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 [...]
The Head of Human Resources for Ford Group, Joe Laymon, has decided to up and leave in favour of the post of vice president of human relations and medical services for California-based Chevron Corp. Joe Laymon has been a fixture at Ford for the last eight years and was also regarded as a close advisor [...]
Encouraged by the success of its first small car venture in India, GM is keen to come out with a similar small car in India within the next two years. The first of the GM small cars in India was the Chevrolet Spark, although the second one may not be under the Chevrolet banner.
India’s car [...]
Hyundai is all set to launch a separate luxury brand in 2010 with a brand new name and logo. This will be taking a leaf out of the same concept started by car manufacturers Toyota, Nissan and Honda that have launched luxury counterparts called Lexus, Infiniti and Acura respectively.
Chief Representative of Hyundai Motor, China for [...]
In a rather radical move, by Toyota standards, the production of Toyota’s Tundra pickup and Sequoia SUV is to be slashed down in North America, to accommodate the reduced sales.
The production reduction is to be made at Toyota’s plants in Indiana and Texas and will commence in late spring. The spokesman for Toyota’s North American [...]
Porsche has been keen to create a new SUV that will be modeled along the lines of Audi’s Q5 SUV, which is set to premiere at the Beijing Motor Show next month.
Porsche had been looking forward to this new vehicle for a long time and this new SUV would be in the same league as [...]