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Chrysler Group’s investments for the transmission manufacturing facilities in Kokomo, Indiana, will amount to $843 million (EUR629 million). The plant is expected to manufacture advanced front wheel drive automatic transmissions...
by - November 25, 2010
Because of high development costs and low chances to return a profit, Saab may not bring a diesel version of the 9-4X model to the US, according to Saab’s CEO,...
by - November 25, 2010
The BMW F11 5 Series is new but already, AC Schnitzer has prepared a tuning package for it. Its modifications are quite complex and affect the exterior, the interior, the...
by - November 25, 2010
For its economic recovery, Europe needs to export rare earths -- raw materials used in most high-tech products. But acquiring these essential materials is being hindered by a mistrust of...
by - November 25, 2010
General Motors Co. said in a statement that its German unit, Opel, kept a promise to its union by applying to change its legal form back to a stock corporation...
by - November 25, 2010
Since it does not want to offer discounts on its latest model, Citroen launched its latest compact hatchback, the C4, with a low base price that carmakers say will leave...
by - November 25, 2010
Rainer Schmueckle has joined Advent International, a global financial investment firm, as an operating officer. After 26 years, in June 2010, Schmueckle lost his position at Daimler AG’s Mercedes-Benz car...
by - November 25, 2010
BorgWarner Inc. CEO Timothy Manganello said during the Reuters Global Autos Summit that production capacity in China's auto industry could grow to 40 million units by 2020. However, a surge...
by - November 25, 2010
For better traction and improved comfort due to easier shifting, the Caddy and Caddy Maxi now come with 4MOTION and DSG dual clutch gearbox. The package is available right away. ...
by - November 24, 2010
Negotiations for the Holden Commodore to return to the U.S. as a Chevrolet sports sedan are ongoing. At the Los Angeles Auto Show, a senior engineer for General Motors, Al...
by - November 24, 2010
An audible pedestrian warning system will be offered in the world’s first hybrid vehicle as standard. Infiniti said that this system, which is installed in Infiniti’s upcoming M35h model, features...
by - November 24, 2010
Prices of recent-model used vehicles will remain high until 2013 due to a shortage, according to Rene Abdalah, vice president of RVI Group, a company in Stamford, Conn. that insures...
by - November 24, 2010
Off-lease vehicle volume is expected to fall by about a third in 2011, according to BMW of North America's captive finance company. Tim Sturm, BMW Group Financial Services general manager...
by - November 24, 2010
The Ford coupé is set on making a comeback with a vengeance. According to a report from Auto Express, Ford is developing a modern interpretation of the Capri and is...
by - November 24, 2010
$500 million of General Motors Co. shares were bought by Saudi billionaire Prince Alwaleed Bin Talal and his Kingdom Holding Co. through GM’s initial public offering. In a statement, the...
by - November 24, 2010
Porsche announced today that its growth course continued in the first three of the short fiscal year 2010 (1 August to 31 December). The German manufacturer sold 21,218 vehicles, which...
by - November 24, 2010
Hyundai Motor America claims that after having been offered on the market for two years now, the Genesis sedan and coupe still haven’t lost their shine. In fact, Hyundai’s near-luxury...
by - November 24, 2010
The future Pagani C9 supercar won’t be powered by the engine used in the Mercedes-Benz SL65 AMG Black Series roadster, according to Italian sports-car maker Pagani and Mercedes-AMG, the high-performance...
by - November 24, 2010
By 2012, Toyota Motor Corp. intends to debut 11 new or redesigned hybrid vehicles; however, this doesn’t mean that it has neglected the internal combustion engine. Takeshi Uchiyamada, executive vice...
by - November 24, 2010
Lamborghini’s Sesto Elemento concept featured in the recent Paris motor show might be put into production as a track-only special, according to company boss Stephan Winkelmann in an interview with...
by - November 24, 2010
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