May
16th
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Audi reveals unique new carbon-cutting strategy which includes two new models: a gas-powered A3 and all-electric A1 e-tron
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The latest auto news, reviews, prices, product and vehicle releases. Auto News 5
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May
16th
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Saab Automobile owner Spyker Cars on Monday announced a planned strategic alliance with Pang Da Automobile Trade Co, China's largest publicly traded automobile distributor with over 1100 dealerships nationwide.
May
16th
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Volkswagen plans to sell as much as 1.5 billion yuan (164 million euros) of five-year bonds in Hong Kong as soon as today, becoming the first foreign car company to issue so-called Dim Sum bonds.
May
16th
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Fabia Greenline makes it from Austria to Denmark and back, averaging 127.9mpg.
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May
16th
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Harman, one of the world's biggest audio system producers, is aiming to get its sales in Russia up to $250 million a year by 2016, betting on renewed growth in the car market, its chief executive said.
May
16th
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China's largest car distributor has come to the rescue of Saab in a deal worth as much as 110 million euros ($155 million) for the debt-ridden automaker, potentially staving off the collapse of one of Sweden's best-known brands.
May
16th
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Spyker, the Dutch owner of Saab, announced a deal with China's Pangda Automobile, which it said would secure Saab's medium-term funding needs.
May
16th
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German engine producer Tognum plans to support a raised offer from Daimler and Rolls-Royce that values the company at 3.4 billion euros ($4.8 billion), two people familiar with the situation said.
May
16th
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Saab's prospective Chinese partners would prefer injecting capital straight into the company in exchange for a stake rather than through Saab's Dutch owner Spyker, a newspaper reported on Monday.
May
16th
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Opel is planning to introduce a premium model above its top-of-the-range Insignia as well as an electric car smaller than its Ampera, the automaker's new head told a German paper.
May
16th
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Opel is planning to introduce a premium model above its top-of-the-range Insignia as well as an electric car smaller than its Ampera, the automaker's new head told a German paper.
May
16th
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The 7th annual Automotive News Europe/SupplierBusiness OEM-supplier relations online survey is underway.
May
16th
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Like other carmakers, Mazda is trying to sort out the impact of the March 11 earthquake in Japan. So far Mazda has come through in decent shape, says Jim O'Sullivan, 58, CEO of Mazda North American Operations.
May
16th
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Already high used-vehicle prices are surging at auctions as dealers anticipate gaps in new-car inventories and snatch up used vehicles to fill their lots.
May
16th
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As head of Mercedes-Benz USA in the late 1990s, Mike Jackson was determined to keep the ungainly, expensive A-class small car out of the United States.
May
16th
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Since being named chairman of the Americas for Nissan Motor Co. two years ago, Carlos Tavares has overseen market share growth for the Nissan and Infiniti brands in the United States, Mexico and several Latin American markets.
May
16th
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Limited inventory and a lack of incentives hammered Japan's top two brands in the first 10 days of May as U.S. dealers began to feel the full impact of the March 11 earthquake.
May
16th
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The reduction of the dealership network over the past four years has left survivors in prime financial shape. The average dealership net pretax profit as a percentage of sales was 2.
May
16th
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TORONTO, Ontario -- Honda's four-foot robot, ASIMO, has been around since 2000, and last visited Canada four years ago, but not since it has been updated with another round of advancements. A 2011 Canadian tour was initiated to allow ASIMO to showcase its new talents, and to help publicize Honda Canada's 25th anniversary of Canadian vehicle production, at its facilities in Alliston, Ontario.
May
16th
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The results from a new study conducted by Yale University's pediatrics department may change the way parents buy car seats for their children. It seems that young children have sufficient motor skills to unbuckle themselves, before they understand the importance of automotive restraints.