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Russia’s slowing sales may affect Renault’s recovery in Europe


Renault's plan to fix Europe sales may be undermined by slowing growth in Russia. The Russian car market is expected to slow and possibly decline this year, after three years of gains of more than 10 percent. This may affect Renault's efforts to offset slumping demand in Europe, according to a Bloomberg report. Renault was counting on growth in Russia after ...
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BMW, Mercedes-Benz and Audi to launch hatchbacks in India
After a bad reception in China, German luxury automakers plan to introduce their hatchback models to India. Audi, BMW and Mercedes-Benz will introduce their small cars in India starting this year, ...
Survey: Auto execs plan to increase investments in plants and distribution
More and more auto executives around the world say they are planning to increase investments in plants and distribution networks as fears of overcapacity decline. According to a survey released today ...
Forecasters expect the U.S. car market to reach 14 million in 2012
Forecasters expect higher auto sales in 2012 in the United States due to new products, rising employment, better credit availability, and the need to replace aging vehicles. Sales predictions from 11 ...

latest automotive news
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