Press Release No. 08/2018 – Vehicle registrations in March 2018

date 04/04/2018 Flensburg, March 2, 2018. 261,749 Passenger cars ( car ) were newly registered in February. That was +7.4 percent more than in the same month last year. The share of commercial approvals was 63.1 percent (+ 0.8%). Private registrations increased by + 21.3 percent. 60.8 percent (-9.4 percent) of new cars were registered… Continue reading Press Release No. 08/2018 – Vehicle registrations in March
2018

CORRECTED-UPDATE 3-GM to drop monthly U.S. vehicle sale reports

(This version of the April 3rd story corrects to delete reference to Brazil in second paragraph) A partially assembled Chevrolet 2017 Sonic is seen on the assembly line at GM Orion Assembly plant in Orion, Michigan, U.S., June 13, 2017. REUTERS/Rebecca Cook By Joseph White DETROIT (Reuters) – General Motors Co (GM.N) said on Tuesday… Continue reading CORRECTED-UPDATE 3-GM to drop monthly U.S. vehicle sale reports

PSA will invest 100 million euros in the UK

PSA pursues its strategy on vans launched with its subsidiary Opel / Vauxhall, recently acquired. After the synergies put in place in Spain and Portugal, the group claims to be the European leader in light commercial vehicles (LCVs) and will invest around 100 million euros at its Luton site in England. The objective: to increase… Continue reading PSA will invest 100 million euros in the UK

New Lancia Stratos supercar images released

11th Mar 2018 6:00 am Manifattura Automobili Torino will build up to 25 units of its modern Stratos, based on the Ferrari 430; the supercar puts out 550hp and is expected in April 2018. The New Lancia Stratos is on display at the Geneva motor show before it is put into limited production by Manifattura… Continue reading New Lancia Stratos supercar images released

Carmakers proceed cautiously after EPA mpg announcement

Environmental Protection Agency Administrator Scott Pruitt speaks with auto industry leaders following a news conference at the Environmental Protection Agency in Washington, April 3, 2018, on his decision to scrap Obama administration fuel standards. (Photo: Andrew Harnik / AP) Washington — Detroit automakers say they’re committed to increasing the fuel economy of their cars, despite… Continue reading Carmakers proceed cautiously after EPA mpg announcement

UPDATE 3-GM to drop monthly U.S. vehicle sale reports

DETROIT (Reuters) – General Motors Co (GM.N) said on Tuesday it will stop reporting monthly U.S. vehicle sales, saying the 30-day snapshot does not accurately reflect the market and the company will, instead, issue quarterly sales reports. A partially assembled Chevrolet 2017 Sonic is seen on the assembly line at GM Orion Assembly plant in… Continue reading UPDATE 3-GM to drop monthly U.S. vehicle sale reports

UPDATE 1-Fiat Chrysler’s March sales in Canada drop, GM slightly up

(Reuters) – Fiat Chrysler Automobiles said total sales in Canada slumped 8 percent to 24,490 vehicles in March, hurt by steep declines in demand for Chrysler and Dodge brands from a year earlier. A screen displays the ticker information for Fiat Chrysler Automobiles NV at the post where it’s traded on the floor of the… Continue reading UPDATE 1-Fiat Chrysler’s March sales in Canada drop, GM slightly up

Ford releases salary, pay ratio data for entire workforce

Jim Hackett, President and CEO of Ford Motor Company, speaks during their press preview at the 2018 North American International Auto Show in Detroit in January 2018. (Photo: JEWEL SAMAD, AFP/Getty Images) Ford CEO Jim Hackett earned total compensation of $16.7 million in 2017, his first calendar year at the company’s helm, the automaker said Thursday.… Continue reading Ford releases salary, pay ratio data for entire workforce

Jeep announces special offer on Compass SUV

NEW DELHI: Celebrating its International Jeep 4×4 Day (April 4) in India, Fiat Chrysler Automobiles (FCA) has announced ‘Jeep 4×4 Month’ which will run from April 4 to 30. The celebration brings a special offer on the company’s new SUV model – the Compass. The scheme encourages new customers who are currently considering or have… Continue reading Jeep announces special offer on Compass SUV