Category: car market
Supercar builder back in the specialty-car market as lawsuits proliferate over U.S. distribution of Chinese vehicles
Luxury car companies like Lexus, BMW, and Mercedes-Benz has introduced a new word or phrase into the lexicon of the used car market -- Certified or Pre-Owned.
Transport Statistics indicate that new car registrations in Taiwan have declined over 30 per cent in two years, a clear sign that the country's car market is continuing to shrink as a possible result of soaring global oil prices, according to a press report issued Saturday by the Taipei City Motor Vehicles Office.
Statistics indicate that new car registrations in Taiwan have declined over 30 per cent in two years, a clear sign that the country's car market is continuing to shrink as a possible result of soaring global oil prices, according to a press report issued Saturday by the Taipei City Motor Vehicles Office.
Volkswagen premium unit Audi, for years an also-ran in the U.S. car market, has poached Porsche's top executive in North America to serve as new head of sales and marketing, sources familiar with the situation told Reuters today.
The U.S. car market got pummeled in 2007, and most predict it will worsen in 2008. Yet Japanese automakers are remarkably upbeat amid the gloom and doom.
Across India, auto plants are ramping up to meet demand in a car market growing at a 15 percent annual rate. In 2008, manufacturers will add more than 500,000 units of new capacity for cars.
Perhaps pushed on by Tata Motors’ recent introduction of the Nano, a $2,500 car now being sold in India, Leftlane News reports that General Motors may also jump into the emerging car market with its own version of...
