Despite the naysayers and its launch in a recessionary market, Porsche's first four-door sedan has beat company sales targets 11 months after its launch. Porsche sold 22,500 Panamera models during the first 11 months the sedan has been on the market.
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Volkswagen boosted sales 13% year on year to 4.7m vehicles in the first eight months of 2010 and said it would post record sales for the first three quarters of the year.
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Fiat expects to raise its 2010 targets and will report a net profit this year, CEO Sergio Marchionne said Thursday.
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Ford plans a major marketing initiative for the 2012 Focus compact car that plays on the lessons the automaker learned in launching the Fiesta Movement.
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Ford plans a major marketing initiative for the 2012 Focus compact car that plays on the lessons the automaker learned in launching the Fiesta Movement.
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Ford plans a major marketing initiative for the new Focus compact car that plays on the lessons the automaker learned in launching the Fiesta Movement.
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Tata Ltd, the wholly owned subsidiary of Tata Sons Ltd in the UK, is to acquire a minority stake in Bladon Jets which helped Tata group company Jaguar Land Rover develop micro gas turbines for the C-X75 concept electric supercar unveiled in Paris this week.
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Volkswagen AG is slightly more optimistic on the global car market's outlook now and still expects to outperform the worldwide market, the German carmaker's sales chief Christian Klingler said.
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The new '60' registration plate has seen September sales soaring in the UK but, as the month closes, Ford of Britain boss Nigel Sharp has concerns over the size of the real market.
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The Seat name may have been around in the UK for more than 20 years but there's still job to do in terms of brand awareness.
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Ford fears cash-strapped European governments may go back on promises to offer consumers incentives to buy electric cars, making EVs unaffordable to most buyers.
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The way Mazda UK manages its dealer network is a blueprint for the rest of Europe, according to the automaker's Europe sales chief Martin Benders.
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Volkswagen's group design director Walter de' Silva says he is ready to create a new Alfa Romeo range if the German automaker acquires Fiat's sporty brand.
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Volkswagen AG's group design director Walter de' Silva says he is ready to create a new Alfa Romeo range if the German automaker acquires Fiat's sporty brand.
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VW's group design director Walter de' Silva says he is ready to create a new Alfa Romeo range if the German automaker acquires Fiat's sporty brand. VW Chairman Ferdinand Piech acknowledged VW's interest in acquiring Alfa.
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Jaguar has unveiled an electric supercar concept, celebrating 75 years of the leaping car brand, that can reach 330km/h (205mph), sprint from rest to 100km/h (62mph) in just 3.4 seconds and accelerate from 80-145km/h (50-90mph) in just 2.3 seconds. The queue forms at the Paris motor show.
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Matthias Mueller, the new Porsche CEO, has officially assumed management board responsibilities after predecessor Michael Macht ceremonially handed over a symbolic Porsche steering wheel.
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Ferrari will start up business in India at the beginning of next year as the supercar maker prepares to post close-to-record results for this year, Chairman Luca Cordero di Montezemolo said on Thursday.
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Chevrolet Europe will continue to source the majority of its products from Korea as a European Union (EU) free trade agreement with the far east country is being negotiated.
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A decision to build the new Ampera plug-in hybrid car at Vauxhall's Ellesmere Port plant, together with a commitment to continue building commercial vans at Luton, could help create between 400 and 500 more British jobs.
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