Car dealers confident despite risks
New vehicle dealers are extremely bullish about future sales activity despite the risk of a disruption to vehicle supplies from possible strikes during wage negotiations, and price increases caused by...
View ArticleUPDATE 2-Canada retail sales flat but higher volumes spur optimism
* Market operators had expected a 0.1 percent rise * Sales rose by 0.7 percent in volume terms By David Ljunggren OTTAWA, May 22 (Reuters) - Falling gasoline prices kept the value of Canadian retail...
View ArticleOIL MARKET IS BEING RESHAPED BY U.S. BOOM
The surge in oil production in the U.S. and Canada and shrinking oil consumption in the developed world is transforming the global oil market. The threat of chronic oil shortages is all but gone, U.S....
View ArticleDetroit Roars Back After Years of Quality Issues
Isaac Davis, a salesman from the Detroit suburb of Southfield said he would love to buy a car from his home state. "But," he lamented, "I just don't think the quality is there." Davis isn't alone. In...
View ArticleGrim reflections: the slow death of an industry
In the mid-1960s, when Australia's trade minister Sir John McEwen was urging Holden and Ford to seek export markets in Asia, the leader of one of Asia's poorest countries decided his country needed a...
View ArticleUsed car prices fall -- but not enough
Story Highlights Used-car prices are falling, and the trend is expected to continueThe drop isn't that big so farSome work vehicles, like big pickups and vans, actually cost more now After rising...
View ArticlePrius leads 2013 California car sales; domestic brands make gains
By Jerry Hirsch Los Angeles Timesmercurynews.com Posted: 05/24/2013 02:53:48 PM PDT May 24, 2013 9:54 PM GMTUpdated: 05/24/2013 02:53:50 PM PDT The Toyota Prius hybrid was the bestselling vehicle in...
View ArticleForeign Cars Boom in 2nd-Hand market
The number of vehicle transfers rose 2.25 percent on-year to a record 1.14 million in the first four month of this year, the Transportation Ministry said. But that does not mean consumer confidence is...
View ArticleStock markets and confidence lifted by US data
World stock markets rallied sharply yesterday, amid hopes of further economy-boosting moves by central banks and data showing US consumer confidence at a five-year high. European shares headed back...
View ArticleText: Federal Reserve meeting minutes
A meeting of the Federal Open Market Committee was held in the offices of the Board of Governors of the Federal Reserve System in Washington, D.C., on Tuesday, April 30, 2013, at 2:00 p.m. and...
View ArticleFOMC Minutes April 30-May 1, 2013
Tweet Send to a Friend Developments in Financial Markets and the Federal Reserve's Balance Sheet The Manager of the System Open Market Account (SOMA) reported on developments in domestic and foreign...
View ArticleAs Yen Tumbles, Japan's Gain Isn't South Korea's Pain
South Korea's economic problems aren't made in Japan. That isn't the way it looks in the two rival exporters' stock markets. Investors convinced that Japan's weakening yen will help its companies claw...
View ArticleCalifornia's new car industry driving to recovery
Andrea Sturm | iStockphoto Californians registered more than 400,000 new light vehicles in the first quarter of this year. Staff Writer and Social-Media Strategist- Sacramento Business Journal | | |...
View ArticleUtility Vehicles Driving Ford to Unprecedented Sales Gains in Critical...
(Source: Ford Motor Company) Ford utility vehicles making unprecedented gains in California; Ford brand retail utility share now more than 15 percent in the first quarter, almost 6 percentage points...
View ArticleCanada's balance of international payments, first quarter 2013 (Statistics...
(Source: Statistics Canada) Canada's current account deficit (on a seasonally adjusted basis) narrowed $0.5 billion to $14.1 billion in the first quarter. This change largely reflected lower deficits...
View ArticleCurrent market report: HAGI Mercedes-Benz Classic Index (MBCI) in April 2013...
(Source: Daimler AG) Stuttgart - Numerous exclusive classics from Mercedes-Benz are amongst the most valuable vehicles in the world. Just how valuable they are is regularly tracked, for example, by...
View ArticleNew car sales buck downturn in growth
Roy Cokayne NEW VEHICLE sales bucked the trend evident in the slowdown in South Africa’s economic growth figures to achieve solid growth in overall volumes last month. Figures released yesterday...
View ArticleMassive foreign trade surplus recorded in Q1 2013 (Government of the...
(Source: Government of the Republic of Hungary) According to the latest flash report on foreign trade turnover by the Hungarian Central Statistical Office (KSH), in the initial three months of this...
View ArticleWeak rand unlikely to lure foreign home buyers - FNB
Roy Cokayne The substantial depreciation in the value of the rand against foreign currencies, which has made South African residential property significantly cheaper for aspirant foreign home owners,...
View ArticleExperian Marketing Services reports multichannel retailers had highest...
Q1 2013 email benchmark report shows email volume increased 11.6 percent; Enhanced email receipts increased revenue per email by 360 percent Download image E-receipts Email Trends....
View ArticleWith new China plant, Volvo hopes to hit 2020 sales goal early - executive
By Norihiko Shirouzu CHENGDU, China (Reuters) - Chinese-owned Swedish automaker Volvo Car Corp expects to be selling 200,000 cars a year in China by 2018, a senior executive said, two years ahead of...
View ArticleEuro wine trade to China faces curbs
Beijing - China's rapidly growing urban middle class has fuelled a boom in wine sales over the past decade and offered a lifeline to ailing European vineyards, especially in France. That lifeline could...
View ArticleSamsung, Sony Court Indians as Subsidies Fund Factories
Global technology companies such as Samsung Electronics Co. (005930), Apple Inc. (AAPL) and Sony Corp. (6758) are poised to see surging sales in India as the country’s anemic tech manufacturing sector...
View ArticleGerman Industrial Output Jumped Most in a Year in May
German industrial production (GRIPIMOM) surged the most in more than a year in April as construction activity surged after an unusually long winter damped output. Production jumped 1.8 percent percent...
View ArticleS. Korea's imported car sales rise on demand for European cars
SEOUL, June 7 (Xinhua) -- Imported car sales in South Korea rose last month due to continued demand for luxury car brands from European and promotion efforts by foreign companies, industry data showed...
View ArticleResearch and Markets: Research Report on Automobile 4S (Sale, Sparepart,...
DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/2v8975/research_report) has announced the addition of the "Research Report on Automobile 4S (Sale, Sparepart,...
View ArticleSamsung Electronics loses $12 billion market value on smartphone worries
By Miyoung Kim SEOUL (Reuters) - Samsung Electronics Co lost $12 billion (7 billion pounds) in market value on Friday, hit by brokerage downgrades that have underscored concerns about slowing sales of...
View ArticleCar-shoppers buying with confidence
Drive news services Auto sales rose in May, helped by stronger consumer confidence and a rebound in home sales and construction. General Motors Co., the nation’s largest automaker, said its U.S. sales...
View ArticleSouth Africans count the cost of global currency shifts
By Stella Mapenzauswa JOHANNESBURG (Reuters) - When South Africa's rand tumbled to a four-year low, black market currency dealer Valeria raised a quiet cheer; a trip to the wholesaler where she buys...
View Article>US auto sales roar back in May, led by pickups
DETROIT (AP) — Full-size pickups once again dominated U.S. auto sales in May, as small businesses — increasingly confident in the economy — raced to replace the aging pickups they held on to during the...
View ArticleUS auto sales roar back in May, led by pickups
Full-size pickups once again dominated U.S. auto sales in May, as small businesses — increasingly confident in the economy — raced to replace the aging pickups they held on to during the recession. Car...
View ArticleSamsung Elec loses $12 billion market value on smartphone worries
SEOUL (Reuters) - Samsung Electronics Co lost $12 billion in market value on Friday, hit by brokerage downgrades that have underscored concerns about slowing sales of its flagship Galaxy S4 smartphone....
View ArticleRetracing the fall of the car industry
An Australian classic: the 1971 Ford Falcon XY GTHO. In the mid-1960s, when Australia's trade minister Sir John McEwen was urging Holden and Ford to seek export markets in Asia, the leader of one of...
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