U.S. Auto Industry October 2008 Sales By Auto Groups
Nov 3, 2008; Reuters reported that the following are U.S. sales and market shares of cars and light trucks listed by auto groups and their wholly owned subsidiaries for October versus the same year-earlier month and for the year-to-date. Percent changes are based on the daily sales rate. ... Continue reading
2008 Top-20 Selling Vehicles in U.S. Through October
Detroit November 3, 2008; Reuters reported the 20 top-selling vehicles in the U.S. through October of 2008 as reported by the automakers. Total sales of the top 20 vehicles fell 9 percent or -437,401 units to 4,443,849. Following is a list of the top-20 selling vehicles, ranked by total units. ... Continue reading
American Suzuki October 2008 Sales
BREA, Calif.--American Suzuki Motor Corporation: October CYTD 2008 2007 % Change 2008 2007 % Change GRAND VITARA: 689 1,406 -51 % 11,073 17,116 -35 % XL7: 296 1,494 -80 % 19,951 19,846 1 % SX4: 1,839 1,212 52 % 27,104 11,287 140 % FORENZA/RENO: 657 2,363 -72 % 19,782 37,983 -48 % OTHER 1 61 -98 % 3 311 -99 % TOTAL: 3,4 ... Continue reading
2008 Saab 9-3 Turbo X Sport Sedan Review
By Mark Gordon Rocky Mountain Bureau The Auto Channel I was pretty excited when I found out I was going to spend a week with the Saab 9-3 Turbo X. Iâve never driven a Saab, but I have always thought they were a âcoolâ car. A little outside the mainstream. Design means something to Saab. I have to admit t ... Continue reading
Wonder Auto Technology Reports Record Quarterly 2008 Sales and Net Income
JINZHOU CITY, China, Nov. 3 /Xinhua-PRNewswire-FirstCall/ -- Wonder Auto Technology, Inc. ("Wonder Auto" or the "Company"), a leading manufacturer of automotive electrical, suspension parts and engine accessories in China, today announced record quarterly financial results for the third quarter ended September 30, 2008 ... Continue reading
Chrysler LLC Reports October 2008 U.S. Sales
AUBURN HILLS, Mich., Nov. 3 -- -- Chrysler celebrates the 25th anniversary of the minivan, which continues to be a dominating force in the market -- Dodge Challenger and Journey continue to draw consumer attention -- Jeep(R) Patriot sales increased two percent compared to September 2008 and 62 percent year-to-date comp ... Continue reading
Kia Motors America Announces October 2008 Sales
Rio, Amanti and Sedona Post Double Digit Increases IRVINE, Calif., Nov. 3 -- Kia Motors America (KMA) today announced October sales of 15,483 units with year-to-date sales of 243,571 units. Kia Rio, Amanti and Sedona vehicles all posted double digit increases compared with the previous month. Sorento, awarded a top ran ... Continue reading
LoJack Corp. Announces Third Quarter 2008 Results
WESTWOOD, Mass., Nov. 3 -- LoJack Corporation announces the following webcast and conference call for its third quarter 2008 results on Tuesday, November 4: (Logo: http://www.newscom.com/cgi-bin/prnh/20080512/NEM054LOGO) What: LoJack Corp. to report third quarter 2008 results When: Tuesday, November 4 -- 09:00AM EDT Ho ... Continue reading
Audi October 2008 Sales a New Record
- Audi new vehicle sales up 0.3% for October - Launch of all-new Audi 2009 A4 drives sales - A8 and R8 sales up; A5 posts third consecutive record month - Audi expects to grow market share again HERNDON, Va., Nov. 3 -- Audi today announced sales for the month of October totaling 7,443, an increase of 0.3 percent. This ... Continue reading
Mitsubishi Motors October 2008 Sales Improve From Prior Month
CYPRESS, Calif., Nov. 3 -- Mitsubishi Motors today announced October 2008 sales of 7,486, a slight improvement (1.4%) over September sales. Most models showed increases from the prior month: * Galant sales were up 24 percent from September. * Outlander sales were up 17 percent from September. * Endeavor sales were up 1 ... Continue reading
Mazda Reports October 2008 Sales
- MAZDA5 Records its Best October Ever - IRVINE, Calif., Nov. 3 -- Mazda North American Operations (MNAO) today reported October 2008 sales of 16,442, down 25.9 percent versus last year, and year-to-date sales of 231,850, down 7.5 percent. Bucking the sales trend with an incredible sales month was the MAZDA5 multi-acti ... Continue reading
BMW Group Reports October 2008 Sales
BMW Group US sales (BMW and MINI combined) down 5.0 percent in October WOODCLIFF LAKE, N.J., Nov. 3 -- The BMW Group in the U.S. (BMW and MINI combined) reported October sales of 25,475 vehicles, a decrease of 5.0 percent over the 26,821 vehicles sold in October 2007. The BMW Group also reported a year-to-date sales vo ... Continue reading
Nissan North America Announces October 2008 Sales
FRANKLIN, Tenn., Nov. 3 -- Nissan North America, Inc. (NNA) today reported October 2008 sales of 56,945 units versus 84,947 units a year ago, a decrease of 33.0 percent. Sales of Nissan Division vehicles declined 33.5 percent, while sales of Infiniti Division vehicles fell by 28.6 percent. (Logo: http://www.newscom.com ... Continue reading
Acura Announces October 2008 Sales Results
TL Sales Up 22.2 Percent TORRANCE, Calif., Nov. 3 -- In its first full month of sales, the all-new 2009 Acura TL is off to a good start with October sales of 4,340, up 22.2 percent over October 2007 sales based on daily selling rate*. Month-to-date, Acura total car sales were 6,426, up 2.0 percent. Total Acura sales fo ... Continue reading
American Honda Reports October 2008 Sales
Honda Fit sets monthly record; Acura TL sales up 22.2 percent TORRANCE, Calif., Nov. 3 -- American Honda Motor Co., Inc., posted October sales of 85,864, a decline of 28.0 percent based on the daily selling rate*, compared to record October 2007 results. American Honda year-to-date sales of 1,266,447 represent a 3.6 pe ... Continue reading
SANTA MONICA, Calif.--Edmunds.com, the premier online resource for automotive information, estimated today that the average automotive manufacturer incentive in the U.S. was $2,648 per vehicle sold in October 2008, down $253, or 8.7 percent, from September 2008, and up $471, or 21.6 percent, from October 2007. "Automak ... Continue reading
GM Reports 170,585 Deliveries in October 2008 Down 45% From 2007
U.S. auto industry at lowest monthly SAAR in more than 25 years DETROIT â General Motors dealers in the United States delivered 170,585 vehicles in October, down 45 percent compared with a year ago. GM truck sales of 97,119 were down 51 percent and car sales of 73,466 were off 34 percent. The steep decline in vehi ... Continue reading
Hyundai Motor America Reports October 2008 Sales
FOUNTAIN VALLEY, Calif., Nov. 3 -- Hyundai Motor America today announced sales of 20,820 for the month of October, a 31 percent decrease from October 2007 levels. "We are experiencing one of the most challenging times in recent automotive history," said Dave Zuchowski, Hyundai Motor America's vice president of national ... Continue reading
Coughlin Wins Vegas, Puts Stranglehold On Title Defense
LAS VEGAS, NV. Nov. 2, 2008: Defending series champion Jeg Coughlin Jr. put a stranglehold on his POWERade title defense with a huge win at the eighth annual ACDelco Las Vegas Nationals. The win pushed Coughlin's lead to 123 points, meaning he only needs to qualify for the season-ending Auto Club NHRA Finals to clinch ... Continue reading
Dalziel Steers Rangers to Top-Five Superleague Finish
Orlando, Florida November 03, 2008: Ryan Dalziel steered Rangers to a top-five Superleague Formula finish yesterday as Round 5 of the inaugural championship was hosted at the Italian circuit of Vallelunga. The Scottish racer finished fifth in Sundayâs first race followed later in the day by another strong showing ... Continue reading
Raimondo wins Formula BMW Americas Rookie Championship
November 3, 2008: Sao Paulo, Brazil â Taking it down to the wire, Gianmarco Raimondo secured the Formula BMW Americas Rookie Championship with a fifth-place finish in the final race of the season. The seventeen-year-old St. Catharines, Ontario native lead the championship from the first race back in May relinquish ... Continue reading
HONDA TO GIVE BRUNO SENNA HIS FIRST FORMULA ONE TEST
The Honda Racing F1 Team will give 2008 GP2 Series title contender Bruno Senna his first experience of a Formula One car in Barcelona later this month. Bruno will attend the team's first winter test at the Circuit de Catalunya from Monday 17 to Wednesday 19 November where he will drive the Honda RA108 to enable the tea ... Continue reading
Troy Coughlin Ends Pro Mod Season With Steady Outing In Vegas
LAS VEGAS, NV. November 2, 2008: JEGS.com racer Troy Coughlin had one of his better outings of the 2008 JEGS ProMod Challenge with a strong qualifying effort and a Round 1 appearance at the eighth annual ACDelco Las Vegas Nationals at The Strip at Las Vegas Motor Speedway. Coughlin earned a spot in the elimination fiel ... Continue reading
-- Total 17,232 of Units of Mercedes-Benz Cars Division Sold in U.S. -- Mercedes-Benz USA Records October Sales of 14,996 NEW YORK, Nov. 3 -- Daimler AG (stock exchange abbreviaton DAI) today reported sales for the Mercedes-Benz Cars division (Mercedes-Benz and smart combined) of 17,232 units in the U.S. for October 20 ... Continue reading
Toyota Reports 25% Drop in October 2008 U.S. Sales
TORRANCE, Calif., Nov. 3 -- Toyota Motor Sales (TMS), U.S.A., Inc., today reported October sales of 152,101 vehicles, a decrease of 25.9 percent from last October, on a daily selling rate basis. The Toyota Division posted October sales of 135,818 units, a decrease of 24.2 percent from last October. The Lexus Division r ... Continue reading
The Minivan Turns 'Silver' - VIDEO ENHANCED
Celebrates 25 Years as a Consumer Icon The world is certainly a different place today than it was 25 years ago. In 1983, Ronald Reagan was President of the United States, the Internet was created, the first mobile phones were introduced, and Michael Jackson first performed his famous "moonwalk." It was also the year Ch ... Continue reading
The new Seat Ibiza Ecomotive takes the 'ECOBEST 2008' distinction
The new SEAT Ibiza ECOMOTIVE has been awarded the "ECOBEST 2008" distinction for the best ecological car of the year. This prize is given every year by the AUTOBEST organisation, and is great news for SEAT in its commitment to preserving the environment by manufacturing vehicles with reduced CO2 emissions. ... Continue reading
Nissan Contributes EUR189 Million To 2008 Renault Earnings
Nissan today announced financial results for the first half of its fiscal year 2008/2009. ... Continue reading
The new Peugeot 107 Eco-friendly through and through
Its fun-and-youthful appearance, multiple body colours and cute-shaped headlamps light up the road as well as the lives of its customers. For these customers, style counts for much in their choice of car and still remains a strong decisive factor. ... Continue reading
GMAC Financial Services Schedules Release of 2008 Third Quarter Financial Results
NEW YORK, Nov. 3 -- GMAC Financial Services has scheduled the release of its 2008 third quarter financial results for Wednesday, Nov. 5, 2008. The press release, including financial highlights, will be issued at 8 a.m. EST via PR Newswire and the GMAC Financial Services media Web site (media.gmacfs.com) and the Residen ... Continue reading
MBUSA Reports October 2008 New Car Sales of 14,996
MONTVALE, N.J., Nov. 3 -- Mercedes-Benz USA (MBUSA) reported October sales of 14,996 vehicles, bringing the company's year-to-date volume to 192,294, a 5.3 percent decrease over the year-to-date record set last year. Sales highlights for Mercedes-Benz USA include a 7.1 percent increase in M-Class SUV sales for the mont ... Continue reading
Porsche Reports October 2008 Sales
ATLANTA--Porsche Cars North America Inc. (PCNA), importer and distributor of Porsche sports cars and Cayenne SUVs in the United States, today announced October sales in the United States of 1,427 compared to last yearâs record-breaking October total of 2,862, a decrease of 50%. For the first 10 months of calendar ... Continue reading
Goodyear Reports 2008 Third Quarter Results
Third Quarter highlights include: - Sales increased 2% to third quarter record $5.2 billion - Revenue per tire excluding translation increased 8% - Continued strength in international markets - Price/mix improvement offsets raw material cost increases - Segment operating income $266 million - Income from continuing ope ... Continue reading
Ford October US Sales Down 30.2%
DEARBORN, Mich., Nov. 3, 2008; An economic gauntlet, the likes of which haven't been seen in more than two decades, could not deter Ford's best-selling F-Series truck. Ford dealers celebrated Truck Month by delivering 43,324 F-Series in October. October also marked the annual Texas Truck Rodeo competition conducted by ... Continue reading
Two Wins For Jaguar Xf At The Scottish Car Of The Year Awards 2008
November 3, 2008 : The Jaguar XF has won 'Best Luxury Car' and 'Best Diesel' at the 2008 Scottish Car of the Year Awards, voted for by the Association of Scottish Motoring Writers (ASMW). Bill Caven, President of the ASMW, said: "The new Jaguar XF is an extremely impressive beast in more ways than one. It not only look ... Continue reading
Dana Holding Corporation Sharpens Focus of Leadership Roles
John Devine Appointed to Expanded Role of Chairman and CEO, Gary Convis Named Vice Chairman; Both Changes Effective January 1, 2009 TOLEDO, Ohio, Nov. 3 -- Dana Holding Corporation today announced that its Board of Directors has appointed John Devine to the expanded role of chairman and CEO, and named Gary Convis vice ... Continue reading
Oshkosh Corporation Reports Fiscal 2008 Fourth Quarter and Full Year Results
OSHKOSH, Wis.--Oshkosh Corporation , a leading manufacturer of specialty vehicles and vehicle bodies, today reported fiscal 2008 fourth quarter earnings per share (EPS) of $0.72 on sales of $1.90 billion and net income of $53.6 million. These results compare with EPS of $1.14 on sales of $1.79 billion and net income of ... Continue reading
Emma Bell's Vault For Vauxhall
Super hot British fashion designer Emma Bell has teamed up with Vauxhall Motors to stage an event in London designed to take people into a fairytale wonderland that is "Emma Bell's Vault for Vauxhall" - set to be a unique, phantasmagorical, candy encrusted evening of glitter, fashion with the hottest music in town! ... Continue reading
Volkswagen Brand U.S. Sales Down 7.9 % in October 2008
FRANKFURT, Nov 3, 2008; Christiaan Hetzner writing for Reuters reported that U.S. sales of Volkswagen brand vehicles fell 7.9 percent in October to 15,889 units as incremental volume from new models like the Jetta SportWagen and the Tiguan compact SUV prevented a worse decline. "This is the toughest economy we've seen ... Continue reading
HARBIN, China, Nov. 3 /Xinhua-PRNewswire-FirstCall/ -- Harbin Electric, Inc., ("Harbin Electric" or the "Company"; Nasdaq: HRBN), a leading Chinese developer and manufacturer of a wide range of electric motors, today announced that it will host a conference call to discuss the third quarter financial results at 8:30 a. ... Continue reading
Volvo Environment Prize - Award-Winning Ecologist On The Financial Crisis
Politicians and policy-makers all over the world struggle to stabilize the global financial system. But perhaps regulations and command-and-control won't do much good. Instead, governments should take a closer look at the research on resilience - the capacity of an eco-system to cope with shock and then rebuild and ren ... Continue reading
Garmin and Automotive OEM Celebrate Five-Year Partnership with New Navigation Systems
SAN JOSE, Calif.--Garmin International Inc., a unit of Garmin Ltd. , the global leader in satellite navigation, announced today that it has strengthened its partnership with BMW AG, by offering two new navigation devices to enhance the already successful line of BMW Portable Navigation Systems. These Garmin devices are ... Continue reading
China Yuchai International Launches New Website
SINGAPORE, Nov. 3 /Xinhua-PRNewswire-FirstCall/ -- China Yuchai International Limited ("China Yuchai" or the "Company") today announced that it has launched its new website located at www.cyilimited.com featuring a clean design with easy navigation tools containing an overview of China Yuchai and its businesses, biogra ... Continue reading
Continental's AquaBuOY Converts Waves Into Energy
Almost three-quarters of the earth's surface consist of water which is almost always on the move. Whether motion is generated by currents, tides, or storms: there is an endless amount of energy available within the world's oceans. So waves could be the energy resource of the future. What's more, marine energy is produc ... Continue reading
All-New Ford Fiesta Named Scottish Car Of The Year
The all-new Ford Fiesta has been named "Scottish Car of the Year 2008" at the 11th annual Association of Scottish Motoring Writers (ASMW) awards dinner in St Andrew's, Scotland. ... Continue reading
No Clear Consumer Support for Automotive Bailout
CarGurus survey reveals 52% of respondents disapprove of a government bailout for GM and Ford Consumer sentiment mirrors initial reaction to bank bailout package CAMBRIDGE, Mass., Nov. 3 -- CarGurus(R) (http://www.cargurus.com/), a leading online automotive community, today announced the results of its survey of more t ... Continue reading
JAMS Arbitrator Issues Interim Award in Favor of Fisker on All Claims IRVINE, Calif., Nov. 3 -- Fisker Automotive Inc, and Fisker Coachbuild, LLC today announced that a JAMS Arbitrator has issued an interim award finding in favor of Fisker Coachbuild, LLC, Fisker Automotive, Inc., Henrik Fisker and Bernhard Koehler and ... Continue reading
Brilliance Auto to boost operation in Sichuan
Brilliance Auto to boost operation in Sichuan http://www.gasgoo.com/auto-news/1008245/Brilliance-Auto-to-boost-operat ion-i n-Sichuan.html Shanghai, November 3 (Gasgoo.com) Brilliance Auto will continue to invest in its Sichuan plant for building the largest production base in western China, xinhuanet.com reported toda ... Continue reading
Tax Breaks Coming For Electric Cars
<p><i>An overlooked part of the $700 billion bailout provides an incentive for consumers looking to purchase green cars. WASHINGTON DC October 31, 2008; The AP reported that Plug-in electric vehicles from General Motors and Toyota are not expected to hit showrooms for more than a year, but when they arrive, the first b ... Continue reading
The Mercedes-Benz GLK at SEMA, Las Vegas 2008: Unconventional Concept For an Unconventional Show
Tuner Challenge - this is the headline for the appearance of the Mercedes-Benz GLK at the SEMA Show. Ahead of the unconventional tuning show, the Stuttgartcompany announced a competition for tuning firms. The object of desire - compact GLK-Class. The distinctively styled automotive character seems predestined to arouse ... Continue reading
Killing Established Car Brands a Rocky Road
Washington DC November 3, 2008; The AIADA newsletter reported that as General Motors struggles to sell cars, one repeated bit of advice is that it needs to shed some brands - especially if it joins forces with Chrysler. But there's one big roadblock in the way - the dealers who sell those cars. "It's very difficult," s ... Continue reading
New C1 - Citroen's good citizen gains extra sparkle
The nimble, dynamic and ingenious C1 is easy to live with and a practical all-round performer. The city car's innovative compact design, economy and environmental respect underline Citroen's creative approach. ... Continue reading
Chicago Auto Dealer Groups: Credit is Available
Washington DC November 3, 2008; The AIADA newsletter reported that financing for new cars is available to consumers, say groups as varied as the used-vehicle retailer CarMax and trade associations that represent new-vehicle dealers and auto lenders. General Motors, Toyota, and Ford are running similar advertising campa ... Continue reading
LoJack Corporation Names Timothy P. O'Connor Chief Financial Officer and Senior Vice President
WESTWOOD, Mass., Nov. 3 -- LoJack Corporation announced today that Timothy P. O'Connor will be joining the company as Chief Financial Officer and Senior Vice President succeeding Michael Umana, who resigned as Chief Financial Officer effective September 30, 2008. (Logo: http://www.newscom.com/cgi-bin/prnh/20080512/NEM0 ... Continue reading
A more relaxing ride, a safer journey: the innovative assistance systems offered by Audi on-board its range of models help to ensure stress-free driving. A driving force behind technical advances in this area as in others, Audi can, on request, equip its vehicles with high-tech systems deriving directly from the luxury ... Continue reading
"UFOs" in Ingolstadt - Audi Accident Research Unit
They refer to themselves simply as the "UFOs". But this bizarre nickname has a very down-to-earth explanation: "UFO" is simply an abbreviated form of the German word "Unfallforscher" which means "accident researcher". Since 1998, the members of this team of experts have been gathering evidence in cases where Audi model ... Continue reading
Toyota Announces Prices for New 2009 Venza - VIDEO ENHANCED
TORRANCE, Calif., Nov. 3 -- Toyota Motor Sales (TMS), U.S.A., Inc., today announced manufacturer's suggested retail prices (MSRP) for the 2009 Toyota Venza. MSRPs will range from $25,975 for the four-cylinder with front-wheel-drive (FWD) model to $29,250 for the V6 with all-wheel-drive (AWD). Venza V6 models will start ... Continue reading
Chevrolet Wins Prestigious Product Awards in Latin America
Awards Presented at the Sao Paulo International Auto Show in Brazil and the Santiago Auto Show in Chile MIRAMAR, FL - November 3, 2008: Chevrolet won several awards last week at two major shows in Latin America. At the Sao Paulo International Auto Show in Brazil, the newly-launched Chevrolet Captiva Sport was named the ... Continue reading
Hyundai-Kia, Microsoft & IITA Open Automotive IT Center
Hyundai-Kia, Microsoft & IITA Open Automotive IT Center - Hyundai-Kia & Microsoft strengthen ties to lead global IT sector for automobiles - Mong-Koo Chung, Chairman & CEO of the Hyundai-Kia Automotive Group and Microsoft CEO Steve Ballmer discuss cooperation opportunities (SEOUL) November 3, 2008 - Hyundai-Kia Automot ... Continue reading
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