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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 would only match last-year’s increase. Last year’s auto deliveries showed signs of growing weak, climbing just 6.9% from the figures tallied back in 2013, when the increase was double at 14 ...
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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% ...
US: average fuel economy drops to 25.1 mpg in December
Thanks to plunging gasoline prices, in some states averaging below $2 a gallon these days, US consumers have spurred demand for the traditional gas-guzzling category: pickup trucks, SUVs and crossovers. Naturally, ...
US: gas users celebrate, diesel adopters feel unlucky
Just as national average gas prices are hovering now in the $2.40 a gallon area, those depending on diesel have little to no motif to rejoice: they are shedding on ...
US: Detroit is gearing up for NAIAS with gas dropping below $2 a gallon
For the first time since March 2009, gas prices in Michigan, the home state of Detroit – the motoring capital of America – has dropped below the $2 a gallon ...
Price of U.S. gas reaches under $2.50 a gallon
U.S. drivers are paying less than 2.50 dollars a gallon at the gasoline pump for the first time in more than 5 years. Retail gasoline averaged 2.477 dollars a gallon ...

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