It’s not business as normal anymore at Mini. The small car brand has posted outsize sales growth for the last few years, but now competition has started to ding the brand as rivals like Ford and Toyota introduce a widening array of small, fuel-efficient cars.
The price of classic cars has swelled since the worst of the U.S. economic downturn. From August 2009 to April 2013, one index that tracks classic car values rose 54 percent to $1.45 million.
The Automotive Parts Remanufacturers Association (APRA) salutes the great news that the average age of vehicles in the United States has reached an all-time high of 11.4 years.
Phoenix Marketing International’s Automotive Practice has released its most recent findings from its ongoing research regarding purchase consideration of alternative fuel vehicles (AFVs).
The Automotive Practice collects data from consumers who were recently or are currently in the market for a new vehicle, and asks them about their willingness to consider an AFV on their next purchase or lease.
More than 2,000 workers at BMW’s factory in South Africa have started a strike over pay that has slowed output, the carmaker said.
