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The French government will cut its holdings in Valeo as part of its bid to boost the country's struggling auto industry. According to Bpifrance Participations, it had commenced process of...
by - March 18, 2014
Citroen intends to slot the pricing of C4 Cactus between compact cars and small crossovers when it goes on sale in June, Julien Montarnal, the brand’s head of strategy and...
by - March 18, 2014
Toyota Motor Corp. has agreed to hike base wages in Japan it heads for record profits this fiscal year. According to Senior Managing Officer Naoki Miyazaki, the average Toyota Motor...
by - March 18, 2014
One of the biggest Toyota-Lexus dealers in Japan is requesting for a Lexus one-box van with sliding rear doors. The dealer said that dealers in Japan, China and other parts...
by - March 18, 2014
Now that Acura is a division separate from Honda in the United States, there are hopes that the luxury brand would be able to shore up its image, boost the...
by - March 18, 2014
Audi AG is known for offering models that is made of rich materials or having voluptuous curves. But to attract young luxury buyers who are usually attracted by the latest...
by - March 17, 2014
Porsche AG posted record surges in deliveries, revenues and profits in the fiscal year 2013. It logged a 15-percent rise in deliveries to 162,145 vehicles, resulting to a 3-percent jump...
by - March 17, 2014
Dan Akerson is now back at Carlyle Group LP. Carlyle has appointed Akerson as vice chairman of the board of directors as well as special adviser. Akerson joined Carlyle’s ranks...
by - March 17, 2014
Porsche AG is nearing a fix to a glitch that caused engine fires in a racing version of the 911 sports car. “We know the reason and the problem-solving measures,”...
by - March 17, 2014
BMW would wait at least 15 months before it would launch the new 2-series Active Tourer in the United States as it executives don’t believe that the five-door wagon won’t...
by - March 17, 2014
Tesla Motors is planning to open over 30 new service centers and stores in Europe, expecting a surge in demand in the region and Asia, which may rise to almost...
by - March 17, 2014
Porsche expects its earnings to stabilize this year as it makes investments the United States and China. The sports carmaker will concentrate its investment spending on adding distribution outlets in...
by - March 17, 2014
Most auto executives still expects a current price war to continue in Europe even after six consecutive months of sales increases in western Europe and despite forecasts of a 3-percent...
by - March 17, 2014
Rear cameras are more effective than parking sensors in preventing collisions during a reverse, according to the Insurance Institute of Highway Safety. An IIHS study shows that around 292 people...
by - March 17, 2014
Eurosport Events has selected the Alfa Romeo 4C as the Safety Car of the FIA World Touring Car Championship (WTCC) for the entire 2014 season. The Alfa Romeo 4C will...
by - March 17, 2014
Mercedes-Benz is planning to introduce new variants of the C class beyond sedans and wagons as it tries to capture new customers around the world. Mercedes will produce the model...
by - March 17, 2014
Ford Motor Co. has introduced its 2016 F-650 and F-750 trucks in a trade show in Indianapolis. The new versions of two medium-duty commercial trucks will be the first in...
by - March 16, 2014
Typically, building and running a race car is out of the public’s reach. Perrinn myTeam, however, is regarding itself as the first open source race car constructor that allows the...
by - March 16, 2014
Chrysler Group is recalling around 49,400 Dodge Chargers for possible overheating of headlight components. According to the carmaker, customer service data led engineers to probe into reports similar to those...
by - March 16, 2014
Dongfeng Motor has no intentions to take control of PSA/Peugeot-Citroen, chief executive Zhu Fushou has said as he tries to dismiss a controversy over a planned purchase of a 14...
by - March 16, 2014
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