Renault Group has reported consolidated revenues up 9% to EUR30,091m for the first nine months of the year but reduced its operating margin forecast down from 4.5% to between 2.5% and 3%.Read more
Two years ago, Nissan and Renault considered extending their partnership to General Motors, and investors hated the idea. With speculation now turning to a possible link-up with Chrysler, analysts are balking even more.Read more
VW release the first images of the all-new Golf MkVI GTI.Read more
Volkswagen gives its forthcoming family hatch a BlueMotion makeover – resulting in the greenest Golf yet.Read more
PSA Peugeot Citroen president Christian Streiff has signalled “massive production cuts” this fourth quarter “as it is vital that we are correctly positioned to face 2009”.Read more
Turkey is working on steps to support its automakers by reducing loan costs in the face of the global financial crisis and worsening market conditions, government sources told Reuters on Friday.Read more
Volkswagen plans to cut a majority or all of its 25,000 temporary staff as a response to rapidly deteriorating conditions in the market, Germany’s Frankfurter Allgemeine Zeitung reported on Thursday.Read more
Volkswagen said in a statement today that it has no plans to cut either all or a majority of its temporary staff. A German newspaper reported on Thursday that VW planned to lay off most of its temporary workers.Read more
PSA/Peugeot-Citroen cut its full-year operating margin target on Friday and said it planned to make “massive” production cuts in the fourth quarter after posting a 5.2 percent fall in third quarter sales.Read more
Soft-top version of Bentley’s flagship GT spotted.Read more
We’ve snapped next year’s must-have cabrio on photoshoot and road-ready car could debut at November’s LA show.Read more
Confession time: I have never, ever been behind the wheel of an air-cooled Volkswagen Beetle. Not even once
At a glance, it would seem that a high-powered German sedan is the wrong car for the times.
Right car, wrong timing?
At a glance, it would seem that a high-powered German sedan is the wrong car for the times. The new Audi S4 arrives in the midst of a global economic slump. It was unveiled at the Paris show, where hybrids and electric vehicles stole the limelight, and it unashamedly advertises the brand motto Vorsprung durch Technik when everybody is talking CO2 and mpg and $$.
All-new Cooper S convertible has been let out of the bag.Read more
Ever since the Azera was first launched in 2006, I’ve been itching to get behind the wheel of one, but you know how things go, there’s always something else to do. Of course, I’ve had opportunities to drive it at various events, but I thought that in order to give it a fair evaluation, I’d wait until I could book one for a whole week! After all, as I see it, the Azera was the model which first heralded in the idea of luxury products from Hyundai.Read more
At the same time that was held the Paris Motor Show at the Porte de Versailles, Auto123.com had the privilege to visit the breathtaking Conservatoire of French car manufacturer Citroën.Read more
KV Racing’s Will Power was the undisputed leader of the day after having set the best time in both Friday’s practices for the IndyCar Nikon Indy 300 that is taking place at Surfers Paradise in Australia.Read more
Canadian officials of the axed Canadian grand prix are searching for a new race promoter, following their London meeting on Thursday with Bernie Ecclestone.Read more
New MotoGP champion, Italian Valentino Rossi has confirmed that he will also drive a Ford Focus WRC when he contests the Rally GB next month.Read more
Despite not airing his discontent publicly, Finnish Formula 1 driver Heikki Kovalainen is reportedly unhappy with his treatment by the McLaren team this year.Read more