PSA/Peugeot-Citroen has never been a big global player. But Europe's second-biggest automaker after Volkswagen is aiming to change that by generating half its sales outside Europe by 2015.
Daimler CEO Dieter Zetsche warned of increasing risks in emerging markets that have driven carmakers' growth in recent quarters. "There are some clouds on the blue sky," Zetsche said.
To reach its target of rising to Europe's 10th-largest mainstream brand by 2013 from No. 17 now, Kia will need to boost its annual new-car sales to about 450,000 units from 262,627 last year.
A Smart dealership in an upscale Detroit suburb will close next week, and the minicars will be sold out of the nearby Mercedes-Benz of Bloomfield Hills dealership.
Ford Motor Co. is expanding its Sync AppLink software program to 10 models for the 2012 model year and quadrupling the size of it Sync development team over the next four years.
It's always a gut-wrenching moment when you learn that someone you know, someone you admire and even someone you hate dies. Ryan Dunn, star of the Jackass TV series on MTV that spawned three movies, killed himself along with a friend last Monday after crashing his Porsche 911 GT3 against a tree.
Honda has now set a target to reduce CO2 emissions from its global products, including motorcycles, automobiles and power products, by 30 percent by the end of 2020 compared to year 2000 levels.
Despite agreeing to a rescue package from two Chinese car companies, Saab is forced to halt production yet again. The Swedish manufacturer announced yesterday that output at its Trollhattan plant would stay still for another two weeks (June 20-July 3). Apparently, Saab has still not secured an agreement with all of its suppliers.
Red Bull Racing NASCAR Team's general manager Jay Frye is on a mission: find investors that will allow him to keep his Sprint Cup team of 150-plus employees afloat amid the announced departure of Red Bull at the end of this season.
Formula one has taken another step towards overturning the scheduled 2013 engine rules.
Karun Chandhok will contest the Friday morning practice session for Team Lotus at Valencia. Meanwhile, Pedro de la Rosa has revealed he has "no idea" if he will be called up by Sauber to race on the streets of Valencia this weekend.
A Hollywood movie about Niki Lauda will be called 'Rush'.
LAS VEGAS, Nevada--As the temperature read 106 °F on the dash and I looked out over the Hoover Dam from behind the wheel of my 5-door baby blue 2012 Hyundai Accent, I felt quite cool, calm and collected. Not only was the A/C keeping me comfortable, but so too was the vehicle.
This week we published our Top 25 classic road trip songs to help dial up your summer fun and flesh out your classic rock library. If Led Zeppelin, Eric Clapton or the Stones don't get your juices flowing, here then are our Top 25 road trip songs from the 90s.
Aston Martin Racing will pull out of the ILMC Imola round in order to concentrate on the development of its AMR-One car.
Over 125 years ago, Carl Benz filed an application for a patent for his three-wheeled motor car, revolutionizing transportation and ultimately laying the foundation for all present-day vehicles. Proud of this heritage, Mercedes-Benz Canada today announced a cross-country tour of the original Benz Patent-Motorwagen, the world's first automobile.
NASCAR announced hefty fines against Joe Gibbs Racing crew chiefs for parts which were not illegal, the transgression was that they weren't pre-approved by series officials.
Sebastian Vettel has warned those expecting Red Bull's dominance to be seriously dented by the blown exhaust ban to instead expect a "surprise". Team owner Dietrich Mateschitz's right-hand man on F1 matters warned: "We would not be Red Bull if we did not already have ideas about how to mitigate the effect (of the ban)."
Ferrari has decided to wait until after July's three grands prix before possibly switching its focus to the 2012 season.
Everybody knows exotic cars are pretty expensive to maintain, but when you can afford to spend the equivalent of an entire house on a four-wheel living room, a little extra for an oil change, filter replacement or lube job probably sounds trivial.
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