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One of the six new hybrids that Toyota is planning to launch by the end of 2012 is a new Lexus, according to German car magazine AutoBild. This new Lexus...
by - July 4, 2011
A binding agreement has been entered between Saab and Chinese carmaker Youngman for the development of three new models: the 9-1 entry-level model, a big ‘9-6x’ SUV, and the executive...
by - July 4, 2011
In the last business plan for Nissan as presented by Chief Executive Officer Carlos Ghosn, quality was the core. However, in the new plan announced last week, it was a...
by - July 4, 2011
After being tested for 10,000 kilometers, Mercedes-Benz’s new Actros could now officially claim to have both ultra-low fuel consumption and ultra-low exhaust emissions. This Euro VI-compliant, heavy-duty truck, offers low...
by - July 4, 2011
According to the National Automobile Dealers Association, the average dealership’s net pretax profit margin reached its highest in 24 years in 2010 despite the weak new-car sales for the fifth...
by - July 4, 2011
In order to retain more customers, Mazda North American Operations launched a prepaid scheduled maintenance program for those who purchased a new car or used a Mazda from the 2007...
by - July 4, 2011
In anticipation of natural gas emerging as a feasible alternative to gasoline, major carmakers like General Motors and Chrysler are planning to pour investments in the production of engines and...
by - July 3, 2011
BMW claims that the John Cooper Works WRC, which was developed by Prodrive and was displayed in April 2011, is the safest rally car ever. BMW believes that it stands...
by - July 3, 2011
The new BMW 520d EfficientDynamics Saloon, which will arrive in September, is 10% more fuel-efficient than its rivals. And it sets this benchmark for efficiency without having to reduce the...
by - July 3, 2011
Ford’s all-new B-Max will arrive in Europe in the first quarter of 2012. Ford is hoping that this model will enable the company to dominate in the sub-compact MPV segment....
by - July 3, 2011
The June 2011 sales of General Motors increased by 11%, attributed partly to the recovering demand for full-sized pickups. For the month of May, sales of the Chevrolet Silverado and...
by - July 2, 2011
The average union pay of Chrysler Group in 2010 is $49 (including wages and benefits), a significant drop from the 2006 pay average of more than $75, according to Chrysler’s...
by - July 1, 2011
General Motors Co. made a surprise announcement that it will be developing its first natural gas-powered engine. U.S. automobiles have largely been dependent on gasoline but that may soon change...
by - July 1, 2011
Volkswagen is on track to reach its highest annual total in almost a decade. This forecast is based on figures released by the company, stating that U.S. sales increased by...
by - July 1, 2011
Japan is making power-saving mandatory for all heavy users in order to help avoid blackouts. Toyota Motor Corp. is one of the companies that have decided to change working hours...
by - July 1, 2011
The extended range Chevrolet Volt electric vehicle is priced at £28,545 in the UK (after deducting the £5,000 government grant). In Chevrolet’s press release, it stated that the Volt is...
by - July 1, 2011
RM Auctions is offering the 1955 Ferrari 750 Monza Spider chassis #0492M up for sale. Only 35 units were built of this model. It was put on display at the...
by - July 1, 2011
As the Goodwood Festival of Speed opens in the UK, another major event is also taking place at the 2011 Australian International Motor Show (AIMS) in Melbourne where there’s a...
by - July 1, 2011
It’s rumored that BMW is working on an M-powered X3 crossover with around 450hp that may arrive in 2012. Fans are justifiably excited to see the X3 M getting a...
by - July 1, 2011
Korean automaker Hyundai Motor Co. raised its 2011 U.S. sales forecast to 624,000 units, higher by 16% than last year. In 2010, the U.S. sales of the Hyundai brand increased...
by - June 30, 2011
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