Electric car maker Tesla Motors said it was on track to reach an annual production rate of 20,000 for its Model S sedan in December, sending its shares up nearly 9 percent.
Renault says new sports models carrying the Alpine name from the joint venture announced today (5 November) with Caterham Group, could leave the Dieppe production line within three to four years.
Tata Motors' luxury car unit Jaguar has been explaining why it is upgrading the 2.2-litre diesel engine in the XF after only a year, a move which could potentially annoy some existing owners.
After spending GBP185m on its UK manufacturing and supply chain for new Auris, and recruiting 800 temporary production apprentices, Toyota's English manufacturing unit Toyota Motor Manufacturing UK (TMUK) has marked the official start of production of the all-new Auris - Europe's version of the Corolla - at its Burnaston factory, near Derby.
Renault and UK sports car maker Caterham Group will form a joint venture to develop sports cars and plan to launch one model each within four years. The deal will revive Renault's Alpine sports car brand, which ceased production in the 1990s.
Renault and UK sports car maker Caterham Group will form a joint venture to develop sports cars and plan to launch one model each within four years. The deal will revive Renault's Alpine sports car brand, which ceased production in the 1990s.
News
5 Nov, 2012
Joint venture will see Renault and Caterham producing two new sports cars
Faurecia has signed an industrial partnership agreement with Mitsubishi Chemical Corporation to co-develop bioplastics designed for mass-production for use in automotive interiors.
Italy joined France and Spain in reporting a monthly drop in new-car sales in October as deliveries fell 12.3 percent to 116,875 vehicles.
Call this the gathering of cars you're amazed even started. Yet, there were over 300 of them by 11:00 a.m., spread all over the lawn and under the trees in Woodley Park in Van Nuys, Calif. for the annual
Heated and cooled seat specialist Gentherm, formerly Amerigon, has unveiled third quarter net income attributable to common shareholders of US$2.6m.
Toyota has posted first half fiscal year results from April to September with net income rising to JPY548.2bn (US$6.9bn), sales up by nearly 1.5m units and revenue soaring 36%.
Toyota raised its full-year net profit forecast by 2.6 percent to 780 billion yen ($9.7 billion) after July-September net profit more than tripled to 257.9 billion yen on solid vehicle sales in North America and Southeast Asia.
Alan Mulally will stay Ford Motor Co. CEO at least through 2014. Joe Hinrichs (pictured) will return from the Asia Pacific Africa region to head Ford's business in the Americas. Oh, yeah, and Mark Fields is Ford's COO.
Honda Motor Co. President Takanobu Ito expects the subcompact Fit hatchback to be Honda's fastest-growing nameplate in North America over the next four years.
GM is spending more than $5 billion to transform its dealership network. But not all of that cash is going toward shiny tile and silver exterior cladding.
Like a lot of other car company honchos, former Lexus and Toyota executive Dave Illingworth wanted to become a dealer. So in the thick of the recession he opened Toyota of Warsaw, a new store in Warsaw, Ind., population 13,500.
Insurance checks cut in November and December are expected to help automakers and dealers more than make up for the sales that Hurricane Sandy wiped out at the end of October.
Hyundai and Kia built their reputations with high-mpg vehicles in the past few years. But much of that marketing sparkle went poof last week.
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