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The European Investment Bank (EIB) said that, in 2011, it will lend EUR500 million ($684 million) to a joint venture with Fiat S.p.A. in the central town of Kragujevac, Serbia. ...
by - January 31, 2011
Zipcar officially announced today the introduction of eight Toyota Prius Plug-In Hybrid Vehicles (PHVs) into its network. According to Zipcar a.k.a. world's leading car sharing service, the new cars will...
by - January 31, 2011
Fiat S.p.A.’s unit-sales bright spots in 2010 were Brazil, Alfa Romeo and light commercial vehicles; however, strong gains from all three were unable to stop an overall decline of 3.2...
by - January 31, 2011
Sources say that Fiat Industrial S.p.A. plans to sell up to 2.2 billion euros ($3 billion) of bonds to refinance a loan arranged in December. Fiat Industrial, the trucks and...
by - January 30, 2011
Federal auditors are trying to determine if the Obama administration pressured General Motors to give more funding for Delphi Corp.'s pension plan for hourly workers. This audit is centered on...
by - January 30, 2011
Since the $25 billion Advanced Technology Vehicles Manufacturing Loan program was launched in September 2008, the Department of Energy has awarded less than $8.5 billion. This is why automakers, suppliers,...
by - January 30, 2011
Talks are ongoing between Proton Holdings and CIMB and several other domestic banks to be granted a substantial loan in the amount of £480 million ($768 million) to spend on...
by - January 30, 2011
Clarion Co., which has boosted its CZ101E base unit with superior styling and advanced user interaction, has delivered all that’s expected for entry-level audio: enhanced sound quality, compatibility with your...
by - January 30, 2011
On February 5, UK dealerships will start to receive Suzuki's all-new GSX-R600, which was recently launched at the Almeria race circuit in Spain where it was named the new king...
by - January 30, 2011
The first phase of SEAT’s scheme to establish itself as a leader in solar power generation in Spain has recently been completed. This project, dubbed the ‘SEAT al Sol’, is...
by - January 30, 2011
A technical center has opened in suburban Detroit to conduct chassis R&D for Chongqing Changan Automobile Co.’s own brands in China. Initially, this $30 million R&D center will have 30...
by - January 29, 2011
So as not to be outdone, Chevrolet, one of the major car suppliers for the NASCAR teams, has already started working on the replacement car for America's premiere racing series....
by - January 29, 2011
Nissan North America’s new 2012 NV, the commercial vans that are being produced in its plant in Canton, Miss., will go on sale in late February. With this model, Nissan...
by - January 29, 2011
Volkswagen’s new Passat model will be part of a U.K. nationwide tour that will start on Jan. 24 in Aylesbury. The British division of Volkswagen said that the 50-day road...
by - January 29, 2011
Over complaints that California’s preliminary plan for 2017-25 fuel economy standards was too fast, the Obama administration and the state of California have agreed to a single timetable. According to...
by - January 29, 2011
Infiniti, Nissan’s luxury brand, has revealed the technical specifications and performance figures of the M35h model – its first ever hybrid which it unveiled at the Paris Motor Show in...
by - January 29, 2011
A BMW insider said that the 1-Series Gran Turismo is a go for the next-generation 1er and will combine features of the 5dr hatch and the Touring. This insider, who...
by - January 29, 2011
For the fourth quarter of 2010, Gentex Corp. said that its net income increased by 23% to $36.9 million on record quarterly sales of $222.1 million. Based in Zeeland, Mich.,...
by - January 29, 2011
Ferrari has recently launched the new F150, its 2011 spec challenger, with no less than its future drivers Fernando Alonso and Felipe Massa presenting it to the media at Maranello....
by - January 29, 2011
BMW has confirmed that later this year, it will offer a four cylinder unit, which features twin-scroll turbocharging and high-pressure direct-injection, in the U.S. market. The last time that BMW...
by - January 29, 2011
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