Edmunds.com has forecast 1,145,344 new cars and trucks will be sold in the US in September for an estimated Seasonally Adjusted Annual Rate (SAAR) for the month of 14.4m light vehicles. Earlier this week, WardsAuto.com forecast 1,163,000 light vehicle sales and September SAAR at a 54-month high of 14.6m.
Renault-Nissan unveiled plans to share gearboxes with Mercedes vehicles and develop compact engines with its parent Daimler, expanding their partnership with the German luxury automaker.
News
1 Oct, 2012
An investigation has been launched into the car insurance industry, in a bid to lower premiums
Russian Technologies and Renault-Nissan have agreed to form a joint venture (JV) to acquire a controlling stake in AvtoVAZ, the companies said in a statement on Friday (28 September).
Price discounting and self registrations by automakers trying to boost business in Europe's slumping car market have reached worrying levels, executives at General Motors Co. and Ford Motor warned.
Jaguar is pricing its new F-Type two-seat convertible between the Boxster and 911 sports cars from rival Porsche.
PSA Peugeot Citroen has said it will stop production in Slovakia for 21 days in the fourth quarter due to weak demand.
As mentioned in a previous blog, it was an an utterly terrific Paris show first press day and there is much to share. So, here's some more news, highlights, thoughts and observations.
News
28 Sep, 2012
Steve Fowler on what the car makers' new bosses have in store for us
European supplier body, CLEPA, has hailed the UK's efforts to provide creative funding and training as a model for other markets to follow in straitened times.
GKN Driveline says it continues to see growth among European premium customers, despite conceding the Continent is undergoing increasing turmoil on its southern periphery.
Former CLEPA CEO, Lars Holmqvist, says he is "convinced" further details surrounding Saab's painful descent into bankruptcy will emerge as previous CEO, Victor Muller launches his EUR3bn lawsuit against General Motors.
News
28 Sep, 2012
Our road test editor picks his stars of the 2012 Paris Motor Show
UPDATE: Whoever you are, wherever you are, take a moment to think of Chris Economaki. Make it your personal tribute, however brief, to this grand old man of auto racing journalists because he left us late Thursday, Sept.
Fiat CEO Sergio Marchionne and Volkswagen CEO Martin Winterkorn resolved a dispute that threatened to paralyze Europe's main car lobby group as the region's market sinks to a 17-year low.
Fiat CEO Sergio Marchionne and Volkswagen CEO Martin Winterkorn resolved a dispute that threatened to paralyze Europe's main car lobby group as the region's market sinks to a 17-year low.
Fisker Automotive says it has completed the initial closing of its current equity financing, representing in excess of US$100 million of new funding.
Hyundai Mobis plans to establish new large-scale distribution centres in the US, China, Russia and Brazil over the next year.
Carmakers dealing with economic gloom and weak consumer appetite in the battered European market pointed toward inevitable cuts to plant capacity and labor costs at the Paris auto show, as hopes for a quick recovery appeared to recede.
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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