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New Car Sales 2012: Big winners – and big losers
Mon, 07 Jan 2013Car sales in the UK hit a four year high in 2012 with over 2 million registrations. But which were the big winners and losers? Despite the Eurozone being on the verge of imploding – and the economic outlook on the gloomy side just about everywhere – 2012 has turned in to the best year for new car registrations in the UK since 2008.
Toyoda testimony: As automaker grew, safety suffered
Tue, 23 Feb 2010Toyota Motor Corp. president Akio Toyoda plans to tell lawmakers on Wednesday that the company regrettably chased growth at the expense of safety in recent years, and he will announce steps to improve Toyota's handling of customer complaints. Toyoda's written testimony to the House Oversight and Government Reform Committee says the automaker's priorities “became confused.” “We pursued growth over the speed at which we were able to develop our people and our organization,” Toyoda says.
Audi denies high price hits sales of new A1
Tue, 14 Dec 2010Audi denied suggestions that its new A1 entry-premium car is losing sales because it is priced too high. Audi dealers and industry observers believe the A1 is failing to attract an expected rush of customers because it costs too much for its target group of young people, according to Automobilwoche. The A1's starting price is 15,800 euros ($20,873) in Germany.