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Hyundai is recovering in China

Hyundai is recovering in China

Hyundai did not have a very optimistic year so far in China, but for the first time in seven months their sales are increasing. China is Hyundai’s largest market by volume, but this year was not a promising one for the company so far in terms of deliveries. Introducing the […]

India: Uber interest leads to vehicle sales increase

India: Uber interest leads to vehicle sales increase

Uber Technologies Inc., the well-known car-hailing service provider, has been treated as a major threat to the automotive industry as it lures consumers to shun new vehicle purchases. But in India the service’s popularity has actually worked the other way around. For example, Maruti Suzuki India Ltd., the nation’s largest […]

Nissan announces quarterly profit had strong jump

Nissan announces quarterly profit had strong jump

Japan’s second largest automaker announced Wednesday its first quarter operating profit jumped 58 percent, backed by increased demand for its models in the United States and China. The company, which discussed the earnings of the first quarter of the current fiscal year, announced its operating profit for the period between […]

US: the principles behind the crossover surge

US: the principles behind the crossover surge

After the first six months of the year, across the surging and healthy US auto market, the traditionally largest segment, midsize passenger cars, are down 3.4 percent. That’s because consumers are dropping their usual sedan purchase in favor of a crossover, SUV or pickup truck. Why? According to industry experts, […]