Sales

VW: China’s Car Market May Remain Flat Well into 2019

November 16, 2018 at 2:17 PM

Demand for new cars in China, which has stalled this year, may not revive until next summer because of the China-U.S trade war, says Volkswagen AG’s head of China operations.

New-Car Sales Fall 7% in Europe

November 15, 2018 at 2:42 AM

Registrations of new passenger vehicles across Europe fell 7% to 1.12 million units in October as sales fell in all five major markets, says trade group ACEA.

Porsche Tops Sales Satisfaction in J.D. Power Study

November 14, 2018 at 5:29 PM

Porsche delivered the best customer buying experience among 32 brands measured in this year’s J.D. Power U.S. Sales Satisfaction Index.

France Hikes Scrappage Incentives

November 14, 2018 at 11:44 AM

France is doubling government credits to low-income citizens who scrap their older vehicles for newer and less-polluting models.

Chinese Carmaker Zotye Picks U.S. Distributor for SUV

November 13, 2018 at 11:01 AM

Chinese carmaker Zotye Automobile International Co. has selected a U.S. distributor to help it introduce, sell and service a low-cost crossover vehicle in the American market.

Car Market in India Hit by High Court Rulings

November 12, 2018 at 2:01 AM

India’s new-car market is being hurt by Supreme Court rulings that have tightened regulations on vehicle emissions and owner’s insurance, The Nikkei reports.

October Car Sales in China Fell 13%

November 08, 2018 at 9:41 AM

Retail sales of new passenger vehicles in China dropped 13% to 1.98 million units in October, marking the fifth consecutive month of year-on-year shrinkage, according to the China Passenger Car Assn.

Car Sales Rise 8% in Russia

November 07, 2018 at 12:10 PM

Retail sales of cars and light commercial vehicles in Russia rose 8% to 160,400 units in October, the Moscow-based Assn. of European Businesses reports.

Chinese Gov’t Warns of Car Market Slump

November 07, 2018 at 8:38 AM

A high-level Chinese official says China’s new-vehicle sales this year will drop below 30 million units this year and could trail last year’s 28.9 million total, Bloomberg News reports.

LMC Trims Sales Outlook for Western Europe

November 06, 2018 at 4:19 PM

New-car sales in western Europe are likely to total a downwardly revised 14.41 million vehicles in 2018, up only 110,000 units from last year’s total, says LMC Automotive.

Toyota May Trim Lineup in U.S.

November 06, 2018 at 11:08 AM

Toyota Motor Corp. says it is reviewing its product offerings in the U.S. and may eliminate slow-sellers to help bolster its profitability.

Most Googled Car Brand: Toyota

November 06, 2018 at 10:37 AM

Toyota was the most Google-searched car brand in one-third (57) of 171 countries tracked over the last year by U.K. insurance provider Veygo, which is part of the Admiral Group.