MOSCOW  - The latest models gleam at the Moscow car show, but Russian sales have dropped because of the Ukraine crisis and the shine has gone off a key growth market. Hostesses in cocktail dresses and high heels fawn over the cars as they do every year, and sober-suited executives boast about the newest features, but the smiles seem somewhat forced at this edition of the Moscow International Automobile Salon. More than one million people are expected ...

KARACHI: The first month of the current fiscal year started with depressed sales of locally assembled vehicles. However, tractor industry sales improved in July 2014 to 2,767 units (Fiat 1,056 units and Massery Ferguson 1,703 units) from 1,302 units (Fiat 578 units and Massey Ferguson 724 units) in July 2013. Pakistan Automotive Manufacturers Asso­ciation (Pama) figures revealed a decline in car sales to 5,911 units in July 2014 from 9,288 units in ...

KARACHI: Sales outlook for a leading Japanese local car assembler appears positive for the current and next fiscal year after getting additional orders for supply of 50,000 vehicles to the Punjab government. The Pak Suzuki Motor Company Limited (PSMCL) has entered into an agreement with Bank of Punjab last week for sale of 50,000 units of Suzuki Ravi and Suzuki Bolan Van under “Apna Rozgar Scheme” of Punjab government. The car assembler informed ...

BERLIN: Germany's BMW said on Tuesday that sales of its core luxury-car brand increased 7.3 percent in June to 164,214 autos, powered by demand in China and the United States.

BMW's six-month deliveries were up 10.2 percent at 886,347 cars, the Munich-based manufacturer said, outselling rivals Audi and Mercedes-Benz.

Adding the Mini and Rolls-Royce brands, the BMW group posted new record sales levels in June as well as for the first six months.

Group volume rose ...

BERLIN: New car sales in Germany declined 2 percent in June, held back by fewer working days than a year ago, the VDA auto industry association said on Wednesday.

Adjusted for work days, German car sales rose slightly in June, the association said and it reaffirmed its outlook for a slight improvement in German car sales this year.

Registrations of new cars in Europe's biggest auto market fell to 277,600 vehicles, the second drop in the past seven months, slowing the yea ...

WARSAW: Poland's retail sales growth slowed to an annual 3.8 percent in May, a smaller increase in sales than economists had expected, as a tax loophole caused car sales to drop.Analysts said the sales data could increase the chances the central bank would cut interest rates.The consensus forecast for May retail sales was 6.8 percent growth year-on-year, after 8.4 percent growth in April, but car sales dropped 5 percent last month. All the other major retail- sales components rose year ...

TOKYO: Japanese automakers on Monday recalled nearly three million vehicles worldwide over an airbag defect that could pose a fire risk.  

Honda said it recalled about 2,033,000 vehicles which were produced between August 2000 and December 2005, including more than one million in North America and 668,000 in Japan.  

Two other automakers -- Mazda and Nissan -- also recalled ...

FRANKFURT: BMW said on Monday it had extended its joint venture with Brilliance China Automotive Holdings until 2028, a move which analysts say would help both companies continue expanding in the world's largest car market. BMW declined to comment about the details of the contract extension between the two companies, or say whether this entailed more ambitious expansion plans. Brilliance China Automotive Holdings also declined to comment. The Munich-ba ...

TOKYO: Honda Motor Co and other Japanese automakers on Monday recalled more cars with potentially explosive air bags supplied by Takata Corp, bringing the total recall so far to around 10.5 million vehicles over the past five years. The series of recalls cover both passenger-side and driver-side air bags, which the world’s second-biggest automotive safety parts maker manufactured in 2000-02. The total ranks it among the five biggest recalls in the industr ...

TOKYO: Japan's Honda Motor on Monday recalled more than two million vehicles worldwide over an airbag defect that could pose a fire risk. Honda said the recall covers about 2,033,000 vehicles which were produced between August 2000 and December 2005.