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Hyundai increases its European Market share by 10%
Wed, 20 Feb 2013Despite a weak car sales market across Europe, Hyundai has managed to increase its market share in January 2013 by almost 10 per cent. As we reported just the other day, the European car market is in a bit of a mess with sales down by 9.6% in January 2013 and even the mighty sales of the VW Golf – Europe’s best-selling car – dropping by 17.8 per cent. But despite the European car market falling back, Hyundai has managed to increase its market share in Europe by almost 10 per cent, from 3.3 per cent in January 2012 to 3.6 per cent in January 2013.
Toyota uses cash offers in bid to get rolling
Mon, 19 Jan 2009Coming off a sharp sales decline in December, Toyota Division is trying to lure buyers into showrooms with new cash offers for customers and dealers. Even the Prius is getting support, after having been excluded from the brand's lavish incentive program in the last quarter of 2008. Toyota put $750 in dealer cash on the hood of the hybrid car.
Audi will build electric sports car
Mon, 05 Oct 2009It's official: Audi's e-tron is a go. Audi of America President Johan de Nysschen says an electric vehicle based on the high-performance e-tron concept will debut in the United States in two to three years. The sleek two-seat sports car was unveiled at the Frankfurt auto show last month, but at the time Audi would not confirm plans to produce it.