New car sales grew a remarkable 19.7% to 62,354, having risen 18.4% year-on-year to 41,300 units in H109, according to the Slovak Automotive Industry Association .
Auto dealership group Sonic Automotive Inc. will offer up to $210 million in senior subordinated notes to institutional buyers, the company said Tuesday.
Russia's 'cash-for-clunkers' program, which began on Monday, may fall short in its goal of boosting new-car sales because of bureaucratic red tape and corruption, dealers and analysts said.
NEW DELHI: Auto giant Ford launched its bid to enter India's lucrative small car market yesterday, unveiling a brand new model to compete with international rivals from General Motors, Volkswagen and Hyundai.
Tags: smallcarindiaford
Retail sales posted a surprising increase in February as consumers did not let major snowstorms stop them from storming the malls.
Tags: februarysalesretailrise
China's auto sales reached 1.2 million units in February, up sharply compared with the same month a year ago but below the monthly record set in January, an industry association said.
GMAC Inc. , the auto and home lender rescued by the U.S. government, may have overpaid its top executives after receiving taxpayer funds, according to a report by the panel overseeing the Troubled Asset Relief Program.
Les Schwab Tire Centers has paid $2 million to settle a hiring discrimination suit brought four years ago by the U.S. Equal Employment Opportunity Commission.
Tags: lesmillionpayssuit