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Shelby American will stop taking orders for the Ford Mustang-based Shelby GT350 at the end of 2013. John Luft, Shelby American president, said in a statement that when they unveiled...
by - August 2, 2013
Volkswagen Group has reiterated its full year 2013 forecast of matching last year’s EUR11.5 billion in operating profit despite posting an 11-percent drop in earnings in the first half of...
by - August 2, 2013
Despite a slowdown in demand that resulted to a downward update of the Volkswagen brand’s sales target for 2013, executives at Volkswagen AG are content with its performance in the...
by - August 2, 2013
Fuji Heavy Industries Ltd. posted a four-fold increase in operating profit in its first fiscal quarter ended June 30, 2013, to JPY69.64 billion ($739.6 million) compared to JPY17.33 billion ($184.05...
by - August 2, 2013
Denso Corp. posted a 75-percent surge in net income in the quarter ended June 30, 2013, to JPY86.04 billion ($872.7 million). The Japanese supplier also posted a 13-percent rise in...
by - August 2, 2013
Hyundai has reached a milestone in the United States after selling its one-millionth Santa Fe in the country. The South Korean carmaker introduced the Hyundai Santa Fe crossover to the...
by - August 2, 2013
It appears that the Opel-Australia love story ended quickly for the German manufacturer owned by General Motors as Opel announced that it will cease operations and will commence winding down...
by - August 2, 2013
BMW managed to close the luxury sales lead of German rival Mercedes-Benz in the United States, thanks to higher sales of its 3 series cars and X5 sports utility vehicles...
by - August 2, 2013
Large wheels, low ground clearance, sophisticated aerodynamics and a sporty yet elegant design. These are the words that perfectly describe the upcoming Audi Q8. According to German magazine AutoBild, Audi...
by - August 2, 2013
Diarmuid O'Connell, Tesla's vice president of business development, has clarified that the Model S is a performance ride, although the vehicle comes with a luxury price and specification. Speaking during...
by - August 1, 2013
The 2014 Ford F-150 powered by the carmaker’s 3.7-liter V-6 engine will be available with an equipment package that allows the pickup to be ran by compressed natural gas or...
by - August 1, 2013
Jaguar is planning to sell 10 examples of its XKR-S GT sports car in the United Kingdom. The carmaker has received intense interest for the extreme performance sports car since...
by - August 1, 2013
Honda Motor Co. posted a 7-percent drop in net income in the quarter ended June 30, 2013 to JPY122.5 billion ($1.25 billion), from JPY131.7 billion in the same period in...
by - August 1, 2013
Italian carmaker Fiat SpA failed to persuade Delaware Chancery Court Judge Donald Parsons to set the value of some Chrysler Group shares held by VEBA, UAW’s retiree trust. Parsons on...
by - August 1, 2013
The European Union has approved financial guarantees from the French government for the banking unit of PSA/Peugeot-Citroen. The European Commission has cleared the way for France to guarantee up to...
by - August 1, 2013
Car thieves in the United States just loved stealing Mercedes-Benz vehicles from 2009 to 2012. According to a report by the National Insurance Crime Bureau (NICB), 485 Mercedes C-class cars...
by - August 1, 2013
When the Subaru BRZ was launched in spring 2012, only a limited amount was allocated for customers in the in the United Kingdom. But thanks to high demand from buyers...
by - August 1, 2013
Toyota Motor Corp. and its two local joint-venture partners are on pace to sell 900,000 vehicles in China in 2013, despite suffering 3.5-percent year-on-year drop in sales in the country...
by - August 1, 2013
Suzuki and Volkswagen Group have not resumed discussion on resolving a current row over a partnership deal, the Japanese carmaker said. Executive Vice President Toshihiro Suzuki remarked although there have...
by - August 1, 2013
BMW Group logged an 8.8-percent dive in earnings before interest and taxes (EBIT) in the second quarter of 2013 to EUR2.07 billion ($2.75 billion), compared to EUR2.27 billion in the...
by - August 1, 2013
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