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April new-car sales winners and losers
Fri, 02 May 2014U.S. light-vehicle sales rose 8 percent to nearly 1.4 million in April, with strong retail sales and pent-up demand adding momentum to the industry's spring thaw. Among major automakers, Nissan Motor Co., Chrysler Group and Toyota Motor Corp.
Maserati banks on Chrysler to boost global sales
Wed, 27 Jul 2011Fiat CEO Sergio Marchionne has bold plans for the automaker's Maserati luxury sports car unit: to boost annual sales almost tenfold to 50,000 units from 5,675 last year. Three new models are key to this midterm goal and all are based on systems and components from Chrysler Group. Maserati will introduce two new sedans to replace its Quattroporte flagship model using technology from Chrysler's large sedans such as the Chrysler 300 and the Dodge Avenger.
Mercedes A Class production outsourced
Tue, 24 Jul 2012Mercedes is outsourcing some new A Class production as orders continue to flood in for Mercedes’ new compact car. Last week we had the news that Mercedes will be building new A Class compact SUV – the Mercedes GLA – at the Mercedes plant in Rastatt as production of the A Class kicked off. But despite the new A Class being built at both Rastatt and the Mercedes plant in Kecskemet, Hungary, Mercedes don’t have enough capacity for the volume of order flooding in for the new A Class – over 40,000 since it went on sale just over a month ago.