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Ford Asks President Obama to Pressure Japan to Open Auto Market


Ford asked President Obama to pressure Japan’s prime minister to stop weakening the yen and open the country’s auto market. Last year, sales of foreign automakers in Japan accounted for less than 4%, according to Joe Hinrichs, Ford’s president of the Americas. The US automaker also expressed its concerns regarding the weakening yen, which has dropped with about 8% against the ...
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Indian Auto Market Heads Towards Lowest Level in Last Decade
India’s auto market heads towards its lowest level over the past 10 years, as sales dropped 12.5% to 173,420 vehicles in January. According to the Society of Indian Automobile Manufacturers the ...
GM Sees India Auto Market Up to 3% This Year
GM expects auto industry in India to increase between 2% and 3% this year. GM said it expects sales in India to increase to 12,000 vehicles this year from 8,500 units ...
Moscow Motor Show: Seat Expects Sales Boost in Russia
The Russian auto market is expected to give Volkswagen’s ailing Seat a boost in sales volumes. VW’s Spanish arm, Seat, entered the Russian market earlier this year and the company expects ...
China’s June Sales Better Than Analysts’ Estimates
China’s auto market exceeded analysts’ expectations for the fourth consecutive month with increased sales in June. Multipurpose and sport utility vehicles’ sales were up 16% to 1.28 million units in June, ...
GM Focuses More on the Russian Auto Market
Although GM’s sales in Europe are continuously decreasing, it plans to more than double capacity at the St. Petersburg plant, to manufacture the new Opel Astra. “We’ve got to bring our ...
China Car Sales Expected to Climb 20% in 2014
Due to rising purchasing power, continued urbanization and government policy initiatives, passenger car sales in China are expected to increase 20% in 2014, from the expected 10% in 2012. Despite a ...
Ford Hopes Auto Market in Brazil to Recover by the End of 2012
Ford Motor hopes the auto market in Brazil to set a new record by the end of 2012 after the record-low interest rates and tax breaks revived the stagnant dealerships. Rogerio ...
Toyota China Sales in May Up 26% From a Year Earlier
Toyota Motor and its two JVs in China doubled sales in May to about 78,700 vehicles from a year earlier. From January until May, Toyota managed to sell 372,000 vehicles in ...
Italy Focuses on New Car Incentive Plan to Boost Sales
Facing its 5th annual decline, Italy focuses on a new car incentive plan which will boost sales in the auto market and stimulate the struggling economy. There are several factors that ...

latest automotive news
Sauber bosses missing in Monaco – report
May 24 (GMM/Inautonews.com) Both of Sauber's main team figures were missing in action on Thursday as Nico Hulkenberg and ...
Williams reverts to 2012 nose, wing in Monaco
May 24 (GMM/Inautonews.com) Williams is stepping back in time in a bid to cure the problems with its 2013 ...
Toro Rosso pair not ready for Red Bull – Berger
May 24 (GMM/Inautonews.com) Former team co-owner Gerhard Berger does not think Toro Rosso's current race drivers are ready to ...
Ecclestone tells Raikkonen to ditch Hunt tribute
May 24 (GMM/Inautonews.com) Kimi Raikkonen has reportedly been told to remove the depiction of 1976 world champion James Hunt ...
Toro Rosso’s Renault deal not yet ready – report
May 24 (GMM/Inautonews.com) The engine deal between Toro Rosso and Renault is reportedly not yet ready to be announced. Earlier ...
Pirelli issues F1 quit threat
May 24 (GMM/Inautonews.com) Pirelli has for the first time indicated it could quit formula one. On the one hand, the ...
Ferrari are the bad losers – Horner
May 24 (GMM/Inautonews.com) Christian Horner has issued a feisty counter-punch, after Fernando Alonso suggested Red Bull were bad losers. Ferrari's ...
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May 24 (GMM/Inautonews.com) Mark Webber's future at Red Bull is clouded, according to F1 chief executive Bernie Ecclestone. It is ...
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Rosberg on course for Monaco win – Wurz
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GM to Build Four New Plants in China by 2015
GM plans to build four new plants in China by 2015, according to Nanfang Daily newspaper. GM recently announced that it ...
Toyota Might Be the First Automaker to Surpass the 10 Millionth Annual Sales
Toyota increased the global production target for the Toyota and Lexus vehicles in the April-September period by about 150,000 units, ...
Williams could switch to Mercedes power – report
May 23 (GMM/Inautonews.com) Williams could switch to Mercedes power, Germany's Auto Motor und Sport is reporting. Currently, the British team ...
Force India to veto Pirelli tyre tweaks
May 23 (GMM/Inautonews.com) Force India will oppose any move to alter Pirelli's existing 2013 tyres. It has emerged in the ...
Official: Maserati won’t produce LaFerrari-based supercar
The Italian based automaker Maserati has recently put a stop to rumors which were saying that the company will produce ...
Mitsubishi Attrage might end up in the United States
The Japanese based automaker Mitsubishi might bring the new Attrage to the United States in the future. After it was officially ...
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Recall roundup: Cadillac SRX for wheels coming off
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