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Nov
16th

2011 Automobile of the Year: Chevrolet Volt

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2011 Automobile of the Year: Chevrolet Volt
2011 Automobile of the Year: Chevrolet Volt - Automobile Magazine
General Motors has built the world's most sophisticated automobile. Do you believe it yet?

It wasn't a shoo-in. Quite the opposite, in fact. On its way to becoming Automobile Magazine's 2011 Automobile of the Year, the Chevrolet Volt endured more scrutiny and skepticism than any of the nine other semifinalists. From the unprecedented levels of publicity, we knew the Volt as a green-as-grass image builder, but we also couldn't ignore that it's a car built by a historically inconsistent automaker around unproven technology. The foreign aura is furthered by the fact that the Volt has no obvious competition and no real predecessor. It is genuinely an all-new car, in the most simplistic sense as well as in the greater notion that the Volt is unlike any vehicle we have ever driven. No apologies if we were a bit circumspect.


Photo Gallery: 2011 Automobile of the Year: Chevrolet Volt - Automobile Magazine


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Nov
16th

CHINA: Tyre industry hikes production to 420m units this year

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Output from China's tyre industry is believed to reach 420m units this year - up 10.5% according to reports citing the China Rubber Industry Association. Full story...
Nov
16th

Chrysler faces challenges in reaching 13% U.S. market share

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If Chrysler Group is to achieve its goal of exceeding 13 percent market share by 2014, it will need more customers -- lots of them. Getting those customers will mean convincing people the company's new products are for real. Full story...
Nov
16th

COMMENT: Erased memories and raised expectations for GM

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I'm not too surprised that the offer price for GM shares is heading up. The analysts can argue over the company's future prospects, dissecting company strategy (or lack of it) till the cows come home, but a conversation I had earlier this week sums up what many potential investors are believing. Full story...
Nov
16th

Geely president Li Shufu admits disputes with Volvo managers:

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Three months after becoming the new owner of the Swedish car brand Volvo, Zhejiang Geely Holding Group Co. President Li Shufu said he disagrees with Volvo's management about its product plans. Full story...
Nov
16th

2011 BMW Z4 sDrive35is, an AW Drivers Log:

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EXECUTIVE EDITOR--AUTOWEEK.COM BOB GRITZINGER: Whenever I'm behind the wheel of a Z4, my mind invariably drifts back to the previous-generation Z3, which is now some eight years in the rearview mirror. Full story...
Nov
16th

US: GM raises stock offering price range

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General Motors today (16 November) increased the estimated price range for the offering of 365m shares of common stock to be sold by certain of its stockholders to US$32.00 to US$33.00 per share from the previously estimated price range of US$26.00 to US$29.00 per share. Full story...
Nov
16th

Borneo: Tan Chong to build 4WD plant

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Malaysian vehicle assembler and distributor Tan Chong Motor Holdings Bhd plans to invest MYR 285 million (USD 92 million) in a new vehicle plant in Sabah, on the island of Borneo, according to a company statement. Full story...
Nov
16th

MALAYSIA: Tan Chong to build 4WD plant in Borneo

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Malaysian vehicle assembler and distributor Tan Chong Motor Holdings Bhd plans to invest MYR 285 million (USD 92 million) in a new vehicle plant in Sabah, on the island of Borneo, according to a company statement. Full story...
Nov
16th

Ford will offer 4 vehicles next year that earn 40 mpg:

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Ford Motor Co. expects the 2012 Focus compact to earn 40 mpg, giving the automaker four vehicles that produce 40 mpg or more in 2011. Full story...
Nov
16th

Ford to offer 4 vehicles in 2011 with certified EPA ratings of 40 mpg:

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Ford Motor Co. expects the 2012 Focus compact to earn 40 mpg, giving the automaker four vehicles that produce 40 mpg or more in 2011. Full story...
Nov
16th

Daily video: Test-driving the 2012 Audi A7:

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Road test editor Natalie Neff reviews the 2012 Audi A7 on AutoWeek TV. Full story...
Nov
16th

L.A. auto show: Mercedes-Benz Biome concept wears biofiber body:

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Mercedes-Benz will make waves at this year's Los Angeles auto show. But it won't all because of the pending world debut of the new CLS63 AMG. Full story...
Nov
16th

GM hikes stock offering to $12 billion as demand rises

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GM plans to raise as much as $12 billion in its initial public stock offering after increasing the asking price by 14 percent, according to a statement today. GM, 61 percent owned by the U.S. Full story...
Nov
16th

GM expands IPO again to as much as $15.8 billion, sources say

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GM's initial public offering will expand by almost a third as the U.S. Treasury Department and the UAW's retiree health-care trust sell more stock, said two people familiar with the plans. GM may seek to raise as much as $15. Full story...
Nov
16th

GM sets terms for landmark IPO that could raise $22.7B

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GM today set the final terms for a landmark initial public offering that could raise up to $22.7 billion after a surge of investor interest in an automaker that had fallen from blue-chip status to government bailout. Full story...
Nov
16th

Valeo may hike mid-term targets

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Valeo does not rule out increasing its mid-term targets, its CEO Jacques Aschenbroich told the Reuters Global Autos Summit. Full story...
Nov
16th

UK: Land Rover and dealers to fund VAT increase

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Land Rover has today (16 November) announced a pricing initiative for UK customers to avoid the VAT increase in January 2011. Full story...
Nov
16th

Q&A with Denso

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In this interview, Matthew Beecham talked with Gabriele Maione, R&D manager, engine cooling systems and components, Denso Thermal Systems SpA. Full story...
Nov
16th

Nissan sees bumper 2011, worries on yen

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Nissan sees China leading a 2011 boom for the global auto industry, but competition will be tougher than ever while Japanese makers will suffer the most due to a strong yen, a top executive said. Full story...
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