Industry
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We've all seen the trucks, loaded with brand-new, plastic-wrapped cars headed to showrooms, but have you ever wondered who actually moves those car around? Turns out for GM, it's largely Allied. But things aren't trucking along for the outfit, right now. Chrysler is also affected by Allied's stoppage. Over 1,700 Chevy Silverados and Camaros are currently being held "hostage" by the company, says GM, and it has filed suit to recoup the the cars--or their $47 million value. The cars, some already purchased and supposed to be delivered to their new owners, are being held up in a fight between...
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BMW Is No Longer Just An Automaker, It’s A Mobility ProviderA little over six months ago BMW started trials of a new car-sharing program in its hometown of Munich that allowed virtually anyone to rent one of its cars on an hourly basis, including high-performance models like the M3 and even the M6 range-topper. Dubbed ‘BMW On Demand’, the pilot...
Viknesh Vijayenthiran -
2012 Nissan GT-R Deliveries Safe Despite Japan EarthquakeIt looks as though Japan’s earthquake crisis won’t hamper deliveries of Nissan’s long-awaited 2012 model year GT-R supercar. As we all know the facelifted 2012 Nissan GT-R is substantially quicker and more powerful than the outgoing model, as well as being greener, and we...
Viknesh Vijayenthiran -
Porsche Confirms Cajun SUV Production At Leipzig PlantWe already know that Porsche is working on a fifth model series, a new compact SUV positioned below the Cayenne and its first to be designed under Volkswagen Group chief designer Walter de’ Silva’s watchful eye. Now we know where the model, which carries the working title of 'Cajun'...
Viknesh Vijayenthiran -
Porsche Engines For Alfa Romeo, If Volkswagen Gets Its WayThe heads of Volkswagen and Fiat are currently in a battle of words over the future of Alfa Romeo, with both sides publicly boasting they know what’s best for the struggling Italian brand. At the recent 2011 Geneva Motor Show Volkswagen chairman Ferdinand Piech proclaimed that he could...
Viknesh Vijayenthiran -
2012 Nissan GT-R Shipments Delayed By Japan EarthquakeWe reported just this month that customers in the U.S. were holding off on buying the Nissan GT-R in the lead up to the arrival of the facelifted 2012 model, which has been trickling into showrooms this past few weeks. It now appears the wait for the new GT-R will be slightly longer as the recent...
Viknesh Vijayenthiran -
One of the most recognized automotive designers in the world Chris Bangle no longer in fact works in the auto industry. That’s because Bangle decided back in 2009 to stop designing cars, leaving his post at BMW in order to open up his own design studio as well as go back to teaching the art. Now it appears Bangle has signed up with Samsung to design a new range of consumer electronic goods including laptops and mobile phones. He has reportedly been hired to oversee the design of several projects at Samsung, though he won’t be an exclusive designer for the South Korean firm but...
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Could Saab Be Bankrupt Within 5 Days? Antonov Thinks SoVladimiar Antonov, the Russian banker and businessman whose involvement in Spyker caused a delay in the sale of Saab from GM while investigations into rumored mafia ties were held, has said in an interview with Sweden's Dagens Industri that Saab could be bankrupt in as little as five days. Antonov...
Nelson Ireson -
Chevrolet Corvette Sales Looking Up For The First Time Since 2006Two-seat sports cars bought as weekend toys are often among the first things to go in an economic crunch, and as you know all too well, we've had a doozie over the last few years. The Chevrolet Corvette is no exception--since 2006, sales have been a fraction of their former tallies. But that looks...
Nelson Ireson -
Saleen No Longer Building Cars, Focusing On Parts And AccessoriesAftermarket tuner Saleen, a builder of some of the most insane modified Mustangs on the planet, will stop building cars at the end of the year and instead focus on its parts and accessories business. The information was revealed this week by Saleen’s parent company, Revstone, which is the...
Viknesh Vijayenthiran -
2010 Proves Most Successful Year In Audi’s HistoryIt’s safe to say that 2010 was a bumper year for Audi. With a total of 1,092,411 sales under its belt, Audi managed to draw in a record $49.2 billion in revenue which resulted in a profit after tax of $3.6 billion. The same year also saw Audi break its annual vehicle sales record in the U.S...
Viknesh Vijayenthiran -
Bristol Cars Bankrupt After 65 Year RunThe U.K.'s Bristol Cars may not be on the tip of every wagging social media tongue these days, especially here in the U.S., but it has produced some remarkable cars over the years. Unfortunately, unless it finds an angel to keep it going, it may be going under. Bristol has entered administration...
Nelson Ireson -
Before you get all excited about the thought of Infiniti fielding a team in the top echelon of motorsport, Formula 1, note that the Japanese luxury brand is only acting as a sponsor for an existing team, in this case championship holder Red Bull Racing. Infiniti has only announced a marketing agreement with Red Bull Racing, covering the 2011 and 2012 F1 seasons. You’ll recall that the Red Bull Racing cars are powered by Renault engines and Infiniti, of course, is part of the Renault-Nissan alliance, so the latest collaboration is only fitting. As part of the latest agreement, Infiniti...
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Your Next Volvo May Be Built In ChinaVolvo last week announced plans to build a new plant in Chengdu, China along with laying out its strategy for the Chinese market. As you may recall, Volvo is now owned by Chinese auto giant Geely and going into the future we’re almost certain to see the world’s most populace country...
Viknesh Vijayenthiran -
Spyker Signs MOU To Sell Sports Car Division To CPP Global HoldingsWith Saab in its fold for a little over a year, Spyker Cars as decided it's time to drop its own small-volume luxury brand, signing a memorandum of understanding (MOU) to sell it to CPP Coachbuilders in Coventry, England. Spyker will continue to hold Saab. The move is a bit of a surprise, but on...
Nelson Ireson -
Porsche CEO Mueller Plans A New Model Each Year Through 2018Purists bemoan Porsche's rapid expansion into non-traditional segments, while buyers eat the cars up with ravenous glee. It's a no-brainer for the people looking to make Porsche into the strongest, most profitable company they can, and CEO Matthias Mueller is at the head of the charge. His plan? To...
Nelson Ireson -
Jaguar Rates Tops In J.D. Power Customer Service StudyYou might not think Jaguar--at least not first--when you think about luxury car brands, let alone luxury brand service. But you should. The brand with the leaping cat has scored a place among the top 40 companies across 20 industries as the leader in automotive customer service. It's no surprise to...
Nelson Ireson -
Audi Latest To Form Carbon Fiber PartnershipThe common theme of late amongst the major luxury automakers is to form industry partnerships with experts in the field of advanced lightweight structures, with an aim to eventually build lighter cars that are still relatively safe in the quest for improved fuel economy. We’ve already seen...
Viknesh Vijayenthiran -
Ferrari's charismatic head, Luca di Montezemolo, may be considering a move into Italy's political scene. The quintessentially stylish, youthful-for-his-years Italian recently told press he'd like to be reborn as a politician. At a recent lunch, Montezemolo put forth what sounds an awful lot like a platform: calling for consensus and community over infighting; competitiveness with global industrial rivals; liberalization of markets; plans for economic growth. If he did decide to run for office, he'd have the backing of Italia Futura, a group of industrialists and entrepreneurs he leads. More...
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Mercedes-Benz Taking Over Smart Distribution In U.S.Penske Automotive Group has, until now, been the exclusive distributor of the Smart brand (consisting entirely of the Fortwo minicar and its new electric variant) in the U.S. But it won't be for much longer, as Mercedes-Benz is taking over operation of the brand's sales by the end of the second...
Nelson Ireson -
Ex-Jaguar Designer Appointed Rolls-Royce Exterior Design ChiefOne of the key men behind the design of the new XJ and stunning XK at Jaguar will soon be designing Rolls-Royces for a living. Giles Taylor, a former Jaguar designer, has now been hired by Rolls-Royce as its chief of exterior design. Taylor has an industrial design background, with his talents...
Viknesh Vijayenthiran -
Tomorrow's Tech: Roads That Clear Snow All By ThemselvesIf you live in the U.S., chances are pretty good that you've been affected by the winter storm currently swirling its way across the country. It's the latest in a string of snow and ice blasts that have caused travel delays, highway closures, traffic accidents, and, unfortunately, more than a few...
Richard Read -
Daimler Celebrates 125th Anniversary Of The AutomobileExactly 125 years ago to the day, Carl Benz first registered his “vehicle with gas-engine drive” under patent number 37435 with the Berlin Patent Office, forever changing the way human beings would travel and establishing one of the biggest industries the world knows today. Back in 1886...
Viknesh Vijayenthiran -
Reborn Chinese MG Considering U.S. Sales (Again)?The rebirth of the MG brand in Chinese hands has hit no shortage of stumbling blocks over the last four years, but as sales heat up in China, talk of U.S. sales are surfacing. It's not the first time such plans have arisen. Even before Shanghai Auto (SAIC) bought the brand along with Nanjing...
Nelson Ireson