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Swedish carmaker Volvo Cars could build up to three plants in China, according to Volvo CEO Stefan Jacoby. Volvo, which is owned by China's Zhejiang Geely Holding Group Co., aims...
by - October 29, 2010
Renault SA attributes the 7.6% increase in third-quarter sales to the growth in emerging markets such as Russia, Brazil and Argentina. The carmaker revealed that its revenue rose to 8.71...
by - October 29, 2010
J.D. Power & Associates predicts that hybrid cars and electric vehicles would only account for 7.3% of global sales by 2020. This is certainly lower than what advocates for these...
by - October 29, 2010
Moody's Investors Service said that Volkswagen AG and Daimler AG are at the top of the list of European companies that have to repay over $1 trillion of maturing debt...
by - October 29, 2010
In the first nine months of the year, Volkswagen AG's Bentley and Seat units were the only money losers in VW Group. Despite boosting unit sales by 29.9%, the UK-based...
by - October 29, 2010
The most famous James Bond vehicle of all time – a silver 1964 Aston Martin DB5 --sold for 2.9 million pounds ($4.6 million) at a London auction recently. This vehicle...
by - October 29, 2010
SAIC Motor Corp. increased its profit by 47% in the third quarter as it sold more cars with partners Volkswagen AG and General Motors Co. in China, the world's biggest...
by - October 29, 2010
There is a new direction for the interior design of future Mercedes-Benz models. This will be shown first in the next-generation Mercedes S-Class that the carmaker claims will feature a...
by - October 29, 2010
Abu Dhabi is now host to the Ferrari World theme park -- a world-class entertainment and leisure facility that is now drawing hordes after hordes of tourists and locals alike...
by - October 29, 2010
According to the latest reports, it appears that Toyota secretly bought back from U.S. consumers vehicles it found with speed-control defects! Yes, it appears that the Japanese manufacturer hoped to...
by - October 29, 2010
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
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