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Apr
21st

FRANCE: Faurecia sees revenues grow

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Revenues at French supplier Faurecia rose by 24% in the first quarter of this year partly reflecting acquisitions made since the same period a year ago.
Apr
21st

SWEDEN: Saab coy on Chinese connection

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Saab is declining to comment on suggestions it is in discussions with Chinese automakers with an eye to taking an investment in the troubled company.
Apr
21st

US/UK: Porsche GB chief jumps Atlantic to JLR North America

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Former Porsche Great Britain chief executive Andy Goss will be president of Jaguar Land Rover North America (JLRNA) from 1 May.
Apr
21st

Saab rescue deal gets Sweden’s approval ahead of EIB decision

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Sweden's debt office said on Thursday it had approved a new financing deal for Dutch-owned carmaker Saab and was now waiting for a green light from the European Investment Bank.
Apr
21st

Daimler’s Q1 EBIT seen at 1.99 billion euros

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Daimler is expected to report first-quarter earnings before interest and taxes (EBIT) of 1.99 billion euros ($2.90 billion), up 67 percent, a Reuters poll of 14 banks and brokerages showed.
Apr
21st

COLOMBIA: Consumer confidence sees March sales soar

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'Confidence' is the best word to explain why Colombians bought 32,320 new vehicles last month.
Apr
21st

Fiat to raise Chrysler stake to 46% in move to gain majority

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Fiat has agreed to pay $1.27 billion for an additional 16 percent stake in Chrysler Group, lifting the Italian automaker's stake to 46 percent in a deal that was faster and cheaper than expected.
Apr
21st

Rolls-Royce predicts big sales increase in Q2

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Rolls-Royce should more than double sales in the second quarter, in large part because of its Ghost model, David Archibald, president of Rolls-Royce in North America, said on Wednesday.
Apr
21st

Saab in talks over China tie-up

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Saab is negotiating with a wide range of Chinese automakers about a tie-up at the same time it awaits approval by the European Investment Bank for a financing deal it needs to restart operations, the company's owner said.
Apr
21st

Mercedes, BMW battle for bankers’ bucks with Manhattan showroom upgrades

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Daimler's Mercedes-Benz and BMW are spending a combined $280 million to improve their Manhattan showrooms as they race to become the top-selling luxury brand in the United States.
Apr
21st

Toyota extends N. American, China output cuts to June

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Toyota extended production cuts at its North American and Chinese plants because of a shortage of parts after Japan's record earthquake and tsunami last month.
Apr
21st

Ferrari teaches Chinese how to drive

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Talk about a dream scenario: Your driver's education course conducted behind the wheel of a brand new Ferrari. It's happening in China, where Ferrari is offering driving courses for beginners.
Apr
21st

NASCAR: Promotional video of Tony Stewart and Lewis Hamilton

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Watch NASCAR Champion Tony Stewart and Formula 1 Champion Lewis Hamilton as they ponder the idea of swapping cars.
Apr
21st

2012 Mercedes-Benz E 63 AMG gets new twin-turbo V8

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While the entire world focuses on the 2011 New York International Auto Show, Mercedes-Benz is introducing the new 2012 E 63 AMG offering a unique blend of luxury, performance and fuel economy.
Apr
21st

Try an EV at the NY show!

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New York - Recent auto shows have been dedicating a lot of space to new hybrid and electric models. And New York is no exception. However, in the Big Apple visitors can do more than simply admire the newcomers - they can drive them too.
Apr
21st

2011 Chevrolet Cruze Eco Review

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This morning we got behind the wheel of a "Silver Ice Metallic" Chevrolet Cruze Eco, and headed for Port Perry, Ontario. Cruze returned Chevrolet back into the thick of the compact car market. With the newly introduced Cruze Eco model, Chevrolet is now hoping to get back into the conversation that concerns over-achieving fuel-efficient small cars (notwithstanding the plug-in Volt).
Apr
21st

2011 World Car of the Year awards

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The organizers of the New York International Auto Show announced the winners of the 2011 World Car of the Year awards - including World Car, Green Car, Performance Car and Design.
Apr
21st

Team Lotus owner Tony Fernandes could buy British carmaker Caterham

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The Team Lotus Formula 1 organisation could be set to tie up with Caterham Cars, a famous British specialist sports car marque.
Apr
21st

2011 Hyundai Equus Review (video)

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The Hyundai Equus's styling may not be directly attempting to pull the wool over anyone's eyes, though the droves of people who stop curiously to check it out may suggest otherwise. Hyundai doesn't put their stylized "H" badge anywhere on the Equus, inside or out, other than the trunk lid. Even the rims and steering wheel wear the Equus's flying 'bird' badge instead--which is repeated on the front of the hood.
Apr
21st

Rally: Injured Robert Kubica talks to his fans

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Formula 1 driver Robert Kubica, who's been seriously injured in a scary rally accident two months ago, is finally giving news to his fans.
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