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Super cars news integrated foreign reports, August, Italy market automobile sales for 68,718 units, compared to the same period last year declined 19.3% become nearly 17 years minimum monthly sales levels.

Automobile sales in August, Italy is the beginning of this year's fifth consecutive monthly decline. The main reason for the decline in the Government subsidy policy of termination, as well as Italy depressed economic environment.

As far as Italy Centro Studi Promotor of institutions: "the whole Italy automobile market is in a low ebb, and this State will be the next few months continued. ”

In August, Italy domestic automobile manufacturers representing Italy Fiat market share from 30% in July rose to 30.7%, but with the same period last year 33.6% market share compared to is still a certain gap.

(Super car network)

Super cars news as far as Japan business news coverage, Mitsubishi Peugeot automobile and plan in Peugeot Citro?n (PSA) Spain Vigo factory production of the new electric car.

According to reports, Peugeot and Mitsubishi will be 2012 years ago in Spain produces a electric vehicles, and in the European market. Annual capacity is expected to be from thousands of vehicles up to 3 million to 5 million units. This type of target customer for postal transportation companies and Government departments, Government subsidies, the price is expected after less than 2 million euros (about $ 25,600).

For more reports, Mitsubishi Corporation denied and Peugeot production electric vehicle plans. And just a few days ago, Elena Salgado, Minister of economy of Spain said that the Government of Spain and Mitsubishi is the establishment of an electric vehicle battery factory negotiations.

Mitsubishi and Peugeot in European development and supply of electric has signed a cooperation agreement. Mitsubishi consent on the basis of electric vehicles in i-MiEV respectively manufacturing for Peugeot and Citroen iOn and C-Zero models. These two models will start production in October this year, and sales at the end of the year.

Peugeot Citroen Vigo plants employ about 7000 employees, production of Citroen C4, C4 Picasso, Pablo Picasso, Pablo Picasso and Xsara.

(Super car network)

According to BMW Germany automobile company published reports, BMW in August this year for the third consecutive month in u.s. sales of more than Lexus Toyota, according to the United States luxury car sales ranking first.

BMW 1 series in the month of August in the US sales rise vehicle 53 per cent rise in sales of cars 7 42 per cent of the total sales volume rose to 19540. According to Toyota's report, August their flag under luxury brand Lexus sales volume in the United States dropped 15% to 19465.

BMW North America CEO Jim ・ Oddo Nell April said, BMW has confidence in the United States market by the year 2012 luxury car sales in the first goal.

Toyota's Lexus is 2009 United States luxury car sales champion, but this year has been by Mercedes-Benz and BMW new cars. As of August, Lexus is cumulative with 145490 units sold in leadership, sales of Mercedes-Benz, BMW 139867 139236 vehicles.

By virtue of the financial crisis in the United States market achieved a net growth of sales volume, as well as in the first half of this year in the United States market sales grew 21% of performance, Korea modern over the past two years, the automobile became increased momentum in the most violent of automobile enterprises, even was beyond Toyota became the world's largest automobile enterprises of Germany mass , automobile company will surpass goals turned to modern. Today, modern again announced in the next 10 years leading the development of a new group of "Vision 2020".

Although modern currently encountering problems due to recall vehicles wire, and fire accidents might occur, will be included in the three China sales models, global 8.59 million vehicles recalled, however this does not seem to have affected modern Automobile Group President Koo's ambition.

Yesterday, the China business news "from Hyundai Motor (China) investment co., Ltd. was informed that the modern specific goals, every year the brand awareness and image of increase 20%; production failure does not occur within the next 10 years; 2015 in all areas of the world are achieving quality; maintain TOP1 of the world's leading-edge environmental car development standards and automobile collision safety performance.

The current row in the Toyota, General , Volkswagen, Nissan Reynolds - after Korea Automotive Group also intends to 2010 as a starting point, after ten years of the internal combustion engine fuel efficiency 30%; in the entire automotive sector remains the best technologies and products.

"The Chinese market as the most modern vehicle overseas market, future in the China market will put more power. " KIA modern Auto China related official said.

In this ambitious plan announced on that day, but there came the KIA, Vice-Chairman of the Sung Eun Jeong have on September 3, the initiative's resignation, the reasons for the KIA global recall happened recently.

The last two months, Korea modern KIA group of automotive products repeatedly subjected to United States Highway Safety Administration (NHTSA). Korea media generally question the United States out of market protectionism against modern hot cars for safety investigations, as the Thunder is world of Toyota in the recall as the door.

Since 2009, the financial crisis caused the United States market, Hyundai, KIA, Fuji heavy industries three companies in the United States achieved a net increase of sales. The first half of this year, in the United States market, Hyundai, Kia automotive sales total more than the same period last year increased by 21%.

Ready to dominate the world automobile market of Volkswagen change overtaking target is not unfounded. Last year, the turnover of the modern automobile and Toyota 50%, but profits were $ 23.30 over Toyota and Volkswagen.

According to Hyundai Motor Group internal sources, by 2020, Hyundai Motor's goal is to achieve and Toyota, Volkswagen Group, ranked third in the world. This year the Group's global sales plan 540 million units, an increase of 16.3%.

According to the United States Department of energy announcement yesterday, this weekend, gasoline prices remain relatively low price point. Although compared to last year, the oil price by 9 cents per gallon to $ 2.68, but still better than the $ 3.68 2008, 2007 and 2006 was $ 2.80 2.73 dollar reduced a lot.

United States Government also indicated that the expected September gasoline prices continued to decline until the third quarter. Currently lower crude oil prices, higher oil reserves as well as the relative weakness of the fuel demand is causing oil prices to go down. For sale or driving SUV or trucks and other high car fuel consumption of people is undoubtedly good news.

However, everything always has both advantages and disadvantages. Oil prices low for some automobile manufacturers is not a good news. For flagship hybrid or electric vehicles, such as Chevy Volt, Nissan Leaf manufacturers, oil prices move up is more conducive to their product sales. For most people buying new cars, in oil prices, spend thousands of dollars to buy a bike or a hybrid vehicle that is clearly not cost-effective.

During 2008, oil prices continued , Ford makers realize that we must seize the opportunity to change consumers ' purchase habits that make them abandon truck, select more economical cars. But in the current oil prices go low (less than 3 dollars per gallon), the leading manufacturer of energy saving and environmental protection are difficult to change consumers ' body and vehicle speed.

However, for some people who promote environmental protection, many took some money buy electric or hybrid cars are recommendable for the Government to grant subsidies and more attractive. (Global network of auto channel Trainee journalist Gong Mandarin)

(Global network of automobile)