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Citing Audi’s excellent performance, Volkswagen AG announced that it will import all its Audi models to China, according to Zhang Xiaojun, executive vice president of FAW-VW Audi Sales Division. In...
by - October 29, 2010
Electric car maker Tesla Motors Inc. and Toyota Motor Corp. are considering the option of building battery-powered RAV4 sport-utility models at the US automaker's California plant. Gilbert Passin, Tesla's vice...
by - October 29, 2010
On Nov. 8, Hyundai's new ix20 mini-MPV will go on sale and it will have a starting price of £11,595. The Entry-level Classic is priced nearly identical to the closely...
by - October 29, 2010
The latest auto trend that has seeped into the extremely high-end segment is the dull look. Matte paint had previously been reserved for cars used for crash testing. But now,...
by - October 28, 2010
With the announcements that Porsche has made lately about its future plans, it’s apparent that there has been a marked change in how it is preparing these plans. For instance,...
by - October 28, 2010
After having posted surging results in China, Volkswagen AG CEO Martin Winterkorn claims that the company is gaining on Toyota Motor Corp.’s sales and profitability. He added that the Volkswagen...
by - October 28, 2010
Toyota Motor Corp.’s President Akio Toyoda said that it is likely to revise its currency assumption for its full-year profit forecast to about 80 yen to the US dollar from...
by - October 28, 2010
For the third quarter, Volkswagen’s luxury brand Audi had profitability that far exceeded market forecasts and thriving earnings from its China operations. Last Wednesday, VW revealed detailed quarterly results and...
by - October 28, 2010
Before electric cars could take off on their own, they will require two years of government support in developed markets, according to Renault CEO Carlos Ghosn. Renault has said that...
by - October 28, 2010
A new line of premium cars in China will be launched by PSA/Peugeot-Citroen's joint venture with Changan Automobile Group, according to Gregoire Olivier, the CEO of Asian operations. This new...
by - October 28, 2010
Affected by declining unit sales and rising raw material costs, Ford of Europe had reported its first quarterly loss since early 2009. Last Tuesday, Ford Motor Co. said that its...
by - October 28, 2010
Visteon Corp.'s sales increased slightly; however, it posted a widening in its third-quarter loss due to reorganization and post-retirement related expenses. The automotive supplier posted a loss of $140 million...
by - October 28, 2010
Nissan Motor Co. launched the high-end Fuga hybrid, its first gasoline-electric car developed in-house. Nissan claims that this car offers 45 mpg (5.3 liters per 100km) in Japan – a...
by - October 28, 2010
For those who don’t know, Porsche will launch its first hybrid vehicle – the Cayenne S Hybrid – this weekend. But this is not the only good news we have...
by - October 28, 2010
Subaru unveiled the 2011 Forester STI Ts, a special edition of its popular crossover which will be manufactured in a limited edition of just 300 units. Built only for the...
by - October 28, 2010
Mercedes-Benz announced that it is one of the first car manufacturers to offer new xenon headlamps boasting a significantly brighter light output. As a result, the the E-Class and S-Class...
by - October 28, 2010
Bugatti announced that it introduced the Veyron 16.4 Grand Sport car in India, due to the fact that the combined net worth of India's 100 wealthiest people climbed to a...
by - October 28, 2010
We have bad news for Nissan owners, as the Japanese manufacturer will recall 2.14 million passenger cars and light trucks, including the Titan pickup and Pathfinder SUV, in order to...
by - October 28, 2010
As expected, as we already told you yesterday (click to read here), General Motors announced today that it will invest $190 million in its Lansing Grand River assembly plant for...
by - October 28, 2010
Chrysler Group unveiled today the 2011 Dodge Avenger, a revamped version of the popular sedan which promises to offer a new interior, a redesigned exterior and new performance figures. As...
by - October 28, 2010
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