NEWS

Car Sales Slide 3% in Canada

3/4/2013

Automakers sold 103,200 light vehicles in Canada last month compared with 106,700 units in February 2012, according to DesRosiers Automotive Consultants Inc.

Ford Tries Car-Sharing Service in Germany

3/4/2013

Ford Motor Co.'s German unit will roll out a nationwide car-sharing program in the second quarter that will let customers rent vehicles for short periods through its dealer network.

Mercedes-Benz Expands India R&D

3/4/2013

Daimler AG has opened its new Mercedes-Benz Research & Development India Ltd. facility in Bangalore, the company's largest R&D center outside Germany.

Mercedes-Benz to Expand India Operations

3/4/2013

Daimler AG has opened its new Mercedes-Benz Research & Development India Ltd. facility in Bangalore, the company's largest R&D center outside Germany.

South African’s Auto Sales Rise 2%

3/4/2013

Sales of new vehicles in South Africa advanced to 53,200 units last month from 52,400 units in February 2012, according to the National Assn. of Automobile Manufacturers of South Africa.

Ford to Begin Car-Sharing Scheme In Germany

3/4/2013

Ford Motor Co.'s German unit will launch a nationwide car-sharing service in the second quarter that will let customers rent vehicles for short periods through its dealer network.

Is Sports Car Market Fading?

3/4/2013

Demand for sports cars is up for now. But an aging baby boomer population and different attitudes among young buyers may portend a slow decline for the segment, Automotive News says.

Hyundai Postpones Market Share Target for Europe

3/4/2013

Hyundai Motor Co. has delayed its goal of capturing 5% of Europe's car market to the end of the decade from its previous deadline of 2016, The Wall Street Journal reports.

Hyundai Delays European Market Share Target

3/4/2013

Hyundai Motor Co. has postponed its goal of capturing 5% of Europe's car market to the end of the decade from its previous deadline of 2016, The Wall Street Journal reports.

Car Sales Post Double-Digit Declines in France, Italy, Spain

3/4/2013

Registrations of new vehicles in France tumbled 12% year on year to 143,400 units last month, says the industry group CCFA.