Mitsubishi Motors North America (MMNA) today announced October 2009 sales of 3,867. This is a decrease of 17.9% from last month’s sales of 4,712 (September 2009). “While the sales situation has proven challenging for Mitsubishi Motors in October, we remain steadfast in our commitment to the market and our dealer body,” said Shinichi Kurihara, [...]
Ford Motor Co. said Tuesday sales by its passenger vehicle-making joint venture with Chongqing Changan Automobile Co. rose 80% in October from a year earlier to 20,027 units. The venture’s passenger vehicle sales in the January-October period rose 40% from the same period last year to 188,244 units, the U.S. auto maker also said in [...]
Toyota Kirloskar’s goal to capture 10% of the market by 2018 is an ambitious one considering its share in the last 10 years has dropped from nearly 4% to 2.5% as Toyota Kirloskar Motors which is an equal joint venture between Toyota and Kirloskar Group. [...]
Toyota Motor Corp. plans to invest 30 to 40 billlion yen ($330-$440 million) to build a research and development center in China next year to meet the demands of the local market, the Nikkei Business Daily reported Thursday. The new center will be built [...]
