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Due to the release of new car models, BMW's 2010 pretax profit is expected to increase significantly. With the improvement in the economy, corporate fleet sales at premium carmakers are...
by - August 27, 2010
Indicating that GMAC Financial Services has improved its access to capital in the past six months, it was reported this week that it is raising almost $1 billion selling retail...
by - August 27, 2010
No one's complaining about how Kia's Forte Koup looks. In fact, it already has a striking appearance but Kia just wants to make it look even better and now offers...
by - August 27, 2010
Mercedes-Benz AMG GmbH, the performance-vehicle unit in Germany, will be headed by Ola Kaellenius, who will take his place as the new managing director starting April 1. Nine months ago,...
by - August 27, 2010
The base salaries of top executives of the five US companies bailed out by the US government will be known this week. US pay czar Kenneth Feinberg said that the...
by - August 27, 2010
This is not a joke! Apparently, Glenn Knowles, 35, and the co-owner of the car, Richard Mant, 39, were accused of trying to swindle an insurance company over the disappearance...
by - August 27, 2010
General Motors Co. has strengthened its image as a supplier of non-polluting cars that would fit well with the crowded mega-cities of the future -- with its unveiling of a...
by - August 27, 2010
Pricing information for Saab's all-new 9-5 saloon has been announced. The company is already accepting orders for the model, which is set to arrive in UK showrooms this summer. Prices...
by - August 27, 2010
Talks are ongoing between Saab and the possible partners with regards to exchanging technologies as it attempts to return to profit by 2012, according to head of Spyker Cars, Victor...
by - August 27, 2010
Sales of BMW AG vehicles in the Chinese market are expected to increase by a "strong double-digit" percentage and to exceed 100,000 vehicles this year, according to media reports. The...
by - August 27, 2010
Bmw announced today the prices for its all-new 2011 Bmw 535i and 550i sedans. The new 2011 Bmw 535i sedan pricing starts at $50,475 while the V8-powered 550i comes with...
by - August 27, 2010
Spyker Cars NV seeks to make Saab profitable once again and for the first year, it expects to raise its output by about 18%. Dutch carmaker Spyker revealed that there...
by - August 27, 2010
General Motors Co.'s plant in Oshawa, Ontario, in order to meet the demand for the Chevrolet Equinox crossover. Currently, the Equinox and the GMC Terrain are being assembled in Ingersoll,...
by - August 27, 2010
General Motors Co. has plans for its full-sized trucks to soon be powered by compressed natural gas. Within two years, van, pickup and chassis cab models with "a green presence"...
by - August 27, 2010
Lamborghini's priorities have changed in how it designs and builds cars. The order of what the company prefers to focus on had always been design first, followed by top speed,...
by - August 27, 2010
The North American version of the Chevrolet Cruze, General Motors Co.'s new global compact car, goes on sale in the third quarter as the successor to the Cobalt. GM reduced...
by - August 27, 2010
With the purpose of supplying parts for a new BMW electric vehicle, BMW AG and the SGL Group plan to build a $100 million carbon fiber manufacturing plant in Washington. ...
by - August 27, 2010
Official financial results indicate that General Motors Co. lost $4.3 billion after it emerged from bankruptcy last year. The release of these statements brings the company a step closer to...
by - August 27, 2010
The Beijing Automotive Industry Holding Corporation, which now wants to partner with Saab, had actually been involved in a failed attempt to purchase Saab from General Motors. BAIC CEO Wang...
by - August 27, 2010
Kia is proud to announce that for the first quarter of the year, it posted record sales in both the US and the UK where it beat its previous sales...
by - August 27, 2010
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