General Motors is recalling nearly 43,000 hybrid vehicles in the United States and around 500 in Canada to fix a defect that could cause a fire in the trunk, the automaker said Monday. The recall affects Chevrolet Malibu Eco models from the 2013 model year and Buick LaCrosse and Regal...
General Motors Co. sold 237,646 vehicles in the United States in April, up 11 percent compared with a year ago. Retail sales increased 10 percent, fleet sales were up 16 percent and the fleet mix was 28 percent of total sales. “Car-buying conditions are strong and will continue to release...
Audi sold 13,157 vehicles in April, up 14.2%; YTD sales up 15.5% Audi year-to-date sales through the end of April 2013 were 15.5% above the pace set a year earlier when Audi finished with record annual results in the U.S. Sales in April 2013 were only exceeded by the sales...
Ford, GM and Chrysler sold a total of 144,042 full-size pickups, up 29 percent from last April, driven by strength in the U.S. housing industry. Overall sales grew 8.5 percent to nearly 1.3 million. While that’s the industry’s best April total since 2007, the pace slowed from the first three...
Ford Motor Credit Company reported a pre-tax profit of $507 million in the first quarter of 2013, compared with $452 million a year earlier. The increase in pre-tax earnings is primarily explained by higher receivables and favorable residual performance, offset partially by lower credit loss reserve reductions. Ford Credit’s net...
The Race for the First Driverless Car For most drivers the car represents freedom, and to many it is a status symbol. So how many would be willing to give up being in the driving seat? This infographic looks at some of the information available about driverless cars. The Race...
One of the more unique parts of the MINI stable, the soft top MINI Cooper D convertible is recommended if you want to save on your mileage and emissions, while still benefiting from a high performance car. The MINI Cooper D still delivers the go kart like handling of the...
Audi Car Group – Financial Results | Audi: after first quarter key financial figures continue on high level Although the economic climate has deteriorated further in a number of European countries, Audi enjoyed a very successful opening quarter with some 369,500 deliveries to customers. With €11.734 billion revenue for the...
2013 Kia Carens Kia UK has now announced pricing and specification details for the all-new Carens that is now available to order from Kia dealerships across the UK. The all-new third-generation 7-seater Carens completes the design-led revolution that President and Chief Design Officer Peter Schreyer began only a few years...
Chrysler Group LLC today reported its preliminary 2013 first-quarter results, including net income of $166 million on revenue of $15.4 billion. As anticipated, the quarter was negatively affected by the reduced vehicle shipments that resulted from key product launches, namely the 2013 Ram Heavy Duty trucks and the 2014 Jeep...
Ford Motor Credit Company reported a pre-tax profit of $507 million in the first quarter of 2013, compared with $452 million a year earlier. The increase in pre-tax earnings is primarily explained by higher receivables and favorable residual performance, offset partially by lower credit loss reserve reductions. Ford Credit’s net...
The Renault Flins plant, located near Paris, France, was selected by Renault to produce the next-generation Nissan Micra. Production will begin in 2016 at an estimated annual volume of 82,000 vehicles. Nissan, Renault’s Alliance partner, requested the French vehicle manufacturer to produce the next-generation Nissan Micra in Europe at a...
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Auto Speed Market is a car blog with the latest automotive, F1 and car news. Auto Speed Market is trying to provide extra information to car enthusiasts, will be presenting new cars and concepts, prices and statistics of the automotive world. Auto Speed Market also offer tips for buying a new car or second hand vehicle.