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Friday, January 20, 2012

GM reclaims global sales crown with volume of 9M in 2011

DETROIT (Bloomberg) -- General Motors Co. sold 9.03 million vehicles worldwide last year, the company said on its Web site. The results probably secure the automaker's place as the world's largest by unit sales two years after emerging from bankruptcy.

Tuesday, January 10, 2012

Shanghai Auto Show opened Aston Martin !

9 January, 2012, Shanghai: After significant investment and growth in China, Aston Martin continues its bold expansion, with the opening of the luxury British marque’s largest flagship showroom, in the Pudong district of Shanghai.

Tuesday, January 3, 2012

Toyota's new Camry wins recommended status from Consumer Reports

LOS ANGELES (Bloomberg) -- Toyota Motor Corp.'s revamped Camry, the best-selling sedan in the U.S., won a "recommended" review from Consumer Reports magazine, which has been critical of some of the Japanese automaker's models.

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.