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Toyota extends US production cuts due to parts shortage
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Toyota Motors has announced plans to extend its production cuts in North America as it continues to face a shortfall in supply of parts. Toyota said it will cut production at its North American plants by 70% from 26 April to 3 June. Car manufacturers...
China's car sales rise 6.5% in March as market rebounds
China's auto market rebounded in March as car sales rose by 6.5%, compared with the same month a year ago. New passenger car sales stood at 1.35m, according to the latest data by the China Association of Automobile Manufacturers (CAAM). That marks a...
Audi profits double on strong China and US sales
German carmaker Audi has reported a sharp rise in profits for 2010 thanks in part to a strong growth in sales of luxury cars in China and the US. Net profit for the year came in at 2.59bn euros ($3.61bn; £2.23bn), up by 50% on the 1.3bn euros the...
U.S. hybrid vehicle sales jump 49 percent
U.S. sales of new hybrid cars jumped 49 percent in the year's first seven months, due in part to a Midwest sales boom, an auto information company said Monday. Midwest hybrid sales soared 57 percent, with the Toyota Prius and hybrid version of the...
European car sales jump as Japanese brand gain ground
Brussels (dpa) - European car registrations jumped 3.9 per cent in November compared to the same month last year, the European Car Industry Association (ACEA) said Friday, lead by soaring sales in Germany and with key Japanese auto brands continuing to...
Germany leads jump in European car sales
Brussels (dpa) - European car sales jumped 3.9 per cent in November compared to the same month last year, the European Car Industry Association (ACEA) said Friday, underpinned by soaring sales in Germany. The 18.1 per cent rise in car sales in Germany...
