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Paddy Lowe to join Mercedes F1 team effective June 3
Gerald Ferreira, Email, 22 May, 2013
Paddy Lowe will be joining the Mercedes Formula One team as its technical executive director, effective June 3, 2013, the week of the Canadian Grand Prix. Lowe had a contract to serve as technical director for McLaren until end of 2013.... Read more about Paddy Lowe to join Mercedes F1 team effective June 3
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US court approves bankruptcy exit plan of B456 Systems
United States Bankruptcy Judge Kevin Carey has approved the bankruptcy exit plan of B456 Systems Inc., formerly known as A123 Systems Inc. The bankruptcy exit plan entails paying the... Read more about US court approves bankruptcy exit plan of B456 Systems
Cramer-Krasselt will continue to handle the creative account of Porsche in the US
Cramer-Krasselt will continue to handle the creative account of Porsche in the United States. The German carmaker has decided to let Cramer-Krasselt handle its creative account following... Read more about Cramer-Krasselt will continue to handle the creative account of Porsche in the US
Strike at Mercedes-Benz site in South Africa ends after 2 days
Workers at Mercedes-Benz's East London site in South Africa have stopped their two-day strike following crisis talks between management and the National Union of Metal Workers of South... Read more about Strike at Mercedes-Benz site in South Africa ends after 2 days
BrandZ ranks Toyota as most valuable auto brand in 2013
Toyota is now the most valuable automotive brand, according to the study published by market research company Millward Brown. The Japanese carmaker’s 2013 brand value surged 12 percent... Read more about BrandZ ranks Toyota as most valuable auto brand in 2013
Subaru unveils pricing for 2014 Legacy and Outback models
Subaru of America, Inc. has disclosed the pricing for its 2014 Legacy and Outback model lines. The 2014 Subaru Legacy has a starting price of $20,295, making it one the most affordable... Read more about Subaru unveils pricing for 2014 Legacy and Outback models
Tesla may fully repay DOE loan as early as Wednesday
Tesla Motors Inc. may fully repay a loan taken from the United States Department of Energy early as Wednesday, chief executive Elon Musk said in a message on Twitter. Musk also tweeted... Read more about Tesla may fully repay DOE loan as early as Wednesday
Nissan GT-R Gentleman Edition makes its debut
Nissan has just announced that it will introduced the GT-R Gentleman Edition in France! Based on the GT-R Black Edition, the Gentleman Edition GT-R is the first limited series that was... Read more about Nissan GT-R Gentleman Edition makes its debut
Three former executives of Saab arrested on accounting fraud charges
According to the latest media reports, it appears that three formers executives of Saab were arrested due to fraud charges. Swedish prosecutor Olof Sahlgren said that the executives are... Read more about Three former executives of Saab arrested on accounting fraud charges
Infiniti electric vehicle will showcase induction-based charging technology
There is no secret that Infiniti is planning a luxury electric car based on the Nissan Leaf but what we don’t know is that the new EV hinges on a standard process of induction charging... Read more about Infiniti electric vehicle will showcase induction-based charging technology
Renault unveils the Megane Renaultsport Red Bull Racing RB8 Edition
Renault unveiled today a special Megane R.S., its second model that will be available in the colours of Red Bull Racing. As expected, the new special limited edition version packs... Read more about Renault unveils the Megane Renaultsport Red Bull Racing RB8 Edition
Financial manager for Detroit mulls talks with unions and creditors
Kevyn Orr, the appointed emergency financial manager for the near-bankrupt city of Detroit, has submitted his first report to Michigan Governor Rick Snyder, outlining things that may be... Read more about Financial manager for Detroit mulls talks with unions and creditors
Korean preference for luxury cars shifting to foreign brands
More and more customers in South Korea are opting to acquire luxury vehicles built by foreign carmakers instead of local ones. The reason is obvious – foreign luxury carmakers now offer... Read more about Korean preference for luxury cars shifting to foreign brands
Continental names Ralf Cramer to head operations in China
Continental has appointed Ralf Cramer as chief of its operations in China, which it expects to greatly boost its growing operations in Asia. The appointment becomes effective on August 1,... Read more about Continental names Ralf Cramer to head operations in China
Toyota to hike lithium-ion battery output to 200,000 units a year
Japanese carmaker Toyota Motor Corp. is intending to hike production of lithium-ion batteries six-fold to 200,000 units a year, according to a report by the Nikkei business daily. Without... Read more about Toyota to hike lithium-ion battery output to 200,000 units a year
Over 100 Aston Martins joined centenary parade at Nordschleife
More than 100 Aston Martin sports cars took part on a parade on May 19, 2013 at the infamous Nordschleife road circuit in Germany as part of Aston Martin’s celebration of a century of... Read more about Over 100 Aston Martins joined centenary parade at Nordschleife
Sogefi raises $115 million from bond placement in the US
Sogefi has sold $115 million in bonds to investors in the United States in a private placement, a source privy with the deal told Bloomberg. The source added that the Italian supplier is... Read more about Sogefi raises $115 million from bond placement in the US
2013 Nissan Leaf is more fuel efficient than 2012 model
When Nissan transferred the production of its Leaf electric vehicle from Japan to the United States, the carmaker was able to implement a few mid-cycle engineering changes. These changes,... Read more about 2013 Nissan Leaf is more fuel efficient than 2012 model
46 UK dealerships to handle sales for BMW i sub-brand
Forty-six sales agents across the United Kingdom will comprise the network of dealers that BMW UK has tasked with supplying and supporting its new BMW i sub-brand. Each sales agent will... Read more about 46 UK dealerships to handle sales for BMW i sub-brand
TRD upgrades the 2014 Lexus IS
Toyota Racing Development a.k.a. TRD released a new range of accessories for the 2014 Lexus IS. As you can see from the photos the new vehicle features a new body kit consisting of a new... Read more about TRD upgrades the 2014 Lexus IS
DB4GT sets record for highest price paid for an Aston Martin
A world record auction price of £3,249,500 was set during the Aston Martin Centenary Sale at Aston Martin Works on May 18, 2013. The amount was paid for an Aston Martin DB4GT, making it... Read more about DB4GT sets record for highest price paid for an Aston Martin
McLaren will return for Salon Privé 2913 as part of its 50th anniversary
Salon Privé has just confirmed that Mclaren will return this September as part the marque’s 50-years anniversary celebrations. This will be the second year McLaren brought its vehicles on... Read more about McLaren will return for Salon Privé 2913 as part of its 50th anniversary
McLaren P1 will have a successor over a decade
The extreme Mclaren P1 hypercar will have a successor, according to sales and marketing boss Greg Levine, who spoke with Autocar. Still, don’t expect it now as the new vehicle will need... Read more about McLaren P1 will have a successor over a decade
Official: 2014 Bmw 5-Series Sedan, Touring, Gran Turismo and ActiveHybrid 5
Bmw unveiled this weekend the facelifted 5-Series and as seen before in the leaked photos, the biggest-selling 5-Series ever comes with redesigned front bumpers, new headlights,... Read more about Official: 2014 Bmw 5-Series Sedan, Touring, Gran Turismo and ActiveHybrid 5
Jeep plans to expand its range with a seven-seat SUV
Buoyed by encouraging sales growth, Jeep will add a seven-seat SUV to its range in order to take on cars such as the Audi Q7. Dubbed Grand Wagoneer, the new vehicle could revive the... Read more about Jeep plans to expand its range with a seven-seat SUV
Audi overtakes BMW in luxury sales race in India thanks to its SUVs
German carmaker Audi AG has credited its overwhelming luxury car success in India to its unique market penetration strategy – rapid expansion to smaller cities in the country as well as... Read more about Audi overtakes BMW in luxury sales race in India thanks to its SUVs
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