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BMW Serie 2 #9183031

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    Scotia: Canadian car sales to a record year

    Incentives automakers have pushed Canadian sales of light vehicles and put the country on track for a possible record sales for the year, according to a report from Scotiabank unveiled Thursday. Canadian sales of passenger vehicles have been averaging a seasonally adjusted rate of 1.75 million units in April and May, well beyond the forecast for the year of the financial institution. Therefore,

  • General Motors will make cuts in five of its plants

    General Motors will make cuts in five of its plants

    General Motors (GM) will extend the planned production stops during the time of holidays or make further cuts in its five factories, including in Oshawa, Ontario, when the company has to face the difficulties of the industry American car and fight to remain solvent. GM said Friday it planned to close the Oshawa truck plant sooner than expected. The company had announced in June that it would

  • Jakarta 2010: The Great Indonesian Motor Show

    Jakarta 2010: The Great Indonesian Motor Show

    The 18th edition of the International Motor Show in Jakarta, capital of Indonesia, has just closed its doors after having accumulated several records. First, at the entrances or more than 280 000 visitors took part in the event against 242,000 the previous year. In addition, surveys were beyond 200 companies who took the opportunity to present their different products. This show is also plenty of

  • Toyota expects strong recovery with the acceleration of production in H2

    Toyota expects strong recovery with the acceleration of production in H2

    And production close to normal after July Toyota today announced a near normal production after July return; the company will begin to catch up with production deficits occasioned by the earthquake and tsunami in October and expects to conclude the fiscal year ending March 31, 2011 with a net profit of 280 billion yen. This information was announced today at a press conference in Japan. The

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