GM Sets New Sales Record in China for March and First Quarter
General Motors delivered 290,538 vehicles in China in March 2013, lifting first-quarter sales to a record 816,373 units as Buick, Wuling and Cadillac posted strong gains.
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General Motors delivered 290,538 vehicles in China in March 2013, lifting first-quarter sales to a record 816,373 units as Buick, Wuling and Cadillac posted strong gains.
Honda's CR-V finished 2012 as the world's best-selling SUV, with over 635,000 units sold, ahead of Hyundai's ix35 and Volkswagen's Tiguan.
Chrysler’s US sales rose 5% year-on-year in March 2013, with the Dodge Dart compact and Chrysler 200 leading the growth as the company outpaced analyst forecasts.
GM Korea’s chief executive has urged the South Korean government to intervene on currency policy, warning that the strong won is hurting automotive exports as rivals in Japan and China benefit from weaker currencies.
US car buyers aged 25 to 34 shifted towards Ford, GM and Chrysler in 2012, with Japanese brands losing ground and Korean marques making gains.
Porsche plans to expand its global dealership network from 750 to 1,000 outlets by 2018, focusing on growth in China and emerging markets with €200 million annual investment.
BMW Group delivered 133,630 BMW, MINI and Rolls-Royce vehicles globally in February 2013, marking a 4.7% rise over the previous year and setting a new monthly record.
The seventh-generation Volkswagen Golf took the top prize at the 2013 European Car of the Year awards in Geneva, beating rivals from Ford, Peugeot and Mercedes-Benz.
Growing sales for compact SUVs in Europe have prompted Toyota to consider local production of the RAV4, aiming to boost regional content and supply.
Ferrari has been named the world’s most powerful brand in the 2013 Global 500 survey, surpassing much larger carmakers and global corporations.
Proton is preparing a turnaround plan targeting a fivefold production increase and a major push into international markets, with Australia and Southeast Asia in its sights.
Dacia has produced its 400,000th Duster SUV at the Mioveni factory in Romania, less than three years after the model’s launch, with most output destined for Western Europe.
Both Mazda and Fuji Heavy Industries raised their annual profit targets for the 2012 fiscal year, citing the yen’s sharp depreciation as a key driver for export gains.
W Motors has announced over 100 orders for its $3.4m Lykan Hypersport following the car’s appearance at the 2013 Qatar Motor Show, despite a production run of just seven units.
General Motors will idle all three of its US full-size pickup plants for 10 weeks to manage a spike in unsold inventory ahead of launching redesigned Chevrolet Silverado and GMC Sierra models.
Dacia’s budget SUV has drawn more than 2,000 orders for its entry-level model and exceeded expectations for its 4x4 variant, pushing UK waiting times to five months.
Alfred Rieck has resigned as Opel's sales chief after less than a year, with Vauxhall's Duncan Aldred taking over the role on an interim basis.
Chrysler confirmed the 2013 SRT Viper will not be sold in Europe, focusing sales and marketing efforts on the US and Canadian markets for its relaunch.
Alan Mulally expressed disappointment over four recalls of the 2013 Escape, citing technical and manufacturing challenges as Ford ramped up production and introduced new engine technology.
Analysts expect Russia’s new car market to hold steady in 2013, following a record 2.94 million sales in 2012 as economic concerns weigh on consumer demand.
Audi aims to overtake BMW and Mercedes in US luxury sales, targeting 200,000 vehicles in 2013 after a record year and unveiling new RS7 Sportback and SQ5 models.
Mercedes-Benz Passenger Cars achieved its highest ever UK market share in 2012, registering over 91,000 vehicles and outpacing the national market growth rate.
New car registrations in Germany slipped to 3.08 million in 2012, with a sharp 16% drop in December highlighting the ongoing impact of the European debt crisis.
BMW's finance chief says strong demand in Asia and North America will help the group surpass its 2011 sales record, despite weak European markets.