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Activist investors may target General Motors Co. if the US carmaker fails to quickly return cash to shareholders from what it dubs as its “fortress balance sheet.” The United States...
by Anita Panait - December 2, 2013
Carmakers’ captive finance units dominated the J.D. Power's 2013 U.S. Consumer Financing Satisfaction Study. Ranked as the No. 1 auto lender among volume brands is Kia Motors with a score...
by Anita Panait - December 2, 2013
Maserati has just announced that the 2014 Ghibli will carry a price tag of $65,600 in the United States. The entry-level model is powered by a twin-turbo 3.0-liter V6 engine...
by Anita Panait - December 2, 2013
The Chinese government has broken up six gangs responsible for smuggling around $164 million worth of cars into China over the past three years. The smuggled vehicles included over 80...
by Anita Panait - December 2, 2013
The last of the outgoing MINI Hatch has come out of the production line at Plant Oxford. It was the 1,041,412th MINI Hatch produced from the high-tech plant, which has...
by Anita Panait - December 2, 2013
Mitsuhisa Kato, the executive vice president in charge of global r&d at Toyota Motor Corp., expects the carmaker’s so-called Toyota New Global Architecture, or TNGA, to result to big weight...
by Anita Panait - December 2, 2013
The Association of German Vehicle Tuners (VDAT), in cooperation with BMW AG, will launch a special concept car this year, in line with its "TUNE IT! SAFE!" initiative. The initiative...
by Anita Panait - December 2, 2013
SEAT is set to highlight its all-new Leon Cup Racer at the six-weekend customer racing series SEAT Leon Eurocup. The SEAT Leon Eurocup will commence in May 2014 and will...
by Anita Panait - December 2, 2013
IHS Automotive expects the light-vehicle production in North America -- United States, Canada and Mexico is -- to jump 7 percent year-on-year to 4.3 million units in the first quarter...
by Anita Panait - December 2, 2013
Toyota will not go 'European,' the brand's global design chief Simon Humphries told Automotive News at the Tokyo Motor Show, referring to the practice wherein carmakers have tendencies to make...
by Anita Panait - December 2, 2013
Chevrolet is emulating the visual strategy that Subaru has been implementing for years now -- telling the public that its products are lifestyle vehicle for adventurous families. In fact, promotional...
by Anita Panait - December 2, 2013
General Motors Co. has named Matthew Tsien to replace Bob Socia as president of the carmaker's operations in China. The appointment is effective January 1, 2014, upon Socia’s retirement. Tsien...
by Anita Panait - December 2, 2013
National Electric Vehicle Sweden (NEVS) will commence series production of the Saab 9-3 mid-sized sedan at its Trollhattan site on Dec. 3, 2013 -- almost two years since the carmaker...
by Anita Panait - December 2, 2013
If you thought that the Lamborghini Egoista and Veneno were extreme, you’d better take a look at this 2023 Lamborghini Diamane Concept rendered by Thomas Granjard. Apparently, Granjard took his...
by Christian A. - December 2, 2013
Kia Motors Finance and Lincoln Automotive Financial Services were ranked the top lenders among mass market and luxury brands, respectively, according to J.D. Power's 2013 U.S. Consumer Financing Satisfaction Study....
by Anita Panait - December 1, 2013
Mahindra Racing is now the eighth team to join the new FIA Formula E Championship after inking an agreement with series promoters Formula E Holdings. Mahindra Racing is the motorsports...
by Anita Panait - December 1, 2013
Porsche Cayenne six-cylinder model has just received a special Platinum Edition. Both the Platinum Edition Cayenne and Cayenne Diesel are offered in a Platinum Silver Metallic finish. As expected, the...
by Christian A. - December 1, 2013
Bentley Motors has opened a Bentley Bucharest dealership, its first official sales point in Romania. Bentley Bucharest, covering an area of over 610 square meters, features dedicated new car sales...
by Anita Panait - November 30, 2013
The Peugeot 308 five-door hatchback has received a 5-star rating from the Euro NCAP. The vehicle scored five stars in all four categories: adult protection, child protection, pedestrian protection and...
by Anita Panait - November 30, 2013
Mazda posted its fourth month of 30-plus percent growth in a row in October in Europe, logging a 55-percent year-on-year gain in the month. In the first 10 months of...
by Anita Panait - November 30, 2013
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