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Toyota Motor Corp. can finally get access to insurance and financial data of the plaintiffs who have sued it for economic losses they incurred related to sudden acceleration accidents. Toyota...
by - March 18, 2011
As the merger with Volkswagen now seems unlikely, Porsche Automobil Holding SE is getting ready to draw up a strategy to attract investors as a stand-alone entity. Finance chief Hans...
by - March 18, 2011
Starting April 1, Karl-Friedrich Stracke will replace Nick Reilly as CEO of General Motors Co.’s Opel/Vauxhall unit. For the past year and a half, Stracke has headed GM's global vehicle...
by - March 18, 2011
With the proceeds from a 5 billion-euro stock sale, Porsche Automobil Holding SE is able to reduce its debt to about 1.5 billion euros ($2.1 billion). Chief Financial Officer Hans...
by - March 18, 2011
As the U.S. auto market recovers, auto dealership chains are looking to expand their networks by acquiring new stores and paying pre-recession multiples on acquisitions. According to four dealership brokers...
by - March 18, 2011
The Prototype Deep Sanderson 301 – a prototype 1960s racer – has been confirmed to be an early entry for Silverstone Auctions' July 23, 2011 event during the Silverstone Classic...
by - March 18, 2011
For a very limited time and through participating dealers, Yamaha is offering new purchasers of the YZR-R1 not only interest-free credit for three years, but they will also get a...
by - March 18, 2011
Kia Sportage compact CUV and Kia Optima sedan were awarded by Germany’s red dot product design competition this year. They earned top honors in their respective categories. A special award...
by - March 18, 2011
Audi has begun development of a new crossover model with a focus on performance that aims to directly rival the BMW X6. This model is expected to be named the...
by - March 18, 2011
A further developed version of the Porsche 911 GT3 R Hybrid will take on the Nürburgring 24 hour race on June 25. During development, Porsche prioritized efficiency via the targeted...
by - March 18, 2011
Lamborghini is putting together plans for the launch of several new models in the next two to three years, such as the Estoque four-door, the carbon-fiber-intensive Sesto Elemento and a...
by - March 18, 2011
For the 2011 Porsche Cayenne Turbo, Swiss tuner Sportec has developed the SP580 program. The vehicle now features an ECU-remap that gives the 4.8 liter V8 turbo an output of...
by - March 17, 2011
Instead of adopting and updating the current 9-3 platform for its next generation of models, Saab has decided to come up with a completely new architecture and components that could...
by - March 17, 2011
Two new B-segment vehicles built on Nissan’s flexible global V platform -- a small car and a small multipurpose vehicle – are headed for Nissan's U.S. retailers. Last week, Nissan...
by - March 17, 2011
Ford is not backing down in a performance battle against Chevrolet. Just one month after Chevrolet revealed the 2012 Camaro ZL1 that delivers more than 550hp, Ford is preparing to...
by - March 17, 2011
BMW considers Brazil to be a significant market with economic importance, which is why the carmaker is thinking about shifting its car assembly to the country. Doing this will diversify...
by - March 17, 2011
Porsche tripled profits in its shortened 2010 fiscal year as deliveries of the Panamera sedan and Cayenne SUV rose. Porsche AG said in an e-mailed statement that its earnings before...
by - March 17, 2011
Experimental artist formation 'Apparatjik' has created the glitzy 'disco-ball' look of this one-off smart fortwo electric vehicle in Berlin. It will be used in a film titled 'Pixel City' and...
by - March 17, 2011
Expect the arrival of a highly tuned version of the Honda CR-Z hybrid from MUGEN Euro very soon. The CR-Z MUGEN is expected to deliver Type-R-like performance and possibly better...
by - March 17, 2011
Sources inside Audi say that plans for a spiritual successor to the lightweight A2 city car are advancing. It’s believed that Audi decided to replace the car due to the...
by - March 17, 2011
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