BMW will invest $751 million to set up production of its Megacity Vehicle electric city car. Sales for the Megacity will be 'sizable' and the model will cost less than 60,000 euros, BMW development chief Klaus Draeger said
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Car sales in Western Europe fell by 18.3% in October continuing the decline that has followed the ending of government sponsored scrappage incentives across the region.
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Car sales in Western Europe fell by 18.3% in October continuing the decline that has followed the ending of government sponsored scrappage incentives across the region.
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Magna International booked a $317m operating profit, up from $81m a year ago, for the third quarter of 2010. Sales rose from US$4.7bn to $5.9bn.
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Land Rover is to donate its one millionth Range Rover to UK military charity Help for Heroes for auction.
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Undisguised pics of the revised 300C show sleeker look.
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Finnish contract manufacturer Valmet, which builds the Porsche Boxster and Cayman, plans to buy insolvent German supplier Karmann's roof business. Valmet has signed a contract to gain control of the unit, Karmann's insolvency administrator said.
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Latest Porsche spy pictures show evolutionary styling of next 911.
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Audi is to plough EUR270m (US$381m) to expand capacity at its Brussels plant in the next few years as it looks to up production next year by 20%.
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The Turkish car market is continuing to show rapid growth with October sales posted at more than three times last year's level.
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Toyota Motor has boosted first fiscal half operating income from a loss of JPY136.9bn a year ago to JPY323.1bn while income before income taxes and equity in earnings of affiliated companies was JPY392.0bn. Net income increased from a loss of 56.0bn yen to JPY289.1bn. Net revenues for the six months to 30 September 2010 rose 15.5% to JPY9,678.4bn.
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Nov. 2 was the latest release date announced for Gran Turismo 5, but it has sadly come and gone with still no game on store shelves.
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Carlos Ghosn's negotiations to take control of AvtoVAZ may be the Renault-Nissan alliance's final opportunity to grab the leading position in one of the four largest growth markets.
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Toyota raised its full-year profit forecast as sales in Asia grew more than estimated, outweighing the effect of a stronger yen. Net income may total $4.3 billion for the 12 months ending March 31, the company said. Toyota sales plunged in the U.S.
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Toyota raised its full-year profit forecast as sales in Asia grow more than estimated, outweighing the impact of a stronger yen. Net income may total $4.3 billion for the 12 months ending March 31, the company said. Toyota sales plunged in the U.S.
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VW plans to display the production version of its new Up minicar at the Frankfurt auto show next September. The first variant in the lineup will be a three-door model with three-cylinder gasoline and diesel engines.
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Toyota Motor Corp.'s Lexus, buoyed by consumer discounts, beat out Daimler AG's Mercedes-Benz and BMW AG's BMW brand in October to lead monthly U.S. luxury-auto sales for the first time since May. Lexus sales rose 8.
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Magna International said its third-quarter profit soared as sales benefited from rising global auto production. North America's largest supplier said it earned $241 million in the third quarter, up from $51 million a year earlier.
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VW plans to display the production version of its new Up minicar at the Frankfurt auto show next September. The first variant in the lineup will be a three-door model with three-cylinder gasoline and diesel engines.
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Does the perfect vehicle exist? Depending on who you ask, you'll get numerous different answers. Infiniti has been working hard at trying to provide products that will fit the description of whomever answers the question.
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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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