In one of the most generous acts of philanthropy ever bestowed on such an institution, the Petersen Automotive Museum has received a gift of $100 million from Margie Petersen and the Margie and Robert E.
In one of the most generous acts of philanthropy ever bestowed on such an institution, the Petersen Automotive Museum has received a gift of $100 million from Margie Petersen and the Margie and Robert E.
In one of the most generous acts of philanthropy ever bestowed on such an institution, the Petersen Automotive Museum has received a gift of $100 million from Margie Petersen and the Margie and Robert E.
Also in today's show: General Motors and Volkswagen take aim at Toyota, Mercedes prices its latest wares and Ford makes money.
Ford has idled some assembly plants as it works to conserve parts following last month's earthquake in Japan which disrupted the production and delivery of components.
Renault Group reported Q1 sales of EUR10,431m in the first quarter, up 15% year on year, after shifting 692,607 units, 5.8% more than a year ago, on the back of growth in markets outside Europe, particularly Brazil, Turkey and Russia.
Renault said first-quarter revenue rose 15 percent on buoyant demand for its no-frills models in Russia and emerging markets. The automaker predicted the impact of the Japan earthquake and tsunami could lead to slower production in the coming months.
Toyota is shutting an assembly plant in Brazil for three days over the next four weeks, cutting production by about 1,200 cars, because of a shortage of parts due to the Japanese earthquake.
Honda Motor expects domestic vehicle plants to return to production levels planned before the 11 March earthquake by the end of the year.
Taiwanese concept claims range of 249 miles on a single charge and a 155mph top speed.
The introduction of high-performance tires and racing-style wheels for the Z06 and ZR1 models is the major change to the Chevrolet Corvette for the 2012 model year, according to information being posted at Corvette fan sites on the Internet.
AGC (centred on Tokyo-based Asahi Glass) is to move into Brazil's construction and automotive glass markets, investing JPY40bn (about US$470m) in an industrial glass complex in Sao Paulo state. The plant will produce float glass, mirrors, coated glass and automotive laminated and tempered glass, operating under the name of AGC Vidros do Brasil Ltda.
Toyota has little interest in finding alternative sources for parts that are in short supply after the earthquake in Japan, the company's chief manufacturing executive said today.
PSA Peugeot Citroën has built its millionth vehicle at the Palomar plant in Argentina, and millionth engine in Porto Real, State of Rio de Janeiro, Brazil.
EXECUTIVE EDITOR--AUTOWEEK.COM BOB GRITZINGER: Here's a car that clearly needs more power for its size, but if fuel economy becomes your most important concern, it'll certainly do.
EXECUTIVE EDITOR--AUTOWEEK.COM BOB GRITZINGER: Here's a car that clearly needs more power for its size, but if fuel economy becomes your most important concern, it'll certainly do.
Ford, helped by new models, rising U.S. sales, and a rebound in Europe, reported a first-quarter profit of $2.6 billion today.
To celebrate the 125th birthday of the automobile, Automotive News Europe and MSX International have teamed up to present a unique award #8211; the "Legends on Wheels."
Toyota Motor Vietnam is cutting production by 70% to 3 June due to a shortage of components following the earthquake in Japan last month, the company said.
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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