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AutoCanada Inc., posted a 22-percent surge in net income in the first quarter of 2014 to C$8.3 million ($7.6 million), boosted by higher operating results in used vehicle, parts, service...
by - May 13, 2014
Aston Martin is hoping to return to profitability after 2016, when it would start reaping the benefits of a five-year GBP500 million ($843.57 million) investment program. Chief financial officer Hanno...
by - May 13, 2014
General Motors will provide a $5,000 incentive to Cadillac dealers who would offer test drives of its ELR plug-in hybrid. Cadillac spokesman David Caldwell said the offer, dubbed as Demonstrator...
by - May 13, 2014
With tens of millions of viewers around the world expected to be glued to their TV sets watching the 2014 FIFA World Cup in June, carmakers like Hyundai and Volkswagen...
by - May 13, 2014
Current Formula One world champion Sebastian Vettel definitely knows what performance is. That is why Infiniti product strategists are leaning on him to help develop a performance sub-brand for the...
by - May 13, 2014
General Motors has disclosed that monthly subscription rates for its 4G LTE data connection via OnStar will between $5 and $50 a month, depending on usage. GM will launch the...
by - May 13, 2014
Volkswagen announced that the seventh-generation Golf will go on sale in August, with two or four doors and with two powertrains. Sitting on the new MQB architecture, the 2015 Golf...
by - May 13, 2014
The Toyota Verso-S made its debut three years ago and this means that it is time for an update. As a result, the Japanese company unveiled the 2015 Toyota Verso-S...
by - May 13, 2014
Fiat Chrysler Automobiles chief executive Sergio Marchionne has disclosed that the merged carmaker will be based in London, United Kingdom. This means that Fiat would essentially move away from its...
by - May 12, 2014
Back in October we told you that Honda is considering bringing back to life an S2000-type sports car. Today we come back with new details of the new sports car...
by - May 12, 2014
Alan Mulally is very proud of his eight-year performance and has no regrets as chief executive of Ford Motor Co., he said during his final annual meeting at the carmaker....
by - May 12, 2014
Five years ago, Chrysler Group unveiled plans to significantly increase sales. The plan had a lot of doubters, who thought Chrysler “were on some serious hallucinogenic drugs," remarked Reid Bigland,...
by - May 12, 2014
A battery pack supply agreement between Tesla Motors Inc. and Toyota Motor Corp. will end this year. Toyota disclosed in May 2012 that it would buy Tesla’s battery packs for...
by - May 12, 2014
It appears that Rolls-Royce will not follow Bentley and invest in a British assembly line to build its engines as the British company will still use German-built V12s. According to...
by - May 12, 2014
Lear Corp. will ask United States District Judge Marianne Battani in Detroit to approve an $8.75-million settlement to resolve accusations that it took part in a conspiracy to hike prices...
by - May 12, 2014
SGL Automotive Carbon Fibers, a joint venture between BMW Group and SGL Group, will invest $200 million to triple the capacity of its carbon fiber products site near Moses Lake,...
by - May 12, 2014
Just as we told you in this article, Cadillac unveiled today a special edition of the 2015 CTS-V Coupe. For those who don’t know, the Cadillac CTS-V Coupe made its...
by - May 12, 2014
Fiat Chrysler Automobiles has issued a recall of 780,477 Dodge Grand Caravan and Chrysler Town & Country minivans from model years 2010 to 2014 to replace overheating third-row power window...
by - May 12, 2014
Jon Brancheau is leaving Nissan as its marketing chief for North America. He was credited for boosting Nissan’s brand image with consumers in the years he served as the carmaker’s...
by - May 12, 2014
Lewis Hamilton of Mercedes AMG Petronas grabbed his fourth win of the current Formula One season by dominating the 2014 Spanish Grand Prix at Circuit de Catalunya. His win came...
by - May 12, 2014
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