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Russian car sales plunged more than expected in January

Russian car sales plunged more than expected in January

The car sales trend keeps going down in Russia, as January reports show a steeper decline than analysts have predicted. The Russian automotive market started the year on the same downfall trend, a decline that pushed the industry last year to the lowest level since the country’s previous recession in […]

Mercedes-Benz starts 2016 with 20% growth

Mercedes-Benz starts 2016 with 20% growth

Following the record sales figures achieved by Mercedes-Benz last year, the three-pointed star brand started with a double-digit growth, pushed by a 50 percent sales rise in China. In its outlook report for 2016 issued last week, Daimler said it saw a slower year in terms of sales and profits, […]

UK new car market starts 2016 on growth

UK new car market starts 2016 on growth

After an all-time high for UK car sales last year, 2016 starts also with a rising trend, according to the latest report from The Society of Motor Manufacturers & Traders. The UK’s new car market got off to a positive start in January, with registrations climbing 2.9 percent compared with […]

Renault-Nissan sells almost flat in 2015

Renault-Nissan sells almost flat in 2015

In a joint statement, Renault-Nissan alliance said it sold 8,528,887 million vehicles last year, up almost 1 percent from 2014. Combined sales for the world’s fourth largest car group last year, which includes Renault, Nissan and Russia’s Avtovaz, were kept just above the 2014 line, being tempered by sharp declines […]

Ferrari sold 7,664 cars last year

Ferrari sold 7,664 cars last year

Ferrari NV finally announced its 2015 sales report, making also a cautious forecast for its financial performance this year, its first full year of independence. The Maranello-based carmaker sold 7,664 units in 2015, up 6 percent from the previous year. This performance was driven by a 17 percent increase in […]

Volkswagen outpaced the domestic carmakers in France last month

Volkswagen outpaced the domestic carmakers in France last month

The French car registration data published on Monday for the month of January shows Volkswagen in a stronger position than anticipated, outpacing Renault and PSA Peugeot Citroen. According to data released by the country’s main auto industry body – Comité des Constructeurs Français d’Automobiles -, French car registrations rose 3.9 […]