SEOUL, June 4 (Reuters) - Hyundai Motor Co (005380.KS: Quote, Profile, Research) said on Wednesday it is targeting growth of more than 35 percent in sales of passenger cars in Russia this year as it plans to launch new models.
Hyundai, the world’s No.6 auto maker along with its affiliate Kia Motors Corp (000270.KS: Quote, Profile, [...]

GENEVA, March 4 (Reuters) - Chevrolet Europe expects to
more than double its annual sales volume to more than 1 million
vehicles within five to seven years, the executive director of
the General Motors Corp (GM.N: Quote, Profile, Research) unit said on Tuesday.
Wayne Brannon, the executive director for Chevrolet Europe,
also told reporters [...]

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SEOUL, April 3 (Reuters) - The chairman of Hyundai Motor Co.
(005380.KS: Quote, Profile, Research) is worried over demand in the United States which has
been falling due to higher fuel prices, the top South Korean auto
maker said on Thursday.
“Demand in the United States has [...]

SEOUL, April 1 (Reuters) - The combined sales of South
Korea’s automakers, including the country’s No.1, Hyundai Motor
Co (005380.KS: Quote, Profile, Research), grew 7 percent in February from a year ago,
helped by sales of new models, data showed on Tuesday.
Hyundai and the country’s four other auto companies sold
495,379 vehicles in [...]

By Chang-Ran Kim, Asia auto correspondent
GENEVA, March 4 (Reuters) - Honda Motor Co (7267.T: Quote, Profile, Research) will
expand its range of gasoline-electric hybrid cars to grab a
bigger share of Europe’s small-car segment, a top executive said
on Tuesday.
Honda, Japan’s second-biggest automaker, now has just one
hybrid model - the Civic [...]

As US-based GMAC Financial Services, one of the world’s leading automotive financing companies, posted a $2.3 billion loss in 2007, the Chinese automobile market is growing. It added two more automotive financial service providers, Fiat Automotive Finance Co Ltd and Dongfeng Nissan Auto Finance Co Ltd, at the beginning of 2008.
Nine global auto giants including [...]

By Soyoung Kim
DETROIT, March 19 (Reuters) - U.S. car dealership group
Lithia Motors Inc (LAD.N: Quote, Profile, Research) has refunded $158,500 to automakers
after finding three of its stores had improperly reported auto
sales in order to take incentive money from the manufacturers,
the company said in filing with securities regulators.
Lithia, the [...]

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DETROIT, March 11 (Reuters) - Audi AG (NSUG.DE: Quote, Profile, Research) expects a
tough market for U.S. auto sales until at least the fourth
quarter but sees no signs that the U.S. economy is slipping
into recession, a senior executive said on Tuesday.
“We certainly are seeing an economic [...]

DETROIT, Feb 27 (Reuters) - Lithia Motors Inc (LAD.N: Quote, Profile, Research) on
Wednesday said the auto retailer’s head of retail operations
had “ended” his employment with the company.
The statement in a filing with the Securities and Exchange
Commission came one week after Lithia said it was reviewing a
potential sales reporting problem [...]

America’s Car-Mart, Inc. (CRMT) is an automobile retailer with 90 dealerships in eight Southern states. The company’s concept is ‘buy here-pay here.’ Customers can purchase, finance and make payments on a vehicle all the same location.
CRMT, a Zacks #1 Rank (Strong Buy), reported third-quarter earnings on March 4 and surprised by 12%. Profit came in [...]