Volvo AB’s construction-equipment unit, the world’s third-largest maker of wheel loaders and excavators, sees no recovery in sight in southern Europe, chief Patrick Olney said. “I don’t see any signs” of improvement in the construction markets in Spain, Portugal, Italy or Greece, Olney said in a phone interview yesterday. “The market collapsed in 2009 and [...]
Volvo Construction Chief Sees No Southern Europe Market Recovery
Thursday, May 31st, 2012Rogue is Nissan’s best-selling SUV
Thursday, May 24th, 2012Americans still love riding high above the ground in their vehicles but have been opting for smaller sport utility vehicles to save on gasoline costs. No wonder, then, that sales of the Nissan Rogue were up 25.1 percent last year from the calendar year before — to 124,543 — and they’re up another 12.4 percent [...]
Mercedes-Benz G-Class To Live Through 2015–And Beyond?
Tuesday, May 22nd, 2012It’s the favored sound bite of legions of Monty Python fans, and it also could be the battle cry for the Mercedes-Benz G-Class, now returning to the U.S. lineup again for the 2013 model year after a second close call with death. The G-Class is “the founding father of the Mercedes-Benz SUV family,” says model [...]
Nissan to Expand Datsun to Middle East, Latin America
Monday, May 21st, 2012Nissan Motor Co., Japan’s second- biggest carmaker, plans to expand sales of its low-end Datsun brand to the Middle East, Africa, and Latin America, Chief Executive Officer Carlos Ghosn said. The company plans to sell Datsun cars in those regions after introducing them in Indonesia, India and Russia starting in 2014, Ghosn said in a [...]
2013 Nissan Altima Production Begins
Sunday, May 20th, 2012The 2013 Nissan Altima rolled off the line in Smyrna, Tennessee on May 15. The Altima has been in production for 20 years, with Nissan selling 4.4 million models in total. Some of the stand-out features in the 2013 Altima are “zero gravity” seats inspired by NASA, something called “Advanced Drive Assist Display” that serves [...]
General Motors Co will not advertise in next year’s Super Bowl
Friday, May 18th, 2012Buried within the news about the launch of the 2013 Nissan Altima, Nissan confirmed that it’s preparing an all-new version of its Rogue compact crossover that will arrive next year. We don’t know much beyond that, but we expect the model to be heavily influenced by the Hi-Cross concept shown at the 2012 Geneva Motor [...]
GM passes on running TV ads during 2013 Super Bowl
Friday, May 18th, 2012The 2013 Super Bowl will be broadcast by CBS Corp, which is selling 30-second ads for as much as $4 million. Spots on NBC’s broadcast of this year’s National Football League championship game, the most heavily watched annual event on U.S. television, cost about $3.5 million per 30-second spot. NBC is majority-owned by Comcast Corp. [...]
Ford’s C-Max hybrid will start at $25,995
Thursday, May 17th, 2012Ford has started taking orders for the all-new C-Max hybrid that will start at $25,995. Ford said that is $500 less than a competitor, the Toyota Prius V wagon. The C-Max is a 5-passenger crossover that looks like a small minivan but with conventional doors. It is Ford’s first dedicated hybrid vehicle line. The hybrid [...]
Infiniti FX focuses on performance
Thursday, May 17th, 2012In the premium crossover segment, the Infiniti FX stands out as a rare commodity: a vehicle that’s just as much fun to drive as it is practical for everyday family-hauling duties. Crossovers are meant to be much more carlike than the traditional truck-style SUVs they’ve been replacing, but Infiniti has created a combination of SUV [...]
Hyundai uses monkeys to test car
Friday, May 11th, 2012Weird, but true: Hyundai recently loosed 40 baboons on the latest Hyundai i30 hatchback. The i30 shares most of its essentials with the Elantra, though it’s a hatchback in the case of the monkey-infested durability tester. Hyundai claims it’s the first test of its kind by a U.K. manufacturer, implying that some other manufacturers have [...]
Toyota plans aggressive recovery: Automaker aims to push hybrids, low-priced cars, new models
Thursday, May 10th, 2012Toyota Motor Corp. is aiming to cement its recent recovery by aggressively pushing new models, hybrids and low-priced cars in domestic and foreign markets. The auto giant is also rehabilitating its domestic business, which experienced a decline in profits due to the high appreciation of the yen. On Thursday, Toyota revealed it expected a V-shaped [...]
Ford investors shower execs with praise at meeting
Thursday, May 10th, 2012Ford executives won rave reviews from stockholders Thursday during the shortest company shareholder meeting on record. Thursday’s meeting in Wilmington, Del., drew about 60 investors and lasted only 45 minutes. Much of it spent involved shareholders praising CEO Alan Mulally and Executive Chairman Bill Ford Jr. for the company’s turnaround. “You guys are doing a [...]
Nissan to outsource new Infiniti model to Magna
Thursday, May 10th, 2012LOS ANGELES – For the first time ever, Nissan Motor Co. will outsource production of one of its Infiniti models, contracting Canada’s Magna International Inc. to built a new model for the luxury brand, starting in 2014. The deal, announced separately by each company Thursday, involves Magna unit Magna Steyr building an entry-level Infiniti vehicle, [...]
General Motors reports lower profit
Thursday, May 3rd, 2012General Motors Co.posted lower profit in the first quarter but still did better than Wall Street expected based on the strength of U.S. auto sales. The automaker said it earned $1 billion, or 60 cents a share, in the quarter. That was a 69% drop from the $3.2 billion, or $1.77, GM earned in the [...]
Mazda Canada Announces Sales for April 2012
Tuesday, May 1st, 2012Mazda Canada today announced sales for April 2012. A total of 7,049 vehicles were sold, bringing the year to date total to 23,290. While April sales were down 7% from 2011, year to date sales continue to be positive, showing a 10% growth through the first four months of 2012. Sales were led by the [...]
Canadians spring into Toyota hybrids to power April 2012 sales
Tuesday, May 1st, 2012TCI recorded April sales of 18,732 Toyota, Lexus and Scion vehicle sales, a reduction of 3% over April 2011, which featured two more selling days. This month was also highlighted by a shift in consumer preference to cars and especially to hybrids, which recorded their best TCI hybrid market share ever. Toyota sales highlights for [...]
Les Canadiens adoptent les hybrides Toyota pour hausser les ventes d’avril 2012
Tuesday, May 1st, 2012TCI a enregistré 18 732 ventes de véhicules Toyota, Lexus et Scion, une baisse de 3 % par rapport à avril 2011, mois qui comprenait deux jours de vente de plus. Ce mois a en outre marqué un changement au niveau des préférences des consommateurs en faveur des voitures et particulièrement des modèles hybrides, lesquels [...]
Honda Canada Reports April Sales Results
Tuesday, May 1st, 2012Combined April sales of 12,800 units by the Honda and Acura divisions of Honda Canada Inc. represented a 4% increase over last year’s sales. The Honda Automobile Division reported March sales of 11,303 units, up 4% from last year, led by strong sales of Honda Civic (up 15%) and CR-V (up 6%). The Acura Division [...]
Kia Canada enregistre son meilleur mois de tous les temps et les meilleures ventes de l’industrie pour le 40e mois consécutif
Tuesday, May 1st, 2012Kia Canada Inc. (KCI) a réalisé son meilleur mois de tous les temps en avril en enregistrant des ventes totalisant 8 010 véhicules neufs vendus, ce qui représente une croissance de 18 % par rapport à avril 2011. Toutes les régions de part et d’autre du Canada continuent de réaliser des ventes records et d’enregistrer [...]
Hyundai attains 40 consecutive months of growth in April
Tuesday, May 1st, 2012Hyundai Auto Canada Corp. announced today that with record sales of 14,301 units in April, the company has now attained 40 consecutive months of year-over-year sales growth. On a year-to-date basis, sales have climbed by 5.6% to 43,632 units. “The consistency of our sales growth is a testament to Hyundai’s standing among the very best [...]