The South Korean government is looking at the possibility of tax cuts for its struggling automakers, local press has reported. The news comes as the latest figures from the country show double-digit falls for the industry in November.Read more
In what can best be described as a surprise, Audi said on Friday that it will not be represented by its factory team, Audi Sport North America, in the 2009 American Le Mans Series.Read more
The Formula One world has been turned upside down by Honda’s decision to pull out of the sport effective immediately.Read more
Volkswagen used the Bologna auto show to roll out the Scirocco Studie R concept. And what we see is pointing the way to a car we expect to replace the Golf R32 in VW’s lineup about a year from now. This new car is likely to be called the R20T.Read more
Australia’s treasurer Wayne Smith has today announced plans to boost the country’s ailing car industry.Read more
The continued market downturn for the auto industry has resulted in a “significant decline” in sales for BMW in November.Read more
Kia Motors’ labour union has agreed to production cuts to match falling demand world-wide.Read more
Mitsubishi Motors Corporation (MMC) has signed a deal with Malaysia’s Proton Holdings for the development of a new Proton vehicle. The contract also grants a licence to the Malaysian automaker to manufacture a new Mitsubishi vehicle based product.Read more
A huge, luxurious, and expensive coupe makes quite an extravagant statement, and one that’s AMG-fortified makes it even more emphatically.
The CL coupe stands out as something unique in the automotive firmament. No other manufacturer builds a coupe off its top-line luxury sedan; BMW‘s 6-series comes closest, but it’s not really close at all. The CL is more a kindred spirit to a Bentley Continental GT or even a Brooklands. A huge, luxurious, and expensive coupe makes quite an extravagant statement, and one that’s AMG-fortified makes it even more emphatically. The awesome, 6.2-liter V-8, which we know from so many AMG models, provides jet-thrust acceleration accompanied by a stock-car sound track, an utterly charming combination – especially for those with their own oil well.
Honda has shaken the motorsport world with a shock decision to withdraw from Formula One and sell its team. Around 800 employees here in England are expected to lose their jobs by the end of January, local media reported.Read more
Brazil’s biggest car makers will sell 14% more vehicles in 2008, but the Brazilian Motor Vehicle Manufacturers Association, ANFAVEA, lowered its sales expectations for the year.Read more
The German government is looking at various options for possible help for Germany’s Opel unit of General Motors and is on track to take a decision on any action by Christmas, a government spokeswoman said on Friday.Read more
The Board of Directors of ACEA, the European Automobile Manufacturers’ Association, has elected Carlos Ghosn as its new president.Read more
The German government is continuing to look at options for helping Opel.Read more
Skoda may cut around 870 jobs, or around three percent of its workforce, during 2009.Read more
Busting out of the thundering herd, the Volkswagen CC, Nissan Maxima, and Mazda 6 stand apart from the mid-size multitudes.
Many are the mid-size sedan offerings, and most are sold in large numbers. Naturally, whenever a product is produced in great quantities, its very popularity will cause a subset of its audience to seek an alternative. Something a bit sportier, or more luxurious, or more stylish. The Volkswagen CC, the Nissan Maxima, and the Mazda 6 all hail from mainstream automakers, yet all three address this desire for something more in a mid-size car.
Renault CEO Carlos Ghosn has been elected the new president of the European automakers’ group ACEA. Ghosn said his priorities would be dealing with the economic recession and the increasing importance of fuel-efficient cars.Read more
BMW group global sales have been hit hard by the economic downturn with sales plunging by 25.4 percent in November.Read more
Sales of BMW and Mercedes-Benz cars fell by about 25 percent in November, compared with a year earlier. The German premium brands suffered as even well-heeled consumers kept a tight grip on their wallets.Read more
Volkswagen is to slash its production in Russia by 13% next year, a top executive said yesterday (4 December).Read more