French carmaker Renault posted a 6.7% decline in first-half vehicle sales amid a global auto slowdown, but said a forthcoming product offensive would begin to help soften the blow in key markets. The slump was outpaced by a 7.1 percent global market contraction, it added. The sales announcement comes amid gathering gloom for the global auto industry, with major markets in decline and trade barriers looming.
French carmaker PSA Group's vehicle sales fell 12.8% in the first half as emerging markets weighed on its overseas business, challenging the trajectory of the Peugeot manufacturer's recovery. Sales fell to 1.9 million light vehicles in January-June, the company said on Monday, from 2.18 million a year earlier. PSA, which has notched up successive sales and profit records under Chief Executive Carlos Tavares, is due to report full earnings for the period on July 24.
It sounds like those around him thought it was a bad idea.
Lot's of automotive tech coming from CES Asia 2019.
Navy says video shows Revolutionary Guard removing mine from ship hull.
'Bloody hard racing' and practical jokes between friends.
But that's WLTP; Ford also teases new Puma compact crossover.
They'll feature a belt-driven starter/generator in place of an alternator.
Automatic vehicle speed limiter and accident data recorder on the list.
Cars got cheaper in January, but sales were down 46 percent.
Aston Martin and Vauxhall are vastly different companies, but facing similar challenges.
Will also expand 48-volt mild hybrid system to a second Tucson engine.
U.S. tariffs could add thousands of dollars to the cost of automobiles.