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Mar
1st

Audi sales chief predicts record Q1 sales

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Audi expects to sell more cars in the three months through March than it ever did during a first quarter. The automaker also forecasts at least 10 percent sales growth in the U.S.
Mar
1st

BMW unaware of VW buying stake in partner

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VW's acquisition of an 8.2 percent stake in SGL Carbon surprised the latter's partner, BMW, signaling a potential source of conflict between the carmakers. BMW and SGL planned to invest as much as 230 million euros ($317.
Mar
1st

Lamborghini Aventador LP700-4 revealed in Geneva, packs 700 hp:

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All the cloak-and-dagger stuff has come to an end as Lamborghini pulled back the drape on the Aventador LP700-4, the all-wheel-drive V12 sports car that replaces the Murciélago.
Mar
1st

Volkswagen Microbus reborn–again–at Geneva auto show:

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Ten years after Volkswagen hinted at a return of the iconic Microbus, only to cancel the project, it's ready to try again.
Mar
1st

GERMANY: VW acquires automobile trading business of Porsche Holding Salzburg

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Volkswagen has acquired the operating business of Porsche Holding Salzburg (PHS) as previously announced. The transfer of the automobile trading company took place at a value of EUR3.3bn today (1 March, 2011). The registered office and corporate headquarters will remain in Salzburg.
Mar
1st

GENEVA: Toyota reveals new sports coupe developed with Subaru

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Toyota's all but production-ready FT-86 II concept unveiled in Geneva this morning shows clearly how the new sports coupe developed jointly with Subaru will look when it goes on sale in 2012.
Mar
1st

MALAYSIA: Proton Q3 loss prompts share sell-off

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Proton Holdings reported a net loss of MYR60.1m (US$19.7m) in the third quarter (to December 2010), compared with a profit of MYR79.7m a year earlier, prompting a fall in its share price to a 14-month low on the Kuala Lumpur stock exchange yesterday.
Mar
1st

GENEVA: Opel aims for black numbers this year: Reilly

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Opel/Vauxhall has set itself an ambitious target of becoming profitable this year, despite poor fourth quarter results.
Mar
1st

GENEVA: Opel aims for profit this year – CEO

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Opel/Vauxhall has set itself an ambitious target of becoming profitable this year, despite poor fourth quarter results.
Mar
1st

PSA’s Varin optimistic on European market this year

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Philippe Varin, CEO of French carmaker PSA, believes the European car market is performing slightly better than expected so far this year, despite the carmaker's forecast of a flat European market in 2011 at the start of the year.
Mar
1st

Ford’s Mulally skips Geneva for IT trade fair

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Ford CEO Alan Mulally missed the glitter of the Geneva auto show to deliver a keynote speech in Germany at CeBit, Europe's leading IT fair.
Mar
1st

Ford declares door war on GM’s Opel

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Ford touts a "dramatic" new door concept for its new B-Max minivan. The B-Max has no B pillar and comes with twin sliding rear doors.
Mar
1st

VW gala provides more fluff than stuff

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VW's Monday night pre-Geneva show event provided a lot of sizzle but not a lot of steak. The company didn't roll out any models aimed at the average person.
Mar
1st

Alfa 4C will be a global car

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Alfa Romeo says the production version of the 4C rear-wheel-drive coupe will be a sold around the world. The mid-engine halo car "will bring us back into markets such as the U.S. where we are not present today," Alfa CEO Harald Wester said.
Mar
1st

VW, Ford seal Russia deals as tax-incentive deadline passes

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The world's biggest carmakers had until the end of Monday to sign up for Russia's latest scheme to entice major manufacturers to the country.
Mar
1st

Piech says Alfa sales could quadruple under VW

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VW Chairman Ferdinand Piech said Europe's largest carmaker could nearly quadruple the annual sales of Alfa Romeo, if current owner Fiat sold the poor-performing brand.
Mar
1st

Alfa 4C will be a global car, will come to U.S.

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Alfa Romeo says the production version of the 4C rear-wheel-drive coupe will be a sold around the world, including the United States.
Mar
1st

2011 Volvo S60 T6 AWD Review

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An identity crisis is always a difficult ordeal to go through. Defined by Wikipedia as: "the failure to achieve ego identity during adolescence", Volvo is searching for itself. However, we are far beyond the adolescent days of this renowned Swedish brand which was officially founded in 1927.
Mar
1st

Geneva 2011: HAMANN and MANSORY revisit Mercedes-Benz SLS AMG

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MANSORY and HAMANN, two renowned premium car tuning companies, revealed their own interpretations of the Mercedes-Benz SLS AMG to be displayed this week at the Geneva Motor Show.
Mar
1st

F1: Sponsor Infiniti not rebadging Red Bull engines

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Red Bull's new sponsor deal with Infiniti was finally confirmed at midnight on Tuesday, but reports that it involves the rebadging of the team's Renault engines proved wide off the mark.
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