Due to the tanking economy and widespread violence, more than 4 million people have left Syria, either taking their cars with them to neighboring countries or selling them. The automobile sector slowly has morphed into a used-car market.
The next-gen Corsa will share platforms, systems and technology with the Citroen C3 and Peugeot 208 models in one of the first synergies emerging from PSA’s pending acquisition of Opel and its Vauxhall twin brand from General Motors.
The Chinese government is backing a boycott of Korean-made vehicles, but in Korea demand for Chinese automaker BAIC’s Kenbo 600 is outstripping supply and imports are being increased.
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See the outlook for the North American auto industry through 2024 at the WardsAuto Outlook Conference on June 6. In addition to our Long-Term North American Sales Forecast, with in-depth detail on WardsAuto's outlook for sales volumes in North America through 2024, we’ll present updates on autonomy, mobility and retail technology. Learn more and register today.
Looking to avoid a repeat of the Dieselgate scandal involving emissions cheating, European Union member countries have agreed on new rules aimed at preventing alleged collusion between automakers and individual governments.
Japan's No.2 automaker says pressure on profits from higher raw-materials costs and a strong yen will be offset in part by a 1.2% increase in U.S. vehicle sales.
