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UK: car output could miss forecast on slow exports


According to the latest prediction coming from the Society of Motor Manufacturers and Traders (SMMT), British automotive production might miss its early forecast of full-year production total of 1.59 million units. The SMMT decided to come back and rethink the full-year goal because of slowing car exports as overseas demand has weakened from the start of the year. According to the ...
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More demand articles

US: gas prices drop, so does alternative vehicle sales
With average nationwide gasoline prices now hovering below the $3 a gallon mark for the first time in years, US buyers are reverting to their old habit of shopping pickup ...
Tesla announces third-quarter loss but the stock rises on future promises
The California-based electric car company had an adjusted profit of 2 cents per share, but the company still posted a $75 million net loss and decided to trim down its ...
US: eco vehicles impacted by declining gasoline prices
Many people opt for the pricier alternative-fuel vehicles to also benefit from the lower fuel consumption, not just to save the planet. But now, as gas prices are dropping everywhere ...
US demand brings production constraints at Hyundai
According to the Hyundai US unit boss, Dave Zuchowski, the insatiable customer demand for the South Korean’s crossover models has led to the absolute need to build a new assembly ...
US: Chevrolet hopes to spur sales with new pickup editions
Chevrolet just introduced the latest Rally special editions for its full-size Silverado pickup. The brand hopes the new introduction can broaden the appeal of the truck – as pickups have ...
Russia: auto sales fall sped up by new economic sanctions
The country’s new car market, once mulled to dethrone Europe’s No.1 – Germany – has been hit by economic weakness, dwindling consumer confidence and now harsh sanctions from both the ...
China: GM shifts strategy to cater for larger family cars demand
The central government in Beijing is almost ready to relax its long running one-child policy, and automakers in the country are swiftly moving to take advantage of the rising demand ...
SRT Viper production stopped due to weak demand
Chrysler has stopped the production of the new SRT Viper recently because of the weak demand for the sports car. The SRT Viper isn’t really favored by Americans while its main ...
BMW says i8 production overrun by demand
BMW, which has triggered the attack of its “i” sub-brand to snatch customers that want environmentally conscious vehicles, now says its second model in the line the i8 is met ...

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