Daimler AG's (DAIGn.DE) Mercedes-Benz will launch about 20 new or upgraded car models in China over the next two years, part of a broader turnaround effort aimed at reversing the brand's recent struggles in the world's biggest auto market.
Aug. 27 , 2013Volkswagen AG will start selling Friday a crossover version of its Polo subcompact hatchback in India as part of a program to extend the offerings under the Polo brand and boost the company's sales in the forthcoming festival season.
Aug. 27 , 2013With crowd dancers aside, Kazuhiro Kobayashi, new general manager of GAC Toyota, took off black suit to red causal polo. It happened at YARIS successor news conference, and hinted stable style GAC Toyota has changed for young generation.
Aug. 27 , 2013German auto supplier Continental AG is close to agreeing alliances with Google and IBM to develop autonomous driving systems for cars, a German newspaper reported today.
Aug. 26 , 2013"After the financial crisis in 2008, JAC sales market in 2009 and 2010 performed very well, so JAC set higher goals at that time. As market conditions change, we will revise the medium-term goals. The original sales target, 1.5 million vehicles which were set in the 'twelve-five' plan, will be adjusted down to 1 million units, and the sales volume was still 100 billion yuan." Jianghuai Automobile Company Limited ( hereinafter referred as JAC ) Technology Center product planning minister Zhang xinhuai told reporters.
Aug. 26 , 2013Subaru has a problem any auto maker would love to have. It's selling too many cars. Subaru-brand sales in the U.S. are up 27% in the first seven months of 2013, more than three times the market overall. The auto maker, owned by Fuji Heavy Industries Ltd., 7270.TO is on track for a sixth-straight year of sales gains, a period that includes the 2009 financial crisis that bankrupted two of Detroit's Big Three.
Aug. 23 , 2013