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US: Tesla sees profit mid-year

Tesla Motors has said it should be profitable by mid-2009 and that it has sold out of its Roadster model…

CANADA: Magna warns of ‘worse to come’

Magna has warned that the market is too murky and uncertain to give an outlook for 2009 and warned that…

US: Global light vehicle sales to fall 13% in ’09 – Polk

As the US financial crisis deepens and ripples through the global economy, worldwide light vehicle sales are expected to slow…

INTERVIEW: BMW’s sales chief puts faith in stimulus packages

As the world’s automotive industry braces for a tough year, BMW’s sales and marketing chief Ian Robertson tells Dave Leggett…

UK: West European car sales plunged 25.4% in January

Car sales in Western Europe plunged by 25.4% in January according to data issued by JD Power Automotive Forecasting. The forecasting…