Detroit's history of shrinking and reduced economic has culminated in bankruptcy. It is the largest municipal bankruptcy filing in U.S. history by debt. Detroit is also the largest city by population in the U.S. history. Detroit has ...
Tags: General Motors, Chrysler
According to data released on January 16th, 2013 European auto market continued to shrink, became the longest time for shrinking in six years, reported by Detroit News. According to data post by the European car manufacturers association, ...
Tags: Auto, Transportation, Vehicle, Car
In 2013, motor vehicle sales in Turkey totaled 893,124 units, rising by 9.23 percent year on year, according to the Turkish Automotive Manufacturers Association (OSD). Meanwhile, in December last year motor vehicle sales in the country saw ...
Tags: Motor Vehicle Sales, Turkey
While the Japanese government struck a more upbeat chord in its January economic report, measures of consumer confidence paint a grimmer picture of things further on, as a tax hike in April threatens to put the breaks on household spending. ...
Tags: economic report, Japan's Economy
Anticipation of higher earnings in fiscal 2014 is buoying Japanese electronics stocks, with Hitachi, Panasonic, and many others outstripping their own 2013 market performance in the new year. On Wednesday, 178 issues on the Tokyo Stock ...
Mercedes-Benz has pipped its key rivals, including BMW, to claim the title of America’s best-selling luxury car brand for the first time since 1999. Ending 2013 with a record 312,528 sales (up 14 per cent from 2012), Mercedes-Benz ...
Tags: Mercedes-Benz, Luxury Car
According to the statistics released by the Turkish Automotive Distributors Association (ODD), in 2013 the domestic passenger car market expanded by 19.48 percent compared to 2012, with sales rising to 664,655 units. In December last year, ...
Tags: Passenger Car, Turkey
December 2013 Australian New Car Sales Figures 1 Toyota 19,610 2 Holden 9,150 3 Mazda 8,526 4 Hyundai 7,747 5 Ford 6,872 ...
Tags: New Car Sales, Mazda
In two decades, about 9 percent of all cars will be self-driven, according to a forecast published this week by auto industry group IHS Automotive. IHS believes that although no such cars are yet available for consumers, they will be in ...
Tags: Transportation, Cars
The Toyota Corolla has officially become Australia’s most popular vehicle in 2013, a significant milestone for the Japanese brand that despite dominating the manufacturer’s charts since 2003 has never scored the title of this ...
Around one in seven new passenger cars purchased in 2013 were classified as a medium car by industry accountant VFACTS, with the Toyota Camry crushing its competitors with a 38.7 per cent share in the cheaper bracket. A total of 24,860 ...
Tags: Medium Car, Toyota, Camry, Mazda 6
Australia’s large car class continued its downward spiral in 2013 as the segment’s traditional heavyweights slumped to record lows. Large car sales slipped 14.7 per cent as a whole in 2013, and a larger 17.2 per cent in the ...
Tags: Large Car, Holden Commodore, Ford Falcon
2013 Australian New Car Sales Figures in Total 1 Toyota 214,630 2 Holden 112,059 3 Mazda 103,144 4 Hyundai 97,006 5 Ford 87,236 6 Nissan 76,733 7 Mitsubishi 71,528 8 Volkswagen 54,892 9 Subaru 40,200 10 Honda 39,258 11 Kia 29,778 12 ...
Tags: New Car Sales, Toyota, Mazda
Australian new car sales are again tipped to reach record levels this year, though the Federal Chamber of Automotive Industries (FCAI) is predicting only modest growth over 2013′s benchmark. FCAI CEO Tony Weber expects 1.145 million ...
Tags: passenger cars, SUVs, commercial vehicles
The six-year-old Mazda 2 has defied its age to claim Australia’s light car class crown in 2013. Rather than being a big winner last year, the Mazda 2’s segment win was a matter of being the smaller of two losers. Sales of the ...