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China’s Geely to enter the UK car market in 2012
Mon, 05 Dec 2011China's Geely is to enter the UK car market in 2012 Chinese car maker Geely is to start selling cars in the UK in 2012, with Manganese Bronze (London Black Cabs) handling distribution. We reported recently that the Geely Emgrand EC7 and the MG6 – both made in China – has achieved a four star rating in the latest round of Euro NCAP safety test. And now Geely has revealed it’s to enter the UK car market in 2012.
Toyoda says company is ‘grasping for salvation', fears big sales loss
Fri, 02 Oct 2009Toyota Motor Corp. President Akio Toyoda said his money-losing automaker is “grasping for salvation” as it struggles to return to profit. The world's largest car company was once targeting annual sales of 10 million vehicles but now expects sales of 7.3 million this year, down from 8.97 million in 2008, Toyoda said today at a news conference.
Infiniti EV put on hold to concentrate on volume sales
Mon, 03 Jun 2013An Infiniti EV based on the Nissan LEAF (previewed by the LE Concept above) have been put on hold Nissan’s luxury arm, Infiniti, is on a global push to try and make inroads in to the dominance of Lexus in the luxury Japanese car arena, and has ambitious plans to be selling 500,000 cars a year by 2017. But Infiniti sold only a third of that total in 2012, so any chance of hitting the lofty target of 500k cars in the next five years means they must concentrate on volume cars, not niche cars like a Nissan LEAF based EV. That means the LEAF-based Infiniti LE EV Concept we saw at the New York Auto Show in 2012 will stay as a concept for the foreseeable future as Infiniti boss, Johan de Nysschen, seeks volume cars that will push the brand forward and bring proper sales numbers.