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When annual US sales reach 15 million vehicles, General Motors Co. and Chrysler LLC will lead automakers to “gushing profits,” according to Steven Rattner, the former head of the federal...
by - October 25, 2010
In the second half of 2011, General Motors Co. will be introducing its battery-powered Chevrolet Volt car in China. Carmakers have been launching more fuel-efficient vehicles in this country. Kevin...
by - October 25, 2010
Fiat SpA has rejected an offer from Volkswagen AG to buy Alfa Romeo. CEO Sergio Marchionne said that Alfa Romeo isn’t for sale. What this means is that the Italian...
by - October 25, 2010
At the National Italian American Foundation (NIAF) 35th Anniversary Gala, Fiat’s North American division had successfully auctioned off the Cinquecento “Prima Edizione,” a limited edition of the 500 model, for...
by - October 25, 2010
According to the latest reports from Autocar, it appears that Chevrolet is determined to enter the baby SUV and will build a new five-seater based on the 2011 Aveo, which...
by - October 25, 2010
Techart unveiled today the GrandGT, one of the most beautiful body kit for the Porsche Panamera. Set to make its official debut at the Auto Zurich Car Show from November...
by - October 25, 2010
As you may know already, few weeks ago we reported that Daimler and Toyota are currently in talks in order to supply parts but also technology for company’s upcoming hybrid...
by - October 25, 2010
It’s not a secret anymore that Bmw is currently working on the next-generation 3-Series which is set to make its debut in 2012. According to Autocar, the Bavarian manufacturer says...
by - October 25, 2010
Brabus revealed today the SV12 R Biturbo 800 a.k.a. world’s most powerful luxury sedan, with 800 hp and a top speed electronically limited to 350 km/h (217 mph). Based on...
by - October 25, 2010
If you want to buy a Nissan Leaf electric vehicle, you are in luck as the Japanese manufacturer started production of its first mass production EV. The manufacturer announced that...
by - October 25, 2010
Penske Automotive Group posted a 9% increase in net income during the third quarter. Penske attributed the improvement to the performance of its luxury franchises, strong used-vehicle sales and its...
by - October 24, 2010
J.D. Power and Associates said that retail sales of new vehicles in October are expected to be the strongest for 2010. The forecasting firm said that there won’t be a...
by - October 24, 2010
Due to risks linked to a master brake cylinder seal, about 528,000 Honda vehicles worldwide (mostly Odyssey minivans sold in the US) are being recalled. This recall by Honda Motor...
by - October 24, 2010
This November, Skoda's European lineup will be joined by the Fabia Wagon GreenLine and Roomster GreenLine. The Octavia Combi GreenLine will be appearing in this lineup in January 2011. The...
by - October 24, 2010
The inaugural Korean Grand Prix was won by Ferrari’s Fernando Alonso who kept his cool despite facing pressure during the incredibly tight race. Alonso takes the lead of the Formula...
by - October 24, 2010
The Rally of Spain was won comfortably by Sebastien Loeb – his seventh victory of the season. Meanwhile, Citroen team-mate Dani Sordo was unable to fend off Petter Solberg from...
by - October 24, 2010
As the US agriculture industry improves, pickup sales are expected to also rise. The increasing farm incomes give automakers the extra momentum they need as they are recovering from the...
by - October 24, 2010
By 2011, about 80% of the vehicles that Hyundai sells in the US will be produced there, according to Hyundai Motor America chief John Krafcik. In his interview with CNNMoney,...
by - October 23, 2010
After posting a 22% sales increase in the third quarter, French car parts maker Valeo raised its operating margin target for the entire year. Sales improved as the demand grew,...
by - October 23, 2010
To expand Hyundai Motor Co.’s presence in China, it signed a 500 billion won ($443.1 million) joint venture with Chinese commercial vehicle maker Sichuan Nanjun Automotive Group. Hyundai released a...
by - October 23, 2010
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