Last month’s sales signal a slowdown expected to continue in June as the backlog from last year’s first-car tax-rebate scheme and natural disasters in 2011 and 2012 subsides and the market returns to normal....More
The Star newspaper previously reported a joint venture will see Proton using the Honda Accord chassis for a new product to succeed the Malaysian auto maker’s Perdana replacement model....More
One factor allowing the price rollback is the recent depreciation of the yen against the ringgit, which has lowered the cost of hybrid batteries imported from Japan....More
Toyota has been cool toward EV technology, believing fuel-cell vehicles offer a better long-term solution to global warming. But the No.1 hybrid maker nevertheless launched all-electric versions of the Scion iQ and RAV4 in 2012....More
Russia, which is the largest European market for competitors Lexus and Infiniti, along with neighboring Ukraine will be the first European Acura markets when deliveries start in 2014....More
A top Acura executive won’t say if the wagon is a goner, but ominously notes every model needs a good business case and “when there’s not enough demand (for a model), we just won’t do it.”...More
The Japanese auto maker participated in F1 racing from the mid-1960s until 2008, including stints as an engine supplier in the 1980s and early 2000s....More
U.S. luxury-vehicle sales are up 9.0% through May, outpacing the overall industry growth of 7.1%. Which luxury brand do you think will gain the most market share in 2013?
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