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Skoda Reports Higher Deliveries But Lower Profit

Skoda Reports Higher Deliveries But Lower Profit

China has become one of its major markets

Skoda has released its 2012 fiscal report, and it tells a very interesting story. The Czech carmaker now has 25% of its sales and 30% of its production coming from China. Skoda had delivered 939,000 vehicles to customers in 2012, a 6.8% increa...
21.03.2013 | 643 views | 0 comments
Porsche Racing Across Europe in Classic 911 This Summer

Porsche Racing Across Europe in Classic 911 This Summer

The car is an original 1965 911 that was sold in Italy

It is a great time to be at Porsche. The company had one of its best financial years ever for fiscal year 2012 and is just beginning to introduce a whole new family of racecars. Its iconic 911 is also celebrating its 50th birthday this year. To ce...
21.03.2013 | 8419 views | 0 comments
Refreshed Camaro SS Will Debut in New York

Refreshed Camaro SS Will Debut in New York

Chevrolet pushing muscle car range in New York

Chevrolet's strategy for the New York Auto Show on March 27 appears to be "More Power." Not only will the company have its new Corvette and SS muscle sedan on display, it will debut the 2014 refresh for the Camaro SS, the first major...
21.03.2013 | 3760 views | 0 comments
Mercedes Considering Model Below A-Class; May Be Based on Clio

Mercedes Considering Model Below A-Class; May Be Based on Clio

Company sees trend towards smaller, premium cars

Mercedes sees a burgeoning trend towards smaller, premium cars. Buyers still want luxury, but they want it in an even smaller car. That is why that it is considering building an even smaller premium car than the new A-Class. This new car would use...
20.03.2013 | 2014 views | 0 comments
Jaguar Adding 543hp XJR to Lineup at New York Auto Show

Jaguar Adding 543hp XJR to Lineup at New York Auto Show

Borrows Supercharged 5.0-liter V8 from XFR-S

Jaguar has announced that it will add the XJR to its lineup at the New York Auto Show on March 27. Sales of the model will begin this summer.  The latest R model uses the 543hp, 5.0-liter supercharged V8 from the XFR-S. In addition to the...
20.03.2013 | 10651 views | 0 comments
Ford Paying $187,500 Severance to Hourly Workers from Genk, Belgium

Ford Paying $187,500 Severance to Hourly Workers from Genk, Belgium

The factory will close in 2014

Ford will pay $750 million in severance pay to the hourly workers from its Genk, Belgium, factory when it closes in 2014. The severance works out to an average of $187,500 to each of the 4,000 hourly workers.  The workers will be paid the...
20.03.2013 | 2502 views | 0 comments
Bentley Readying Two More Mulsanne-based Concepts

Bentley Readying Two More Mulsanne-based Concepts

One of the three concepts will be produced

Bentley says that it has two more concepts based on the Mulsanne to show. It showed a Mulsanne convertible concept behind closed doors at the Pebble Beach Concours d'Elegance. The company's CEO says that at least one of the cars will likel...
20.03.2013 | 595 views | 0 comments
Honda Refreshing Odyssey Minivan at New York Auto Show

Honda Refreshing Odyssey Minivan at New York Auto Show

Car seems to be aimed at families

Honda will reveal a refreshed Odyssey minivan at the New York Auto Show on March 27. It did not release any images of the car, except for the name spelled out in cereal, which at least shows that Honda knows that the biggest buyers of the Odys...
20.03.2013 | 3621 views | 0 comments
Detroit Electric Name Reborn with Electric Sports Car Concept

Detroit Electric Name Reborn with Electric Sports Car Concept

Cars will be built in Michigan

Detroit Electric is a little-known electric carmaker from Detroit, Michigan, that built cars from 1907 to 1939. Now two former workers for Lotus Engineering - one from the US and one from England - have reformed the company and plans to begin buil...
20.03.2013 | 3202 views | 0 comments
Subaru Bringing Performance Concept and XV Hybrid to New York

Subaru Bringing Performance Concept and XV Hybrid to New York

XV Crosstrek Hybrid is company's first hybrid

Subaru has announced that it is bringing a performance concept to the New York Auto Show on March 27. It will also introduce the XV Crosstrek Hybrid, the brand's first ever production hybrid vehicle.  Subaru is keeping tight-lipped ab...
20.03.2013 | 1792 views | 0 comments

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