U.S. auto sales in December are on pace to rise by 14 percent from a year earlier to hit an annualized rate of 12.4 million vehicles, J.D. Power and Associates said today.
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The average cost of a car sold in the US could rise by more than 20% if regulators institute the Obama administration's aggressive targets for increasing fuel economy, according to a Centre for Automotive Research study.
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General Motors has completed the repurchase of all the preferred shares the government obtained in return for public funds, repaying US$2.1bn to taxpayers.
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Welsh assembly government members visited body-in-white and stampings supplier Stadco's plant in Wales yesterday (15 December), to evaluate the company's investment that has created eight new jobs and secured a further seven posts.
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Toyota adds new T Spirit and SR models to Yaris range from January 2011.
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and#8220;Aw, come on, man! Go! Go! Hit it!and#8221;
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Two things stand out about the 2011 Jeep Compass: The sticker price is $4,000 higher than the 2010 model's, and the crossover was restyled in what might be considered record time.
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EXECUTIVE EDITOR--AUTOWEEK.COM BOB GRITZINGER: As much as there's nothing like a big, honkin' pickup when you need to do some serious hauling, when you need to do some serious haulin', there's really no match for the Cadillac CTS-V wagon.
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UK car output rose 11.1% to 125,458 units with 106,856 exported, in November. YTD output was up 28.7% to 1,176,147. Total output including commercials was 136,594 (+11.8%) and 1,290,484 (+29.4%) respectively.
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Germany's new-car sales will rise 6 percent in 2011, rebounding from an expected 23 percent drop this year on the back of stable economic growth, the German auto importers association (VDIK) said.
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Honda Motor has announced a huge worldwide recall of its popular Fit/Jazz line - about 1.35m cars including 621,000 exports, to repair a headlight defect.
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Volkswagen is recalling over 413,000 Golf, Rabbit, Jetta and Beetle models to check for fuel leaks.
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Brazil's antitrust agency ordered an investigation into automakers Volkswagen, Fiat and Ford to determine whether their policies toward auto parts suppliers hinder competition from independent partsmakers.
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Russian businessman Vladimir Antonov still hopes to own Saab, according to the Svenska Dagbladet newspaper.
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Kia Motors expects to increase output at its factory in Slovakia by 5.3% next year due to rising demand for SUVs.
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A report by PricewaterhouseCoopers (PwC) presented at Brazilian automakers association Anfavea's year end press conference confirmed the sustained growth of world auto industry led by China, Brazil, India and, with smaller numbers, Russia, at least until 2016.
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Opel's final Astra rolled off its Antwerp production line yesterday as speculation continues to swirl as to the future of the Belgian plant.
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Tata Motors Finance has launched a special scheme to boost flagging sales of its Nano budget model.
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Honda Motor Co. said today it would recall about 1.35 million Fit subcompacts globally to repair defective wiring in the headlights -- including 143,000 in the United States. No accident was reported from the defect, a Honda spokesman in Tokyo said.
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BMW, launching its electric car programme in 2013 under its Project I umbrella, is happy to play a waiting game. "We want to see how the market reacts to the first EVs," said Jochen Schroeder, manager electric powertrain pre-development, said in London.
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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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