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Hyundai and Kia says 2014 global sales could be larger than expected


The South Korean automakers jointly said they increased the overall goal for worldwide sales in 2014, expecting to deliver at least 8 million vehicles across all markets. Both Hyundai Motor and Kia Motors forecast the rise to allow them to sell more than 8 million units, as the anticipated record-high China registrations would allow them to thoroughly surpass a lower increase ...
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Indonesia: increased fuel prices could slow down new car sales
Southeast Asia's largest auto market was increasingly growing its quota of new car sales as the country is in the process of switching from two to four-wheel vehicles. But now the ...
China: FCA pushes for deeper local joint venture
Fiat Chrysler Automobiles NV, the seventh-largest automaker in the world has been working hard to push its brands in China, the world’s biggest auto market. Now, the carmaker and local automaker ...
BMW could increase i8 production because of high demand
The world’s largest luxury automaker may soon be forced to increase production output for its range-topping hybrid sports car – i8 – because the company has seen rising waiting lists ...
China: BMW CEO forecasts lower margins with higher sales
The chief of the German company’s China business foresees earnings from profit margins could take a hit because the luxury automaker is increasingly localizing production in the world’s largest auto ...
US: Fiat expects great sales from new small crossover
Unveiled this autumn during the Paris Motor Show, the latest model from the Italian brand – the Fiat 500X crossover has crossed the ocean to have its US premiere during ...
European auto recovery still vulnerable to economy headwinds
New car sales across the continent have grown 6.2% in October, but the recent recovery has continued to be supported by demand increases triggered by boosted incentive programs. The previously recession-hit ...
China: VW ascension expected to slow down to 10% in 2014
Volkswagen AG counts on China to remain its primary worldwide market, but due to a conservative strategy that imposed more limitations on the local capacity growth, sales in the country ...
GM is an investor opportunity: still fighting recalls but sales continue to go up
Relatively speaking, General Motors could be today the best bet for getting new stock in the auto industry: the record recalls could be over soon, sales are going up and ...
Russia: Volkswagen ready to drop Seat sales from 2015
The economic downturn, the weakening local currency and the ongoing political tensions have eroded consumer confidence and demand in Russia, prompting German carmaker Volkswagen AG to stop selling the Seat ...

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