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Chrysler, VW, Kia and Toyota set March sales pace

U.S. light-vehicle sales--aided by Chrysler Group, Volkswagen Group, Hyundai-Kia and Toyota Motor Corp.--rose 13 percent in March to 1.4 million units, with demand for smaller, fuel-efficient models, redesigned vehicles and pickups driving the gains. Even with gasoline prices exceeding $4 a gallon in many parts of the country, the seasonally adjusted sales rate for March hit 14.4 million units.

Bristol Cars collapses into administration (2011)

Bristol Cars has collapsed into administration, it emerged overnight. The curio car maker from Bristol just couldn't make ends meet as sales dried up and the company's directors were forced to call in the administrators when it couldn't afford to keep the business alive. Recovery specialists RSM Tenon are handling the administration and hope to find a buyer for Bristol as a going concern.

European car sales crash

Renault saw its sales fall 23.7 per cent in February Car sales across Europe have fallen nearly 10 per cent in the economic gloom, with Renault, Peugeot Citroen, Fiat and Opel the big losers. There’s been a big decline in new car sales across Europe in February, with monthly sales down almost ten per cent compared to 2011, and it’s the mainstream car makers who are suffering the most. Sales for Renault are down by a massive 23.7 per cent to 86,402, Peugeot Citroen did almost as badly with a drop of 16.5 per cent to 118,381 and Fiat suffered the same percentage drop with sales of 66,249 (Alfa Romeo sales actually fell by 28.5 per cent).