Renault’s Third-Quarter Revenue Drops 6%

October 23, 2018 at 2:09 AM

Slumping demand in emerging markets caused Renault SA’s revenue to shrink 6% to €11.5 billion ($13.2 billion) in the third quarter.

LMC: Modest Global Growth Ahead for Car Sales

October 19, 2018 at 1:54 AM

The global car maker will total about 95 million units in 2018, up only 1% from the previous year, when sales rose 3%, says LMC Automotive.

VW Offers €8,000 Incentives to Diesel Owners in Germany

October 18, 2018 at 11:48 AM

Volkswagen AG’s VW brand is offering diesel owners throughout Germany “environmental” incentives worth as much as €8,000 ($9,200) to trade in their old cars for cleaner models.

Europe's Car Sales Plummet 23%

October 17, 2018 at 2:28 AM

The European auto industry’s switch to the new WLTP emissions protocol last month caused new-car registrations in September to plunge 23% to 1.12 million units.

GM Rolls Out Extended-Warranty Offer

October 15, 2018 at 10:41 AM

General Motors Co. is offering optional extended-warranty coverage on its Cadillac, Chevrolet, Buick and GMC brand vehicles in the U.S.

Minicar Sales Slump in S. Korea

October 15, 2018 at 12:31 AM

Sales of minicars in South Korea sagged in September to a 10-year-low of 8,600 units, according to domestic producers.

China’s Car Sales Plunge 12%

October 12, 2018 at 2:52 PM

Wholesales of new cars in China dropped 12% to 2.39 million units in September, marking the sharpest monthly decline in nearly seven years.

Car Sales Fall Again in India

October 12, 2018 at 2:08 PM

India’s wholesales of cars and light-duty trucks shrank year-on-year in September for the third consecutive month, according to the Society of Indian Automobile Manufacturers.

Tesla Model 3 Sales Top 100,000 Units

October 12, 2018 at 1:07 PM

Tesla Inc. has produced more than 100,000 of its Model 3 electric sedans since the car went into production last year, Bloomberg News estimates.

Global Car Sales Drop 9%

October 12, 2018 at 12:56 PM

Worldwide sales of light-duty vehicles shrank 9% to 7.89 million units last month, according to LMC Automotive.

Chinese Dealers Call for Tax Cuts to Boost Car Sales

October 11, 2018 at 11:40 AM

China should cut its tax on new cars by 50% to help revive demand, says the China Automobile Dealers Assn.

VW Brand Sales Drop 18%

October 10, 2018 at 12:00 AM

Global sales by Volkswagen Group’s VW brand shrank 18% in September, mainly because of Europe’s changeover to a new emission certification system.