Toyota achieved a record annual profit and sales above 10 million vehicles for the first time, but forecast Thursday a slower year ahead as the momentum from a weak yen fades.
Tag Archives: Vehicle Sales
Jochen Siebert fears imminent China financial crisis
“A financial crisis could develop in about three years,” said Jochen Siebert, managing director of consultancy JSC Automotive Consulting in Shanghai. China could soon become a major trouble spot for automakers and their suppliers.
Suzuki foresees Europe Sales rebound
Suzuki will launch a new model every year for the next three years to increase annual vehicle sales in its European markets by about 100,000 units to 300,000 by 2016.
study says Europe’s new-car sales to grow 2.5% in 2014
European vehicle sales are likely to grow in 2014 for the first time in seven years, though unemployment and the lingering impact of sovereign debt problems will limit the extent, a think tank affiliated with Hyundai Motor Group said.
Volvo sales rise 14% on China demand
Volvo Car Group said global sales rose 14 percent year-on-year in September, its third straight month of rising deliveries, on the back of strong growth in China and Europe.
