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Volkswagen’s core brand sees declining January sales


The German automaker, the second largest in the world currently, seems to be bracing itself for a troublesome year, following reports on the January sales at its namesake brand – the biggest by sales and revenue. The challenges ahead for 2015 have already been set in motion since the first month, with the Volkswagen passenger car brand saying the sales have ...
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US: Cadillac hits opposing sales hurdles
General Motors chief executive officer Mary Barra has envisioned a strategy to revive the ailing Cadillac brand, but the plan has now run into twin hurdles: how to lift dwindling ...
PwC forecasts Russian sales falling up to 35% this year
Russian new-car registrations are in a deep dive this year as well, with accounting firm PricewaterhouseCoopers forecasting that demand would be roughly 25 to 35 percent lower than last year. The ...
South Korea: Hyundai lowers the price of the Tucson fuel-cell variant
Hyundai Motor, the world’s fifth largest automaker when combined with affiliate Kia Motors, has announced its intention to cut the price of its fuel cell electric vehicle based on the ...
China: Volkswagen promises viable sales targets for its dealers
The world’s largest auto market and the second-biggest economy globally sees clouds gathering on the horizon, with forecasts of the slowest economical growth since 1990 and predictions that auto sales ...
Europe: Honda bids the Accord fair well
The third largest Japanese automaker – Honda Motor – has apparently decided to desert the European midsize segment, giving the axe to the well-known Accord nameplate that is due for ...
Kia’s fourth-quarter profit takes 54% dive on currency headwinds
South Korean automaker Kia saw its fourth quarter net profit tumble 54 percent because the company was dearly hit by the Russian rouble plunge – with the market being one ...
Hyundai sees fourth quarter profit sliding 19%
South Korea's largest automaker, Hyundai Motor, has missed analyst estimates after it reported its fourth consecutive quarterly profit drop, weighed down by the dreary economic situation in Russia and by ...
Toyota posts reserved sales forecast for 2015
Japan’s Toyota Motor Corp - the world’s largest automaker – has decided to offer a conservative prediction for its delivery target this year, with the company projecting sales could eventually ...
Russia: amid currency slump, Lada increases prices by 9%
AvtoVAZ, the Renault-Nissan controlled parent company of the country’s best selling brand – Lada – has announced that all cars of the automaker will have the prices increased by 9% ...

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