AUTOS WORLD NEWS
* Chevy beats Ford in 2005
Detroit,Mich,USA -Automotive News -2 Jan 2006: Chevrolet beat the Ford Division in U.S. sales by 17,084 units in 2005, dislodging Ford from the top of the sales chart for the first time since 1986... Chevy sold 899,116 cars in 2005, compared with 742,423 cars sold by Ford... Ford, sold 1,891,618 trucks in 2005. While Chevrolet sold 1,752,009 trucks in 2005...
* Auto sales reach 16.9 million in 2005, up 0.5 percent
Detroit,Mich,USA -Automotive News, by Dale Jewett -4 Jan 2006: ... Toyota Motor Sales U.S.A. Inc. saw its U.S. sales grow 9.7 percent last year to 2,260,296 units, while America Honda Motor Co.'s sales rose 4.9 percent to 1,462,472 units. DaimlerChrysler's U.S. sales, including Mercedes-Benz, rose 4.2 percent to 2,529,254 units for 2005... Nissan North America notched, Nissan and Infiniti sales totaled 1,076,669...
* Both GM, Ford lose
Detroit,Mich,USA -Automotive News -4 Jan 2006: Aside from the Chevrolet-Ford showdown, the top two U.S. automakers had a down year in 2005...
* Toyota narrows gap on DaimlerChrysler
Detroit,Mich,USA -Automotive News -4 Jan 2006: DaimlerChrysler held onto the No. 3 spot in U.S. sales for the year, but Toyota Motor Sales narrowed the gap. At the end of 2004, DaimlerChrysler lead Toyota by 367,585 units. At the end of 2005, that lead had shrunk to 268,958 units, a difference of 98,627 units...
* GM slashes key car prices in China by 11 percent
SHANGHAI, China -Reuters -Jan 4, 2006: General Motors has cut prices on two of its made-in-China models by up to nearly 11 percent as competition heats up in the world's third-largest vehicle market.Shanghai GM, the auto giant's venture with top Chinese carmaker Shanghai Automotive Industry Corp., said it had reduced prices for its Regal and Espica series by as much as $3,222 (26,000 yuan) starting this year...
* Hyundai's China joint venture posts 62 percent jump in 2005 sales
SHANGHAI, China -Reuters -Jan 4, 2006: Hyundai Motor Co.'s China venture posted a 62 percent leap in 2005 sales as new models enticed would-be drivers into the showroom, but sales growth should slow in 2006, the venture said on Wednesday...
* Comments by Jerry Flint On The Automotive Industry
USA -Forbes -3 Jan 2006: The Big Trend U.S. vehicle sales in 2006 will fall from 2005’s levels, to closer to 16 million than 17 million. General Motors and Ford Motor will continue to tumble, with a management change at GM by year's end. The big winner: Toyota Motor...
* Comments by Jonathan Fahey On The Automotive Industry
USA -Forbes -3 Jan 2006: The Japanese are trying to gain back ground they’ve lost as Civics, Corollas and Sentras have become bigger, more powerful, more luxurious--and more expensive. Hyundai, Kia and especially General Motors, with its Chevrolet Aveo, are dominating the small-and-cheap segment. Here comes competition...
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