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.
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.
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.
Ten years after Volkswagen hinted at a return of the iconic Microbus, only to cancel the project, it's ready to try again.
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.
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.
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.
Opel/Vauxhall has set itself an ambitious target of becoming profitable this year, despite poor fourth quarter results.
Opel/Vauxhall has set itself an ambitious target of becoming profitable this year, despite poor fourth quarter results.
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.
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.
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.
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.
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.
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.
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.
Alfa Romeo says the production version of the 4C rear-wheel-drive coupe will be a sold around the world, including the United States.
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.
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.
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.
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