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It seems that General Motors Co.’s assertive new-product drive in Brazil is really paying off as the carmaker’s Chevrolet Cruze compact cars has become one of the hottest items in...
by - October 25, 2012
General Motors announced that it will introduce its next-generation Chevrolet Silverado and GMC Sierra full-sized pickups at a media event scheduled on Dec. 13, 2012, at Michigan Motion Picture Studios...
by - October 25, 2012
British luxury powerboat manufacturer Hunton will be participating in the upcoming Miami Boat Show in February 2013, marking its first show in the U.S. In Europe, Hunton has participated in...
by - October 25, 2012
Sonic Automotive Inc. attributed its lower average new-vehicle gross profits in the third quarter of 2012 to lower supplies of BMW vehicles. Sonic, however, said that inventory levels are returning...
by - October 25, 2012
Hyundai Motor Co. and sister company Kia Motors Corp. will be offering additional powertrain setups, featuring more turbocharged gasoline engines and new transmissions in the U.S. and elsewhere, according to...
by - October 25, 2012
Fuji Heavy Industries Ltd. updated its operating profit forecast from the six months ended September 30, 2012, to reflect an expected 34-percent increase. The raised forecast reflects higher sales in...
by - October 25, 2012
General Motors is testing a thermal-forming process and proprietary corrosion resistance treatment for lightweight magnesium sheet metal that will enable the increased use of this alternative to steel and aluminum....
by - October 25, 2012
Honda has built a Fit-based crossover dubbed the Honda Fit Twist that it will enter in the subcompact segment in Brazil. In the past, Honda had mentioned that it will...
by - October 25, 2012
So far, there’s no clear rescue plan for Lotus. It has aggregate liabilities of around $400 million and is losing about two million dollars every month. It also doesn’t seem...
by - October 25, 2012
The seventh-generation 2014 Chevrolet Corvette is powered by an all-new small-block V-8 engine dubbed as the LT1 -- fifth-generation of GM’s famous eight-cylinder. It boasts an output of at least...
by - October 25, 2012
General Motors has announced that due to a few defects detected in the gearbox of the manual-equipped 2013 Cadillac ATS 2.0T cars, production has been temporarily stopped. Most of the...
by - October 25, 2012
Volkswagen will invest up to EUR3.4 billion ($4.4 billion) to upgrade its model lineup and plants in Brazil. According to VW chief executive Martin Winterkorn, the investment is part of...
by - October 24, 2012
American Honda Motor Co. is now ready to increase its production capacity at its plants in the United States or Canada, or at its still-being constructed factory in Mexico. The...
by - October 24, 2012
Honda Motor Co. announced plans to roll out its Acura brand in Brazil starting 2015. The Japanese company joins a number of carmakers aiming to market their luxury vehicles in...
by - October 24, 2012
German carmaker Volkswagen is trying to cope with the dwindling demand for vehicles at its European home market by expanding plants in Brazil and exporting cars to China, chief executive...
by - October 24, 2012
Labor unions said that Ford Motor Co. will shut down its assembly plant in, Genk, Belgium, and will transfer the plant’s production to Valencia, Spain. Union officials said that Ford...
by - October 24, 2012
Under the alliance between General Motors Co. and PSA/Peugeot-Citroen, they will co-develop four projects. In a statement, the companies enumerated the projects that they will share. The first is a...
by - October 24, 2012
The new Rafale special edition of the Bugatti Veyron Grand Sport Vitesse, its newest special edition version, was unveiled at the Sao Paulo Motor Show in Brazil. This is based...
by - October 24, 2012
Toyota Motor Corp. denies press reports that it intends to withdraw from China, the world's biggest auto market, according to Chinese media. Tensions had been increasing due to the territorial...
by - October 24, 2012
General Motors Co. wants to get a nearly complete control of its South Korean unit by purchasing a 17% stake held by the unit's second-largest shareholder. This move restored concerns...
by - October 24, 2012
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