BMW invests in unit to build ultra-lightweight cars
Munich - German carmaking company BMW and a partner said Thursday they will invest 90 million euros (133 million dollars) to make parts for ultra-lightweight cars out of carbon fibre, a material that is currently mainly used to make aircraft parts. L...
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2009-10-29 ] Category : [
Cars (General) ]
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Geely wants to help Volvo in high-flying Chinese car market
Beijing - The Chinese carmaker Geely said Thursday that it plans to help Volvo Cars expand in Geely's home market, the world's largest car market, once it takes over the Swedish subsidiary of Ford Motor Co. Volvo's current management, its factories, ...
[Posted on :
2009-10-29 ] Category : [
Cars (General) ]
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Mazda reduces its expected annual loss as it cuts costs
Tokyo - Mazda Motor Corp, Japan's fourth-largest carmaker and second-largest car exporter, Thursday scaled back the losses it expects to incur this fiscal year as it cut costs and tax liabilities. The predicted loss for the year ending March 31 was 1...
[Posted on :
2009-10-29 ] Category : [
Cars (General) ]
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Ford: Chinese group Geely 'preferred bidder' for Volvo Cars
Stockholm - Chinese group Geely is the preferred bidder for Volvo Cars the Swedish subsidiary of Ford, the US automotive giant said Wednesday. Ford's statement issued at its US headquarters in Dearborn, Michigan, confirmed speculation that Geely wa...
[Posted on :
2009-10-28 ] Category : [
Cars (General) ]
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More luxury for Golf estate
Wolfsburg, Germany - Volkswagen has given the Golf Estate more luxury in an exclusive version featuring several upgraded extras such as two-tone leather combinations and sports seats in the front. The leather combination can be ordered in Nappa a...
[Posted on :
2009-10-28 ] Category : [
Cars (General) ]
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Honda Skydeck - van for the future at Tokyo Show
Tokyo - Honda is unveiling at the Tokyo Motor Show a futuristic Skydeck minivan concept with a combination of sliding and scissors doors. Although the Japanese manufacturer has released sketchy details there are indications the vehicle might be power...
[Posted on :
2009-10-28 ] Category : [
Cars (General) ]
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VW planning clean-cut look for new Golf
Wolfsburg, Germany - Volkswagen is planning a leaner and more clean-cut look for the seventh generation of the Golf that is expected on the markets late in the year 2012 with the choice of hybrid and electric engines, Germany's Auto Bild reports in i...
[Posted on :
2009-10-28 ] Category : [
Cars (General) ]
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Luxury car segment takes a dive as financial crisis bites
Hamburg - The Aston Martin, Maserati, Lamborghini Gallardo or Bentley was once a natural accessory for the successful trader in London or New York but the financial crisis is taking its toll with a cloud of uncertainty hanging over some of the famous...
[Posted on :
2009-10-28 ] Category : [
Cars (General) ]
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Toyota launches four new models in South Korea
Seoul - Toyota Motor Korea has begun selling four flagship models in South Korea aimed at cracking a market dominated by native car makers Hyundai and Kia. The models are the Prius sedan, the Camry sedan and hybrid sedan, and the RAV4 sport utility v...
[Posted on :
2009-10-28 ] Category : [
Cars (General) ]
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