Industry

GM and Peugeot Joint Venture Halted After PSA Bailout

GM and Peugeot Joint Venture Halted After PSA Bailout

General Motors and PSA Peugeot-Citroën were slated to announce their joint venture that would merge Opel, Vauxhall, Peugeot and Citroën on October 31, but news has come out that those plans have fallen through because Peugeot accepted a ...
23.11.2012 | 4016 views | 0 comments
Lamborghini Predicting High End Car Demand to Stay Flat

Lamborghini Predicting High End Car Demand to Stay Flat

Lamborghini boss Stephan Winkelmann is predicting that demand for high end cars like Lamborghini builds will stay roughly the same next year because European demand is continuing to decline and Chinese growth is slowing.  While we al...
23.11.2012 | 781 views | 0 comments
Asia Will Be Responsible for More Than Half of Car Sales by 2025

Asia Will Be Responsible for More Than Half of Car Sales by 2025

An analysis of the Asian automotive market predicts that more than half of the world's car sales will come from continental Asia by 2025. Asian car sales are expected to increase by about 5% a year over the next 12 years.  China and I...
23.11.2012 | 5276 views | 0 comments
Audi Breaking Ground on Mexican Factory in 2013

Audi Breaking Ground on Mexican Factory in 2013

Audi has announced further plans for the Mexican factory that it confirmed in April. The factory in San José Chiapa in the Mexican state of Puebla will start construction in spring 2013. By early 2016, it will begin producing the Audi ...
23.11.2012 | 5156 views | 0 comments
NEVS Desperate to Get Saab Back on Road

NEVS Desperate to Get Saab Back on Road

National Electric Vehicle Sweden (NEVS), the company owned by Chinese and Japanese interests that bought Saab last year, is getting desperate to get a car on the road. The original plan was to have an electric version of the 9-3 on sale at least i...
23.11.2012 | 1680 views | 0 comments
GM Will Focus on Plug-ins and Electrics Over Hybrids

GM Will Focus on Plug-ins and Electrics Over Hybrids

General Motors will focus on electric cars and plug-in hybrids in the future as opposed to standard hybrid systems. It predicts that by 2017 it will sell 500,000 cars a year with some form of electrification globally, which is about 6% of total sa...
23.11.2012 | 1965 views | 0 comments
Fisker Planning Technical Center in Michigan for Atlantic

Fisker Planning Technical Center in Michigan for Atlantic

Fisker is looking for a place to built a technical center where it can develop the Atlantic. It says that the center will most likely be in South Eastern Michigan. It believes that it could open the center by Spring 2013. Fisker wants a technical ...
23.11.2012 | 841 views | 0 comments
Hyundai and Kia Continue to Flourish in Europe

Hyundai and Kia Continue to Flourish in Europe

It is old news by now that the European auto market is shrinking, but there are companies who are growing steadily in Europe - Hyundai and Kia.  European auto sales are down 7.2% for the year so far. However, Hyundai's European sales ...
23.11.2012 | 5174 views | 0 comments
ACEA Finds European Auto Sales Down 7.3% for Year

ACEA Finds European Auto Sales Down 7.3% for Year

The European Automobile Manufacturers' Association (ACEA) has released its monthly analysis of the previous month's sales. The organization found that auto sales are down 7.3% over the first ten months of this year and down 4.8% for t...
23.11.2012 | 2685 views | 0 comments
Marchionne Believes Chrysler Not Needed to Save Fiat

Marchionne Believes Chrysler Not Needed to Save Fiat

The general opinion of the automotive press is that Fiat is buying up Chrysler to take advantage of the company's strong North American sales to save the ailing Italian company. However, Sergio Marchionne who is CEO of both companies says that...
23.11.2012 | 789 views | 0 comments

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