Industry

With new corporate overlords installed at Volvo following Geely's purchase of the company, CEO Stefan Jacoby, himself recently arrived at Volvo from Volkswagen, is marching to the beat of a different drum. That beat doesn't include talk of premium branding. Instead, the new corporate mission is to...

Hot on the heels of news that Maserati will be launching a new SUV based on the Jeep Grand Cherokee in 2013 comes confirmation that Alfa Romeo will also get its own Jeep-based SUV, a key model in the Italian brand’s return to the U.S. market. The confirmation comes from the highest source...

Exactly one year ago we reported about a plan by former Fiat exec Gian Mario Rossignolo to revive legendary Italian marque De Tomaso for three brand new sports cars. Today we have news that Rossignolo’s newly established De Tomaso is looking to purchase an unprofitable production facility...

Last week we first heard that AMG and Italian motorbike manufacturer Ducati were forming a partnership, initially surrounding the cooperation over common marketing activities, but with any such deal there is always the potential for the relationship to develop further. While such a possibility may...

While some automakers are still reeling from the affects of the recent global financial crisis, and others resorting to drastic measures to raise needed capital, the juggernaut that is the Volkswagen Group seems to only be going from strength to strength. The company has announced today that it...

With Porsche now under the fold over the ever-expanding Volkswagen empire, we’re likely to see even greater cross-sharing of design and technology amongst the group’s brands. Porsche already shares a platform with Volkswagen and Audi for its Cayenne SUV but in the future we could see...

AMG and Italian motorbike manufacturer Ducati have announced that they will work closely together going into the future. The initial aim of the cooperation between the two performance firms is to develop common marketing activities but further down the track we could see the relationship develop...

According to Fiat CEO Sergio Marchionne, Fiat may sell off part of its Ferrari stake before its merger of Chrysler into the group. The move may seem counterintuitive, divesting part of one of the world's most iconic brands for the sake of one of the world's most troubled, but Marchionne explains...

In late 2008 London Mayor Boris Johnson and Transport for London (TfL) picked two new designs for a modern-day Routemaster double-decker bus for the UK capital’s public transport service. More than 700 design submissions were evaluated and at the end of the day two designs, one by Aston...

Volkswagen is intent on becoming the world’s biggest automaker, and of late, it's been looking more and more like a realistic goal. In the past year alone we’ve seen Volkswagen successfully acquire--or at least lay the groundwork to--Porsche, Italdesign-Giugiaro and a sizeable chunk of...

There’s still much debate as to what the primary cause of accidents are. With the proliferation of speed cameras located all across the country you’d think that speeding certainly was but there are other dangerous driving acts that are just as bad, if not worse. Governments are finally...

General Motors will begin public sale of 365 million shares of common stock at $26 to $29 per share as it commences its post-bankruptcy and reformation initial public offering (IPO). In addition to the common stock, GM also plans to issue 60 million shares of Series B preferred stock at $50 per...

Diesel models may account for half of all vehicle sales in Europe but here in the U.S. their numbers still hover around the 3 percent mark. Despite their low popularity in the eyes of local buyers, analysts are predicting sales of the efficient vehicles to more than triple in coming years but...

Developing and building cars costs money. Lots of it. The Spyker Group, new owners of Saab, are facing a $39.9 million shortfall this year due in part to the acquisition of the Swedish marque, and a new reports says production forecasts for the company have been cut accordingly. Building some Saabs...

Small cars and Cadillac haven't, historically, gone hand in hand. But they will in the near future, as General Motors Company [NYSE:GM] is already stepping up work on the Lansing plant where the Cadillac ATS compact sedan will be built. The work entails $190 million worth of upgrades and additions...

Until now, BMW’s hybrid technology has only been applied in its upper range models like the 5- and 7-Series ActiveHybrid sedans and the X6 crossover, the latter of which is billed as the world’s most powerful hybrid vehicle. However, the automaker’s future generation of hybrids...

The growing push towards smaller and more fuel efficient vehicles is leading the charge for changing consumer perceptions of what defines a luxury car--with size no longer the differentiator but rather technology, quality and design. Nowhere is this more the case than in Europe where even the...

It's no secret that Volkswagen has been loping around the edge of the Fiat herd, anxious to cut Alfa Romeo from the group for itself. But beyond the corporate angle, it seems Walter de'Silva, the man behind the gorgeous Audi A5/S5 among many others, is chomping at the bit to put the lines on a new...

As overall car sales--and most of the rest of the economy--remain cool, the luxury market continues to heat up, with several manufacturers posting record sales in recent months. Mercedes-Benz in particular is on a roll, thanks in part to the misfortunes of Lexus and parent company Toyota. As of...

BMW and Saab have announced today an agreement for the supply of BMW engines to be used by Saab for its future models. Under the agreement, which covers purchasing, supply and development of new engines, BMW will supply to Saab a four-cylinder 1.6-liter turbocharged gasoline engine from 2012...