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General Motors Co. may reveal on Thursday a net income of $1.74 billion for the first quarter ended March 2011, a 63 percent increase, compared to the $1.07 billion recorded...
by - May 4, 2011
Christian Blank has been named head of European fleet operations at Mazda Motor Europe effective May 2, 2011, replacing James Hopkins, who is leaving the company. Formerly a senior manager...
by - May 4, 2011
BMW reported earnings before interest and taxes of 1.9 billion euros ($2.81 billion) for the first quarter, an increase of more than four times from the 449 million euros that...
by - May 4, 2011
Porsche announced today two new additions to its lineup: the 911 Carrera 4 GTS Coupe and Cabriolet. That’s right, the 911 Carrera GTS is now available with the all-wheel drive...
by - May 3, 2011
Fiat S.p.A. employees at a former Bertone plant in Grugliasco, Italy, made concessions with CEO Sergio Marchionne in exchange for a 500 million-euro ($739 million) investment to build Maserati models....
by - May 3, 2011
Jaguar’s UK sales of its facelifted XF are expected to get a 30% boost with the release of its new four-cylinder diesel. It has an entry price of just under...
by - May 3, 2011
Honda Motor Co. said that from two days each week from May 9 through July 1 at its North American assembly, transmission and engine plants, its product schedules will be...
by - May 3, 2011
The credit ratings of Chrysler Group LLC are below those of rivals, Ford Motor Co. and General Motors Co., after it was assigned credit ratings below investment grade. The day...
by - May 3, 2011
A Senate Energy and Natural Resources Committee spokesman said that this month, a $10 billion bill that may provide funding to suppliers with fuel-saving technology is set to be presented...
by - May 3, 2011
To generate funds for projects that fight AIDS, MINI is offering a specially dedicated vehicle for the 2011 Life Ball event. This is the 11th time that MINI has shown...
by - May 3, 2011
BMW revealed that a four-wheel-drive version of the new M5 is in the works. Expected to rival the Mercedes-Benz E63 AMG, BMW’s version features a 552bhp twin-turbocharged V8 motor and...
by - May 3, 2011
As the income of Ally Financial Inc. decreased at two of its core units, it reported a 9.9% drop in its profit in the first quarter. In a statement, the...
by - May 3, 2011
Anyone who has ever had their car exterior damaged due to bird droppings will want to know what the research by UK's leading car care expert Autoglym says about the...
by - May 3, 2011
Porsche Panamera, the brand’s second best-selling model, is a favorite in the aftermarket industry. One of the reasons is that Porsche models are not extremely expensive such as a Ferrari...
by - May 3, 2011
Tuning specialists Novitec Rosso has transformed the 8C Spider to become the most powerful and fastest Alfa Romeo in the world. The vehicle has an output of 600hp due to...
by - May 3, 2011
Mini USA’s sales in April were its best ever yet, attributed largely to the increasing gasoline prices and the appeal of its new four-door Countryman crossover. In April 2011, Mini...
by - May 2, 2011
Volvo’s British division announced that it will introduce the new top-of-the-line saloon and sporty estate models, in the guise of the S80 Executive and the V70 R-Design. The two models...
by - May 2, 2011
The British division of Skoda has launched a new trim level named SE Plus throughout its model range. The SE Plus is positioned between SE and range-topping Elegance models. It...
by - May 2, 2011
Spyker Cars, the owner of Saab, has entered into a joint venture agreement with China-based Hawtai Motor Group for distribution, manufacturing and technology. This partnership will give Saab the opportunity...
by - May 2, 2011
Volkswagen AG is now laying the foundations for a profitable growth in all business fields and segments, Chief Operating Officer Martin Winterkorn declared during the automaker’s recent annual shareholders meeting...
by - May 2, 2011
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