Industry

Volvo Building Two New Factories in Sweden

Volvo Building Two New Factories in Sweden

New factories' first major project will be the new XC90

Volvo has announced plans to upgrade several factories in Sweden to build its next generation of cars. The expansion will represent about a third of all of Volvo's investment through 2015. Upgrades to the Torslanda and Olofström fact...
04.12.2012 | 6477 views | 0 comments
Alfa Romeo and Mazda Planning Future Projects

Alfa Romeo and Mazda Planning Future Projects

The engineers are beginning to communicate on future cars

Mazda and Alfa Romeo already have a deal to work together on a next generation roadster. Mazda is doing most of the chassis engineering in Japan, but because Alfa Romeo knows that it will use the platform for the next Spider, it is also providing ...
04.12.2012 | 1660 views | 0 comments
Lotus Sues Dany Bahar for Being

Lotus Sues Dany Bahar for Being "Abysmal" CEO

The suit asks for £2.5 million for unauthorized expenses

Lotus is suing former CEO Dany Bahar for a long list of unauthorized expenses totaling £2.5 million.  Bahar's allegedly charged a chauffeur, private helicopter travel, 10 watches and renovations to two properties to Lotus while ...
03.12.2012 | 862 views | 0 comments
Mini Taking Over Former Mitsubishi Factory in 2014

Mini Taking Over Former Mitsubishi Factory in 2014

No decision yet about which models will be built there

Mini will take over Mitsubishi's Nedcar factory in Born, the Netherlands, in the second half of 2014. Mini still has not decided which models that it will build there, but the factory has an annual capacity of 200,000 cars. Technically, the fa...
29.11.2012 | 6754 views | 0 comments
Aston Martin Nearing 40% Sale to Mahindra

Aston Martin Nearing 40% Sale to Mahindra

It appears that in the very near future Jaguar Land Rover might not be the only British auto company now owned by Indian interests. Aston Martin has confirmed to share holders that it is for sale, and that it is in "advanced stages" of s...
29.11.2012 | 736 views | 0 comments
Chinese Automakers Hiring European and American Designers

Chinese Automakers Hiring European and American Designers

They want experienced designers immediately to give Chinese cars personality

China instituted a policy decades ago that for automakers to avoid high tariffs on imported cars they must form joint ventures with Chinese automakers to build factories in China. The government's idea was to give automaker's access to its...
27.11.2012 | 5454 views | 0 comments
Volkswagen Plans to Moving into Smaller Cities in China

Volkswagen Plans to Moving into Smaller Cities in China

Volkswagen plans to dominate the Chinese market by 2018 and to increase sales it plans to open showrooms in smaller cities to lure more buyers. Small cities are projected to take 60% of new car sales by 2020, compared to 40% currently.  F...
26.11.2012 | 4366 views | 0 comments
Audi Opens Its Largest Showroom Worldwide in Dubai

Audi Opens Its Largest Showroom Worldwide in Dubai

The showroom is 8,700 square meters over three levels

Audi has opened its largest showroom in the world at a three-story complex in Dubai that covers 8,700m² (2.15 acres). Singer Jennifer Lopez attended the opening.  The dealer was built by Al Nabooda Automobiles and displays 57 cars. T...
26.11.2012 | 2547 views | 0 comments
Ford Builds 500,000th EcoBoost Engine in the US

Ford Builds 500,000th EcoBoost Engine in the US

Ford has built its 500,000th Ecoboost engine since production began in 2009, and it announced yesterday that North America will also get the 1.0 EcoBoost in the Fiesta next year. The 500,000th North American EcoBoost engine went into a Ford E...
23.11.2012 | 752 views | 0 comments
Jaguar Developing 3 Series-Like Midsize Sedan

Jaguar Developing 3 Series-Like Midsize Sedan

Jaguar is developing a mid-size luxury sedan to take on cars like the 3 Series, A4 and C-Class, and it had better be more successful than the X-Type.  The new luxury sedan will be rear-wheel drive or all-wheel drive. It will be offered as...
23.11.2012 | 1015 views | 1 comments

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