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Slump in new car sales is worst since February 2006
Mon, 07 Jul 2008By Nigel Wonnacot Motor Industry 07 July 2008 12:42 It’s finally happened. The new car market has succumbed to the economic slowdown and punters are staying away from showrooms in droves. Latest figures from industry trade body SMMT showed an 11.9 per cent fall in private sales in June to 83,425 cars.
Opel leaving China, but planning a car for the US
Mon, 31 Mar 2014General Motors' Opel is withdrawing from China after several years of declining sales, with the last vehicles slated to be exported from Germany in January 2015. Opel managed to sell only 4,365 cars in China in all of 2013, compared to a staggering 810,000 Buicks, GM's most popular division in China. The lackluster sales and the planned withdrawal from China highlighted the unique demands of the Chinese domestic market, where Buick now offers almost twice the number of models as in the U.S.
Subaru VIZIV 2 Concept teased for Geneva Motor Show
Fri, 21 Feb 2014First tease for the Subaru VIZIV 2 Concept The Subaru VIZIV 2 Concept teased for a Geneva Motor Show debut is yet another concept from Subaru that points to a new crossover – at some point. Subaru kicked of the VIZIV Concept (VIZIV apparently stands for ‘Vision for Innovation’) path at last year’s Geneva Motor Show with the first VIZVIZ concept which, said Subaru, represented the future design and vision for technical innovation. Subaru aren’t saying anything much about VIZIV 2 ahead of Geneva, but the original VIZIV Concept came with a four-pot 2.0 litre boxer engine helped along by a pair of electric motors powering the back wheels and another electric motor providing power for the front wheels.