Industry

Sales reach 369,5000 and breaks records in China and US

The year has only just begun, and it appears that Audi is on its way to another record year. In the first quarter of the year, the brand delivered 369,500 cars worldwide, a 6.8% increase over last year. Sales grew in Europe, Asia and the US. ...

Planning smaller engines and transmissions with more gears

General Motors has announced a $332 million investment into Michigan, Ohio and Indiana to build new, cutting-edge engines and transmissions. GM is making a major push to create cleaner, more efficient internal combustion engines that do not need a...

Hybrids have been a big success in Western Europe

Toyota Europe CEO Didier Leroy has given an interview to Automotive News Europe where he discussed the future of the company in Europe and laid out its future plans.  Leroy became Toyota Europe CEO in 2010, and in 2012 he brought the comp...

Investment will continue for next four years

Jaguar Land Rover has announced that it will invest £2.75 billion ($4.2 billion or €3.25 billion) for each of the next four years into new products and production capacity. The investment will likely require a large loan, as the ye...

Foreign cars have grown to 10% of Korean market

Toyota, BMW, Mercedes, Audi and Volkswagen, the top foreign automakers in Korea, are under investigation by the South Korea's Fair Trade Commission for alleged price fixing and collusion. The automakers are accused by the Fair Trade C...

Will put more focus on Panda

Fiat say that it is down creating variations on the 500, and the 500X crossover will be the final one for the near future. Instead, Fiat will begin building new variants of the Panda.  Fiat is concerned that it could be harming the brand ...

Volume Will Be As Important as Profit for Future

Seat Chairman James Muir says that to ensure the company's future it will need to double sales, not just be profitable.  Seat sold 321,000 cars last year, and Muir believes that it will have to double that to survive. The company also...

Production of Zafira Tourer will end

The employees at Opel's Bochum factory have refused what General Motors calls its Deutschlandplan. The deal would have meant no pay increases for Opel workers and GM investing €3 billion in Opel. The Bochum factory would have been con...

Critics say it goes too far to weaken emissions rules

The European Commission is considering augmenting CO2 emissions laws to allow automakers to trade CO2 credits to lower their average emissions. The rules currently mandate average CO2 emissions of 130g/km of CO2 by 2015, and it is seeking to manda...

Consists of 9-4X SUVS and 9-5 models

While Saab is officially dead and sold, the company's liquidators are still trying to get as much money for the debtors at possible. After a successful auction of 69 cars last April, the liquidators have found 78 more cars, including 31 9-4X S...