Toyota Reports US$6.9 Billion First Quarter Loss

Toyota Reports US$6.9 Billion First Quarter Loss

It’s been one hell of a ride for Toyota in the last couple of years. Prior to ‘the great economic unpleasantness’, the Japanese automaker had positioned itself securely as the number one car company in the world and the poster-child for profitability.

Toyota, however, hasn’t managed to avoid the global recession and massive shake-up in world [...]

New Car Registrations Hit 28-Year Low In UK

New Car Registrations Hit 28-Year Low In UK

It appears that Australian dealerships are not the only ones doing it tough. According to The Wall Street Journal, new-car registrations in the UK have dropped to their lowest point in 28 years, with 2008 November figures falling 37 percent compared to the same period in 2007.

The rest of Western Europe is also experiencing [...]

Kia Defies The Dowturn: Posts Increase In Global Sales

Kia Defies The Dowturn: Posts Increase In Global Sales

 

With the trickle of ‘doom and gloom’ news items that are hitting our inboxes rapidly turning into a flood, it is refreshing to learn that not all manufacturers appear to be feeling the pain - yet.

Kia has announced an increase in global September sales, with sales for the month up 2.7 percent on the same [...]

New car sales slump in Japan

New car sales slump in Japan

While Audi celebrate a record 500,000 worldwide sales in a half year period and Australian’s stockpile fairy bread in anticipation of the ‘1,000,000 sales in a calendar year’ record being reached in December, its all looking a little bleak for Japan.

Ironically Japan, the home of the world’s largest and most successful car manufacturer Toyota is [...]

With some cars and SUVs now boasting race-car power, which of the following is closest to your MOST STRONGLY-HELD view:

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