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Scandal-hit VW brand sees sales drop in German market

2016-04-16 02:31:33| Automakers - Topix.net

German automaker Volkswagen AG saw sales fall in its home market as it struggles to overcome a scandal over cars that cheated on diesel emissions tests. Sales figures out Friday for the Volkswagen brand fell 8.2 percent in Germany to 53,400 vehicles.

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Russia's March car sales drop 10% as decline slows

2016-04-09 09:12:21| Auto Dealers - Topix.net

New-car sales in Russia fell 10 percent to 125,917 vehicles in March, the smallest decline in 15 months, causing a leading business group in the country to forecast that the market is close to hitting bottom. "March sales results demonstrate that the automotive market as a whole is not in good shape yet although gradually moving closer to hitting a bottom after many months of continuous decline," Joerg Schreiber, chairman of the AEB automobile manufacturers committee, said in a statement on Friday.

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Calgary sees home sales, benchmark price drop but average price rises

2016-03-01 22:47:39| Real Estate - Topix.net

Calgary's real estate market continues to show signs of stress with lower sales, listings and benchmark prices in February even as the average price climbed. The latest Calgary Real Estate Board numbers show that the benchmark price, which represents the price of a typical home, dropped 3.45 per cent in February to $445,000 compared with a year ago, while the median price was unchanged at $420,000.

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China auto sales drop to new low in 2015

2016-01-12 22:12:17| Auto Dealers - Topix.net

Auto sales in China grew at the slowest pace in three years in 2015 as demand fell in the world's largest car market, data from an industry association showed today. About 24.59 million automobiles were sold in 2015, a year-on-year increase of 4.7 percent, according to the China Association of Automobile Manufacturers.

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Volkswagen car sales drop 20 percent in UK after scandal

2015-12-04 14:14:07| Auto Dealers - Topix.net

Volkswagen car sales in Britain dropped by almost 20 percent in November compared with a year earlier as the company's emissions testing scandal took a toll.

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