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European Auto Sales Up in April for the First Time in 19 Months


Auto sales in Europe increased 1.8% in April, the first gain in the past 19 months, due to a gain in consumer confidence in Spain and Germany. Last month new vehicle registrations were up 1.8% to 1.08 million vehicles, compared with 1.06 million vehicles during the same month last year. Sales during the first four months of the year dropped 7% ...
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Dacia planning Duster Extreme Edition for Europe
The Romanian based automaker Dacia is planning to offer the so-called Duster Extreme Edition on the Old Continent. Dacia has officially pulled the wraps off the Duster Adventure Edition, a couple ...
Nissan Still Sees Income Increase Despite Europe Tough Situation
Nissan predicts that net income will increase 22.6% during this financial year due to overseas profits which come at more profitable rates due to the weakening yen. Renault and Nissan CEO ...
Ghosn Sees Record Global Retail Sales for Nissan and Tough Year in Europe
Nissan-Renault CEO Carlos Ghosn said he expects Nissan to reach a record global retail sales year, but also sees another tough year in Europe. "I think 2013 is going to be ...
Positive April Expected to End 18-Month Sales Slump in Europe
Analysts predict that the 18 consecutive months of decline in Europe, will end with this April’s rebound in Germany and strong auto sales in the UK. LMC Automotive predicts sales in ...
BMW Considers EU CO2 Emissions Standards ‘Impossible to Meet’
BMW believes that the European Unions CO2 emissions standards for 2020 are too strict. BMW chairman Norbert Reithofer says that the EU’s standards, which means an improvement of around 30% over ...
Audi Plans Aggressive Global Expansion
Audi plans an aggressive global expansion, including building plants in the US and Brazil. Audi AG CEO Rupert Stadler said after breaking ground to the new plant in Mexico that this ...
Kia Europe President Sees Growth This Year in the Region Despite Economic Conditions
Kia Europe President Brandon Yea says that the automaker will continue to grow in the region this year despite economic crisis. The South Korean automaker keeps its target of reaching annual ...
Mercedes-Benz Reported April Sales Up 11.7%
Mercedes-Benz reported April sales up 11.7% to 116,566 units. Since the beginning of the year Mercedes-Benz sold 441,464 units, up 5.6% compared with the same period last year, due to strong ...
BMW CEO Believed Europe Needs Five More Years to Overcome Debt Crisis
BMW CEO Norbert Reithofer said that it will take at least five more years for the European governments to overcome the debt crisis in the region. "I don't think that's a ...

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