By 2018, Porsche CEO Matthias Mueller, 57, aims to boost annual global sales to more than 200,000 units, up from 97,000 in 2010. To do so, he will introduce at least one new Porsche every year.
Ford Motor Co. touts the technology offerings on its 2012 Focus with the launch of a global advertising campaign. The campaign marks the first time Ford has taken a global approach to marketing one of its vehicles, the automaker said today.
Italdesign Giugiaro S.p.A. will unveil concepts for a compact coupe and a medium minivan for Volkswagen AG at the Geneva auto show next week.
Volkswagen will produce more than 100,000 Volkswagen and Skoda cars a year at Russian group GAZ's plant as the German carmaker increases its presence in the fast growing Russian market.
In the second part of our February Management Briefing, we look at current and future OEM activity with regards biofuels and FFVs in Europe.
A third automotive company - DR Motor - has shown its hand at the last minute expressing an interest in moving into part of Fiat's Termini Imerese plant in Sicily, as the Italian and Sicilian governments prepare to divide up EUR450m (US$621m) in grants for the site
Toyota Motor Corp. said Thursday it will recall 2.17 million Toyota and Lexus vehicles in the United States to inspect and repair accelerator pedals that may get trapped in floor mats or carpeting.
Baby Fiat gets a designer makeover as Gucci celebrates its 90th anniversary.
Porsche has said it plans to present - at the upcoming Geneva Show - its first functional, full hybrid car in the world, the Semper Vivus, 111 years after its World Premiere in 1900.
DETROIT -- Toyota Motor Corp. is recalling 2.17 million Toyota and Lexus vehicles in the United States to inspect and repair accelerator pedals that may get trapped in floor mats or carpeting.
Ssangyong Motors has launched its first new vehicle in three years, the Korando C compact SUV.
GM's European division today reported a better-than-expected full-year operating loss, which helped its Detroit-based parent post a net profit of $4.67 billion. It is GM's first full-year profit since 2004 and it comes following its U.S.
Daimler plans to boost its global work force by 10,000 people this year, with 4,000 of the new jobs planned for Germany. The automaker also wants to recruit 1,300 new employees for its U.S.
Spyker Cars said Thursday it is negotiating to sell its sports car business to a company controlled by Russian billionaire Vladimir Antonov.
Spyker Cars said Thursday it is negotiating to sell its sports car business to a company controlled by Russian billionaire Vladimir Antonov.
Spyker sells supercar business for €32million to concentrate on returning SAAB to profit.
General Motors has posted 2010 calendar year net income of US$4.7bn of net income for its first full year of operations with revenue of US$135.6bn
General Motors Co. today posted a fourth-quarter net profit that was its smallest of 2010, exposing profit drags that are likely to linger this year. GM's fourth quarter net income of $510 million, while a sharp swing from a $3.
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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