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As part of a plan to restore its reputation after having gone through worldwide massive recalls, Toyota is putting the focus on Lexus and on new hybrid products. Last Wednesday,...
by - March 11, 2011
The auto industry was shocked when Chris Liddell, the current Vice Chairman and Chief Financial Officer (CFO) of General Motors Co., announced that he is leaving the company effective April...
by - March 11, 2011
Audi may soon launch the so-called TT RS Plus Coupe Quattro 2.5, a more potent version of the RS Coupe Quattro that delivers 340hp, according to a leaked document published...
by - March 11, 2011
What caused Renault to start a probe and fire three of its executives was information on industrial espionage that the carmaker paid 250,000 euros ($347,200) to acquire, according to a...
by - March 11, 2011
General Motors Co. has reversed plans to terminate a program in Virginia that provides reimbursement to dealers for improvements they made on their facilities. An agreement has been entered by...
by - March 11, 2011
Suzuki is evaluating the potential of launching an all-wheel-drive version of the Suzuki Swift in the UK later this year. Suzuki thinks that there may be a market for all-wheel-drive...
by - March 11, 2011
Boosted by the new Mini Countryman and the revamped BMW 5 series, BMW AG said that its 2010 profit surged more than 15-fold, rising to EUR3.23 billion ($4.47 billion) from...
by - March 11, 2011
Infiniti seeks to close a new deal with the Red Bull F1 team, Formula One's reigning champion, to promote the brand's name in Europe. Nissan Motor Co.’s luxury brand has...
by - March 11, 2011
Volkswagen AG CEO Martin Winterkorn says that, in order to meet rising customers’ demands, he’s adding more shifts at factories. At VW’s annual investors and press conference in Wolfsburg, Germany,...
by - March 11, 2011
Valeo S.A. established new targets for profitability and revenue as it believes that new technology and expansion in Asia would help it outpace automobile production growth in coming years. The...
by - March 11, 2011
Sales of the Ford Fiesta are growing as dealerships have reported that owners of larger vehicles have been trading in for this model. Jim Farley, group vice president-global marketing, said...
by - March 10, 2011
General Motors Co. may start paying a dividend as early as 2012 after contributing $5.5 billion or more in cash to its U.S. pension in each of the next two...
by - March 10, 2011
The Dodge Grand Caravan Cargo Van has been rebranded as the Ram Cargo Van as part of a strategy to expand its share of the commercial van and delivery business....
by - March 10, 2011
According to a recent SEC filing submitted by Ford Motor Co., CEO Alan Mulally was awarded Ford shares worth $56 million and Executive Chairman Bill Ford Jr. got $42.4 million...
by - March 10, 2011
Audi will make a decision on whether to establish a U.S. manufacturing plant before the end of 2015, according to Johan de Nysschen, president of Audi of America Inc. He...
by - March 10, 2011
On March 24, Honda’s FCX Clarity hydrogen fuel cell vehicle will serve as the official pace car for the 2011 Honda Grand Prix of St. Petersburg in Florida at the...
by - March 10, 2011
Automobili Lamborghini, the distinguished maker of super sports car, looks forward to having a great 2011 after getting a good start. Particularly, Lamborghini now boasts of a strong product range...
by - March 10, 2011
Translogic said that Vermot AG, the small sportscar manufacturer, will add a hybrid version of its retro single-seater dubbed Veritas RS III Roadster before it goes full-electric. It is claimed...
by - March 10, 2011
Until the U.S. government does further research on how distracting hands-free cell phones or in-vehicle systems like Ford Motor Co.'s Sync are, then Transportation Secretary Ray LaHood won’t be calling...
by - March 10, 2011
The 2011 Infiniti G37 GT Premium Convertible has a starting price of GBP45,185, according to the British division of Infiniti. Pricing information for the saloon and coupe body styles of...
by - March 10, 2011
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