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Policy makers at the Federal Reserve on Wednesday announced an increase in interest rates for the first time this year and only the second time since the depths of the Great Recession and there are expected to be at least some repercussions for trucking.

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New Models Boost Jaguar Land Rover Sales

Jaguar Land Rover increased global retail sales 16% to 132,700 in the quarter ending June 30 on the strength of three new models, the United Kingdom-based automaker reported.

Porsche Reaches 200K Sales Milestone

Porsche AG has sold more than 200,000 vehicles globally for the first time in the brand's history with 209,894 vehicles delivered through November.

OEMs to Sell 16.5M Light-Duty Vehicles

Vehicle manufacturers should sell 16.5 million light-duty vehicles in retail and fleet channels in 2014, which represents a 6 percent increase from 2013 amid the backdrop of an improving U.S. economy, according to Edmunds.com.

Global Auto Markets Continue to Grow

New registrations in Western Europe climbed by almost 6 percent, the U.S. auto market grew by more than 9 percent, and passenger car sales in China rose by 8 percent, according to a report by the Verband der Automobilindustrie (VDA).

Porsche Macan Catching On Slowly

From May through August, Porsche sold 3,947 Macan compact SUVs. The Macan has outsold the Panamera among Porsche models this year by two units.

Global Automotive Market Recovery Continues

Global automotive growth was seen in the passenger car markets in Western Europe (+6 percent) and Japan (+19 percent), while, in China, demand for passenger cars recorded a double-digit increase (+22 percent).

Europe, China Post Strong January Auto Sales

In January, the European, Chinese, and Japanese auto markets posted substantial gains. In contrast, the auto markets in the U.S., Russia, and India saw their market sales contract.

Volvo Shifts Sales Strategy Away From Rental

North America remained Volvo's largest market just ahead of China for 2013, as the automaker reported a 10.1% decline in sales partly due to a shift toward retail sales and away from rental fleet sales.