Sales figures

Japanese Earthquake Triggers Surge in Car Prices as Supply Tightens

Dealers and analysts report price hikes on Japanese-built cars and used vehicles after the 2011 earthquake, with some models rising up to 11%.

Saab’s Bankruptcy Leaves Future Uncertain as Buyer Search Drags On

Saab Automobile’s December 2011 bankruptcy followed failed rescue efforts and leaves thousands of jobs and the fate of its assets in limbo while administrators seek a buyer.

Dodge Challenger outsells Mustang and Camaro in June US sales

Dodge Challenger surpassed both Ford Mustang and Chevrolet Camaro in June 2017 US sales, marking a rare monthly win for the long-running coupe.

Budget Car Owners Report Higher Satisfaction Than Luxury Buyers, Study Shows

The 2017 Auto Express Driver Power survey found Skoda and Kia owners reported higher satisfaction than many luxury brand drivers, with mainstream models topping the rankings.

Volkswagen targets one million EV sales and SUV expansion by 2025

Volkswagen aims to deliver at least one million electric vehicles annually by 2025 and expand its SUV line-up to 19 models as part of a major strategic shift.

Volkswagen Scirocco and Beetle Face Retirement as VW Cuts Costs

Volkswagen is considering ending production of the Scirocco and Beetle as part of a cost-cutting drive following the Dieselgate scandal, citing poor sales and an ageing line-up.

Volkswagen backs European CNG expansion with filling station push

Volkswagen has committed to growing the compressed natural gas market in Europe, aiming to double filling stations and boost CNG vehicle numbers by 2025.

Toyota marks four million UK-built cars with Auris Hybrid

Toyota's Burnaston plant produced its four millionth UK-built vehicle, an Auris Hybrid Excel, as the company highlights its British manufacturing milestone.

Automakers Hike UK Prices After Brexit Hits Pound

Ford, Vauxhall, Nissan and Peugeot have raised UK car prices by up to two percent as the pound’s post-Brexit slump increases costs for manufacturers.

Daimler Q2 2016 earnings beat expectations despite recall costs

Daimler posted €3.97bn in adjusted EBIT for Q2 2016, outpacing forecasts even as recall and legal costs weighed on results, with vans and financial services driving gains.

Volkswagen Faces Possible Sales Ban in South Korea Amid Emissions Scandal

South Korea’s environment ministry is considering revoking certification for 32 Volkswagen Group models, a move that could halt all VW sales in the country this month.

GM Share Price Surpasses 2010 IPO Mark for First Time Since 2011

General Motors shares closed above their $33 IPO price for the first time in over two years, a move that could help the U.S. Treasury reduce losses from its bailout stake.

Kia Surpasses Premium Rivals in 2016 JD Power Initial Quality Study

Kia has claimed the top spot in JD Power’s 2016 Initial Quality Study, outscoring traditional premium brands and marking a notable shift in industry rankings.

Mitsubishi projects $2bn annual loss after fuel economy scandal

Mitsubishi expects a 100 billion yen extraordinary loss and a sharp fall in domestic sales for the 2016 financial year following its fuel economy data manipulation.

BMW identifies Vietnam as fastest-growing market in Southeast Asia

BMW Group Asia expects its Vietnam sales to increase 30 to 40 percent by 2017, citing rapid economic growth and rising demand for premium cars.

Mercedes-Benz Edges BMW and Audi in April US Sales

Mercedes-Benz led the US luxury market in April 2018, narrowly outselling BMW and maintaining its year-to-date advantage, while Audi posted global gains driven by China and the US.

Saudi Prince Alwaleed Invests $500 Million in General Motors IPO

Prince Alwaleed bin Talal’s Kingdom Holding took a 1% stake in GM during its 2010 public offering, citing global brand strength and growth potential in emerging markets.

GM China March sales rise 2% as Cadillac and Chevrolet surge

General Motors and its Chinese joint ventures delivered 352,346 vehicles in March 2018, with Cadillac and Chevrolet leading the growth and first-quarter sales up 8%.

Chrysler CEO Says $3 Billion Profit Target Within Reach for 2012

Sergio Marchionne reports Chrysler has already sold over 1.23 million vehicles in the first half of 2012, putting the company on track for a $3 billion annual profit.

Toyota Sets 5,000–10,000 Annual Fuel Cell Sales as Initial Target

Toyota identified annual sales of 5,000 to 10,000 fuel cell vehicles as a healthy benchmark for the early years of its hydrogen-powered car programme, aiming to scale up production as costs fall.

Norway Targets 2025 Ban on New Petrol and Diesel Car Sales

Norway’s main political parties have backed a proposal to end sales of new petrol and diesel cars by 2025, aiming to accelerate the country’s shift to electric vehicles.

Russia Overtakes Germany as Europe’s Biggest Car Market, Twice

Russia first surpassed Germany in new car sales in 2008 and briefly reclaimed second place in August 2026, but experts caution the latest leap is unlikely to last.

Mitsubishi to Offer Compensation After Fuel Economy Scandal

Mitsubishi will compensate Japanese mini-car owners affected by manipulated fuel economy figures, with Nissan customers also covered as part of the arrangement.

Tesla accelerates target to 500,000 cars by 2018

Tesla has advanced its production goal by two years, now aiming to build 500,000 vehicles in 2018, driven by strong demand for the Model 3.