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Sergio Marchionne, in his capacity as chief executive of Fiat Chrysler Automobiles, received a pay package valued at EUR31.3 million ($34 million) in 2014, according to a filing with the...
by - March 11, 2015
Volkswagen would discontinue the two-door versions of the Polo hatchback when it launches an over-hauled version of the model in 2017 as it bids to cut costs at its core...
by - March 11, 2015
Jaguar Land Rover needs to have a plant in the United States to remain competitive and continue to grow, remarked chief executive Ralf Speth. However, JLR needs to have a...
by - March 11, 2015
Lexus was the best-selling luxury brand in the United States for 11 years until 2011, thanks to its reputation for durability and its versatile RX crossover. Since then, the luxury...
by - March 11, 2015
Roland Krueger, president of Infiniti Motor Co., expects the recently unveiled Infiniti QX30 crossover concept to boost the premium brand's sales in North America and Europe while helping it expand...
by - March 11, 2015
Mercedes-Benz posted a 14.6-percent jump in vehicle sales in February 2015 to 120,270 units. Ola Kallenius, member of the Board of Management of Daimler AG responsible for Mercedes-Benz Cars Marketing...
by - March 10, 2015
Exotics Tuning has released its own kit for BMW’s F80 M3. Ever since the F80 M3 was launched, a number of companies like AC Schnitzer or Hamann have released their...
by - March 10, 2015
Apple Inc. is exploring a possible resolution of a lawsuit wherein it allegedly poached employees from A123 Systems LLC amid reports that the tech giant has an ongoing project to...
by - March 9, 2015
Audi is planning to offer 4G LTE or 3G high-speed data connectivity to almost all of its 2016 model-year vehicles in the United States, partnering with AT&T. Only those US...
by - March 9, 2015
In the past 14 months, Ford Motor Co. saw its saw sales dropped eight times in the United States, the latest in February 2015. Ford posted a 2-percent drop in...
by - March 9, 2015
While carmakers are racing to add more gadgets into their vehicle offerings, Group Lotus is removing them, so says its chief executive Jean-Marc Gales. He told Reuters in an interview...
by - March 9, 2015
Fiat Chrysler Automobiles ‘s production site in Tychy, Poland will commence output of restyled versions of the Fiat 500 and Lancia Ypsilon this year, two sources privy with the matter...
by - March 8, 2015
Ford Motor Co. has been the perennial No. 2 carmaker in the United States, but in February 2015 it was topped by a Japanese carmaker. That month, Toyota Motor Corp....
by - March 7, 2015
Jeep plans to have more dealerships in China from 160 to almost 220 this year and commence local output of the Cherokee SUV in November and the Renegade in 2016,...
by - March 7, 2015
Fiat Chrysler Automobiles may sell more than 10 percent of its stake in Ferrari when the division holds an initial public offering this year. According to FCA chief executive as...
by - March 6, 2015
FCA US saw its sales jump 5.6 percent in February 2015 to 163,586 vehicles, thanks to strong demand for Jeeps, Ram pickups and the Chrysler 200. The surge marked the...
by - March 6, 2015
South Korean carmakers Hyundai and Kia logged 7-percent surge in sales in February in the United States, faring good on a slightly weaker-than-expected month for car sales. Bob Pradzinski, vice...
by - March 6, 2015
Grabbing the accolade as Europe's 2015 Car of the Year is the Volkswagen Passat, the brand’s third in six years. The Passat gained 340 points from a panel of 58...
by - March 5, 2015
Carmakers are finally seeing growth in Europe after years of slump, but remain cautious of the possible effect of the current situation in the Russian auto market. Opel chief executive...
by - March 5, 2015
Volvo Cars posted a 17-percent jump in operating profit in 2014 to SEK2.25 billion ($271 million) from SEK1.92 billion in 2013. The carmaker also logged a 6.3-percent jump in revenue...
by - March 4, 2015
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