Deliveries fell 21.7% to 56,250 units last month for the market’s worst April ever, and marked the 22nd consecutive month of decline. Sales in the first two weeks of May were down 25.7% year-on-year....More
Thailand has built its auto industry on what Vallop calls product champions – first the 1-ton pickup, then the eco-car. He says “low-risk” vehicles powered by alternative energy sources should come next....More
U.S. auto makers will sell 1.41 million light vehicles in May, more than in any of the previous 57 months, as the SAAR climbs to 14.6 million units....More
“People want products that are consumed publically to be more reflective of their identity, because others see them,” says a professor of marketing at the University of Michigan-Dearborn. “Cars are very much for self-expression.”...More
GM’s first production car to offer an SS option was the ’61 Impala. Only 453 units were built with upgrades including a modified chassis and suspension, power brakes, steering column-mounted tachometer and unique wheels....More
Despite a robust April, the floods’ repercussions were reflected in year-to-date data, with passenger-car sales rising just 1.7% to 139,482 units. But commercial-vehicle deliveries jumped 33.9% to 225,955....More
Germany and the U.K. managed slight gains, but double-digit losses were recorded in economically battered Greece, Spain, Italy, Portugal and Ireland....More
Fleet customers can boost market share and sales, areas where Nissan has bold expectations for the new ’13 Altima. But fleet transactions tend to be less profitable and, if overdone, risk damaging consumer perception of a nameplate....More
Incremental growth from two lineup additions, the recently launched iQ subcompact and upcoming FR-S sports car, should boost deliveries, as will future xB and xD replacements, the brand’s top executive says....More
An industry representative says year-on-year growth has stabilized at less than 15% in recent months, but the full-year forecast is being raised by 50,000 units to 2.85 million....More
All Class 8 manufacturers posted double-digit gains for the month. Standouts included Peterbilt, up 119.4%, and volume-leader Kenworth, up 81.8%....More
Analysts are reducing their 2012 volume projections in light of the first-quarter sales decline, which they attribute to lower purchasing power and greater difficulty in obtaining bank loans....More
Honda dealers who went nearly six months with no vehicles to sell face new pressure from the Japanese auto maker, which has reduced their credit period from one month to just 10 days....More
Despite solid gains by VW and its Audi luxury division, which together accounted for 20.3% of the market, combined sales of all other European auto makers in the WardsAuto group of 24 regions declined 7.2%....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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