Also in this episode: Pictures of the new Porsche 911 GT3 RS leak out, the Chevy Corvette gets upgrades for 2012, we take a look back at a classic Jaguar sports car and happy birthday to Ari Vatanen.
Porsche SE's automotive division reported a first-quarter profit gain after a revamp of the Cayenne boosted demand for the SUV. Earnings "more than doubled" to $728 million during the latest period, the Stuttgart, Germany-based company said.
Chrysler Group, saying it wants to focus on its core automotive products, plans to sell its Global Electric Motorcars subsidiary to Polaris Industries Inc.
Chrysler plans to announce Thursday a refinancing package for its $6.6 billion in loans from the U.S.
Chrysler plans to announce Thursday a refinancing package for its $6.6 billion in loans from the U.S. and Canadian governments stemming from the company's 2009 bankruptcy.
What we have here, according to the seller, is an actual one-owner, 4,418-kilometer (2,739 miles) BMW M1, recently imported to the United States from Germany. That's right--the original BMW supercar, one of 456 reportedly built.
Toyota Motor Corporation (TMC) has entered into a technological collaboration agreement with Massachusetts, United States-based WiTricity Corporation concerning the practical application of automotive wireless charging systems and the promotion of their widespread use. TMC plans to participate in a WiTricity capital increase.
Honda has said it will close a plant in Brazil earlier than scheduled because of a possible parts shortage resulting from Japan's earthquake and tsunami.
In case there was any doubt about the future of the underperforming Ford Flex, this spy photo should end speculation that the automaker is preparing to pull the plug.
Isuzu Motors is expected to post JPY85bn (US$1bn) in operating profit for the 2010/11 business year, a near eight-fold rise from a year ago thanks to robust sales of pick-up trucks and diesel engines, a Japanese report said.
Mahindra & Mahindra is developing a smaller version of the Renault Logan which it will sell as the Mahindra Verito.
It's easy to understand the frustration of Russian businessman Vladimir Antonov's holding company director Lars Carslstrom in the tortuous saga of Saab's desperate quest to find new financing.
Chrysler Group said it had decided to focus its energies on its core automotive business, which has led to the sale of substantially all of the assets of GEM and NEV to Polaris Industries. The pair have signed the negotiated asset purchase agreement and closing is expected in around 60 days.
Dana Holding Corporation reported adjusted EDITDA of US$181m for the first quarter of 2011 but booked a net loss of $30m due to $53m of one-time charges associated with the refinancing and restructuring of debt in January.
It was precisely two years ago today--April 27, 2009--that Pontiac met its demise.
When news about new cars, motorsports and car collectors shows up at autoweek.com, interactive editor Dale Jewett usually plays a role.
EDITOR WES RAYNAL: The new 2011 Hyundai Elantra is a nice little car with good looks at a more than fair price, in my opinion. I think Hyundai finally has a small car that will take some hide out of the Honda Civic and the Mazda 3.
EDITOR WES RAYNAL: The new 2011 Hyundai Elantra is a nice little car with good looks at a more than fair price, in my opinion. I think Hyundai finally has a small car that will take some hide out of the Honda Civic and the Mazda 3.
EDITOR WES RAYNAL: The new 2011 Hyundai Elantra is a nice little car with good looks at a more than fair price, in my opinion. I think Hyundai finally has a small car that will take some hide out of the Honda Civic and the Mazda 3.
Chrysler Group's Jeep brand aims to boost unit sales in Europe - its biggest export market - to 125,000 by 2014 from 25,000 forecast this year.
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