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Ford Motor Co. posted a 57-percent drop in net income for the second quarter of 2012, to $1.04 billion from $2.40 billion in the same period in 2011. The carmaker...
by - July 26, 2012
Just a month before the third-generation Mazda6’s global debut at the upcoming Moscow auto show, Mazda Motor Corp. unveiled images of the vehicle in full-production sheet metal. Third-generation Mazda6 received...
by - July 26, 2012
BMW is investing in Coulomb Technologies, a provider of electric-vehicle charging stations and software based in California that has EV development deals with General Motors, Ford, Nissan and Fisker Automotive....
by - July 26, 2012
Daimler posted a 13-percent drop in earnings before interest and taxes (EBIT) to EUR2.24 billion ($2.7 billion) in the second quarter of 2012 from EUR2.58 billion in the same period...
by - July 26, 2012
Jaguar’s new C-X75 hypercar is powered by a new 1.6-litre engine that could rev to 10,000rpm. It is capable of delivering about 500bhp and uses both a turbocharger and a...
by - July 26, 2012
There are new Jaguar models and so to cope with the added volume, Jaguar Land Rover will be hiring 1100 new workers for its Castle Bromwich manufacturing plant. One of...
by - July 26, 2012
The EPA announced that the Chevrolet Spark four-door hatchback has a fuel economy rating of 32/38 mpg city/highway with a five-speed manual and 28/37 mpg with a four-speed automatic. These...
by - July 26, 2012
Owning a new electric car may now be within your reach as several dealerships in California and Washington are offering a brand new 2012 Nissan Leaf with a $5,000 discount....
by - July 26, 2012
Under Group Lotus’ new business plan, the previous projects will be cut down to size after the departure of CEO Dany Bahar (2015 Elise, 2013 Esprit, 2013 Elan, 2014 Elite,...
by - July 26, 2012
Tesla Motors Inc. posted net losses of $105.6 million or $1 per share in the second quarter of 2012, compared to net losses of $58.9 million or 60 cents in...
by - July 26, 2012
Cadillac would name its next sedan as YTS and ZTS! This is all speculation but this could well be the case, considering that a Cadillac spokesman has confirmed that the...
by - July 26, 2012
Toyota Motor Corp. mulls building more Lexus RX sport utility vehicles, the best-selling Lexus model worldwide, for North America by increasing its production capacity in Canada, a source told Reuters....
by - July 25, 2012
Audi unveiled today the facelifted version of the R8 sports car. As expected, the car comes with a new set of impressive headlights showing the latest LED technology but also...
by - July 25, 2012
Chrysler Group said that it is studying a plan to invest almost $200 million for its Mack I Engine Plant in Detroit to increase the output of the V-6 Pentastar...
by - July 25, 2012
General Motors Co. is making a major move to boost its balance sheet. It is considering a plan to make lump-sum pension payments late next month to white-collar retirees who...
by - July 25, 2012
Beatrice Foucher has been named as the new head of Renault’s electric vehicles unit only months before the Zoe, Renault's first mass-produced EV, is launched. Foucher is the successor of...
by - July 25, 2012
BMW has confirmed that the Michelin Pilot Super Sport will be its only fitment for its new high-performance M6 coupe and convertible models. The BMW M6 was launched to the...
by - July 25, 2012
The environmental profile of Toyota’s new Prius Plug-in wouldn’t fail to impress with its extended all-electric driving range, very low CO2 emissions and outstanding fuel economy when operating in full...
by - July 25, 2012
PSA/Peugeot-Citroen will supply light commercial vans to Toyota Motor to be sold under its own brand in Europe under a deal that both automakers had recently signed. In the second...
by - July 25, 2012
General Motors is now preparing to launch new and redesigned cars and trucks, which will compose 70% of its entire lineup by the end of next year. Most of these...
by - July 25, 2012
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