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Detroit automakers have begun to close the quality and reliability gap with their rivals, and a new study suggests that domestic models may even be taking the lead in many key market segments. NBC News reports.
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Detroit automakers have begun to close the quality and reliability gap with their rivals, and a new study suggests that domestic models may even be taking the lead in many key market segments. NBC News reports.
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Diarmuid O'Connell, Tesla vice president; and Robert Glaser, North Carolina Automobile Dealers Association president, debate whether the automaker should be able to sell directly to consumers.
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RALEIGH, N.C.-- A bill backed by auto dealers that effectively blocks California's Tesla Motors Inc. from selling in North Carolina has passed the state Senate. The electric car manufacturer says the bill that passed the Senate unanimously Monday effectively bars it from selling to state residents through its Internet-based model.
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LONDON, May 7- New car sales in Britain were nearly 15 percent higher in April than a year ago, according to the Society of Motor Manufacturers and Traders which said sales in 2013 would be stronger than it previously forecast. Rising car sales have provided a rare source of good news in Britain over the past year, while the wider economy dipped in and out of recession.
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LONDON, May 7- New car sales in Britain were nearly 15 percent higher in April than a year ago, according to the Society of Motor Manufacturers and Traders which said sales for 2013 would be stronger than it previously forecast. New registrations have risen strongly since the start of the year, in contrast to falls in Germany-- Europe's biggest car market-- and France.
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One month after rolling out a lease-to-own financing program that generated plenty of attention and bad reviews, Tesla is changing its financing program to be more buyer-friendly.
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*Car sales rise in Germany and Spain. PARIS/ BERLIN, May 3- Car sales rose in Germany and Spain last month, industry data showed on Friday, adding to signs that Europe's austerity-driven auto slump could soon bottom out. Registrations in Germany, the region's biggest market, advanced 3.8 percent for the first gain in six months- and the biggest since December 2011.
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*Car sales rise in Germany and Spain. PARIS/ BERLIN, May 3- Car sales rose in Germany and Spain last month, industry data showed on Friday, adding to signs that Europe's austerity-driven auto slump could soon bottom out. Registrations in Germany, the region's biggest market, advanced 3.8 percent for the first gain in six months- and the biggest since December 2011.
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PARIS/ BERLIN, May 3- Car sales rose in Germany and Spain last month, industry data showed on Friday, adding to signs that Europe's austerity-driven auto slump could soon bottom out.
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BERLIN, May 3- Germany's auto market returned to growth in April as new vehicle sales increased 3.8 percent to 284,000 vehicles, the VDIK industry association for import brands said.
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MADRID, May 3- Spanish car sales rose 10.8 percent year-on-year in April in the first increase since August 2012, boosted by a calendar effect and a sales rebate programme, car manufacturers' association Anfac said on Friday.
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FRANKFURT, May 3- Germany's new car market returned to modest growth in April as the month had one business day more than the year-earlier period and purchases by consumers picked up, a source said. New car registrations edged up by between 1 percent and 2 percent in April, the person, who is familiar with Germany's car data, told Reuters on Friday.
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BEIJING, May 3- Mazda Motor Corp and its China joint ventures sold 12,353 cars in the country in April, down 15.2 percent from a year earlier, the Japanese automaker said on Friday. Mazda makes cars in China in partnership with Chongqing Changan Automobile Co Ltd. It also has a sales venture with FAW Group.
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SYDNEY, May 3- Sales of new vehicles in Australia were up 7.6 percent in April, compared to the same month a year ago, though industry data showed the timing of Easter holidays distorted the result somewhat. For April alone, Toyota retained first place on the sales ladder with an expanded share of 19.9 percent.
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SAO PAULO, May 2- Car and truck sales in Brazil climbed in April to a record for the month, according to a source with access to registration data, as recovering demand raised hopes that carmakers could shake off an uneven first quarter.
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JOHANNESBURG, May 2- South Africa's new vehicles sales were at 50,920 in April, up 19.5 percent compared with the same month last year, data from the National Association of Automobile Manufacturers showed on Thursday.
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PARIS, May 2- France's car sales decline slowed down in April to a 5.2 percent drop, according to data published on Thursday, raising hopes that demand may be about to stabilise. April registrations fell to 157,859 cars last month, the Paris- based CCFA industry association said, with sales for the first four months down 12.3 percent.
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PARIS, May 2- France's car sales decline slowed to a 5.2 percent drop in April, according to data published on Thursday, raising hopes that auto demand may be about to stabilize. PSA Peugeot Citroen lost more market share in April as it posted a 12.1 percent sales decline, but French peer Renault outperformed rivals with a more modest drop of 2.8 percent.
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PARIS, May 2- France's car sales decline slowed down in April to a 5.2 percent drop, data published on Thursday showed, raising hopes that demand may be about to stabilise. April registrations fell to 157,859 cars last month, the Paris- based CCFA industry association said, with sales for the first four months down 12.3 percent.
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MILAN, May 2- New car sales in Italy, Europe's fourth-largest car market, fell 10.83 percent in April from the same month a year ago to 116,209 vehicles, Italy's Transport Ministry said on Thursday. In March, car sales in recession-hit Italy plunged 4.9 percent, adding to a decline for all of 2012 of 19.8 percent. Italy has been in a recession for two years.