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Talks between Volkswagen of America and chief executive Stefan Jacoby over his employment contract are ongoing as it's likely that he will soon take over as the CEO of Volvo...
by - June 24, 2010
With the increase in car demand this quarter, the operating profit of Mercedes-Benz unit is also expected to rise. In a statement, chief executive officer Dieter Zetsche said that Mercedes-Benz...
by - June 23, 2010
By the end of 2013, five new models will be launched by Swedish auto company Saab. Going on sale later this year is a redesigned 9-5 sedan that Saab hopes...
by - June 23, 2010
Japanese carmaker Honda announced today the pricing in the United States for the brand new 2011 Honda CR-Z sport hybrid coupe which is set to hit the dealerships on August...
by - June 22, 2010
Toyota announced today that the pricing for the 2011 Tacoma compact pickup truck will start from $16,365 for the Regular Cab 4x2 while for the Tacoma Double Cab 4x4 will...
by - June 18, 2010
PSA/Peugeot-Citroen SA's upcoming electric vehicles will be equipped with a dedicated, advanced telematics system, which makes them distinctive from the Mitsubishi i-MiEV, the model where they were based. When the...
by - June 17, 2010
As the car demand in China rises, Volkswagen plans to double production capacity in the country by constructing a new plant in southern China, more specifically, in the Foshan, Guangdong...
by - June 10, 2010
Japanese luxury carmaker Lexus – the premium unit of Toyota Motor Corp -- has just confirmed that the SC 430 luxury hardtop convertible will end production this July. The model...
by - June 10, 2010
Fiat S.p.A. has finally drawn a restructuring plan for Chrysler Group, a company which it partly owns but manages. As per the Italian company’s plan, by 2011, the Chrysler badge...
by - June 9, 2010
BMW announced its celebration of the one millionth X5 model produced within 11 years. This vehicle -- a sapphire black metallic BMW X5 xDrive35i featuring cinnamon brown Nevada leather trim...
by - June 8, 2010
Within the next two years, Hyundai-Kia will start low-volume production of at least one fuel cell model. However, Hyundai-Kia, Korea's largest automotive group, has yet to announce if this car...
by - June 4, 2010
Sources say that Jan Ake Jonsson, chief executive officer of Saab Automobile, is being eyed for the top job at Volvo Cars, according to Swedish daily Dagens Industri. Jonsson is...
by - June 3, 2010
In an unexpected turn of events, Judge Arthur Gonzalez of the United States Bankruptcy Court of the Southern District of New York has approved the sale of Chrysler's assets to...
by - June 1, 2010
The Mercury brand will die a slow death, according to an Automotive News report that cited two sources. Ford Motor Co. supposedly wants to eliminate the 71-year-old brand in a...
by - May 31, 2010
Sales of sports cars have been so low in the first four months of 2010 that there's a risk that we may be saying goodbye to these sports cars for...
by - May 30, 2010
After Taiwan-based auto maker Luxgen received much success for its MPV – the Luxgen7 MPV -- it is now unveiling its second model. The Taiwanese auto brand said that its...
by - May 30, 2010
Production of the 2011 Nissan Micra subcompact started on Monday in India. The model will go on sale in India in July and in Europe this November. In a statement,...
by - May 24, 2010
Lazard Ltd. has been appointed by the US Treasury Department to give advice on an initial public offering of General Motors Co., according to a source familiar with the issue. ...
by - May 22, 2010
Opel/Vauxhall CEO Nick Reilly and labor leader Klaus Franz reached a European-wide tentative agreement in support of the company's Plan for the Future. Negotiations have been participated for nearly half...
by - May 22, 2010
On June 5, the BCA Blackbushe near Camberley in Surrey, United Kingdom, will host a massive Fast and Furious sale of 350 sports cars, coupes, performance vehicles, motorcycles and convertibles. ...
by - May 22, 2010