Headlines for Thursday, January 3, 2013
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U.S. new-auto registrations to grow 6.6% in 2013, Polk estimates
Sales of new autos, a bright spot for the U.S. in 2012, will grow further this year as an improving economy and demand for pickups and for mid-sized cars boosts registrations 6.6 percent, according to R.L. Polk & Co. About 15. Read More »
Hyundai, Kia forecast smallest growth in global sales in 7 years
Hyundai and smaller affiliate Kia forecast their slowest sales growth in seven years as a slowing global economy and strengthening won saps demand. The two companies plan combined sales to rise 4.1 percent to 7. Read More »
German car sales fell 2.9% in 2012
German auto sales fell 2.9 percent in 2012 to their lowest level in two years, in line with a trend of weaker car demand in other key markets in Europe. New car registrations in Europe's biggest economy dropped 16. Read More »
Car slump in France, Spain and Italy spells gloomy 2013
Car sales in France, Spain and Italy in 2012 fell to the lowest levels in years, with December registration data underscoring the challenges facing the broader European economy. Read More »
With Adam, Opel hopes to prove it can build a money-making minicar in Germany
Opel/Vauxhall is confident it can produce its new Adam minicar in Germany and still make money. "The way the car has been constructed gives us the possibility to build in Germany and still be profitable," Opel sales and marketing boss Alfred Rieck told Automotive News Europe. Read More »
