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Renault’s Twizy electric city car has been modified and has become a quasi-Formula 1 car. Equipped with a Renault F1-supplied KERS, the Twizy Renaultsport F1 concept car is now able...
by - April 28, 2013
Daimler has lowered its profit forecast for full year 2013 after posting a 56-percent drop in earnings before interest and taxes (EBIT) in the first quarter of the year. Daimler...
by - April 27, 2013
Honda Motor Co. logged a 6.6-percent hike in net profit in the quarter ended March 31, 2013 to JPY75.7 billion ($760.88 million), boosted by strong sales of its Accord and...
by - April 27, 2013
The 2014 Chevrolet Corvette Stingray Coupe has a base price of $51,995 (inclusive of destination costs), making it $1,400 more expensive than the outgoing model, according to General Motors. The...
by - April 27, 2013
The German Big 3 -- Mercedes-Benz, Audi AG and BMW AG – are aiming to entice buyers other than the ultra-rich in India as part of their bid to boost...
by - April 26, 2013
The 2014 Chevrolet Spark electric vehicle will be the most efficient car sold to retail consumers as it could return the equivalent of 119 mpg in combined city and highway...
by - April 26, 2013
Fiat SpA may primarily trade its shares in the New York Stock Exchange following a planned merger with Chrysler Group, sources told Bloomberg News. Fiat chief executive Sergio Marchionne is...
by - April 26, 2013
Renault posted an 11.8-percent drop in revenues in the first quarter of 2013 to EUR8.27 billion ($10.7 billion), no thanks to the European vehicle market that shrinks faster than the...
by - April 26, 2013
Ford Motor Co. logged a 15-percent surge in net income in the first quarter of 2013 to $1.61 billion, thanks to a significant rise in vehicle sales in the United...
by - April 26, 2013
Hyundai’s profit in the first quarter of 2013 may likely shrink, no thanks to production stoppages in South Korea and the won strength against the yen. A lower-than-expected result would...
by - April 26, 2013
South Korean carmaker Kia Motors dismissed a report by local newspaper Financial News that it is planning to construct a new plant in the United States by 2014 to expand...
by - April 26, 2013
Daimler AG will make an investment of over EUR300 million ($390.6 million) to build a new plant in Sebes, Romania, that will assemble transmissions for its Mercedes-Benz brand. The carmaker...
by - April 26, 2013
Mitsubishi now knows the cause of the lithium ion battery glitch that made it have to stop production for the Outlander plug-in hybrid crossover and most i electric cars. According...
by - April 26, 2013
Toyota Motor Corp. has outsold all carmakers around the world for the fifth consecutive quarter as the weakening yen continue to boost the company’s advantage over main rivals General Motors...
by - April 26, 2013
Hyundai Motor Co. issued an apology for a commercial spot created by Innocean Europe showing a failed suicide attempt with a Hyundai ix35 crossover. Innocean, owned by Hyundai Motor Group...
by - April 26, 2013
Skoda chief executive Winfried Vahland revealed in a statement that the carmaker is targeting to double its sales in China to 500,000 vehicles by 2018, when around a third of...
by - April 26, 2013
Volkswagen Group recorded a 26-percent slide in operating profit (earnings before interest and taxes) in the first quarter of 2013 to EUR2.34 billion ($3.05 billion) from EUR3.17 billion in the...
by - April 26, 2013
Ford Motor Company and Schaeffler conducted a demonstration of the Fiesta-based eWheelDrive car, a research vehicle that could result to improvements in urban mobility and parking through production of smaller,...
by - April 26, 2013
Volkswagen is updating its showrooms across the United Kingdom to ensure up-to-date, modern and useable space for customers and staff. The projects include a number of relocations to new purpose-built...
by - April 25, 2013
Ford Motor Co. is facing a suit in United States District Court in Philadelphia filed by Pennsylvania vehicle owners who claim that the carmaker’s hybrid models failed to deliver promised...
by - April 25, 2013
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