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Mercedes-Benz has rejected a proposal from BMW that the two luxury carmakers should work more closely in the future, as revealed by DaimlerChrysler’s head of marketing for Mercedes, Klaus Maier. Last month, BMW director Michael Ganal told reporters that BMW execs were hoping for a tie-up with...

Hot off the launch of the refreshed Jaguar XJ comes the near-identical Daimler version. Not to be confused with Germany’s Daimler-Benz, the Daimler Motor Company is a British car brand that’s currently under the ownership of Ford’s Premier Auto Group. Its latest model, the Super...

Toyota is planning to launch a second dedicated hybrid brand in 2009 that will be sold alongside the current Prius and is expected to sell up to 100,000 cars per year. The information comes from Japanese newspaper The Nikkei, which also confirmed that Toyota is hoping that by 2010 its hybrid sales...

In a move that’s sure to upset shareholders, Saab has reduced its annual sales targets and is aiming at just breaking even this year. The news comes from parent company General Motors’ European boss Carl-Peter Forster, who spoke with reporters from Automotive News. "There is a natural...

Ferrari has commenced legal action against its veteran technician Nigel Stepney, a spokesman for the Maranello based team confirmed on Friday. The details have not been divulged, but team principal Jean Todt admitted to La Gazzetta dello Sport that the action relates to alleged "illegal" behavior...

Alfa has applied its classic Turismo Internazionale option to its svelte 159 saloon and Sportwagon, with both cars set to feature the famous TI initials. The cars will include a unique body kit, lowered sports suspension, 19-inch alloy wheels, red Brembo brake calipers, and chrome effect on the...

For Ferrari’s 60th Anniversary celebration at its headquarters in Maranello this week, the supercar company has unveiled its future strategy for improving its image in the eyes of environmentalists. Apart from the official formalities and the release of the 60th anniversary edition of the 612...

Michael Schumacher will compete once again in this year’s Race of Champions (ROC) at Wembley Stadium on the 16th of December. The unique event will see the stadium transformed into a custom-built tarmac race track where drivers from several different categories compete in a series of...

AB Volvo is the second largest truck manufacturer in the world and is the former of owner of Volvo cars before selling it to Ford back in 1999. According to Swedish newspaper Dagens Industri, the truck company may join Renault in a potential buy-out of Volvo from Ford’s Premier Auto Group...

Kimi Raikkonen could depart Ferrari as soon as the end of this season, according to reports. Germany's Auto-Bild-Motorsport said the beleaguered Maranello based team has already commenced its search for the Finn's successor, after failing to live up to his reputation and newfound status as the...

Last week we published a report, which revealed that BMW execs weren’t very concerned about Audi as a potential threat in the luxury market because it doesn’t build any RWD models and it has to discount its cars to lift sales numbers. It hasn’t taken long for Audi to strike back...

Opel’s aging Vectra sedan is well overdue for a major overhaul, but a replacement vehicle isn’t due until the second half of next year. Several prototypes, such as this one, have been spotted by spy photographers that reveal the new Vectra will have a wider and taller body than the...

Porsche specialist 9ff has dropped its potent 4.0L biturbo flat-six into the Porsche 911 Turbo Cabrio, and in doing so has created the world’s fastest convertible. Developing 780hp in the Cabrio, the modded 911 drop-top can reach a top speed of 381km/h. Reserved for the coupe is a more...

If we had to pick one mass-market car company making cars that exceed their price in quality, style, and refinement that company would have to be Mazda. The recently announced Mazda 2 is their latest model and continues on the zoom-zoom theme. More importantly, Mazda has made this new model 100kg...

Porsche was first to the market with an SUV model based on the vehicle architecture developed jointly between Volkswagen, Audi and itself. The original Cayenne was released back in 2002, one year ahead of the VW Touareg and four years ahead of the Audi Q7. The sports car brand is now reported to...

Development work for the second generation Volkswagen Phaeton is already well underway with the new model expected to share the same platform as the next Audi A8, due one year prior to the release of the VW flagship. The new Phaeton should hit the market in 2010 and will once again be produced at...

Jaguar is set to expand its XK range with the introduction of a new entry-level model powered by the same 3.5L V8 engine currently used in the XJ saloon. The new model will be launched around October or November, reports AutoWeek Netherlands, but there’s no word on pricing. Early estimates...

The Jaguar and Land Rover brands may be next in line to be acquired by American private equity firm Cerberus, which recently bought the struggling Chrysler Group from its German parent. According to a report from German newspaper Frankfurter Allgemeine Sonntagszeitung, Cerberus is interested in...

It used to be that the US was home to most of the European exotics but today more and more ultra-exclusive supercars are ending up in the deserts of the Middle East, namely the United Arab Emirates and Saudi Arabia. Demand for European sports cars is surging in the region, with some dealers...

Ford is hoping to expand its hybrid range beyond that of its current Escape Hybrid and Mercury Mariner models but is being held back by engineering problems surrounding the development of rechargeable electric cars. The head of its hybrid and sustainable vehicle programs, Nancy Gioia, has revealed...