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Fiat S.p.A. will be seeking to increase a credit line to as much as $2.14 billion (1.5 billion euros) after raising its share in Chrysler, according to three people who...
by - May 18, 2011
In the third quarter of this year, Volkswagen AG will launch a car-sharing program called Quicar aimed at urban customers in Hanover, Germany. For this matter, the company plans to...
by - May 18, 2011
As expected Audi unveiled today the all-new 2012 A6 Avant, one of the most successful business-class station wagon in Europe. Priced from 40,850 euros, the 2012 Audi A6 Avant will...
by - May 17, 2011
Mercedes-Benz has created its own dedicated design wing called Mercedes-Benz Style. It can now compete in the design consulting business along with the likes of Porsche Design and BMW’s DesignworksUSA. ...
by - May 17, 2011
Although the Obama administration is supportive of Chrysler Group LLC’s aim to qualify for government loans to build more fuel-efficient vehicles, there are more obstacles to clear with investors and...
by - May 17, 2011
Famous British Designer Afzal Kahn is introducing a sportier and much smoother R8 style Audi TT. Before this project, Kahn had transformed an Audi A5 Coupe Sport into no less...
by - May 17, 2011
U.S. Transportation Secretary Ray LaHood said that as soon as next year, instead of the Internal Revenue Service, the auto dealers may be the ones to award the $7,500 federal...
by - May 17, 2011
The prices of high-mileage offerings are going up as demand rises amid reports that gasoline has reached a price of $4 per gallon. The disaster in Japan had affected the...
by - May 17, 2011
Ford has changed its plans for India. Instead of building a second Ford plant there, it now intends to expand its powertrain facility further in Chennai. Ford will be investing...
by - May 17, 2011
The Audi Q3 has a starting price of £24,560 when order books open in the UK this June. Prices could go as high as £31,360 for the range-topping 2.0-litre TFSI...
by - May 17, 2011
A new A.T. Kearney report states that Japanese carmakers -- Toyota Motor Corp., Honda Motor Co., and Nissan Motor Co. -- may lose some of their customers to Hyundai Motor...
by - May 17, 2011
Hyundai is launching a larger production run of a special-edition Genesis sedan that was introduced at the 2009 Seoul Motor Show. This sedan had been designed according to the preferences...
by - May 17, 2011
Saab is set to resume production late next week following a new rescue deal with Chinese investor, Pangda Automobile Trade Co., according to Saab Chairman Victor Muller. Saab’s owner, Spyker...
by - May 17, 2011
General Motors Co. broke ground on Tuesday to mark where it will construct an electric motor plant at a site near Baltimore. A group of GM executives, along with Maryland...
by - May 17, 2011
Chairman Bill Ford said that by 2020, around 25% of Ford Motor Co.'s fleet will be electrified, according to an article published online by Fortune magazine. Ford said that due...
by - May 17, 2011
Nissan Motor Co. is planning an investment of 3 billion yen ($37 million) to strengthen the foundation of its engine factory in Iwaki, Fukushima prefecture. The earthquake in Japan on...
by - May 17, 2011
Renault has recently announced that the Megane CC Floride is now on sale in Europe. This model was recently introduced at the 2011 Geneva Motor Show last March. The coupe-cabriolet...
by - May 17, 2011
Europe experienced a decline in car sales in April, the 12th drop in 13 months, with Renault SA and PSA/Peugeot-Citroen SA topping the list. Deliveries dropped 3.8 percent from the...
by - May 17, 2011
Google is seeking the approval of the state of Nevada for it to test its driverless vehicles in its roads. The search-engine giant has been quietly testing these cars for...
by - May 17, 2011
Avis Europe Plc wants to capitalize on the increasingly popular car-sharing schemes by offering an hourly rental program throughout Europe this 2011, the company’s chief executive officer, Pascal Bazin, said...
by - May 16, 2011
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