Spyker Cars, the Dutch parent of Saab, reported a first-quarter net loss of 72 million euros on Friday and warned it was unlikely to meet its 2011 production target.
Daimler reported a 71 percent gain in first-quarter operating profit as growing wealth in China boosted deliveries of the Mercedes-Benz S-class sedan. Earnings before interest and taxes rose to 2.03 billion euros ($3.01 billion) from 1.
Chrysler CEO Sergio Marchionne said repaying U.S. and Canadian government debts will elevate the image of the automaker's brands after its bankruptcy two years ago.
Kia's first-quarter profit rose to 953.2 billion won ($890 million) from a revised 498.5 billion won a year earlier, the company said in a statement. Sales climbed 37 percent to 10.7 trillion won, it said.
Is the Citroen DS, built between between 1955 and 1975, the most legendary car of the past 13 decades? The car is among many classics nominated in the "Legends on Wheels" awards by Automotive News Europe and MSX International.
Violent weather across Alabama, Georgia and Tennessee has halted production at Mercedes-Benz and Toyota plants.
Audi's expansion plans in Hungary have come under scrutiny after a local environmental group appealed against the land use permit issued to the automaker, citing disturbance to a nature reserve and procedural errors as the grounds for the appeal.
Wards Auto reports that Tom Doll, Executive Vice President, Chief Operating Officer and Chief Financial Officer at Subaru of America, predicts a 50-percent sales boost for the Impreza next year in the United States. And that's without a Volkswagen Jetta-style price cut.
Saab's inability to re-establish production because of unpaid bills is starting to reflect poorly on its owner, Spyker Cars. The Dutch company reported net losses of 72 million euros (around 201.2 million CAD) today for the first quarter of 2011.
Nicolas Hamilton had a big crash when testing his car for the British Renault Clio Cup race at Thruxton, Great Britain.
Birdman announced via Twitter that he just purchased a Maybach Exelero for a cool $8 million. The fourth wealthiest rapper according to Forbes is making quite a statement!
Slowly but surely, the industrial espionage saga that shook Renault - and turned out to be an internal power struggle that caused the dismissal of managers Matthieu Tenenbaum, Michel Balthazard and Bertrand Rochette - is drawing to a close. The French automaker announced that a settlement had been reached with the three men.
Chrysler unveiled the S variants of the 200 at the latest NY auto show and has now announced pricing as well. A sedan will set you back $28,995 and a convertible model $39,495. That's just $1,000 more than the Limited versions and, according to the manufacturer, you get an extra $5,000 worth of goodies.
Every year, us auto scribes live with dozens of the markets latest offerings to give you readers the down-low on the most important new models.
German driver Mike Rockenfeller (Audi) set the fastest time in the first free practice session in Hockenheim for the opening round of the DTM in Hockenheim.
I'm not usually a fan of SUVs. But there's always an exception to the rule, and here it's Volkswagen's Tiguan. I have to say, the little ute really does justice to the "sport" in Sport Utility Vehicle - and that's rarely the case in this class.
Kia's new design language looks pretty good on its smallest sedan. With those distinctive looks, 40 mpg, and Kia's track record for decent pricing, they will be only one outcome -- lots of happy customers. Also great to see "stop-start" showing up on a high-volume, low-cost vehicle like Rio.
Mercedes-Benz USA announced today that it will open the company's first Mercedes-Benz Driving Academy in Los Angeles in October 2011, offering a fully-integrated, California DMV-approved teen driver education program.
Ben Collins, a well-known race car driver and famous for his role as the second Stig in the popular TV show Top Gear, has published an article listing the five worst cars he's ever driven.
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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