Ferrari to reduce waiting times for all new cars to less than a year
Ferrari boss Luca di Montezemolo announced today that the manufacturer will reduce waiting times for all new cars to less than a year. For those who don't know, currently the customers... Read more
Italy minister optimistic regarding Pomigliano plant deal, report says
Italy's welfare minister Maurizio Sacconi said on Tuesday that he is optimistic that a deal can be reached between Fiat S.p.A. and Italian unions over the outcome of the Pomigliano d'Arco... Read more
PSA, Mitsubishi small car talks could be concluded soon
The negotiations between PSA/Peugeot-Citroen and Mitsubishi Motors Corp. to use one of the Mitsubishi's platforms for small, low-range cars will conclude soon, according to a report last... Read more
Mitsubishi Lancer 1.8L to make its debut in China in July
This July, the Chinese market will receive an enhanced version of the Lancer 1.8L model, which was produced by the Soueast-Mitsubishi, a 50:50 joint venture between South East Motor (SEM)... Read more
T3 Motion GT3 plug-in electric vehicle
Information about T3 Motion‚ two-passenger GT3 plug-in electric vehicle has recently been released. The tri-wheel design consists of two front wheels and a single rear wheel with two... Read more
2010 Audi R15 Plus: full details and specs
For this year‚ 24h Le Mans race, Audi has prepared the second generation of the R15 TDI diesel race sports car, which had won in the same race in 2006. Audi tweaked the vehicle,... Read more
Mahindra submitted a letter of intent to make a bid for Ssangyong
A letter of intent had been submitted by Mahindra & Mahindra, India's top utility vehicle and tractor maker, to acquire SUV maker Ssangyong Motor. We know that the letter of intent was sent... Read more
Chrysler may add a third shift to face the demand for the 2011 Grand Cherokee
Chrysler made quite a buzz with its redesigned Jeep Grand Cherokee and its appears that the car is already exceeding expectations as the manufacturer is considering adding a third... Read more
2011 Ford Mustang SR-71 by Roush Performance and Shelby
For the first time ever, Carroll Shelby and Jack Roush met with Ford Motor Company in order to design and produce a new car based on the 2011 Mustang and inspired by the SR-71 Blackbird,... Read more
Spyker working on a road-legal C8 Spyder GT2 for the Chinese market
Media reports say that Spyker wants to launch a road going version of the GT2 sports car for the Chinese market later this year. The design for this Chinese edition will be longer, wider,... Read more
City of Daqing planning to invest $441 million in Volvo
To help finance Zhejiang Geely Holding Group Co.‚ acquisition of Volvo Car Corp. from Ford Motor Co. that‚ worth about $1.8 billion, the oil city of Daqing in northeast China... Read more
World’s top-paid auto chief is FoMoCo’s Alan Mulally, report says
The world‚ highest-paid auto chief is no other than Ford Motor Co.‚ Alan Mulally. Interestingly, if you combine the compensation of the heads of Japan‚ three largest... Read more
Tesla Motors scheduled its initial public stock offering for June 29
Tesla Motors Inc.'s initial public stock offering is set for June 29. Tesla, an electric car maker based in Palo Alto, Calif., aims to raise up to $178 million through the sale. New... Read more
Renault’s Laguna and Clio to receive new dual-clutch gearbox
In the future, it's likely that Renault's new dual-clutch gearbox would be found under the hood of the Laguna and the Clio, according to a company source. This unit, which was designed... Read more
2012 Fuel Cell Hybrid London Taxi revealed
London is one step nearer to its goal of becoming the most EV-friendly city in the world with the release of its detailed action plan. In fact, another eco motoring initiative has just been... Read more
Ford preparing an aggressive advertising campaign for the 2011 Mustang
Sales of the Chevrolet Camaro sales have outpaced the Mustang through April but as you may know alreadt Ford took back its sales crown in May. An aggressive advertising campaign is being... Read more
Ford elected the chairman of Sprint Nextel to its board of directors
Ford Motor Co.'s board of directors is now comprised of 14 members, with the addition of the chairman of Sprint Nextel Corp. effective immediately. Ford disclosed that 65-year-old James... Read more
Volkswagen AG sold more than 3.5 million cars in the first half of 2010
In a recent interview, Volkswagen CEO Martin Winterkorn said that the German manufacturer sold more than 3.5 million cars to customers worldwide in the first half of 2010. Vw brand has... Read more
Ford to reduce its current debt load by about $4 billion
Ford announced today that it will reduce its current debt load by $4 billion. The American manufacturer will pay $3.8 billion owed to the UAW Retiree Medical Benefits Trust ahead of... Read more
Volkswagen’s 1.4 TSI engine gets the ‘Engine Of The Year’ award
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At a ceremony recently held in Stuttgart, Germany, the overall Engine of the Year Award was given to Volkswagen. The carmaker‚ twin charged... Read more
Chrysler to build the new Lancia flagship in North America
Nothing's certain yet as Chrysler and Fiat are currently conducting a major shakeup of its product plans that are expected to continue within the next two years. At the helm of this... Read more
Audi Q7 Sound Concept: first car with 62 speakers?
Audi has jointly developed a prototype for a new audio system in the Q7 with audio specialists at Bang & Olufsen, Bose and the Fraunhofer Institute for Digital Media Technology. A total... Read more
Daimler would welcome having Chinese investors as shareholders, says CFO
Daimler AG‚ chief financial officer said that the company is open to having Chinese investors as shareholders and also that it will remain as a major owner of aerospace giant... Read more
ZipCar seek to raise as much as $75 million in an initial public offering
Zipcar Inc. will attempt to raise up to $75 million in an initial public stock offering, according to a filing with the US Securities and Exchange Commission.
The car-sharing company that... Read more
Great cars need great marketing in order to succeed
For a vehicle to sell well today, it doesn’t only have to be of high quality. Nowadays, the vehicle has to have a great marketing campaign behind it as well. There really... Read more
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