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To discuss the performance of Ferrari S.p.A. for the first quarter of 2012, the Board of Directors (with chairman Luca di Montezemol) held a meeting. Ferrari’s results as of March...
by - May 15, 2012
One of the first customers for the Lotus Evora GTC is McMahon Raceworks with Condor Motorsport. This particular car will be entered in America's Grand-Am road races, the Rolex Sports...
by - May 15, 2012
Toyota Motor Corporation (TMC) has launched the "Pixis Epoch” in Japan. This is only the second passenger minivehicle to be offered under the Toyota brand. It will be available in...
by - May 15, 2012
If BMW’s earnings continue to increase, its dividends may increase by up to 40% of profit in the next few years, according to a report from the German newspaper last...
by - May 15, 2012
Since five years ago, Honda has been putting up a dismal performance in Europe. Its sales and market have been continuously dropping and its European unit has been posting losses....
by - May 14, 2012
Ford Motorsports and Roush Performance have joined hands in assembling a limited edition 2013 Roush Stage 3 Ford Mustang, which will be sold at an auction at the SAE Foundation's...
by - May 14, 2012
Huge financial losses for the first quarter have sped up the need for the vehicle manufactures based in the European region to fix critical problems in their base market. In...
by - May 14, 2012
Renault is so optimistic about the success of its electric vehicle range that it reiterated a forecast that EVs will account for around 10 percent of all cars sold in...
by - May 14, 2012
Pirelli introduces a Formula One prediction game online that will enable UK players the opportunity to win a range of prizes such as a trip to the 2013 United States...
by - May 14, 2012
The U.S. government has no foreseeable plans to put an end to its being a part owner of General Motors, The Detroit News reports. Tim Massad, who serves as the...
by - May 14, 2012
Aston Martin will gear up for the ultimate endurance race this month – its seventh straight year of participation. Eight Vantage racers will compete at the ADAC Zurich Nürburgring 24...
by - May 14, 2012
The successor to the Citroen C5 will be produced by Opel, the European unit of General Motors Co. as part of GM’s alliance with PSA/Peugeot-Citroen, according to Jean-Luc Perrard, head...
by - May 14, 2012
Opel held an extraordinary all-employee meeting today and CEO Karl-Friedrich Stracke revealed a plant for returning the company to profitability as quickly as possible. The plan includes 10 key cornerstones...
by - May 14, 2012
The Alfa Romeo Historic Motoring team has prepared a fitting tribute in 2012 for the Mille Miglia. What will be displayed are four official Museum vehicles: the 1500 SS and...
by - May 14, 2012
The Chinese auto industry no longer has 30-50% annual increases as its economy slows down but as its automakers have already ramped up their capacity, they now have to sell...
by - May 14, 2012
A recent garage fire incident in Sugar Land, Texas, that damaged a Fisker Karma plug-in hybrid unit and two other vehicles has sparked investigations on the hybrid's battery. The local...
by - May 14, 2012
A blaze broke out at the Williams Formula One team's garage while staff celebrated the breakthrough victory of Pastor Maldonado at the Spanish Grand Prix. Thirty-one people were in need...
by - May 14, 2012
Ferrari’s publicity stunt in Nanjing, China to celebrate its 20th anniversary in the country was planned to be an outright success, with dreams of boosting the reputation of the Italian...
by - May 14, 2012
Porsche AG posted a 7.2 percent year-on-year increase in its customer deliveries for April 2012, selling a total of 12,588 vehicles. This brings the sports car maker’s worldwide delivery figures...
by - May 14, 2012
Tesla Motors Inc., the first start-up to satisfy the requirements of the Energy Department’s loan program, is now making use of the last of the $465 million in U.S. loans...
by - May 14, 2012
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