New car sales in Europe reaching 20-year low
According to the latest numbers it is quite clear that new car sales in Europe have slumped almost 10 percent during the first quarter of 2013, which means that the market is spiraling down towards a 20-year low.
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Toyota is re-taking the top seller spot
Toyota has started to reclaim the title of world’s largest automotive manufacturer by edging past its major competitors, General Motors and Volkswagen in 2012’s third quarter.
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Ford to close European plants due to massive losses
Ford has recently announced plans to close three of its European plants in its effort to curb losses and even achieve profitable growth with its European operations.
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New light car sales figures for the US
American car makers are still losing ground to Japanese and European automakers on their own turf. Recent numbers have shown an increase of 9% in the demand
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Opel to dump their premium pricing structure
Times are tough all around, it would appear that even General Motors’ European divisions CEO has noticed it when the...
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