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Half of new car sales tipped to be SUVs within three years

2015-08-23 19:52:44| Auto Dealers - Topix.net

When it comes to the ideal family car, it turns out New Zealanders can't go past a sports utility vehicle . New Zealand demand for SUVs is among the highest in the world and industry experts expect they will make up half of all new passenger car sales within three years.

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China Passenger Car Sales Fall but Not Every Automaker Feeling the Pain

2015-08-14 01:42:00| Auto Dealers - Topix.net

NEW YORK -- The slowdown in China's economy and stock market with the resulting devaluation of the nation's currency are making life difficult for global automakers Volkswagen AG Passenger-car sales fell 6.6% in July , the second straight month of decline. Earlier in the year most automakers had been predicting a softening in the red-hot rate of sales growth.

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Global car sales will have record year in 2015: report

2015-08-12 17:19:18| Canadian Plastics Headlines

Developed markets will drive the gains, according to the latest Scotiabank Global Auto report. The post Global car sales will have record year in 2015: report appeared first on Canadian Plastics.

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Car Sales meets expectations with profit rise, declares special dividend

2015-08-12 07:16:13| Auto Dealers - Topix.net

CarSales.com has declared a record result and a special dividend despite "a year full of challenges for the Australian economy". The auto sales website met the market's expectations by reporting net profit rose 8 per cent to $103 million for the full year.

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Indian auto industry reports a 17.47% surge in domestic car sales in July 2015

2015-08-12 02:06:16| Auto Dealers - Topix.net

In a sharp uptick, cars sales rose by 17.47 per cent in July - highest in three months - to 1.62 lakh units helped by Maruti and Honda , but rural-market dependent motorcycles and LCVs continued to skid. This marks the ninth consecutive month of domestic sales growth for passenger cars and a strong rebound from a modest rise of just 1.5 per cent in June.

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