U.S. new-vehicle sales are projected to rise 16 percent this month as the industry gains strength entering the second half of the year, according to a forecast released today by LMC Automotive.
Jul. 22 , 2013Gasgoo.com (Shanghai July 19) - Ever since Geely's acquisition of Volvo, there has been a race among Chinese own brand manufacturers to purchase foreign automotive enterprises. The most recent target is failing US electric vehicle manufacturer Fisker, which is currently searching for a buyer.
Jul. 19 , 2013Gasgoo.com (Shanghai July 19) - Guangzhou Automobile Group and Honda Motor have officially reached and signed an agreement regarding the manufacture of Acura vehicles in China. According to the agreement, both parties will aim to produce Acura brand vehicles via the Guangqi Honda joint venture by 2016. GAC and Honda have yet to reveal which Acura models will be among those domestically manufactured.
Jul. 19 , 2013Ford Motor Co. says it will make software tweaks to improve the real-world fuel economy of its 2013-model hybrids.
Jul. 18 , 2013General Motors Co. sold 4.85 million vehicles around the world in the first half of 2013, a 3.9% increase from the same period a year ago as gains in North America and China helped offset softness in Europe and South America.
Jul. 18 , 2013