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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, […]

UK production slows in April amid lower export quota

UK production slows in April amid lower export quota

Great Britain’s automotive production output dipped modestly last month n regard to the same period last year, with increased sales on the local market unable to compensate a drop in exports. According to the UK industry body, the Society of Motor Manufacturers and Traders (SMMT), manufacturing dropped 3.8 percent to […]

US: automakers expected to post stronger growth in April

US: automakers expected to post stronger growth in April

According to the latest forecasts, automakers are expected to regain momentum this month after sluggish performances in March, with the industry making up the lost momentum triggered by the harsh winter end. New market forecasts coming from J.D. Power and LMC Automotive put the consumer demand at its highest rate […]

Europe: plug in hybrids gain momentum

Europe: plug in hybrids gain momentum

When it comes to electrics, owning a plug-in hybrid might bring you the best of both worlds – emissions free driving inside the city for shorter commutes and all the power and range of a traditional powertrain when going for a long trip. The consumers are quickly seeing the advantages […]