Opel is going to express new confidence through its logo in July this year. Insignia, its bold new car will be making debut with the emblem that will add a feather in Opel’s cap for its advanced technology and design innovation. Alain Visser, Chief Marketing Officer GM, Europe describe Insignia as symbol of Opel’s growing [...]
Green car manufacturer Liberty Electric Cars, based in Oxford announced creation of 250 jobs yesterday. The company manufactures emission free luxury cars. A big order for the high performance electric cars is already in its bag. Liberty announced that it will convert large luxury cars and 4 x 4s (SUVs) into electric vehicles. The first [...]
PricewaterhouseCoopers (PwC) presented this year’s European Automotive Shareholder Value Award to the Volkswagen Group. Europe’s biggest automaker achieved the highest increase in shareholder value of all companies in the European automotive industry. The Volkswagen won same award in a global comparison recently in January. Its value has been consistent in both, a one-year and a [...]
Is alternative fuel the next leap? Will vehicles be powered by compressed air or organic waste? Can automakers find an alternative for rising gas prices? The answer lies in the recent surge in R&D for hybrid and electric cars and trucks. With soaring gas prices, record-high crude oil and global warming automakers have to delve [...]
PSA Peugeot Citroen and Mitsubishi Motors are entering into partnership to develop a green field plant in Russia. The plant will be commissioned in 2011 for production of cars and sport utility vehicles. Russia is turning into a big prospective market for the global car makers. The tilt towards Russia is caused by the dampening [...]