Caterham Seven to Enter Chinese Market in 2012
Caterham Cars has signed an agreement with Courtenay Trading International to sell the Seven in China, targeting 30 to 50 units in the first year.
Coverage tagged Sales figures.
Page 12 of 13
Caterham Cars has signed an agreement with Courtenay Trading International to sell the Seven in China, targeting 30 to 50 units in the first year.
Nissan's all-electric Leaf outsold the Chevrolet Volt in the first half of 2011, with 3,875 units to the Volt's 2,745, as supply constraints and price differences shaped the early EV market.
The average price of a new car in the UK rose by just £47 in May 2011, while overall registrations fell 1.7% compared to the previous year.
India’s car market is forecast to reach 11 million annual sales by 2020, putting it behind only China and the US, according to a JD Power report.
Registrations fell for the tenth consecutive month, with small cars hit hardest as the market adjusts to the end of scrappage incentives.
Standard & Poor’s has revised its outlook to negative for Toyota, Honda, Nissan and three major suppliers, citing ongoing production stoppages following Japan’s 2011 earthquake and tsunami.
Ferrari delivered 6,573 cars in 2010, a 5.4% increase over 2009, driven by strong growth in China, a rebound in the US and continued demand for new models.
From the supercharged Hennessey VelociRaptor 500 to the rugged Jeep Wrangler Black Ops, 2011’s standout trucks combine brute force with specialist features for demanding buyers.
China’s finance ministry confirms the 10% sales tax will return for cars with engines 1.6 litres or smaller, ending the stimulus that helped drive record growth.
Passenger car sales in China rose 59.3% year-on-year in August 2010, with nearly one million vehicles sold as discounts and strong demand drove the market.
Chevrolet’s sales in China reached 218,951 units in the first half of 2010, making it the brand’s third largest market after the US and Brazil.
Volkswagen’s Portuguese plant has produced the 100,000th third-generation Scirocco, marking a key milestone for the revived coupé just two years after its reintroduction.
ANFAC reports Spanish new car registrations dropped nearly 50 percent in July 2010, prompting urgent calls for government intervention as dealerships brace for job losses.
Ford set a production limit of 5,500 units for the 2011 Shelby GT500, with strong demand and a high uptake of the SVT Performance package shaping the model's market impact.
The second-generation Porsche Cayenne drew 16,000 global orders within its first month on sale, with strong demand for the new S Hybrid and a notable UK showing.
The Russian carmaker posted a net profit of 1 billion rubles in the second quarter of 2010, reversing a long period of heavy losses and production decline.
Passenger car and van output across the EU climbed sharply in early 2010 compared to the previous year’s slump, but volumes remained well below pre-crisis levels.
Harley-Davidson’s Chinese sales doubled in 2009, making China the company’s fastest-growing market and prompting plans for four more dealerships and new models tailored to local demand.
Lexus scaled back annual sales targets for the HS 250h after demand fell well short of expectations in the US, with just 14,000 units forecast for 2010.
Daimler’s Maybach brand has refreshed its 57 and 62 luxury saloons for 2011, adding subtle exterior changes, new interior options and a modest increase in power for the S models.
Ford’s SYNC infotainment system has been installed in over two million vehicles since its 2007 launch, as the company expands features and tracks its impact on resale value.
Skoda Auto will cut daily Octavia production from 574 to 441 units from March, responding to weaker sales after Germany ended its car-scrapping scheme.
Volkswagen Group of America is investing $125 million to establish flagship Audi and Volkswagen dealerships on Manhattan’s 11th Avenue, aiming to boost its US market presence from 2010.
Audi targets 30,000 vehicle sales in Russia by 2015, banking on a market rebound despite a sharp downturn and expanding its presence among premium brands.