French automaker PSA Group and U.S. rival Ford led a 2 percent drop in European car sales previous month, according to industry data released on Tuesday. September registrations dropped to combined 1.466 million cars in the European Union and European Free Trade Area (EFTA), the Brussels-based Association of European carmakers stated. Combined sales of PSA
Japan’s leading automakers are taking pleasure in strong development in China, the world’s top automobile market, bucking concerns about a downturn in the market after tax incentives were cut down this year. Toyota Motor and Honda Motor stated on Tuesday vehicle sales in China increased near 15 percent in September, after strong sales in August.
Volkswagen on Friday reported the highest-ever September sales for its core name brand, with international registrations increasing 8 percent year-on-year to 593,700 vehicles. Nine-month deliveries of the automaker’s largest division by sales and income increased 2.7 percent to 4.49 million autos, with gains in China and the Americas balancing out a drop in western Europe,
Major automakers on Tuesday published higher U.S. new automobile sales in September as customers in hurricane-hit parts of the nation replaced flood-damaged vehicles, extending a rally in their shares that started when Hurricane Harvey struck southeast Texas in late August. Experts and industry specialists had predicted hurricanes Harvey and Irma would provide auto companies with