VW unveils 25.8-billion-euro investment plan
Berlin - Europe's biggest carmaker Volkswagen AG on Friday unveiled a 25.8-billion-euro (38.2-billion-dollar) investment plan in the coming three years. The move came as the group also said it was acquiring the insolvent German auto parts group Karma...
[Posted on :
2009-11-20 ] Category : [
Cars (General) ]
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Seat reduces working hours of more than 7,000 employees
Barcelona - The Volkswagen subsidiary Seat will reduce the working hours of about two-thirds of its 11,000 Spanish employees to make up for declining demand, the company announced Thursday. The employees will rotate in working less hours until Seat b...
[Posted on :
2009-11-19 ] Category : [
Cars (General) ]
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Audi A5 awarded top German prize for design
Ingolstadt, Germany - The Audi A5 Sportback has been awarded the top German prize for design. The German Design Council said it would present the Design Award of the Federal Republic of Germany at the opening ceremony of the International Ambiente Fa...
[Posted on :
2009-11-18 ] Category : [
Cars (General) ]
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Superlight Mazda MX-5 Roadster
Tokyo - First revealed as a concept at the Frankfurt Motor Show this year the 2012 model of the Mazda MX-5 is likely to be a superlight car with the driver virtually sitting on the rear axle and streamlined roll bars to the rear. Much of the weight o...
[Posted on :
2009-11-18 ] Category : [
Cars (General) ]
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Daihatsu Terios with LPG drive
Hamburg - The Japanese manufacturer Daihatsu is offering for its European markets a light technology package for the Daihatsu Terios SUV fitted with liquid petroleum gas (LPG) drive that cuts fuel costs by half. The 2010 model of the Terios with LP...
[Posted on :
2009-11-18 ] Category : [
Cars (General) ]
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Think city car on show in Helsinki
Helsinki - The Norwegian electric car maker Think has presented at the Finnish Electric Motor Show in Helsinki this month a ready-to-market version of its zero-emission Think City car with serial production planned soon at a factory in Finland. Th...
[Posted on :
2009-11-18 ] Category : [
Cars (General) ]
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Porsche Boxster Spyder takes its cues from James Dean car
Los Angeles - The new Porsche Boxster Spyder, which celebrates its world debut at the Los Angeles Auto Show in December, takes its design cues from the legendary Porsche 550 in which actor James Dean died. Two humps stretching over the rear create th...
[Posted on :
2009-11-18 ] Category : [
Cars (General) ]
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Feeling sleepy behind the wheel is dangerous
Munich - Falling asleep behind the wheel for even a split second is one of the most common causes of serious accidents, according to Germany's motoring association ADAC, warning motorists to take precautions when they feel the first signs of tirednes...
[Posted on :
2009-11-18 ] Category : [
Cars (General) ]
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Taiwan's Yulon to launch low-priced car
Taipei - Taiwan's Yulon Motor Co plans to launch a moderately priced car under its new Tobe brand to tap the low-end market, company officials said. The four-door, 1,342-cc engine Tobe M car will officially hit the local sale outlets in January 2010,...
[Posted on :
2009-11-17 ] Category : [
Cars (General) ]
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GM surprises with 1.2-billion-dollar Q3 loss - Summary
New York - US automotive giant General Motors on Monday reported a 1.2-billion-dollar loss in the third quarter of 2009, beating analysts' expectations and giving the company a solid foundation for its restructuring effort. In its first financial r...
[Posted on :
2009-11-16 ] Category : [
Cars (General) ]
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