Automobile industry
The compact car market is set for a transformation in spring 2012 with the arrival of several new and innovative models. Volkswagen's up! is among the first to hit the streets, powered by a new three-cylinder petrol engine with outputs of 60 and 75PS. The SEAT Mii and
Automobile industry
Thailand's automotive industry faced a disastrous November, with production plummeting to a record low of 23,695 units, a drop of 85% year-on-year and 52% compared to the previous month. According to Surapong Paisitpatnapong, spokesman of the Automotive Industry Club of the Federation of Thai Industries (FTI), this
Automobile industry
Zhejiang Youngman Lotus Automobile, a Chinese investor, is preparing to submit a takeover bid for the bankruptcy estate of Saab Automobile, according to a statement from spokesperson Johan Nylen. The offer will cover either the entire Saab company or operations not reliant on technology licensed from Saab's former
Automobile industry
The China-US trade war continues to escalate, with China announcing additional duties on cars imported from the United States. The move is expected to significantly impact global auto giants like General Motors, Chrysler, and BMW. The Chinese commerce ministry alleged that the American car industry engages in "dumping and
Automobile industry
The world of technology and finance is constantly abuzz with new developments, and the Internet search landscape is no exception. In recent days, three major topics have generated significant interest among online users. Acura, Honda's luxury brand, is set to unveil a new sedan aimed at Generation-Y buyers,
Automobile industry
Investors in the Automobile Manufacturers industry often look for companies with the lowest price to book ratios, as these companies can present the greatest value. Recently, SmarTrend identified the top five companies in the industry with the lowest price to book ratios. Among these companies, General Motors had the lowest
Automobile industry
General Motors leads the pack with a sales per share of $98.32, followed closely by Thor Industries with $49.80 and Ford Motor with $35.91. While Winnebago Industries and Tesla Motors Inc also make the top 5, Tesla's stock has shown significant growth since a recommendation
Automobile industry
The US automobile industry experienced a significant surge in sales in November, with 1 million vehicles sold, representing a 13.9% increase from the same period last year. This marked the highest sales rate since August 2009, when the 'cash for clunkers' program was in effect. The sales
Automobile industry
Consumer demand for new vehicles drove US auto sales to a two-year high in November, despite a lack of big-year-end sales promotions. Chrysler and Volkswagen led the sales gains, with percentage increases of 45% and 41%, respectively. Other automakers also saw double-digit gains, while General Motors and Toyota trailed behind.
Automobile industry
Rising costs of vehicle components and raw materials due to a weakening Indian rupee are likely to lead to price increases for cars in the country. The rupee plunged to an all-time low of Rs 52.50 against the US dollar on November 22, 2011, putting pressure on companies that
Automobile industry
The patent WO/2011/142112 published on November 17 describes a diesel engine control device and method for an automobile. The invention, developed by Mazda Motor Corporation and its inventors, aims to improve fuel efficiency by controlling the geometric compression ratio in the engine main body. The abstract outlines the
Automobile industry
General Motors, Thor Industries, and Winnebago Industries ranked lowest in the automobile manufacturers industry with the lowest price to book ratios, indicating potential value to investors. While Tesla Motors Inc has seen a significant rise in its stock price since it was recommended as a potential investment by SmarTrend, it
