Automobile industry

Automobile industry

Detroit's Big Three Auto Makers Post Higher Sales in 1993

Detroit's Big Three auto makers, led by a 24.5-per-cent gain at Chrysler Corp., posted higher car and truck sales in 1993, contributing to an estimated 14.2 million vehicles sold in the United States, up from about 13.1 million in 1992. The rise in sales came

Automobile industry

Motor Market Remains Flat Amid Currency Fluctuations

The Australian motor market experienced a sluggish performance in 1993, with sales growing by an estimated 1.6 per cent. The market's slow growth can be attributed to the appreciating Japanese yen, which led to significant price hikes for motor vehicles. Toyota, Australia's top-selling brand, invested