Korean auto makers have no all-new models – and zero never-before-seen concepts – to present to the more than 1 million consumers expected to visit the exhibition....More
Exports of Hyundai’s Eon small car to Southeast Asia and African countries have helped offset declining demand in Europe. The Korean auto maker was India’s first large-scale exporter and has ranked No.1 for a decade....More
The new company, Mazda Sollers Mfg. Rus, will locate its production facility in Vladivostok in Russia’s Far Eastern Federal District. Operations are scheduled to begin in fall 2012....More
Much of the growth in the month’s first half was fueled by fears of coming tax increases. But auto makers’ promotions and attractive features on their vehicles also provided significant incentives to buyers....More
India’s percentage of diesel-powered vehicles has risen from 15% to 40% in the past two years, as the gap between diesel fuel and gasoline prices widens and small diesel engines boost efficiency....More
Levies on all classifications of cars are being increased, most notably on completely built-up luxury imports, which had been taxed at a cumulative 112% and now carry a 140% duty....More
The plan is to roll out a production version of the new vehicle for the South Korean market in 2014, but wider marketing plans are not yet defined....More
Recent sales trends have been erratic, climbing as high as 18.7 % in some months and falling as much as 15.9% in others. There also have been wide swings in performance among individual auto makers....More
Navigation-system maker TomTom is offering downloads of celebrity voices (including some of these) to guide you on your route. Who would you like to have tell you where to go?
Auto companies sold 6.56 million vehicles worldwide in April, a 3.4% increase over same-month year-ago, raising total deliveries for the first four months of 2012 to 27.2 million units.
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