Industry
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The Beijing Sanlitun AMG Performance Center is unlike any other Mercedes-Benz dealership in the world; you can’t buy a Mercedes-Benz E Class or C Class model there, but you can buy anything in the current AMG high-performance portfolio. The idea of an AMG Performance Center is nothing new, and some 195 AMG dealerships have been opened in the last four years. All of these, however, have been “stores within stores,” integrated with a full-line Mercedes-Benz dealership. The Beijing Sanlitun AMG Performance Center will be the brand’s first stand-alone store, carrying only...
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Mercedes And AMG Cut Ties With DucatiEver since Mercedes-Benz’s performance offshoot AMG announced its co-branding deal with Ducati in November of 2010, there’s been talk that the alliance was simply a precursor to the eventual takeover of the Italian motorbike manufacturer by Mercedes’ parent company Daimler. Any...
Viknesh Vijayenthiran -
Infiniti Starting Production In China In 2014After announcing late last year that it was moving its global headquarters to China, Infiniti has now confirmed that it will also start production in the world’s most populous nation commencing in 2014. Infiniti states it will build two models in China though is yet to reveal which models...
Viknesh Vijayenthiran -
Audi Confirms Mexico As Site For North American PlantAfter years of speculation Audi has finally come out and announced it will build a new plant in North America, confirming today Mexico as its desired location for the plant. While Audi is yet to pick an exact site, the automaker states that the decision will be finalized by the end of the year...
Viknesh Vijayenthiran -
It's Official: Audi Really Is Buying DucatiIt’s been the worst-kept secret in the automotive industry, but now it’s official: luxury automaker Audi is buying Italian motorcycle manufacturer Ducati. While details of the sale haven’t officially been disclosed, Reuters is reporting that Audi paid some 860 million euros ($1.13...
Kurt Ernst -
Jaguar Land Rover IPO Could Create Stock WindfallWhen Ford sold off Jaguar and Land Rover to India’s Tata Motors for $2.5 billion in 2008, investors assumed the worst and dumped stock as quickly as they could. The joke, it appears, may be on those who sold off shares, as the current value of Jaguar Land Rover (JLR) is estimated at $14...
Kurt Ernst -
Fisker has reportedly laid off 12 more staff at its plant in Delaware that was being prepared for production of the Atlantic range-extended electric sedan unveiled as a prototype at the 2012 New York Auto Show earlier this month. This is the second time that Fisker has laid off workers at the plant; the first time was in February after the Department of Energy blocked access to federal loans due to what it claimed was several contractual milestones that Fisker failed to meet. One of these was a delay in the launch of Fisker’s first model, the Karma range-extended electric sedan. One of...
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Cadillac Commits To Coupes And Wagons, But May Shuffle Product LinesWalk into a Cadillac dealer today, and the CTS range is the closest you’ll find to a Euro-brand rival. Available in coupe, sedan and wagon variants, ranging from ample to extreme in performance, the CTS lineup is Cadillac’s current Jack-of-all-trades. That changes later this year with...
Kurt Ernst -
Next-Gen RS6, 2013 Dodge Dart Pricing, Evos-Inspired Mustang: Car News HeadlinesThe first prototype for the next-generation Audi RS6 has hit the Nürburgring, but is the car coming to the U.S.? Only time will tell. Dodge has released the all important pricing details for its 2013 Dart and we’re very excited, perhaps because the car was also picked as having one of...
Viknesh Vijayenthiran -
Porsche Is Latest Automaker To Exit IranPorsche is the latest international automaker to exit Iran, following the likes of Hyundai and Toyota which have also recently pulled out of the country. Iran has the world’s 13th largest auto industry so exiting the market is no small deal for any automaker, even for niche brands like...
Viknesh Vijayenthiran -
Holden To Design Cars For China Based On Global GM PlatformsFurther strengthening Holden’s position in the GM empire as a center for design and engineering excellence, the Australian outfit has been picked to develop two new cars to be sold in the Chinese market by GM and its partners. Holden signed an agreement today with Shanghai General Motors...
Viknesh Vijayenthiran -
Maserati To Build Alfa Romeo 4C Sports Car At Modena PlantMaserati has confirmed it will build the production version of 2011’s stunning Alfa Romeo 4C sports car concept at its main plant in Modena, Italy, the same site where it builds its flagship GranTurismo coupe and convertible models. Maserati expects to start production of the 4C sports car in...
Viknesh Vijayenthiran -
Just five years ago, in 2007, Cadillac had no sales in China. Last year, the brand sold some 30,000 vehicles in the Chinese market, despite punishing tariffs that the government places on imported cars. That unit sales number represents a growth of over 70-percent from 2010, and GM’s global marketing officer, Joel Ewanick, only sees Chinese demand for Cadillac products increasing. The obvious solution to boost sales, then, is to begin building Cadillacs for the Chinese market in China, which circumvents the issue of tariffs. The Detroit News reports that Cadillac will begin Chinese...
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Lotus Goes On The Defense With Bizarre Facebook RantFollowing recent reports that Lotus was ending sponsorship of the Lotus F1 team and, of more concern, could possibly be put into administration by its new parent, Malaysian conglomerate DRB-Hicom, Lotus has gone on the defense with an extensive Facebook rant addressing many of the various...
Viknesh Vijayenthiran -
Swedish Automobile Changes Its Name To SpykerIn what is arguably the shortest corporate press release ever written, Swedish Automobile has announced it will change its name back to Spyker, pending approval from its shareholders, effective April 18. It’s unclear what, if anything, the move has to do with former subsidiary Saab’s...
Kurt Ernst -
Porsche Engineering To Take Over Nardò Test TrackThe Nardò, Italy proving ground has a long and storied history of high-speed vehicle testing, and its biggest claim to fame is that the 7.8 mile long Nardo Ring oval track can be driven without steering input at speeds up to 149 mph. The Nardò proving ground also contains a 3.9 mile...
Kurt Ernst -
Lotus In Trouble, May Be Sold To China’s Youngman: ReportFollowing yesterday’s news that Group Lotus was ending its sponsorship of the Lotus F1 team while leaving the team’s name unchanged, a new report suggests that the automaker’s troubles run far deeper and that its ambitious five-year sports car program could be on the skids...
Viknesh Vijayenthiran -
Infiniti To Move Production Out Of JapanInfiniti and its parent Nissan are having a hard time making money these days. The Japanese yen is up in value, while the U.S. dollar remains weak; to put it in more tangible terms, the cost to build cars in Japan and sell them in the U.S. has risen, and pricing hasn’t kept pace. That gives...
Kurt Ernst -
U.S. Customs and Border Protection officers in Southern California have seized a number of high-end cars that were being smuggled out of the country to parts of Asia. Among the lineup of seized cars were a Lamborghini Aventador LP 700-4 and Ferrari 458 Italia. Other vehicles included various luxury SUVs from Audi, BMW and Mercedes-Benz, as well as a Toyota Tundra pickup. In total, the collection is estimated to be valued at around $1.5 million. According to the Associated Press, the vehicles were bought from dealerships in the Los Angeles area by the smugglers, who used fake identities. Some...
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Fiat Heir Lapo Elkann Considers Bid For DucatiItalian motorcycle maker Ducati is rumored to be up for grabs, with numerous automakers cited as interested bidders. Daimler was one of the first names dropped, since Ducati already has a co-marketing arrangement with the Mercedes-Benz tuning arm, AMG. As quickly as that particular rumor surfaced...
Kurt Ernst -
To Better Serve Luxury Customers, Lincoln Asks The Concierge For AdviceLincoln knows that simply building luxury automobiles like the new MKZ isn’t enough to attract and retain customers. To successfully compete in today’s luxury automobile segment requires exemplary customer service, so the automaker is seeking help from a group that specializes in...
Kurt Ernst -
Steve Saleen Reacquires The Business Rights To His NameSteve Saleen founded Saleen Autosport back in 1983, and over the years saw his company grow from tuning Mustangs to building the Saleen S7 supercar. As is often the case in business, sometimes growth isn’t a good thing, and in 2007 Steve Saleen resigned from the company bearing his name. The...
Kurt Ernst -
Daimler Launching Denza Brand And New Electric Car In ChinaDaimler, together with one of its Chinese partners, BYD, has established the new vehicle brand Denza that will focus on eco-friendly vehicles including electric cars and plug-in hybrids. The Denza brand is a 50:50 joint venture between Daimler and BYD and is expected to unveil a concept of its...
Viknesh Vijayenthiran -
Daimler Denies Interest In Ducati TakeoverEver since Mercedes-Benz’s performance offshoot AMG announced its co-branding deal with Ducati in November of 2011, there has been talk that the alliance was simply a precursor to the eventual takeover of the Italian motorbike manufacturer by Mercedes’ parent company Daimler. Rumors of...
Viknesh Vijayenthiran