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Toyota Posts $5.8 Billion Increase in Net Income for First Half of Year

Toyota Posts $5.8 Billion Increase in Net Income for First Half of Year

Toyota has reversed a loss through the first half of last year into a significant increase in income for the first half of 2012. The company posted a $5.8 billion (€4.5 billion) increase in net income for the first half of fiscal year 2012. I...
23.11.2012 | 685 views | 0 comments
Suzuki Will No Longer Sell Cars in the US

Suzuki Will No Longer Sell Cars in the US

Suzuki has decided to leave the American market effective immediately. What remains on dealer lots will be the final Suzuki automobiles sold in the US. The decision has no effect on Suzuki's motorcycles, ATVs or marine products in the US. Amer...
23.11.2012 | 1225 views | 0 comments
Volvo Sales Down 1.8% in October and 5.9% for the Year

Volvo Sales Down 1.8% in October and 5.9% for the Year

Volvo released its unit sales results for October and for the year, and sales are down for the company. Worldwide sales were down 1.8% for October to 34,843 cars, and for the year so far sales are down 5.9 % compared to this point in 2011 to&...
23.11.2012 | 681 views | 0 comments
Toyota Considering Big Change to Prius Styling

Toyota Considering Big Change to Prius Styling

A fourth generation Prius is in early development at Toyota and well over a year from being shown. It is still early enough that Toyota says that it has several options for how to style the next car.  “One of the avenues we’re...
23.11.2012 | 2586 views | 0 comments
Cars for young drivers: Old cars…

Cars for young drivers: Old cars…

Today I picked up my old MG Midget. It’s getting on a bit, having left the factory in 1966 but it still made for an interesting drive home, even if I wished it was sunny. That drive and the process of insuring it from the night before ga...
23.11.2012 | 23106 views | 0 comments
Land Rover Range Set to More than Double in Next 8 Years

Land Rover Range Set to More than Double in Next 8 Years

We reported last week that Jaguar Land Rover is planning to eventually develop two or three shared platforms for its cars, and that the first step started with the next Range Rover Sport sharing a chassis with the upcoming Range Rover. Autocar mag...
23.11.2012 | 2675 views | 0 comments
Tesla Stock Up Despite 3rd Quarter Loss

Tesla Stock Up Despite 3rd Quarter Loss

Tesla is making money despite losing money. It released its third quarter financial information yesterday and posted a net income loss of $110.8 million for the quarter compared to a loss of $65.1 million. Its revenue was down 13% to $50.1 million...
23.11.2012 | 995 views | 0 comments
Reduced Economy Ratings May Drop Hyundai and Kia Resale

Reduced Economy Ratings May Drop Hyundai and Kia Resale

Hyundai and Kia announced on November 2 a voluntary initiative to reduce some of its cars' fuel economy ratings. The reduction affects about 900,000 vehicles sold between the 2011 and 2013 model years and decreases Hyundai and Kia's averag...
23.11.2012 | 1015 views | 0 comments
Just 2% of Cars Stolen by Being Hot Wired; Key Theft More Common

Just 2% of Cars Stolen by Being Hot Wired; Key Theft More Common

You no longer need to worry about your car being hot wired and stolen but protect your keys. UK insurance company LV has found that only 1 in 50 (2%) cars stolen today are hot wired.  The popularity of hot wiring cars has been on the wane...
23.11.2012 | 6577 views | 0 comments
Cult Cars: The Volkswagen Transporter

Cult Cars: The Volkswagen Transporter

The year 1950 marks the beginning of an unequalled career. Conceived in 1947 by Ben Pon and three years later on the market is the Volkswagen Transporter one of the longest living and, with more than 8 million sold units, one of the commercially m...
23.11.2012 | 24457 views | 0 comments

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