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  • SAO PAULO, Nov 17- Auto sales in Brazil are likely to fall again next year after a steep plunge in 2015, national dealership association Fenabrave said on Tuesday, in its first formal estimate for 2016.. Fenabrave forecast a 5.2 percent drop in car and light truck sales and a 4.2 percent drop in bus and heavy truck sales. Overall, auto sales in Brazil fell 24 percent in...

  • New passenger car registrations in the European Union and European Free Trade Association trading block rose 2.7 percent last month on a year ago to 1.14 million vehicles, according to the Brussels- based Association of European Carmakers. Nevertheless sales for the Volkswagen Group, Europe's biggest carmaker, dropped 0.8 percent last month, while its...

  • VW sales fall 5.3% in first full month of scandal Friday, 13 Nov 2015 | 9:18 AM ET
    Volkswagen

    Volkswagen sales fell 5.3 percent in October, the first month after Europe's biggest carmaker was found cheating diesel emissions tests in the U.S.

  • MOSCOW, Nov 10- New car sales in Russia fell 38.5 percent in October on the same period last year after a 28.6 percent drop in the previous month, the Association of European Businesses lobby group said on Tuesday. A key reason for this trend reversal is the now stabilised rouble exchange rate, the sudden slump of which in August had led to pull-ahead sales which are...

  • DETROIT, Nov 9- Volkswagen AG will offer credit cards worth $1,000, of which half is to be spent at VW and Audi dealerships, to U.S. owners of certain diesel models that do not comply with government emissions standards, VW's U.S. subsidiary said on Monday. The automaker said eligible U.S. owners of nearly 500,000 VW and Audi models equipped with 2.0 liter TDI diesel...

  • DETROIT, Nov 9- Volkswagen AG's U.S. subsidiary said on Monday it will offer $1,000 worth of credit cards, of which half may be spent at VW and Audi dealerships, to owners of certain diesel models the company has admitted do not comply with government emissions standards. The automaker said eligible U.S. owners of nearly 500,000 VW and Audi models equipped with 2.0...

  • Nov 9- Volkswagen AG's U.S. marketing operation said on Monday it will offer $1,000 worth of credit cards, of which half may be spent at VW dealerships, to owners of certain diesel models the company has admitted do not comply with government emissions standards. The automaker said eligible U.S. owners of Volkswagen and Audi models equipped with 2.0 liter TDI...

  • PARIS, Nov 5- Volkswagen's emissions cheating scandal began to hit vehicle sales in October, a leading automotive consultancy said on Friday, with the German group losing ground in Western Europe, where overall market growth slowed to 2.7 percent. Registrations rose to 1.06 million cars last month from 1.03 million the previous October, based on published...

  • GM announces record China vehicle sales in October Thursday, 5 Nov 2015 | 1:47 AM ET

    BEIJING, Nov 5- General Motors Co said vehicle sales in China rose 15 percent to a record monthly high in October, underpinned by the Chinese government's decision to cut taxes for smaller cars. "The recently announced government incentive for vehicle purchases helped boost buying sentiment starting in October," Matt Tsien, GM's China President said in a press...

  • What Volkswagen needs to do to salvage crisis Wednesday, 4 Nov 2015 | 9:31 PM ET
    What Volkswagen needs to do to salvage crisis

    Vivek Vaidya, vice president, Automotive at Frost & Sullivan, says the German carmaker needs to come clean and "give all the bad news at one shot" to prevent a further erosion in confidence.

  • Why this expert is disappointed with Honda earnings Wednesday, 4 Nov 2015 | 7:37 PM ET
    Why this expert is disappointed with Honda earnings

    Koji Endo, managing director of Advanced Research Japan, says Honda's second-quarter operating profit came in lower than market expectations.

  • Americans borrowing a record amount for their cars Wednesday, 4 Nov 2015 | 1:07 PM ET
    Car loans auto loans auto sales

    The amount of money borrowed to pay for new and used vehicles climbed to an all-time high of $968 billion in the third quarter.

  • Why Tesla's stock shot up after earnings miss Tuesday, 3 Nov 2015 | 6:44 PM ET
    Why Tesla's stock shot up after earnings miss

    Investors were reassured by news that Tesla expects to deliver 50,000 to 52,000 cars this year, says Karl Brauer, senior director of automotive industry insights at Kelley Blue Book.

  • SAN FRANCISCO, Nov 3- Tesla Motors Inc shipped more electric cars than expected in the third quarter with its Model X SUV rollout, boosting its stock by 10 percent even as the company posted its biggest loss in 10 quarters. The stock rose to $229.37 in extended trading, after closing 2.5 percent lower at $208.35 on Nasdaq. There are no delays or dropoffs in demand for...

  • Reiterate neutral rating on Tesla shares: Pro Tuesday, 3 Nov 2015 | 5:22 PM ET
    Reiterate neutral rating on Tesla shares: Pro

    Ben Kallo, senior research analyst at Robert W. Baird, attributes the overnight jump in Tesla shares to short-covering.

  • US consumers feeling pretty good: Expert Tuesday, 3 Nov 2015 | 5:08 PM ET
    US consumers are feeling pretty good: Pro

    Adam Thurgood, managing director and partner at HighTower Las Vegas, says U.S. consumer spending has been directed at big ticket items, underpinning the rise in auto sales this year.

  • MONTREAL, Nov 3- Canadian auto sales beat expectations in October, rising 5.1 percent compared with a record-setting October 2014, according to data compiled by DesRosiers Automotive Consultants on Tuesday. Total light vehicle sales rose to 163,053 cars and trucks, as Fiat Chrysler Automobiles NV and General Motors Co reported higher Canadian sales for the...

  • DETROIT, Nov 3- The U.S. auto industry on Tuesday was on its way to reporting another month of booming sales in October, despite concerns about a slowdown in consumer spending and stagnant wages. "October was a huge month for the industry, smashing expectations and continuing its hot streak," said Bill Fay, Toyota's U.S. general manager. Fiat Chrysler Automobiles said...

  • DETROIT, Nov. 3- The U.S. auto industry was on its way to reporting another month of booming sales in October on Tuesday, despite concerns about consumer spending and stagnant wages. Fiat Chrysler Automobiles said the U.S. auto industry's October sales will top 18 million on an annualized basis, well above the expectations of industry analysts.

  • How South Korean carmakers are faring in China Monday, 2 Nov 2015 | 10:07 PM ET
    How South Korean carmakers are faring in China

    James Chao, MD, Asia Pacific at IHS Automotive, says Hyundai Motor will likely see sale increases in China in the final quarter of 2015 on the back of deep discounts.