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Magna International Inc.’s founder Frank Stronach received $52 million in consulting fees from Canadian auto supplier in 2013. Stronach received around $900 million to cede control of Magna under a...
by - April 9, 2014
When we thought we’ve seen all the cars and will not be surprised, Bentley unveiled today the Mulsanne Hybrid Concept, its first plug-in hybrid model. What’s more interesting is that...
by - April 9, 2014
Ok, the news about the Mercedes-Benz MLC are not quite new as we know that the German carmaker wants to take on the BMW X6 due to the impressive sales...
by - April 9, 2014
Tesla Motors Inc. is establishing a financing unit aimed at corporate buyers for its Model S premium electric sedan. This will allow small and medium-sized businesses to estimate the cost...
by - April 9, 2014
Audi was the first German carmaker to offer all-wheel drive performance cars. As you may know already, Mercedes-Benz followed Audi and we’ve heard that BMW is also planning to introduce...
by - April 9, 2014
The third-generation Iveco Daily will be unveiled to the international press in June 2014. The new Daily -- build at Iveco’s recently upgraded production sites in in Suzzara, Italy and...
by - April 9, 2014
For the 2014 Beijing Motor Show (also known as Auto China 2014), Citroen prepared a new DS concept car. Dubbed Citroen DS 5LS R Concept, this is a new version...
by - April 9, 2014
Back in March, at the 2014 Geneva Motor Show we saw the Ford Focus Facelift and honestly we were very impressed by its looks. For the 2014 New York International...
by - April 9, 2014
Renault-Nissan chief executive Carlos Ghosn still sees great potential in Russia despite a current slump in auto sales in the country as well as current geopolitical matter in the region....
by - April 8, 2014
Audi logged a 15-percent rise in global deliveries in March to 170,450 vehicles, a new company sales record in a single month. The rise was boosted by demand for the...
by - April 8, 2014
Nissan has agreed to a four-year partnership with UEFA, becoming the automotive sponsor of the Champions League. The sponsorship deal, which is Nissan’s largest to date, is part of its...
by - April 8, 2014
At the 13th Beijing International Automotive Exhibition (Auto China 2014), Honda will bring not one but two new concept cars, which will probably preview its future models. According to the...
by - April 8, 2014
The National Highway Traffic Safety Administration has awarded five-star Overall Vehicle Score -- the highest possible overall rating -- to the 2014 Ford Transit Connect Wagon. The Tourneo Connect --...
by - April 8, 2014
Fifteen years after its launch, the Renault-Nissan alliance is coming to the United States 15 years after it was launched. It chief executive, Carlos Ghosn, want the alliance maximize efficiency,...
by - April 8, 2014
There is a new tool that allows General Motors’ around 1,200 dealerships help service departments increase customer retention and service revenues. Dealers are now having their service advisers use a...
by - April 8, 2014
A campaign by the Italian government targeting against tax evaders has affected sales of Lamborghini in the country, chief executive Stephan Winkelmann told Automotive News Europe. Italian finance police are...
by - April 8, 2014
Mercedes AMG Petronas scored a one-two finish at the Bahrain Grand Prix with winner Lewis Hamilton edging teammate Nico Rosberg by just a second. The wins marked the second straight...
by - April 8, 2014
Audi has just unveiled the latest sketched of its newest concept car that will be revealed at the Beijing Motor Show a.k.a. Auto China 2014. As you may know already,...
by - April 8, 2014
Ford revealed the all-new Ford S MAX Vignale Concept in Milan today. This is part of the company’s continued expansion of its ideal for a distinct high-quality product and owner...
by - April 8, 2014
Fiat plans to offer six-speed Aisin automatic transmission as an option in 2015 Fiat 500 Abarth and Turbo models in the United States, according to Jason Stoicevich, head of the...
by - April 8, 2014