In today's economically turbulent times, new car buyers want the security of a "lifebelt", according to Chevrolet UK managing director Mark Terry.
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The British have never had the weather, the space or the car culture necessary for drive-in movies. But they've all seen "Grease," and the romance of the drive-in is firmly implanted in the popular psyche.
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Mini's latest model, the Countryman, will help the brand reach sales of 300,000 'in the near future,' CEO Wolfgang Armbrecht said. The BMW-owned brand sold 216,000 units last year.
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Last year the Hyundai and Kia group overtook Ford as the number four carmaker in the world with sales of just over 5m vehicles. It was only by a small margin but it was important, according to a senior European executive at the fast-rising Korean conglomerate.
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The final bid deadline for troubled South Korean carmaker Ssangyong Motor has been extended by three weeks to give interested parties more time to carry out due diligence.
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Ford said it remains committed to sustaining profitability in a weaker European industry as it maintained its position as Europe's second best-selling passenger car brand for the first half of 2010.
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GB Auto is to build a US$13m automotive warehousing and logistics facility near Cairo, Egypt, which it hopes will generate US$8m a year in savings and fees.
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The Renault-Nissan alliance has hired Jim Press, former head of Toyota's U.S. unit, as a consultant for the group's global sales and marketing.
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The Renault-Nissan alliance has hired Jim Press, former head of Toyota's U.S. unit, as a consultant for the group's global sales and marketing.
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Russian Prime Minister Vladimir Putin has pressed the head of the country's largest carmaker AvtoVAZ to outline modernization plans following state support which helped the company through the financial crisis.
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Toyota's investigation of accidents involving unintended acceleration where motorists said they pressed on the brake pedal show that 'virtually all' involved drivers who pushed the accelerator instead, a company spokesman said.
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Ford Motor Co. has selected LG Chem's U.S. unit Compact Power Inc. to supply battery packs for an electric Focus compact car for U.S. production starting in 2011, the automaker said today.
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The Range Rover SUV from Land Rover was the overall top-rated vehicle in AutoPacific's 2010 survey of the most ideal vehicles as surveyed by new owners.
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Struggling French coachbuilder Heuliez will no longer build cars but has a future as a parts supplier, new CEO Francois de Gaillard said.
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Volkswagen has recruited Frank Tuch, a former quality executive at Porsche, as its chief quality officer. Tuch, 43, will leave his current post as chief operating officer of the British niche sports car maker Lotus Group at the end of July.
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Fiat S.p.A. will invest 700 million euros ($887.7 million) to build in Italy the next generation of the Panda, Europe's best-selling minicar.
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General Motors Co., preparing to launch the first U.S. mass-market plug-in hybrid, will offer buyers of its Chevrolet Volt an eight-year, 100,000-mile warranty on the lithium-ion battery's 161 components.
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Automaker's investigation of accidents involving unintended acceleration where motorists said they pressed on the brake pedal show that 'virtually all' involved drivers who pushed the accelerator instead, a company spokesman said.
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Toyota said there were only 'sporadic reports' of demonstrations Tuesday at Toyota dealerships by the UAW, and dealer groups echoed that assessment.
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Automaker's investigation of accidents involving unintended acceleration where motorists said they pressed on the brake pedal show that 'virtually all' involved drivers who pushed the accelerator instead, a company spokesman said.
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