auto makers

Many Major Auto Brands See Lower US Sales In March

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Many auto makers had a difficult month in March, posting considerable declines in US sales, defying expectations for an increase compared to the same month of last year. In the final month of the first quarter, many brands on Monday reported sales dropped compared to March 2016, when the industry was seeing record gains. Forecasters … Read more

Peugeot Buys India’s Ambassador Car For $12 Mn

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India’s Hindustan Motors has sold its Ambassador car to France’s Peugeot for just $12 million, capping a spectacular downfall for a vehicle once emblematic of the country’s political class. The CK Birla group, the owners of Hindustan Motors, have sold the car brand for 800 million rupees to the French auto makers, a company spokesman … Read more