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Skoda, Volkswagen Group's unit is considering whether to sell cars in the U.S. where its parent was seriously compromised by the diesel emissions scandal. The Czech value brand is not yet present on the U.S. market, but its spokesman mentioned that it's time to consider the potential of the North American market for the automaker. Skoda has filed several trademarks at the U.S. Patent and Trademark Office. Media reports earlier this month said the brand has filed to protect in the U.S. the names of the Superb sedan, Octavia hatchback and Yeti small SUV.&nbs...
The growing popularity of crossovers and SUVs on the U.S. market is no more a secret, but lately more and more experts speak about a sweeping growth of the hatchbacks demand. The U.S. market for hatchbacks is expected to grow faster than any of the other nine vehicle body styles according to the results of a specialized research. As specialists expect a 37 percent growth in U.S. hatch sales through to 2020, to 1.1 million vehicles, some of the biggest automakers are supplementing their car lineups with five-doors. Potential high-volume entries such as the Honda Civic and Ch...
Nissan may have gotten huge North America profits but it didn't stop the company from feeling concerned.The extra car sales are being appreciated a lot by CEO Carlos Ghosn but does it mean now they depend too on the U.S.? The company needs to rebalance its global footprint to tap other profit centers. The company isn't planning to reduce the profit on North America but simply wants to find some new pillars of profit by the time the auto sales in North America go down. The company realizes that the economy of U.S. started to slow down and the country won't bring profits forever.&nbs...
Toyota Motor Corporation has recently declared that the company has recorded sales of 9 million hybrid vehicles. Toyota is currently selling thirty-three hybrid passenger car models and one plug-in hybrid model in more than ninety countries and regions. The Japanese car maker has recorded sales of 9.014 million units as it was declared on April 30. As for the the hybrid revolution in particular, it started with the Prius, which was launched in December 1997 in Japan and then subsequently in Europe and America. Prius still remains one of the most popular and spread hybrids on the...
Hyundai and its affiliate Kia sold an impressive number of 146,400 cars in the Chinese market last month, accounting for a combined 9.2 percent of the market. The CEO of Hyundai Motor America, Dave Zuchowski, has plenty of changes and challenges to deal with in order to reach a similar success on the U.S. market.In April the two automakers sold in China a total of 1.6 million cars. They took up over 9 percent of the Chinese market for the first time this year. Their combined market share continued to grow from 6.1 percent in January to 7.7 percent in February...