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May sales slide 4 percent on rising fuel prices, tight vehicle supplies
Wed, 01 Jun 2011U.S. light vehicle sales dropped 4 percent in May--the first decline since August--as rising gas prices, inventory shortages, higher stickers and economic jitters curbed demand. The pace of sales last month--11.78 million units on an annualized basis--was the year's lowest and marked the first seasonally adjusted total below 12 million units in seven months.
BMW DesignworksUSA to revamp Singapore Airlines
Tue, 28 Aug 2012BMW DesignworksUSA has been set the task of developing Singapore Airlines' new First Class seats and cabin interior. Given the fast-paced improvement in the quality of premium Asian air travel – Emirates and Cathay Pacific are two examples – Singapore Airlines has decided to revamp its First Class area while upgrading its in-flight entertainment system. The chief redesign will be limited to its First and Business Class sections as those are the main sources of revenue but economy passengers will see upgraded headrests and seating.
Diesel and hybrid sales up for 2012
Mon, 23 Apr 2012When gasoline prices go up, sales follow—especially sales of diesel and hybrid cars. Diesel sales have risen a whopping 35 percent in the first quarter of 2012, according to data compiled by www.hyrbidcars.com and Baum and Associates. A total of 28,260 oil burners changed hands.