Results for car industry: 3455

GERMAN automaker Daimler AG today reported a 鈧�1.53 billion fourth-quarter loss and warned that sales of its marquee Mercedes-Benz cars would decline through 2009 because of the economic meltdown's pinch on the automotive industry.

Shanghai, February 16 (Gasgoo.com) Latest industry data show that Guangdong province passed its close rivals Jilin, Shandong and Zhejiang to generate the largest value of automotive output in the second half of 2008, Guangzhou Daily reported today.

Sichuan Auto Industry Group Co, one of the smallest car makers in China, is in talks competing to buy General Motor Corp's Hummer sport-utility vehicle unit, three people familiar with the matter said.

RENAULT SA, Dongfeng Motor Group Co or Chang'an Automobile (Group) Ltd may acquire Ford Motor Co's Volvo Cars unit, Dagens Industri reported, without saying where it got the information.

Shanghai Volkswagen, a joint venture between the Shanghai Automotive Industry Corp (SAIC) and German Volkswagen, replaced FAW VW as the market leader in January with sales hitting 40,000 units, the Xinhua news agency reported Tuesday, citing data released by the China Association of Automobile Manufacturers (CAAM).

ALTHOUGH China's used car sales increased by a slower 3 percent last year over 2007, they are set to accelerate more than 3 times to 9 million units by 2012 and to grow more rapidly after that, industry observers said.

NEW DELHI, Feb 9 - Car sales in India fell 3.2 percent in January to 110,212 units from a year earlier, an industry body said on Monday, the sixth drop in seven months with economic...

Fiat (FIA.MI) will decide within a year whether to take another 20 percent of troubled U.S. car maker Chrysler for $25 million, a source close to the Italian industrial group told Reuters on Wednesday.

INDUSTRY analysts said the government incentives for the automotive industry will not be strong enough to turn the sagging vehicle market round this year though they were welcomed by car makers.

NEW DELHI, Jan 12 - Car sales in India fell 7 percent in December to 82,105 units from a year earlier, an industry body said on Monday, the fifth drop in six months as high...