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General Motors Co. will likely price its initial public offering at or above the high end of the range next week on Nov. 17 while exercising an option to sell...
by - November 15, 2010
Two sources said that later this month, Fiat S.p.A.'s lenders will syndicate 4 billion euros ($5.5 billion) of loans as the carmaker prepares to spin off its industrial units. The...
by - November 15, 2010
According to the latest reports from Automotive News, Lamborghini announced that its Murcielago successor dubbed Aventador LP700-4, will be greener than ever as it will reduce carbon dioxide emissions 20...
by - November 15, 2010
Lamborghini revealed today the details and photos of its all-new V12 engine as well as its new ISR (Independent Shifting Rod) transmission. The new powertrain will enter production early 2011,...
by - November 15, 2010
According to the latest reports from Automotive News, it appears that Dodge will receive a 40-mpg small car based on the new Fiat platform within 14 months. Furthermore, Dodge CEO...
by - November 15, 2010
John Krafcik, Hyundai Motor America president, analyzed the Obama administration proposal that required automakers to deliver an average of 62 mpg by 2025. He said that the Korean manufacturer can...
by - November 15, 2010
The first markets for Ford’s Focus Electric have already been selected. For the North-east region, there is Boston and New York. There are also two cities for the Midwest region...
by - November 15, 2010
Mercury is expected to post strong sales numbers for November, as Ford announced that some dealers pushed to move out their inventory or took at least final incentive payment and...
by - November 15, 2010
Bmw of North America launched today the first user-generated iAD to promote the 2011 Bmw X3, which will make its North American debut this week at the 2010 LA Auto...
by - November 15, 2010
Rumors are circulating that BMW is set on creating a bigger X7 that is meant to become a major player on the SUV market in the US. BMW is pinning...
by - November 15, 2010
General Electric pledged that by 2015, half of its global fleet will be composed of electric cars. GE also announced that it has made an initial purchase of 12,000 GM...
by - November 15, 2010
Because of the surge in the demand for fuel-efficient engine and transmission technologies, BorgWarner Inc. anticipates a 28 percent increase in new business for its powertrain products over the next...
by - November 14, 2010
The tuning experts at Mansory have launched a “full-throttle” tuning program for the BMX X6 M. Just last September, Mansory debuted a similar modification package for the BMX X5 M....
by - November 14, 2010
SAIC Motor Corp. has tapped US startup A123 Systems Inc. to supply lithium-ion cells to be used in an electric vehicle that’s due in 2012. At Advanced Traction Battery Systems...
by - November 14, 2010
General Motors Financial Co.’s net income nearly doubled in the first quarter (three months through Sept. 30), from to $51.3 million from $25.8 million a year ago. General Motors Co.'s...
by - November 14, 2010
Market experts say that next summer, European carmakers will start to see sales recover from the double-dip recession that has plagued Europe since May 2008. Jonathan Poskitt, European sales forecast...
by - November 14, 2010
Sebastian Vettel won the Abu Dhabi Grand Prix and in doing so, the 23-year-old became Formula 1's youngest-ever world champion. This win was also momentous as he had beaten main...
by - November 14, 2010
Sebastien Loeb had his eighth win of the 2010 season in the Rally of Great Britain, rounding off the World Rally Car era. Loeb had beaten Petter Solberg by 19.1...
by - November 14, 2010
The United States and South Korea are resolutely working on a free-trade agreement between the two countries and both sides are trying to resolve the differences on cars in preparation...
by - November 14, 2010
Spearheading the new model lineup from SsangYong is the recently launched Korrando. Within 12 months, the Korean SUV and crossover specialist will add a larger SUV to the range that...
by - November 13, 2010
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