This year, Honda’s Odyssey once again has established itself as the minivan of choice, displacing the Dodge Caravan as U.S. market leader. Sales of Honda’s minivan entry were up 5.0% through August; Caravan deliveries have declined 14.8%....More
Prospects for hybrids in India look good for two reasons: The cars may offer relief from rapidly rising costs of conventional fuels, and government subsidies may help offset relatively high ownership and operation costs....More
Reports by JPMorgan Securities Japan detail the industry’s reversal of fortune since the dark days following the Lehman Brothers bankruptcy and subsequent start of the global recession in fall 2008....More
Auto makers looking for a way to kick-start sales want the government to roll back excise-duty rates to 2008 levels, and introduce compulsory scrapping of passenger vehicles at least 15 years old....More
The restrictions are part of an effort to raise air-quality standards being led by new Premier Li Keqiang, who faces the difficult task of balancing China’s need for consumption-led growth with its increasing desire for a cleaner environment....More
Sales slumped as consumers took a wait-and-see attitude toward the government’s price-rollback pledge. The market revived when a top industry official urged would-be buyers not to wait, as the cuts will be phased in over the next five years....More
Some of the biggest share gains of 2013 have been registered by the Detroit Three, specifically Ford and Chrysler, while Asian auto makers, notably Kia and Hyundai, experienced some of the biggest losses....More
Some suppliers are investing in additional facilities because they are confident current production levels will be sustained and because they have exhausted most of their avenues to stretch available...
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