Despite record production of 7,535 Model S electric vehicles, Tesla Motors posted a $49.8 million net loss in the first quarter while revenue rose to $620 million.
After experiencing lacklustre demand for the Alto 800, despite a completely new look in 2012, Maruti Suzuki is set to launch a new Alto K10 compact hatchback this fiscal year.
Domestic sales among South Korea's five main automakers increased by 9.5% to 130,145 vehicles in April, from 118,823 units in the same month of last year, according to data released by the country's mainstream vehicle manufacturers.
Lear has announced the official opening of a new automotive facility in Kenitra, Morocco, for the manufacturing of wire harnesses.
General Motors is recalling 56,214 2007-2008 Saturn Aura vehicles manufactured between 24 April 2006 and 31 October 2007 with four speed automatic transmission because the shift cable may fracture.
News
7 May, 2014
Freelander replacement’s more upmarket interior spied for the first time
Webasto-Edscha, the convertible business unit of Webasto, finally announced it developed and makes the roof system for the BMW 4 series convertible launched last March.
With the European truck tyre market volatile and 23% down on its historic peak in 2007, Michelin said it would close its production plant in Budapest because it cannot be expanded and improving its competitiveness would require excessive upgrading with new equipment.
Continental has posted a strong start to the year, significantly increasing its profits. In the first quarter of 2014, net income attributable to the shareholders of the parent grew by 33.3% to EUR588m (US$817.7m).
News
8 Jun, 2014
BMW’s iconic super saloon is 30 years old. We take a look back at the history of the BMW M5
Articles
7 May, 2014
New Hyundai ix35 and i30 special editions celebrate the 2014 World Cup, featuring more kit for less cash
Citroen's UK chief, Linda Jackson, will replace Frederic Banzet as the brand's CEO while strategy director Yves Bonnefont, who is Citroen's deputy head, will lead the upscale DS line as it becomes a stand-alone unit.
The Jeep and Chrysler brands plan to more than double sales by 2018 while Dodge will stop making the Grand Caravan minivan, Fiat Chrysler Automobile executives said.
News
7 May, 2014
Year-on-year growth in UK new car registrations continues for 26th month in a row, with the Ford Fiesta topping the list once again
Mercedes dealers in France say the decision by the country's highest court to formally overturn a sales ban last year concerning the automaker's A, B, CLA and SL models, represents the "end of the story," domestically.
After a strong March, the UK car market continued its upward trend in April with car sales up 8.2% to 176,820 units, the 26th consecutive month of growth.
Chrysler is consolidating its sporty SRT family of vehicles under the Dodge brand as part of global plans for the Fiat Chrysler Automobile.
With the current economy the last thing you need is for your vehicle to break down. Whether your driving a reliable car or a busted up
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