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Tag Archives: market

U.S. Gov’t, Congress Leaders Call for Revision of FTA…

were, in some people’s minds, just the unacceptable disparity in market access for autos.’ He said imported cars account for less than 10 percent of the Korean auto market, adding that it is hard to accept the fact that Korea sells about 790,000 autos in

VW profit jumps on China, U.S. sales

Audi A6) and the USA. Sales in China, its largest market, jumped 46% in the quarter 950,729 cars, while its car market share there held at 17.9%. U.S. sales are much smaller, but were up 29% to 175,323 vehicles, boosting market share from 2.8%

Peugeot Citroen returns to profit in first half

the first half of 2010, beating market expectations and boosting its outlook, thanks to strong demand for new cars in China and a raft of new models

Commission sales gear up

Beijingers find new way to sell and buy autos Beijingers now have the option of selling their old cars or looking for used autos in consignment stores after some outlets started dealing in secondhand cars in a bid to tap into the city’s huge market.

US Steel 2Q loss narrows; sees 3Q profit

orders from spot market customers. The company, which makes steel products for use in everything from appliances to cars, said Tuesday it posted a loss of $25 million, or 17 cents per share. That compares with a loss of $392 million, or $2.92 per share,

McLaren Automotive provides cheer to the UK car…

175,000. McLaren is constructing a new plant alongside its McLaren Technology Centre in Woking to build the cars. It will create 300 jobs and produce 1,000 cars in its first year, representing 2pc to 3pc of the sports-car market, before manufacturing is

China’s expanding auto production triggers overcapacity…

market capacity. As China’s economy continues to expand, more Chinese people are expecting to have their own cars,” Yan said.China became the world’s largest auto market as it sold more than 13 million vehicles last year, and the market kept rapidly

Chrysler reintroduces products in Indonesia

system related to sales and after-sales service. MacKenzie believed that Indonesia’s big automotive market in which American cars once were victorious with product of Jeep, will make easier for the company to come back to this market. ‘American car

Lack of customers drives down price of used vehicles

least September. While some experts think the market will pick up again in the fall, others say secondhand cars may be selling for reduced prices for the next two to three years. “Almost all types of secondhand cars are cheaper right now, from high-end

Ford, General Motors Top Imports in ‘Appeal’

to win their segments in vehicle appeal and last months initial quality survey, J.D. Power said. GM cars won three segments, and the Detroit-based automakers Buick brand was the highest-rated mass-market nameplate in the overall rankings. The Camaro won