3:15 pm, October 1, 2015
RUSSIA
Two five-year-old Russian boys escaped from their nursery and set off on a mission to buy a Jaguar sports car, according to reports. The youngsters apparently disappeared after escaping under a fence next to their sandpit – they had spent days digging a channel to make their break for freedom. On the outside world, they walked just over a mile to a car showroom selling luxury cars and tried to make a purchase!
CHINA
China’s new car sales fell for a third month in August as auto makers continued to grapple with sluggish demand amid an economic slowdown and slumping stock prices, reported the Wall Street Journal. Sales of passenger cars dropped by 3.4 per cent to 1.42 million vehicles, following a 6.6 per cent decline in July and a 3.4 per cent fall in June. Combined sales of passenger and commercial vehicles fell by three per cent in August to about 1.66 million vehicles, the China Association of Automobile Manufacturers said.
USA
A Maserati dealer has sued Maserati North America, claiming the car company told the dealership to misrepresent sales and discriminated against dealers who refused to do so, according to the website Automotive News. A spokeswoman for Maserati North America said they did not comment on pending litigation.
DUBAI
British sports car manufacturer Caterham Cars is expanding its growing global dealer network with the appointment of a new distributor in the United Arab Emirates. Distinguished dealer group Al-Futtaim has just taken delivery of its first Caterham Seven and has opened its showroom in Festival City.
INDIA
Leading global carmakers including Volkswagen, General Motors, Nissan and Renault are reviewing their blueprint for India to boost sales and avoid more painful cutbacks, according to Automotive News Europe. They have reportedly struggled to win over consumers even as the market starts to expand.
