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Vladimir Dmitriev, the CEO of Russia’s state development bank VEB, told journalists that the bank is ready to invest in a joint venture between the Russian carmaker Sollers and Ford...
by - February 27, 2011
Swedish automaker Volvo Cars, which Zhejiang Geely Holding Group Co. bought in August 2010 for $1.5 billion, will build its first Chinese assembly plant in Chengdu, China, according to an...
by - February 27, 2011
Dana Holding Corp., which makes axles, driveshafts, transmissions, sealing and thermal-management products, and service parts, reported a narrower fourth-quarter net loss as sales rose. The company also revealed that it...
by - February 27, 2011
The 21st Century Business Herald, a Chinese newspaper, said automaker SAIC Motor Corp. seeks to more than triple the annual sales of its proprietary MG and Roewe models to 700,000...
by - February 27, 2011
German media reported that the investigation by public prosecutors in Stuttgart into former Porsche CEO Wendelin Wiedeking has ended. Sueddeutsche Zeitung said that the charges will be dropped against Wiedeking...
by - February 26, 2011
Pricing details for the three trim levels of the new pick-up, the Amarok, have recently been released by Volkswagen’s UK division. The base Startline model equipped with a 2.0-liter TDI...
by - February 26, 2011
Nissan Division is combining zero percent financing, factory cash, a six-week dealer stair-step program and an aggressive lease-loyalty program to boost vehicle sales as it closes its fiscal year. Dealers...
by - February 26, 2011
Audi has confirmed that Britain’s very own Oliver Jarvis will be its official “factory” driver as he participates, for the fourth consecutive season, in the German Touring Car Masters (DTM)....
by - February 26, 2011
German unions turned down Volkswagen AG’s offer, which would raise the salaries of the workers by 2.9 percent over the next two years and give them a one-time payment of...
by - February 25, 2011
Volkswagen revealed today the all-new 2011 Tiguan and announced that the new crossover will make its official debut on March 1st at the 2011 Geneva Motor Show. According to the...
by - February 25, 2011
A highly economical version of the Up city car, which will return at least 95mpg, is headed our way as Volkswagen is now putting in the final touches. This model...
by - February 25, 2011
Volkswagen AG, the country’s biggest automotive employer, agreed to give 100,000 western German workers a 3.2 percent pay raise to prevent strikes as VW boosts production to meet record demand....
by - February 25, 2011
Volkswagen has placed a new ESP system on its most potent Golf GTI and R models and its entire Scirocco range, enabling the driver to fully disable electronic aids. The...
by - February 25, 2011
Due to reports of engine stalls, the U.S. National Highway Traffic Safety Administration is reviewing 97,272 Volkswagen cars equipped with 2-liter 4-cylinder turbodiesel engines. The affected models include the 2009...
by - February 25, 2011
In a written statement, Volkswagen AG has chosen labor law specialist Frank Fabian to head a newly created governance risk and compliance department. Fabian is expected to play an independent...
by - February 25, 2011
Germany's big three carmakers – BMW AG, Volkswagen AG and Daimler AG - which have added about EUR67 billion ($90 billion) in market value since the end of the 2009,...
by - February 25, 2011
A ruling from the U.S. Supreme Court exposes the auto industry to new lawsuits related to seatbelt design after it concluded that Mazda Motor Corp. has to defend against claims...
by - February 25, 2011
Fans have been eagerly waiting for Porsche to receive a version of the small midengine roadster concept that Volkswagen introduced in 2009. Nothing was ever confirmed but it now appears...
by - February 25, 2011
The Red Bull Škoda team will debut on March 5 at the Mexico Rally, the first round of the 2011 S-WRC series. Juho Hänninen and Mikko Markkula, who were the...
by - February 25, 2011
The British division of Infiniti has revealed that the M35h flagship will be priced at £46,840 when right-hand drive versions arrive in UK Infiniti Centres starting April. Infiniti is marketing...
by - February 25, 2011
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