Industry

Platform based on VW Taigun Concept

Skoda already has one compact SUV in the form of the Yeti, but it is already planning a crossover one step smaller with a sub-compact SUV rumored to be called the Polar. The platform will be VW's MQB platform from the Golf with styling in the ...

Cars will be DS5 and two other cars

Three Citroën DS models will be built in China for the local market starting in 2014. The models will be the DS5, an unannounced sedan and an unannounced SUV. The news broke in a Beijing newspaper and come from the vice president of PSA&...

Launching with two models with two more coming later

Fiat will launch the Jeep brand in India in the third quarter of 2013 with hope's in increasing the corporation's market share. It will launch with two unannounced foreign produced models and two locally produced models will be added in 20...

Slightly smaller than or originally proposed 40% deal

Just hours after rumors surfaced that former Ducati owner Investindustrial was leading in the bidding to buy Investment Dar's stake in , the company has officially confirmed that Investindustrial is buying a 37.5% stake in the sports car ...

Mahindra and Mahindra was the former leading party

The purchase of is starting to become a horse race. First one side is leading, then the other. We first reported on this story last week Indian automaker Mahindra and Mahindra was the leading bidder to buy the English sports car maker. Now, it ap...

The deal will give Renault-Nissan over the Lada car maker

The final portions of the deal that would give Renault-Nissan control of AvtoVAZ, maker of Lada cars, is expected to be finalized next week.  Renault and Nissan will pay $750 million to take 67.13% stock of AvtoVAZ and have 74.5% voting s...

Will increase product range to increase sales

Caterham has set a goal to increase sales to 10,000 car a year or more by 2020, and it plans to do it by adding more accessible models. Owner Tony Fernandes had already said that Porsche is the company's model for the future.  The fir...

Estimated 3.2% drop in sales next year

The German auto market, which along with the UK, had been the only Western European car market to post increasing sales, but industry estimates that auto sales in Germany will fall by about 100,000 cars (3.2%) next year to about 3 million cars, ac...

French sales down 19.2 for November; Italy down 20.1%

There is no good news coming from Italy or France in terms of auto sales this year. Both countries are reporting some of the worst sales all year.  In France, the French Automotive Manufacturers Committee (CCFA) reported that French auto ...

Building 2,200 1.2 TSI and 1.4 TSI engines a day

Skoda's Mlada Boleslav factory has begun production of 2,200 1.2 TSI and 1.4 TSI EA211 engines a day. The engines will be distributed to Skoda, Audi, Seat and Volkswagen to apply to their vehicles.  “We are continuing the expans...