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SUVs – Huge in India

The West’s perception of a 4×4 in India – the truth is quite different (click for full image) Car buyers in the West flooded in to SUVs / 4x4s of one sort or another over the last decade. But the current economic woes have brought the SUV bandwagon to an abrupt halt as buyers desert the SUV in droves in favour of something smaller and more economical. Indians can actually buy everything from the most popular Ford Endeavour through to a full blown Cayenne or Range Rover.

Toyota to end Australian manufacturing in 2017

When Holden announced that it would no longer build cars in Australia after 2017, that country’s flagging automotive industry was effectively put on notice -- Mitsubishi had stopped building cars there in 2008, and Ford says its two plants there will close in October 2016. Now Toyota has announced that it has no option but to end vehicle Australian vehicle production. Like Holden, it will close its factories there in 2017.

Sold out: RM sells entire vehicle inventory at Hershey auction

RM Auctions recorded a 100 percent sell-through rate at its Vintage Motor Cars of Hershey (Pa.) event. With more than 140 vehicles featured, the auction house posted $8.8 million in total sales. There was worldwide interest for the cars as bidders on the phone and the Internet represented 18 different countries, including Argentina, Turkey and Australia.