Fiat considering Ferrari IPO to increase its stake in Chrysler
As Fiat S.p.A. looks for ways to fund the acquisition of 51% of Chrysler, it is believed to be considering the possibility of listing part of Ferrari S.p.A., according to Italian... Read more
Report: Mitsubishi teamed up with LG Chem to develop battery
Mitsubishi Motors Corp. has teamed up with Korea's LG Chem Co. Ltd. to jointly develop a lithium-ion battery system, according to a report from the Nikkei business daily. The two... Read more
Fernando Alonso wins the 2010 Singapore GP
Fernando Alonso obtained his fourth victory of this season in Singapore after a dramatic battle with RedBull’s Sebastian Vettel that followed him closely and was with only two-tenths of a... Read more
GM’s IPO may involve only U.S. Treasury’s shares
According to sources, it’s possible that the UAW health care trust and the governments of Canada and Ontario will opt out of participating in General Motors Co.'s stock offering so that... Read more
2011 Lamborghini Gallardo LP 570-4 Blancpain Edition: details and photos
Lamborghini, in collaboration with Blancpain, unveiled today the new Gallardo LP 570-4 Blancpain Edition. The new car promises to offer the competition spirit of the Super Trofeo race car... Read more
Hyundai to recall 139,500 Sonata sedans in the US over steering
Hyundai announced today that it will recall 139,500 cars in the U.S. because of steering issues that could result in a loss of or reduction in maneuvering capability. According to U.S.... Read more
Tim Rogers has been named president at Polk
Tim Rogers has been chosen to replace Joe Walker as R. L. Polk & Co.’s president of the automotive information and marketing company's business unit. Polk said that Rogers, who is 55... Read more
Volkswagen may extend its global partnership with Suzuki
A recent report from the Economic Times claims that Volkswagen AG may extend its global partnership with Suzuki Motor Co., which has manufacturing and design facilities in India. The... Read more
Merkel’s Cabinet approves legislation to stop Porsche-style stealth takeovers
Legislation was recently approved by the Cabinet of German Chancellor Angela Merkel, making stealth takeovers more difficult to pull off. One of the recent takeovers that this law would... Read more
CarMax posted solid revenue and profit growth in Q2
Due to the strong demand for used cars, CarMax Inc. was able to post solid revenue and profit growth for the quarter ended Aug. 31. The net income of the nation’s largest used-vehicle... Read more
Daimler cutting borrowing costs with a 7 billion-euro refinancing
Sources reveal that Daimler AG is reducing borrowing costs with a 7 billion-euro ($9.4 billion) credit line to refinance debt. Daimler, which owns the Mercedes-Benz and Maybach... Read more
UAW-represented workers at GM’s Indianapolis plant reject concessions
Instead of taking a 50% pay cut under a new plant owner, about 625 UAW-represented workers at General Motors Co.'s Indianapolis stamping plant prefer that GM shut the plant. Last... Read more
2010 Paris Preview: Skoda reveals second-generation GreenLine models
As expected Skoda revealed today the details of its second-generation environmentally-friendly GreenLine cars, which will be revealed next week at the Paris Motor Show. The new 1.6 TDI CR... Read more
2011 Renault Kangoo Express ZE (Zero Emission) priced at €20,000
At the International Commercial Vehicle Show in Hanover, Germany, Renault has launched the Kangoo Express Z.E., an all-electric, commercial variant of the Renault Kangoo. The electric... Read more
Oshkosh tapped former GM Europe chief Donnelly
Heavy-duty vehicle maker Oshkosh Corp. has named Richard M. Donnelly as its new chairman of the board. Donnelly, who is 67 years old and a former General Motors Co. executive, will begin... Read more
2011 Vw Touareg by JE Design
These are the latest details and images of JE Design’s tuning project on the 2011 VW Touareg. The tuning specialists of JE Design prepared a wide-body kit and upgraded the vehicle’s... Read more
Infiniti releases first sketch with its electric car, confirms it for 2013
As you may know already, Infiniti is planning to launch its first luxury all-electric vehicle in the United States and other global markets by 2013. Yesterday, during a ceremony held to... Read more
Vw shut its South African plant after workers went on strike
The closure of several plants in South Africa will lead to a significant loss of volume in certain brands, including the Polo models that are intended for export markets, according to... Read more
California wants 1 million electric vehicles on roads within 2020
Included in the state of California’s goal within the next decade is for 1 million battery electric and plug-in hybrid vehicles to be seen on its roads. The state revealed its new plan... Read more
Swift delayed until next year in U.S. as Vw and Suzuki review plans
As you may know already, the new Suzuki Swift was scheduled to make its debut in the United States this year, but the Japanese manufacturer delayed the small hatch until next year. It... Read more
ThyssenKrupp freezing all new business with Iran
Because of the harsher sanctions on Iran, ThyssenKrupp AG is freezing all new business with the Islamic republic immediately and will end existing contracts there as soon as possible.... Read more
Smaller Porsche SUV might be named Cajun
It’s no secret anymore that Porsche is preparing a new small SUV which will be based on the Volkswagen Tiguan and the Audi Q5. What we didn’t know until now is that the new so-called... Read more
General Electric partnering with Better Place on charging network
Major automakers seem to be in a race to launch a variety of electric and plug-in hybrid electric vehicles. An example is General Electric, which will be developing a car battery... Read more
2011 Mercedes-Benz S-Class receives new engines
Mercedes-Benz’s 2011 S-Class model will be offered with four new diesel and petrol engines. The new units will feature direct injection in the diesel engines, as well as in the new V6 and... Read more
2011 Chevrolet Volt will have an all-electric range of up to 50 miles
General Motors Co. has been teasing the public with the gradual release of details about the Chevrolet Volt -- the upcoming star of its lineup. Finally, GM has provided details about the... Read more
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