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Mitsubishi Motors Corp. has sold its auto lending business in the U.S. to Ally Financial Inc. – a move that many of its dealerships welcomed. The price and further details...
by - April 30, 2015
PSA/Peugeot-Citroen is willing to enter partnerships with other automakers to spread the cost of designing and building minicars, according to PSA CEO Carlos Tavares. The company has an existing cooperation...
by - April 29, 2015
Ford Motor Co.’s sales in China soared in the first 2 months of 2015, growing in rank from No. 8 a year ago to No. 5 currently. The brand’s executives...
by - April 29, 2015
Volkswagen wants to take advantage of China’s incentives for NEVs (New Energy Vehicles) and intends to release a production variant of the C Coupe GTE plug-in hybrid concept, which will...
by - April 29, 2015
Mazda Motor Corp.’s sales may have increased during the first three months of 2015; however, its profits still fell due to higher marketing and factory startup costs as well as...
by - April 29, 2015
Cadillac’s dealers in the United States have started accepting orders for the next-generation 2016 CTS-V high-performance sedan that will be launched in late summer. The CTS-V will be the second...
by - April 29, 2015
Amid dropping profits, Hyundai is considering a plan to intensify production of sport utility vehicles in China and the United States as it faced unfavourable foreign exchange rates and incurred...
by - April 28, 2015
Even as Audi is preparing to introduce a full-electric SUV, which boasts a 500 km (310 mile) range that would rival Tesla's Model X crossover, its CEO Rupert Stadler continues...
by - April 28, 2015
The return of General Motors to offering smaller pickups in the U.S. has revived a declining market segment but it appears now that its new trucks are hurting sales of...
by - April 28, 2015
General Motors had a “very solid quarter,” GM CEO Mary Barra has recently told analysts. GM’s profits from truck sales in the first quarter of 2015 from North America had...
by - April 27, 2015
Just a year after PSA/Peugeot-Citroen launched a major turnaround plan, it has announced a plan to raise production in Europe by 10% as the market recovers and the demand for...
by - April 27, 2015
Plans to build Toyota Motor Corp.’s new assembly facility in China in 2017 are already underway but the automaker is in further talks to increase its output even more. Toyota...
by - April 27, 2015
BMW is widening its product range in China to 6 models to make sure that options are available to middle-class consumers who don’t have chauffeurs driving them around. The vehicles...
by - April 27, 2015
General Motors is pulling out Chevrolet from Europe by the end of 2015 and as a result, its assembly plants in South Korea would be saddled with excess capacity but...
by - April 26, 2015
The Verano, the new-generation sports sedan from Buick, is on display at Shanghai GM’s stand at Auto Shanghai 2015. The vehicle, which debuted the previous night at Shanghai GM Gala...
by - April 25, 2015
The European Agency (EEA) reported a 2.6% decrease in average CO2 emissions from new cars delivered in the European Union, surpassing goals set for this year as part of a...
by - April 24, 2015
Infiniti has presented the interior of its concept car Infiniti Q70L Bespoke Edition at Auto Shanghai 2015 for the first time ever. The wheelbase of this special version of the...
by - April 24, 2015
Ferrari’s 488 GTB was unveiled during an exclusive event with almost a thousand guests attending. This is Ferrari’s latest supercar that has the V8 mid-engine. A number of high profile...
by - April 24, 2015
Lexus’ new signature 'spindle grille' design has been criticized by industry insiders and design experts alike but Toyota Motor Corp.'s and Lexus’ global design chief Tokuo Fukuichi is insistent that...
by - April 23, 2015
At Auto Shanghai 2015, Volkswagen introduced its latest four-door concept car for the Chinese market – the new C Coupe GTE. It measures five meters long and gives off a...
by - April 23, 2015
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