the solution is excellent product, but recruiting the talented engineers needed to do this is increasingly difficult. Is it just a matter of supply and demand or are there deeper challenges? What are the solutions? To find out, we spoke to Chester Boothe of Jonathan Lee Recruitment, one of the automotive industry's leading HR resourcing specialists.
Happy New Year. And all that. Now, for those to whom it applies, the turkey and associated festivities are out of the way for another year, 'tis time to look back at 2012 sales and ahead at 2013.
Upbeat prospects for car-sharing were underlined this week when car hire giant Avis purchased Zipcar for almost $500m. The analysts at Frost & Sullivan have been following the burgeoning car-sharing sector and, in this article, put the latest deal in context.
The government of congestion-choked Chinese city Shanghai wants residents to buy more electric cars so will offer extra rebates and free licence plates to buyers.
News
4 Jan, 2013
Skoda has confirmed six new models for 2013, including the Octavia Estate
Mazda plans to spend a further US$150m on its Guanajuato, Mexico, plant, currently being built, to boost annual capacity from 140,000 to 230,000 by the end of fiscal 2016, the company said in a statement.
Official VFACTS data released on Friday (4 January) by Australia's Federal Chamber of Automotive Industries (FCAI) showed 1,112,032 new passenger cars, SUVs and commercial vehicles were delivered in 2012, setting a new record.
Italy's car market declined by almost a fifth in 2012 as new car demand reeled under the impact of economic recession, fiscal austerity and renewed political uncertainty.
Despite consumer and business uncertainties about the fiscal cliff, US light vehicle sales remained robust in December, pushing total deliveries for the year to 14,492,398, close to the upper end of most analyst predictions.
Mazda said capacity at the plant it's building in Mexico that will also make cars for Toyota will be 21 percent larger than planned.
Fiat plans to boost its stake in Chrysler Group to 65 percent by exercising its option to purchase an additional 3.3 percent from the UAW's retiree health-care fund.
BMW sales surged 39 percent in December, powered by the 5-series car line, helping it top Mercedes-Benz in luxury-brand sales in the United States for the second consecutive year.
Operation Red Nose wrapped up its 29th annual campaign with 87,761 rides across the country, including 65,391 in Quebec alone.
For 2012, a total of 58,319 good Samaritans in seven provinces volunteered to give tens of thousands of Canadians a safe ride home during the holidays.
Since launching in 1984, Operation Red Nose has now completed 1,834,323 rides.
Next year will mark the 30th edition and involve the one millionth volunteer.
Source: Opération nez rouge
The 2013 Chevrolet Cruze will feature the industry's first supplemental restraint system that adjusts airbag deployment to the force of a collision.
Other automakers have already come up with something similar; however, the Cruze's ''intelligent'' airbag stands out by relying on a single compressor (instead of two) that regulates air pressure into the airbag.
In a minor collision, the airbag offers less resistance, thereby reducing the risk of injuries related to airbag deployment.
Audi will host the premiere of the 2014
R8 and RS 5 Cabriolet at Detroit's North American International Auto Show, which kicks off on January 14th.
The 2014 Audi R8 will offer three different engine variants: V8, V10, and V10 Plus. They produce 430, 525 and 550 horsepower, respectively, with 0-60 mph (0-96 km/h) acceleration in as little as 3.3 seconds.
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| Photo: Audi |
Meanwhile, the all-new 2014 Audi RS 5 Cabriolet boasts a time of 4.9 seconds thanks to a naturally aspirated 4.2L V8 rated at 450 horsepower. At the press of a button, the soft top opens automatically in 15 seconds and closes in 17 seconds.
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| Photo: Audi |
Both models will go on sale this spring. Come back for more details including pricing.
Mazda announced that production capacity at its new assembly plant in Salamanca, Mexico, which is currently under construction, will be increased in the fiscal year ending March 2016.
Scheduled to open in the fourth quarter of the fiscal year ending March 2014, the facility will start with an annual production of 140,000 units. Capacity will then jump to 230,000 units two years later.
This increase will not only accommodate the growing worldwide demand for Mazda's
SKYACTIV vehicles, but also the additional annual production of about 50,000 Toyota-branded vehicles (beginning in the summer of 2015).
The Salamanca plant will build Mazda2 and Mazda3 models to be sold throughout North, Central and South America.
With the current economy the last thing you need is for your vehicle to break down. Whether your driving a reliable car or a busted up
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