Good times for the Brazilian auto industry, which will invest US$11.2bn from 2010 to 2012 (38% more than the $8bn in 2008-2010), are likely to be hit by unexpected price hikes.
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WITH VIDEO -- What is it?
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Toshiba said it is developing lithium-ion batteries with multiple automakers as it seeks to benefit from growing demand for more environment-friendly cars.
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VW said global sales increased 11 percent in April, helped by growing demand in China and the U.S. Deliveries at VW's seven car brands including Audi, and its commercial-vehicles division rose to 604,000 units from 542,000 a year earlier.
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All eyes will be on General Motors a little later today to see if a year of pain has translated into the first quarterly profit since 2007.
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A long production run and worldwide success ensure vehicles a place in the top five. But, which car is number one?
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Given the size of the Ford Fiesta, this shouldn't be much of a surprise--the littlest Ford in the United States has been rated at 40 mpg on the highway. A fuel-economy rating that high is typically recorded by vehicles with hybrid powertrains.
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Hiroyuki Matsumoto has been named vice president and general manager of Mazda's European research and development centre in Oberursel, Germany. He replaces Norihiro Tomita, in the post since May 2007, who is moving to a new role as programme manager in the vehicle development division back in Japan.
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Hiroyuki Matsumoto has been named vice president and general manager of Mazda's European research and development centre in Oberursel, Germany. He replaces Norihiro Tomita, in the post since May 2007, who is moving to a new role as programme manager in the vehicle development division back in Japan.
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We countdown five of the most gorgeous British concept cars that should have been made
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Tata Motors' passenger car unit head, Rajiv Dube, has resigned from the company. Dube played a crucial role in Tata's entry into the passenger car segment with the launch of the Indica hatchback and the low-cost Nano.
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European new-car sales fell for the first time in 10 months in April as scrapping schemes that had been bolstering sales began to fade, and the economic situation remained difficult, ACEA said. New-car registrations in Europe fell 6.
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Craig Zinn, a Lexus dealer in the heart of an affluent, nearly recession-proof section of Miami, wanted more than a brand palace when he built his $80 million dealership in south Florida last May.
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Porsche's U.S. sales have grown 3 percent through April compared with 2009. The overall market, meanwhile, has grown 17 percent during the same period.
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At this time last year, Mark Reuss was running General Motors' Holden subsidiary in Australia. What a difference Chapter 11 makes.
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Although U.S. sales are up 17 percent through April compared with 2009, Porsche's U.S. sales have grown only 3 percent.
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Some Chrysler dealers, who now rely on GMAC Financial Services for retail and floorplan financing, were alarmed by reports last week that General Motors Co. is looking at reacquiring the auto lending company.
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Honda's redesigned Civic will not arrive until 2011, well past the typical five-year product cadence that would have landed the next-generation subcompact in dealer showrooms this fall.
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By not overbuilding -- and absent the multiple crises of 2008-09 -- automakers started the month with the leanest May 1 inventory on record. Ever since the disruption of cash for clunkers last August, automakers have matched production closely to U.
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Way back in 1999, executives at struggling Hyundai Motor America dreamed of bringing the Equus luxury sedan to the United States. "We had an Equus demo," says Finbarr O'Neill, who took over the reins of the U.S. company that year.
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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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