Industry

Compact car sales up 229% for Chevrolet in US

Small cars have never had extended popularity in the US, outside of a brief point during the Oil Embargo in the 70s, but it appears that is changing. Chevrolet reports sales of its compact cars - the Cruze, Spark and Sonic - are up 229% in the sec...

Production will begin in 2014

Volvo has received permission from the Chinese government to build factories in Daqing, Zhangjiakou and Chengdu. The Daqing factory is currently under construction, and the first production cars are scheduled to leave the factory in 2014. ...

The factories will be built to fulfill local demand

Tesla says that it is in the planning stages for new factories in Europe and Asia to fulfill anticipated demand in those markets. It has already opened a small factory in the Netherlands that is assembling knock down kits of the Model S for Europe...

A fifth generation is due in 2014

Mercedes is celebrating the milestone of building 10 million C-Class cars over four generations and will begin production of the fifth generation next year. Mercedes is being slightly creating with its numbers because it is counting the W201 chass...

It is awaiting permission from the local government

Nissan has applied for permission from the local government to enlarge its Sunderland, England, plant for extra capacity to build the Infiniti Q30 premium hatchback starting in 2015. The expansion would add 25,000 square feet (2,300 square me...

It will build an EV version of the Saab 9-3 for China and Europe

National Electric Vehicle Sweden (NEVS), the holding company that currently owns Saab, says that production of the 9-3 will begin before the end of the year. The company has hired 300 factory employees and plans to sell the cars in Europe and Chin...

Sales are down in Europe

Volkswagen Group performed well in July with deliveries of 757,700 cars across all of its car brands, up 3.2%. It has sold 5.45 million cars from January to July, up 5.1%.  “The positive trend in Volkswagen Group deliveries continue...

The company has been in business since 1993

German boutique sports car maker Wiesmann has filed for bankruptcy in Münster, Germany, on August 14. Brothers Martin and Friedhelm Wiesmann founded the company in 1993 and its backbone was building classically styled sports cars with mod...

The raw ore comes from Columbia and is processed in the US

A new report from Bloomberg claims that the tungsten used in components in BMW, Volkswagen Group and Ferrari vehicles is mined in Colombia by a group classified in the United States and the EU as terrorists. The Revolutionary Armed Forces of ...

Asian sales are up 29.1%

BMW Group had its best sales ever for July by selling 152,349 cars worldwide, up 12.3% over the previous July. From January to July of this year, BMW has sold 1,106,876 cars, up 6.8% over the previous year.  “Our July sales result h...