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Sources said that Toyota Motor Corp. wants to improve decision-making and to do this, the board will be reduced from having 27 members down to at least 17 members. This...
by - February 15, 2011
Fiat S.p.A. has made a pledge to spend 20 billion euros ($27 billion) to revamp domestic plants. CEO Sergio Marchionne confirmed this after coming out from a meeting with Italy’s...
by - February 15, 2011
Asbury Automotive Group Inc. Chief Financial Officer Craig T. Monaghan has been named as the successor of 64-year-old Charles Oglesby, who stepped down as president and CEO recently. Until his...
by - February 15, 2011
Audi revealed today the first photo and details of its new A8 L Security, a long-wheelbase high-security version of the A8 flagship sedan, which promises to offer special security features...
by - February 15, 2011
It was not a secret anymore that Porsche was working on three electric prototypes of the Boxster, right? Well, Porsche decided to reveal one of them at its museum in...
by - February 15, 2011
According to the latest media reports, it appears that we will not see a merger between Fiat and Chrysler before 2014. These words cam from Sergio Marchionne, CEO of Fiat...
by - February 15, 2011
Carlos Ghosn, Renault S.A.’s CEO, said that merging with alliance partner Nissan Motor Co. was still “not feasible” after unveiling three-year goals that did not meet previous targets. During a...
by - February 15, 2011
Audi’s TT-RS sportscar debuted for the US market at the Chicago Auto Show. Audi has released the official details about the US version of the car, which will be getting...
by - February 14, 2011
Driving the Lexus LFA requires some skills that the new owner may not already have and so, Lexus created the driver development program for future owners in the US. Mark...
by - February 14, 2011
One of Ford Motor Co.’s strategies to overtake rivals is to reduce the weight of its lineup. CEO Alan Mulally said that coming up with lightweight vehicles is the foundation...
by - February 14, 2011
After raising the number of dealerships that are open on Saturdays, Chrysler Group LLC is now planning to encourage more of its independent franchises to provide maintenance services on Sundays...
by - February 14, 2011
General Motors Co. has started a promotion earlier this month that entices current lease holders to buy a new car and have the last three payments on existing leases waived....
by - February 14, 2011
Roush Manufacturing Inc.’s production of home and commercial plug-in electric-vehicle chargers for Ecotality Inc. has started. During the ribbon-cutting last week of a new plant located within Roush Enterprises Inc.'s...
by - February 14, 2011
Volkswagen AG’s Slovak unit recently said that the company plans to invest EUR1 billion ($1.4 billion) in Slovakia in the next five years to boost car and parts production. The...
by - February 14, 2011
Tata Motors Ltd., Jaguar Land Rover’s owner, said in a statement that net income rose to INR24.2 billion ($529 million) in the three months ended Dec. 31, 2010, from INR6.5...
by - February 14, 2011
Italy's Prime Minister Silvio Berlusconi has a meeting scheduled with Fiat S.p.A. CEO Sergio Marchionne to discuss Fiat's future plans. The 58-year-old Marchionne must reassure Berlusconi that he has no...
by - February 14, 2011
It appears that Porsche wants to expand the Panamera range with a new model! According to media reports, Porsche is working on a long wheelbase version of the Panamera in...
by - February 14, 2011
Finally, McLaren revealed today the official specs of the new MP4-12C supercar, new model set to challenge legendary sports cars manufacturers such as Ferrari, Lamborghini and Porsche. For those who...
by - February 14, 2011
For the fourth quarter of 2010, BorgWarner Inc.’s net income more than doubled from the same quarter last year. And because of this, the supplier boosted its new-business expectations for...
by - February 14, 2011
We have great news for all the folks out there who love muscle cars, as GM is preparing to introduce a limited edition Camaro model every six month in an...
by - February 14, 2011
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