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Tesla Motors Inc. expects its revenue to substantially rise in the second half of 2012 when it commences the sale of its new Model S sedan. In its latest financial...
by - February 17, 2012
Volkswagen AG and PSA/Peugeot-Citroen are considering joining a number of European companies that have been applying for the European Central Bank’s one-percent three-year loans. The carmakers’ financing units are entitled...
by - February 17, 2012
Chrysler Group LLC has withdrawn its application to access up to $3.5 billion in loans from the U.S. Department of Energy, saying the terms would negatively affect the company. The...
by - February 17, 2012
General Motors Co. had its lowest quarterly profit in the last quarter of 2011, contributing to $7.6 billion in earnings for the entire year. Its net income for the fourth...
by - February 17, 2012
“The button” is one of the many ways that makers of plug-in hybrids use to outperform its rivals. What consumers typically look at when choosing a model are combined fuel...
by - February 17, 2012
BorgWarner Inc. improved its profits in the fourth quarter as the automaker, driven by the demand from customers who want higher fuel efficiency. For the same period, the auto supplier...
by - February 17, 2012
For the month of January, the worldwide deliveries of Volkswagen's core VW brand rose by 0.1% to 419,200 vehicles. Sales were dampened by the economic problems that had affected western...
by - February 17, 2012
Fans of the Chevrolet Camaro in UK could now order the modern version of one of the most iconic cars of all time. The Coupe has a price tag of...
by - February 17, 2012
Citroën has further enhanced the Trafficmaster Smartnav and Trackstar package fitted as standard to all its Berlingo, Dispatch and Relay vehicles. The new telematics package, which comes in a new,...
by - February 16, 2012
ŠKODA UK continues to build on its franchising momentum in 2011 as it already recorded six new developments since the start of 2012. In 2011, ŠKODA saw over 20 franchising...
by - February 16, 2012
Ford Motor Co.'s rate of technology is being accelerated in order to enable its new Fusion to beat the Camry Hybrid of Toyota Motor Corp. once it goes on sale...
by - February 16, 2012
Dan Akerson, chief executive of General Motors Co., is under intense pressure to balance the company’s record profits with the losses that its European operations continue to incur. For the...
by - February 16, 2012
Porsche’s small SUV just got its official name: Macan! That’s right folks the Porsche Cajun became the Macan! According to the German manufacturer the name Macan is derived from the...
by - February 16, 2012
Audi chief executive Rupert Stadler has effectively discarded the idea of creating a full-blown cabriolet version of the first-generation A1. The decision was based on the Audi’s internal business study...
by - February 16, 2012
The chief executive of Lotus Group Plc, Dany Bahar, has received instructions to carry on his five-year program to replace the entire Lotus model range, despite the fact that its...
by - February 16, 2012
Republican presidential frontrunner Mitt Romney has accused President Barack Obama of using the bailout of U.S. car manufacturers to enrich union supporters, impairing the auto industry's recovery. Romney wrote in...
by - February 16, 2012
Chevrolet got Corvette Racing driver Tommy Milner to promote its new 2013 Chevrolet Corvette 427 Convertible in trio 90-second promotional videos shot at Virginia International Raceway in Alton, Va. In...
by - February 16, 2012
Tesla Motors Inc. posted an $81.5 million net loss for the fourth quarter of 2011, around $31.1 million higher than its $51.4 million net loss for the same period in...
by - February 16, 2012
The 700C Concept that Chrysler presented at the recently held Detroit Auto Show was polarizing and controversial but the automaker has no plans to stop attempting to reinvent the minivan....
by - February 16, 2012
As European sales dropped for a fourth year and price rivalry intensified, Renault posted a flat profit in 2011. Earnings before taxes, interest and one-time items declined 0.7% to 1.09...
by - February 16, 2012
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