| Brokerages downgrade Bajaj Auto to ‘sell’ on weak outlook |
Jul 3rd, 2013 |
Bajaj Auto to 'sell' after a decline in sales and a weak outlook due to slowdown in economic activity and high interest rates. "Commentary on domestic 2-wheeler demand outlook is weak in the annual report and management does not expect any recovery in the near-term. ...
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| Chinas SAIC Motor says June auto sales up 14.4 pct yr-on-yr |
Jul 3rd, 2013 |
BEIJING, July 3 | Wed Jul 3, 2013 3:40am EDT BEIJING, July 3 (Reuters) - Top Chinese automaker SAIC Motor Corp said on Wednesday its June auto sales rose 14.4 percent from a year earlier to 406,855 vehicles. That compares with a 10 percent year-on-year gain in May. SAIC operates car ventures with General Motors Co and Volkswagen ...
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| 2 arrested in rash of auto break-ins |
Jul 3rd, 2013 |
Detectives have arrested a man and woman from Hudson on charges of breaking into numerous vehicles, according to the Steuben County Sheriffs Department.Shawn Moore, 35, faces eight felony counts of receiving stolen property. Amanda Johnson, 32, is charged with receiving stolen property and fraud, both felonies.Sheriffs detectives in Steuben, Wells and Adams counties worked to determine that ...
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| European car sales show signs of hitting bottom of five-year slump |
Jul 3rd, 2013 |
MILAN/PARIS -- The fall in Italian, Spanish and French car sales slowed its pace in June, raising some hopes that the bottom of a five-year slump in the crisis-hit European market could be ...
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| Hertz ‘Dream Car’ program begins |
Jul 3rd, 2013 |
The great American holiday road trip just became a bit more exciting. Hertz USA has announced it will be launching a 'Dream Car' program, giving renters the opportunity to step up a notch or two from the average mid-size rental car. Prices start at US$395 for one day with ...
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| Electric car sales still sputtering |
Jul 3rd, 2013 |
A man uses a mobile phone at a showroom of Toyota Motor in Beijing on Tuesday. Toyota has been aggressive in promoting its electric vehicles, betting on increasing demands for cleaner cars in the world's largest automobile market. Kim Kyung-Hoon / ...
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| Honda GM to partner on fuel-cell vehicles |
Jul 3rd, 2013 |
LOS ANGELES - General Motors and Honda are partnering in a renewed push to get clean vehicles to market with the two automotive giants seeking to have cheaper power-making fuel cells and hydrogen tanks ready by 2020.The tie-up between the largest U.S. automaker and Tokyo-based Honda is to include exchanging engineers, joint use of research facilities and shared sourcing of parts and materials, ...
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| Transformers 4 Bumblebee Chevrolet Camaro revealed |
Jul 3rd, 2013 |
Bumblebee, set to star in the upcoming film. Although the new Bumblebee Autobot sports a familiar black and yellow paintjob, it features a slightly restyled body compared to the recently revealed Camaro facelift. The car's slimmer, more angular headlights and grille are paired with reprofiled front and rear bumpers, larger rear fenders, a fixed rear wing ...
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| GM June Sales: Cruze Up 73 Percent, Contributes to Record Month |
Jul 3rd, 2013 |
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GM’s trucks continue growth, Cruze up 73.2 percent.
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| South Korean shares edge lower amid foreign selling autos lag |
Jul 3rd, 2013 |
Tue Jul 2, 2013 9:53pm EDT * Investors cautious before key data, earnings this week * Foreign, institutional selling weigh * Autos down on weaker yen, refiners firm on higher oil SEOUL, July 3 (Reuters) - South Korean shares fell on Wednesday after global equities eased overnight and as investors turned cautious ahead of major U.S. data and earnings estimates from domestic heavyweight Samsung ...
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