Industry
Saab's Phoenix Platform Lives On In New Spyker/Youngman Deal
Dutch sports car manufacturer Spyker, the former parent of bankrupt automaker Saab, has signed a definitive agreement with Chinese automaker Youngman to form new joint ventures that will be responsible for the development of a new SUV as well as a range of sedans based on Saab’s Phoenix...
Aston Martin Put On Downgrade Watch By Investment Ratings Agency
Aston Martin, whose controlling shareholder Investment Dar is reportedly looking to offload its stake in the British sports car manufacturer, has been put on downgrade watch... December 3, 2012 by Viknesh Vijayenthiran
Fisker Production Halted, Pending The Sale Of A123 Systems' Assets
Last October, extended-range electric automaker Fisker’s sole battery supplier, A123 Systems, filed for bankruptcy. That’s left the struggling startup without a... November 29, 2012 by Kurt Ernst
Porsche Breaks Ground On New U.S. Headquarters, Includes Test Track
Porsche Cars North America has called Atlanta, Georgia, home since 1998, and it’s about to make that arrangement even more permanent. The German sports car manufacturer... November 28, 2012 by Kurt Ernst
Fisker Hires Former GM Exec Joel Ewanick As Interim Marketing Head
Fisker’s Karma electric sedan uses a GM engine as its range extender, and now the company has another link with the American auto giant. Fisker has hired former GM... November 27, 2012 by Viknesh Vijayenthiran
Lamborghini Working To Protect The Environment
When it comes to automakers that are perceived to be “green,” Lamborghini probably isn’t the first company to come to mind. After all, it’s product... November 26, 2012 by Kurt Ernst
Nissan GT-R Chief Engineer Hasn't Retired, Plans Meet With U.S. Owners
Kazutoshi Mizuno is often considered to be the father of Nissan’s range-topping sports car, the GT-R. Like all Nissan employees, it was assumed that Mizuno would retire... November 26, 2012 by Kurt Ernst
Infiniti Becomes Title Sponsor For Red Bull Racing F1 Team, Expands Distribution
When Red Bull Racing debuts its 2013 RB9 chassis, you’ll notice the Infiniti name is featured a bit more prominently than in years past. You’ll also see a new... November 26, 2012 by Kurt Ernst
Just Two Bidders Left For Aston Martin: Report
Earlier this month news broke that Kuwait’s Investment Dar was looking to offload its 64 percent stake in Aston Martin. It was reported that Investment Dar was looking... November 26, 2012 by Viknesh Vijayenthiran
Jennifer Lopez Helps Open World’s Biggest Audi Dealership In Dubai
The world’s biggest Audi dealership, a terminal in Audi speak, has opened in Dubai, helping elevate the brand’s presence in a region where luxury sales continue... November 22, 2012 by Viknesh Vijayenthiran
Daimler Gains Full Control Of Mercedes-AMG Formula One Team
Daimler now has 100 percent of the shares in the Mercedes-AMG Formula One Team, following the decision by Abu Dhabi-based investment fund Aabar to sell its 40 percent stake... November 20, 2012 by Viknesh Vijayenthiran
Jaguar Land Rover Deal With Chery Includes More Than Just A Production Site
China is currently the single biggest market for Jaguar Land Rover, so it should come as little surprise that the British firm already has an alliance deal with one of... November 20, 2012 by Viknesh Vijayenthiran
In Search Of New Customers, Lincoln Reinvents Itself
Lincoln, Ford Motor Company’s long-term luxury brand, knows one absolute truth: it can no longer sustain itself selling mildly badge-engineered Ford products to its... November 19, 2012 by Kurt Ernst
Fisker To Open New Midwest Tech Center For Atlantic
Fisker’s corporate home and design studio isn’t moving from Anaheim, California any time soon, and the automaker still plans to begin Atlantic sedan production at... November 15, 2012 by Kurt Ernst
Despite Cooling Sales In China, Lamborghini Optimistic For The Future
Last February, Lamborghini’s manager for the Asia Pacific region, Christian Mastro, predicted a cooling in the Chinese market at a time when other luxury brands were... November 15, 2012 by Kurt Ernst
Saab’s New Owner Looks At Electric 9-3 Convertible, Gas Models: Report
With NEVS’ acquisition of Saab and some of the bankrupt automaker’s remaining assets now complete, the consortium, made up of Chinese and Japanese interests, is... November 15, 2012 by Viknesh Vijayenthiran
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