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Ferrari sales drop off a cliff
Tue, 09 Dec 2008And there’s us thinking Ferrari was immune to the chaos that’s beset car makers all over the world. It’s been revealed that Ferrari’s sales in November dropped by a colossal 85% to just 92 cars, from a normal monthly production of around 600. How can this be?
Mini plans to set new world record for largest one-make parade
Wed, 10 Jul 2013Mini never shied away from setting records in the most dramatic way possible, and the company's next stunt hopes to set a new Guinness World Record for the largest parade of Minis. The rendezvous point for this record attempt will be the famous Mackinac Bridge in Michigan, where the official car count will take place. The organizers, Mini USA along with Mini of Grand Rapids, are hoping that at least 1,451 Minis will show up, to beat the previous record of 1,450.
Mitsubishi CEO pledges to stay in U.S., wants to quadruple sales
Thu, 23 Sep 2010Mitsubishi Motors Corp. President Osamu Masuko says the company won't pull out of the U.S. market and that his personal mid-range sales target is 200,000 units a year, or roughly four times today's level of 50,000.