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  • Volkswagen car sales drops in the United States
    16 Sep 2015

    Volkswagen car sales moved backward in August in the United States. The world’s largest car manufacturer sold 32,332 cars, less than from the 2014 year.Only Golf SportWagens sales were 2,478, the rest is miserable numbers. It is a new model, so 100% of its sales are a lift to the Volkswagen in America. Base Golf sales - 5.6% to 1,873. Sales of the Golf R - 5.9% to 1,709.Sales of the iconic Beetle - 26.8% to 2,127. Sales of the Jetta Sedan, VW’s best-selling model - 17.9% to 11,002. VW Passat - 19.4% to 7,409.Management said that VW would do better next year:&ldq...

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  • Porsche is going to sell its new hybrid model
    16 Sep 2015

    The world's biggest carmakers have made a fresh show of electric Porsche capable of travelling 500km on a single charge and refuelling to almost 15 minutes.The new electric Porsche Mission E concept car is presented during the Volkswagen group night at the Fraport arena in Frankfurt am Main, Western Germany, on September 14, 2015The 100 % electric Mission E boasts an 800-volt drive system 600 hp.Though it loses out to the Model S in terms of acceleration — doing 0-60mph in 3.5 seconds, versus less than 3 seconds for Tesla — the charging time is impressive. Porsche says it can r...

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  • US Car Industry Grows
    14 Sep 2015

    In June, the National Automobile Dealers Association (NADA) rates making cars more expensive to finance, a drop in used car prices and to keep cars longer. A projection by Bank of America Merrill Lynch indicated that auto sales could rise to 20 million new cars by 2018. The less-good news for the automakers is that the analysts expect “a very significant downturn after that.”Americans are buying more cars now, the number of miles driven today is down about 6.7% compared with June 2005. On the basis of just total miles driven, in August U.S. drivers posted a new record of nearl...

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  • Toyota Says More Than 50 Staff Injured in China Port Explosions
    14 Aug 2015

    BEIJING/TOKYO (Reuters) -- Toyota Motor Corp. said on Friday more than 50 of its employees were injured by Wednesday night's explosions in the Chinese port of Tianjin that killed 56 people."We have now heard that over 50 employees who live in the surrounding area, including in company accommodation, have been injured," Toyota said in a written statement.Toyota said it was not aware of any employee deaths.The explosions resulted in broken windows at two dealerships, one operated by FAW Toyota Motor Sales Co., Ltd., and one operated by GAC Toyota Motor Co., Ltd, Toyota said, adding...

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  • Virtual Used-Car Dealers Gain Traction
    06 Aug 2015

    By JERRY HIRSCH - Los Angeles TimesA move from transit-rich New York to car-crazy Los Angeles prompted Manuela White to spend more than $17,000 on a used Toyota Corolla sight unseen with just a click on her laptop.White, 25, purchased her car from Beepi, which along with start-ups that include Carvana, Shift, Vroom and others is creating a new digital business model selling and buying used cars. They provide a virtual showroom and handle the marketing and much of the legal paperwork online, guaranteeing minimum prices to sellers and full refunds to buyers if they regret their purchase within a...

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