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Up to 5% of General Motors Co.’s common stock will be sold in its initial public offering for its employees, retirees and dealers, according to a filing that GM submitted...
by - October 15, 2010
The initial public offering of Tower International Inc. for 6.250 million shares was priced at $13 a share – which falls below expectations. Tower International, the automotive supplier controlled by...
by - October 15, 2010
Mitsubishi Motors Corp. seeks to launch a small business-use electric vehicle (EV) in Japan by the end of 2011, according to President Osamu Masuko who spoke at a ceremony to...
by - October 15, 2010
In its audit of suppliers in North America following the massive recalls, Toyota Motor Corp. discovered that the crisis stemmed from a “problem that came from the design- development stage.”...
by - October 15, 2010
Ford Motor Co. is working on a production version of the Start, whose concept was introduced at the Beijing Auto Show earlier this year, according to an autocar report. The...
by - October 15, 2010
Pricing for MINI’s Countryman model is revealed as it is about to enter the US market. Three equipment levels are available: base, S and ALL4 (which offers all-wheel-drive). The entry-level...
by - October 15, 2010
After signifying an interest to return to the DTM (German Touring Car Championship) last April, BMW has finally confirmed that it will make its comeback in 2012. BMW had left...
by - October 15, 2010
Sources say that after meeting with sovereign wealth funds, General Motors Co. is on course to move ahead with its initial public offering during the week of Nov. 15. Many...
by - October 15, 2010
Bentley has started to develop its own four-door coupe, according to autoexpress. In recent years, the four-door coupe segment has constantly been expanding. The vehicle that Bentley is currently developing...
by - October 15, 2010
Peugeot’s new iOn electric car is not cheap but the carmaker is stressing that its high price is offset somewhat by the fact that it offers low running costs. The...
by - October 14, 2010
After the Russian auto market has experienced another big gain in new-car sales last September, Russia’s auto association has become very optimistic about the rest of 2010. In a statement,...
by - October 14, 2010
Considered the leader in hybrid cars, as it introduced the Prius 13 years ago, Toyota announced today that it developed a new Ecological Plastic that it is ready to be...
by - October 14, 2010
Ford Motor Co.’s "Smarter Than Luxury" campaign was launched Oct. 2 during NBC's telecast of the Ryder Cup golf tournament. Ford is hoping that these three 30-second spots featuring the...
by - October 14, 2010
As part of an effort to hasten the adoption of plug-in hybrids such as the forthcoming Chevy Volt, General Motors Co. and two Michigan utilities pledged to install over 5,300...
by - October 14, 2010
The vehicles that BMW and Mercedes-Benz will bring to the US will be based on platforms smaller than those currently being sold there. What BMW will bring is a new...
by - October 14, 2010
As part of a strategy to dominate the green-car market, Toyota Motor Corp. announced recently that it will add more electric-drive vehicles to its lineup. At an annual dealership conference...
by - October 14, 2010
According to the latest reports, it appears that Volkswagen Group is working hard on the PQ25 platform for all-wheel drive. This platform will be used by the forthcoming Audi S1....
by - October 14, 2010
Suzuki revealed today the first photo with the Swift R Concept, a new car that anticipates the new Swift Sport. Set to make its debut at the 2011 Beijing Motor...
by - October 14, 2010
Tesla Motors announced that it has reached a $60 million deal with Toyota Motor Corp, in order to develop the powertrain for an electric version of the RAV4 SUV. For...
by - October 14, 2010
As expected, Ford introduced today at the Australian International Motor Show the all-new Ford Ranger. As you can see from the photos, the new car introduces the new family face...
by - October 14, 2010
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