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Matthias Mueller, Porsche AG’s CEO, has decided to create a new product strategy department as the company seeks to expand its model lineup and more than double its unit sales....
by - February 17, 2011
Saab Automobile AB has named Nils-Johan Andersson as Vice President and Chief Financial Officer. Andersson will be reporting directly to Saab Automobile President and Chief Executive Jan Ake Jonsson and...
by - February 17, 2011
General Motors Co. CEO Dan Akerson told reporters in Beijing that the automaker will boost its investments in China and launch 20 new and upgraded models by 2012 to tap...
by - February 17, 2011
Lincoln offers the new MKT Town Car as an alternative to the Town Car, which will be phased out along with other vehicles that are built on the Panther Platform...
by - February 17, 2011
Juha Kankkunen, Finland’s four-time world rally champion, drove a Bentley Continental Supersports convertible on the dangerous frozen waters of the Baltic Sea, off the coast of Finland, at 205.48 mph...
by - February 17, 2011
Mazda revealed today the 2012 Mazda3 Facelift, its refreshed model which will be unveiled at the 2011 Canadian International AutoShow. Furthermore, the Japanese manufacturer also announced that it will offer...
by - February 17, 2011
Sources say that the Lambda-based next-generation GMC Acadia crossover has been canceled by General Motors because of some product overlap despite GM’s reduced brand structure in North America. The Acadia...
by - February 17, 2011
For 10 straight months, Toyota Motor Corp., Fiat S.p.A. and Ford Motor Co. were hit by declines in European car sales as consumers slashed spending following the end of government...
by - February 17, 2011
Daimler AG said in a recent statement that its sales rose 24 percent to EUR26.4 billion euros. The company posted earnings before interest and taxes that failed to meet estimates...
by - February 17, 2011
As expected, Honda revealed today the all-new 2012 Civic, a car previewed by a concept version back in January, which promises to better meet the diverse needs of the compact-vehicle...
by - February 17, 2011
Mercedes-Benz has entered a deal to take over Smart car distribution in the U.S. from Penske Automotive Group, according to a statement from the two companies. In 2008, Penske launched...
by - February 16, 2011
As General Motors Co. prepares to negotiate a labor contract this year, the company said that it expects to give unionized U.S. hourly employees profit-sharing checks that average at least...
by - February 16, 2011
Under President Obama’s fiscal 2012 budget proposal, $200 million will go to federal grants for up to 30 communities that advance electric vehicle use through fleet purchases, infrastructure investment and...
by - February 16, 2011
The redesigned Azera from Hyundai Motor America is expected to hit U.S. dealerships in January 2012. The carmaker expects that the new Azera will appeal to Sonata owners, as well...
by - February 16, 2011
For its 2014 model year, Jeep will move upmarket with the release of its largest and most expensive Jeep, the Grand Wagoneer, which will compete with the Cadillac Escalade, Mercedes-Benz...
by - February 16, 2011
There are rumors that MINI's future product lineup will offer even smaller models to meet the growing demand for this type of cars. In an interview at the Chicago Auto...
by - February 16, 2011
The Range Rover Evoque has a price tag of about $45,000, making it cost $8,500 higher than a Land Rover LR2 and about $3,500 less expensive than an LR4. But...
by - February 16, 2011
UK consumers will soon get their hands on the long-wheel-base version of Audi’s A8. The carmaker revealed that A8 L will be longer by 130mm than the standard car to...
by - February 16, 2011
Mercedes-Benz is hoping that its C-Class Coupe, which will debut at the Geneva Motor Show next month, will appeal to the younger market. A Mercedes spokesman told Automotive News Europe...
by - February 16, 2011
Spy shots that were leaked last summer of the F10 BMW M5 proved that it will be the first M car offered only with a fully automatic transmission, with manumatic...
by - February 16, 2011
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