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Thursday, December 29, 2011

2011 Auto Sales Could Reach Highest Total Since 2008

Automotive sales have slumped over the past few years, but analysts at TrueCar and Edmunds predict that by the end of 2011, new car sales could reach 12.8 million units, the highest total since 2008.

UAW organizing drive targets VW, Daimler in U.S.

ETROIT/HAMBURG (Reuters) -- The UAW is staking its future on the kind of struggle it hasn't waged since the 1930s: a massive drive to organize hostile factories.

Renault-Nissan may sign deal to raise AvtoVAZ stake in March

MOSCOW (Bloomberg) -- Renault and Japanese affiliate Nissan Motor Co. may sign an agreement to buy control of Russia's largest automaker, AvtoVAZ, in March, AvtoVAZ CEO Igor Komarov said.