Industry

Aston Martin majority owner Investment Dar is reportedly looking for a buyer for its 64% share in the British sports car company. The two most likely buyers appear to be Toyota and Mahindra. Toyota has reportedly already completed an audit of Asto...

Porsche's October sales were up 24.1% (11,688 units) worldwide over last year and up 15.6% (116,050 units) for the entire. The only market where it saw a decline was in Europe for October, but Europe is still up in unit sales for the year so f...

The Test Track ride at the Disney Epcot Center in Orlando, Florida, is getting its first major redesign in December since opening in 1999. The updated ride will now be sponsored by Chevrolet instead of General Motors.  Chevrolet and Disne...

The refreshed Ford Fiesta has begun production at Ford's Cologne, Germany, factory. Deliveries are set to begin in a few weeks. The refreshed car is available with the 1.0 Ecoboost, Active City Stop and Sync.  The major change in the ...

Mitsubishi says that it has instituted a plan that it will keep it from leaving the US market like Suzuki did last week, but the company has no plans to do so. President Osamu Masuko has a plan to bring the company back from the brink in the US.&n...

Honda is making a big commitment to hybrid and electric cars in the near future. At the same press event where Honda's CEO announced the new Jazz-based crossover, it also unveiled plans to build an electric city car for Japan and three new hyb...

Volkswagen Cars' sales through October are up 11.2% to 4.72 million cars, compared to 4.24 million cars from January to October last year. October sales alone were up 16.3% to 501,300 cars.  European sales are almost flat for the year...

Porsche is stopping weekend production starting in January of all of the 911 to deal with low European demand. Since September, Porsche has been running eight extra shifts a month on Saturdays to build the 911. The end of weekend work means th...

Fiat wants to eventually own all of Chrysler, but the United Auto Workers labor union is standing in its way. The problem is not a labor dispute; the UAW owns roughly 40% of Chrysler and uses it to pay member medical benefits.  Fiat's...

Renault has been negotiating with its unions since November 6 to try to reduce the company's capacity. The company currently has ten factories in France but is negotiating with its unions to reduce that to seven.  Renault's plans ...