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Car sales blog. The automotive news.

  • GM will reduce its staff to about 50 from 180 by year end
    25 May 2017

    As part of the efforts to reduce exposure General Motors will slash headcount at its international headquarters in Singapore. GM International -- which oversees markets such as India, Southeast Asia, and South Korea, among others -- will reduce its staff to about 50 from 180 by year end, according to a person with knowledge of the matter.  About 90 employees will leave the company by the end of June and 40 by the end of 2017. Last week, the company said it would take a $500 million charge in the second quarter to restructure operations in India, Africa and Singapore. The company plan...

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  • Toyota transforms America's best-selling car to compete for other titles
    23 May 2017

    Turning the latest generation of the production Toyota Camry into the NASCAR racing version required even more than the usual feats of styling and engineering that went into past transformations. First, the racer hit the track before the production car's launch (the 2018 Camry reaches showrooms this summer), so an extra layer of secrecy was added to the project. Both were unveiled in January at the Detroit Auto Show.  Next, Toyota wants to get as much NASCAR bang for its buck. The brand is looking to take advantage of its racing sponsorships to highlight its move toward more spor...

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  • Ford plans to shrink its salaried workforce in North America and Asia
    15 May 2017

    Ford Motor Co. is doing its best to fight the downturn in the car market but it’s not that easy, and it seems like it’s not that easy, and the fight is almost lost. The major American automaker is preparing for major reductions to its worldwide workforce amid CEO Mark Fields’ renewed efforts to hike profits and address the company’s falling share price.  Ford plans to shrink its salaried workforce in North America and Asia by about 10 percent, and will offer generous early retirement incentives to reduce its salaried ranks by Oct. 1, but the company does not p...

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  • Sports car sales leaving cars in other segments in the rearview mirror
    07 May 2017

    Some of you might ask yourself what’s so special about sports cars? They aren’t designed to go off-road, the biggest part of them have space for just one passenger and still the sports cars sales are up in US this Spring.   U.S. sales of compact sports cars are up 3.4 percent in 2017, while overall car demand is off 12 percent, including an 11 percent slump in April. Truck sales, including crossovers and SUVs, have increased 4.4 percent so far in 2017.The big winner among small sports cars this year is Mazda’s MX-5 Miata, which, after a redesign, got off to a slow s...

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  • BMW sales rose up to 6% last month
    19 Apr 2017

    BMW is a lucky car brand this time, its worldwide sales increased 6% for March. The automaker has delivered 254,862 cars this month, which is a big increase comparing to last year. The company's three premium brands– BMW, MINI and Rolls-Royce – also reported a 5.3 percent increase compared to the previous year, with a total 587,237 cars delivered.  The carmaker has achieved a strong start to the year, with its X-family models and the BMW 7 Series being the main growth drivers. March was the first full sales month for the new BMW 5 Series Sedan and the customer fe...

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