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Philippe Varin is planning to step down next year as chief executive of French carmaker PSA/Peugeot-Citroen, two people privy with the matter told Bloomberg, adding that the CEO is eyeing...
by - November 26, 2013
Chrysler Group is expecting to establish a price range for its initial public offering this week at the earliest, the Wall Street Journal reported, citing people privy with the matter....
by - November 26, 2013
After few leaked photos, the all-new 2014 Hyundai Genesis made its debut in Seoul, Korea. The 3,500 orders received on the first day of pre-orders in Korea already confirm the...
by - November 26, 2013
Volvo introduced today the all-new V60 Polestar, a high-performance version of the popular V60 station wagon which promises to debut on four continents around the world in 2014. As expected,...
by - November 26, 2013
The Board of Directors of Chrysler Group of Chrysler Group has decided that it would not hold its initial public offering this year, according to majority shareholder Fiat SpA. Chrysler-Fiat...
by - November 26, 2013
Investors at General Motors Co. will focus on the possibility of stock buybacks or a dividend on common shares following a disclosure from the United States government that it aims...
by - November 26, 2013
PSA/Peugeot-Citroen has named Carlos Tavares as its next chief executive. In effect, Tavares, former COO of Renault, will join the team of CEO Philippe Varin on January 1, 2014, with...
by - November 26, 2013
Jaguar Land Rover is investing around about BRL1 billion ($436.9 million) to construct a new manufacturing site in the city of Itatiaia, state of Rio de Janeiro, Brazil, three government...
by - November 26, 2013
Vorsteiner Nero announced the introduction of the Aventador-V LP-740 Edition for the Lamborghini Aventador. According to the guys from Vorsteiner, this was the most challenging product line they have ever...
by - November 26, 2013
The latest Lincoln MKC crossover now features a MyLincoln Touch system that has buttons and knobs, replacing the sliding touch controls of the MKZ sedan. Both the MyFord Touch and...
by - November 25, 2013
Citroen has updated its C1 line-up to offer more standard equipment and a revised range comprised of three trim levels. The range starts with the entry-level C1 VT, which has...
by - November 25, 2013
BMW Group is investing £750 million between 2012 and 2015 to upgrade and reequip three of its manufacturing facilities in the United Kingdom, where it will jumpstart the production of...
by - November 25, 2013
Honda’s refreshed 2014 Civic lineup will be fitted with continuously variable transmissions or CVT. Any automatic Civic model will now be equipped with a CVT. It is estimated that around...
by - November 25, 2013
Volkswagen could sell its CrossBlue mid-sized sports utility vehicle in Europe as a complement for the Touareg SUV already sold in the region. The CrossBlue-Touareg relationship could work in the...
by - November 25, 2013
The first engine scheduled for production in the new Jaguar Land Rover’s $750-million new engine site in Wolverhampton, England will start output next year with the production of a four-cylinder...
by - November 25, 2013
Mitsubishi is expecting sales of a plug-in hybrid version of the next ASX compact SUV to surpass the success of the gasoline and diesel variants in Europe, President Osamu Masuko...
by - November 25, 2013
Fiat could have the edge in negotiations to acquire the stake it currently does not own in Chrysler Group if the final value for the US carmaker sits around the...
by - November 25, 2013
Fisker Automotive has filed for Chapter 11 bankruptcy protection as part of its restructuring plan. Investor group Hybrid Tech Holdings LLC is acquiring Fisker's assets and is providing $8 million...
by - November 25, 2013
English will now be the official language of global meetings at Honda Motor Co., as the carmaker now allows regional units to make decisions. Honda chief executive Takanobu Ito informed...
by - November 25, 2013
Auto sales in the United States are on track to surge year-on-year between 4 and 7 percent in November 2013, according to analysts, as after-Thanksgiving deals are seen to more...
by - November 25, 2013
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