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Mar
9th

CHINA: Kia venture to develop own cars

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Kia's joint venture in China, Dongfeng Yueda Kia Motors, is investing about US$150m in an R&D centre so that it can develop its own brand of cars.
Mar
9th

FRANCE: Possible Paris prosecutor Renault view this week

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A decision by the Paris prosecutor involved in the supposed Renault industrial espionage case could be made this week about how to proceed.
Mar
9th

Lamborghini Aventador sold out for 12 months

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Aventador LP700-4 production sold out for over 12 months as Lamborghini predicts strong 2011.


Mar
9th

VIETNAM: Sales jump 56% in February

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New vehicle sales in Vietnam increased by 56% to 7,889 units in February, compared with 5,070 units a year earlier, according to data released by the Vietnam Automotive Manufacturers' Association (VAMA).
Mar
9th

BMW sees growth slowing after 22% rise in Feb sales

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BMW said February sales of BMW, Mini and Rolls-Royce vehicles rose by 21.7 percent, boosted by growth in Asia, Europe and the U.S., but warned growth would slow toward year-end.
Mar
9th

2012 Acura TL, an AW Flash Drive:

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What is it?
Mar
9th

Valeo counts on Asia for new growth targets

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Valeo set out new targets for revenue and profitability on Wednesday as it said Asia expansion and new technology would help it outpace automobile production growth in coming years.
Mar
9th

First Drive: 2012 Acura TL

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First Drive: 2012 Acura TL
2012 Acura TL - First Drive - Automobile Magazine
Acura refines, not reinvents, its best-selling sedan.

Numbers may not tell an entire story, but they do help build a business case. When it comes to looking at the figures associated with the fourth-generation Acura TL, which launched in 2009, the luxury sports sedan was a success. The model remains Acura's second best-selling model (eclipsed only by the MDX crossover), and remains the brand's best-selling passenger car. Almost three years after its launch -- and even in the shadow of a global economic shakeup -- nearly 34,000 customers ponied up to bring a TL home in 2010.


Photo Gallery: 2012 Acura TL - First Drive - Automobile Magazine


Mar
9th

Opel plans new dealer standards to boost brand value

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Opel/Vauxhall dealers will get new showroom standards designed to strengthen the brand's identity.The General Motors Co. subsidiary wants to sharply increase brand value and position the marque more exclusively within multi-brand dealership
Mar
9th

UK auto group Lookers nearly triples 2010 profit

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U.K. automobile-sales group Lookers said full-year profit nearly tripled as it sold more auto parts and services during the economic slowdown. Net income rose to 22.9 million pounds ($37 million), from 8 million pounds in 2009.
Mar
9th

Toyota aims for $12B profit by 2015, focuses on emerging markets

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Toyota plans to sell half of its vehicles in emerging markets and roll out 10 more hybrid models as part of efforts to boost its operating profit to at least $12 billion by 2015.
Mar
9th

Faurecia to build parts for new VW Passat

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French auto parts supplier Faurecia will produce parts including the exhaust, instrument panel skin and seat components for the 2012 Volkswagen Passat to be produced in VW's U.S. plant in Chattanooga.
Mar
9th

Renault to launch electric Twingo minicar in 2014

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Renault will launch an electric version of the Twingo minicar in the second half on 2014. The Twingo Z.E. will the company's fifth battery-powered model.
Mar
9th

Citroen sees EV sales at 4,000 in 2011

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Citroen says demand for its electric vehicles is being boosted by companies seeking environmentally friendly transport. The French brand expects to to sell 4,000 EVs this year, Xavier Duchemin, the brand's spokesman for EVs, said.
Mar
9th

Reilly sees black ink for Opel/Vauxhall

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Opel foresees an operating profit this year, its top executive says. "Our internal target is to be profitable this year before restructuring charges," said Nick Reilly, president of GM Europe.
Mar
9th

F1: Helmut Marko warns STR drivers to fear ousting

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Helmut Marko has bluntly admitted that he has no qualms about ousting drivers.
Mar
9th

F1: Hispania Racing confirms Vitantonio Liuzzi as second driver

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The Hispania Racing team has confirmed on Wednesday that Italian driver Vitantonio Liuzzi has been hired as second driver for the 2011 season.
Mar
9th

New 2012 Acura TL going on sale March 18 at $39,490

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Acura announced pricing and equipment for the mildly-redesigned 2012 TL, set to go on sale in Canada on March 18. The base TL will have an MSRP of $39,490, while the TL SH-AWD will retail for $43,490.
Mar
9th

Spain reduce speeds limits to save on fuel

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Faced with gas prices at around 1.77 CAD per litre and in light of the political turmoil in Libya and the Arab world, the Spanish government has decided to reduce the speed limit on national highways from 120 to 110 km/h in order to reduce the country's overall fuel consumption.
Mar
9th

Citroën to give iconic 2CV second life in 2013

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Vincent Besson, Products and Markets Manager at Peugeot-Citroën, confirmed that the French automaker is currently working to resurrect the 2CV, a true automotive icon in the same league as the Ford Model T.
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