Post Tagged with: "growth"

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US: automakers need to brace for decreasing demand

US: automakers need to brace for decreasing demand

The US auto sales last month rose 4.6 percent to a total of almost 1,455,000 units, with an annually adjusted industry rate – or SAAR – of 16.45 million autos. The figures were below expectations, signaling harder times are ahead for the carmakers competing on the world’s second largest auto […]

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 […]

Europe: market turnaround gains pace in March

Europe: market turnaround gains pace in March

Europe’s auto-market is finally a rapidly rising recovery, with industry data published for the month of March showing mass-market car brands riding the upturn wave and affordable marquees loosing steam. According to figures coming from the Brussels-based Association of European Carmakers, new vehicle registrations last month jumped 10.8 percent to […]

France’s Valeo mulling acquisitions to strengthen position

France’s Valeo mulling acquisitions to strengthen position

According to the French car parts maker’s chief executive officer, Valeo is currently open to supplier purchases as it strives to strengthen its product lines in such segments as fuel efficiency and autonomous driving. The suppliers are today at the forefront of innovation, being the main supporters of the automakers […]

NAFTA: Mexican auto output and exports surge in January

NAFTA: Mexican auto output and exports surge in January

Mexico saw both automotive production and related exports on the rise last month, with record levels for January – according to the Mexican Auto Industry Association. The industry body said the record levels for both auto production and car exports tallied last month were mostly due to surging demand from […]