Porsche AG may be able to avoid doling out huge sums as fine for exceeding U.S. fuel economy standards due to its merger with Volkwagen AG (VW) without really making any changes in its own line up.
Like BMW and Mercedes Benz, Porsche has had to routinely pay fines for not meeting standards under the Corporate [...]
After an illustrious 40 year career at Mercedes, 30 of which were as Mercedes’ official Design Chief, 65 year old Peter Pfeiffer will retire sometime this year.
Pfieffer started his career in1963 with Ford-Werke AG as a designer after graduating from the Sel Porcelain and Industrial Design State Technical College. He moved to Merced five years [...]
Ford has finally agreed to sell its famed Jaguar and Land Rover to Indian Automakers Tata Motors in a deal grossing $2.3 billion. The deal is supposed to be complete in June.
This deal was in its initial phase last August. It entails that Ford contribute $600 million towards Jaguar and Land Rover pension plans along [...]
The burst of the American economic bubble has been a calamity of sorts for the automobile industry and the latest inconvenience is caused to Italian based Fiat, that intends to restart the sale of Alfa Romeos in the US. Because of the rapidly worsening gulf between the Euro and the Dollar, it would be extremely [...]
Audi has stalled the import of the Q7 hybrid to the US markets, amid growing concerns for the plight of the US economy and the rapidly falling US dollar. The Audi hybrid concept was developed alongside Porsche and Volkswagen and the schedule was to bring out the Audi Q7 Hybrid in 2008. The launch was [...]