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Toyota unveils new TNGA platform

Toyota unveils new TNGA platform

New architecture will help Toyota significantly reduce development costs

Toyota is revealing a new global platform which the brand expects will be used in 50% of its models by 2020. The new TNGA platform is expected to "greatly improve vehicle performance and product appeal" and also cut manufacturing costs a...
26.03.2015 | 2151 views | 0 comments
Aston Martin models won't get AMG badge

Aston Martin models won't get AMG badge

Partnership between the two companies will be low-profile

New details about the partnership between Mercedes-Benz and Aston Martin have been revealed by the German company's President and CEO Dieter Zetsche. The two companies have agreed that their involvment will be subtle and low key. One thing...
04.02.2014 | 6763 views | 0 comments
Fiat Officially Completes Purchase of Chrysler

Fiat Officially Completes Purchase of Chrysler

Chrysler is now a wholly owned subsidiary of Fiat

It took about five years, but after years of negotiations and at least one court case, Chrysler is officially a wholly owned subsidiary of Fiat. The purchase became official on January 21 when Chrysler paid $1.9 billion to the VEBA Trust and Fiat ...
22.01.2014 | 5968 views | 0 comments
Renault Sees Sales Rise 3.1% and Even Grows in Europe

Renault Sees Sales Rise 3.1% and Even Grows in Europe

Dacia Grew by 19.3% Worldwide Thanks to the Duster

European automakers have been facing hard times in the last few years, but it appears that the worst of the crisis is over. Renault is reporting its 2013 sales and says that globally its sales rose 3.1% to 2,628,208 cars and light commercial vehic...
21.01.2014 | 10228 views | 0 comments
PSA Supervisory Board Agree to Dongfeng and French Government Investment

PSA Supervisory Board Agree to Dongfeng and French Government Investment

The Peugeot family would lose its controlling stake in the company

The supervisory board of PSA Peugeot-Citroën has agreed to raise $4.1 billion (3 billion euros) by selling shares to Chinese automaker Dongfeng Motor and the French government. The move is meant to save the company from bankruptcy and strengt...
20.01.2014 | 10801 views | 0 comments
Opel/Vauxhall Sales Stay Stagnant But Market Share Rises

Opel/Vauxhall Sales Stay Stagnant But Market Share Rises

It is GM's second largest brand

Opel/Vauxhall shifted 1,063,979 cars in 2013, a 0.4% decrease in sales. However, market share grew to 5.61%, a 0.02% increase, but the first year-on-year increase in 14 years. It also became General Motors’ second largest brand and the third...
20.01.2014 | 5042 views | 0 comments
European Auto Industry Posts Double-Digit Growth in December

European Auto Industry Posts Double-Digit Growth in December

It is the fourth straight month of industry growth

The European Automobile Manufactures’ Association has released its monthly EU27 sales report and for the fourth straight month sales have increased. It is a good indicator that the worst of the recession may be over. There were 906,294 cars ...
16.01.2014 | 5938 views | 0 comments
GM Sold Nearly 10M cars in 2014 Thanks to Rapid Growth in China

GM Sold Nearly 10M cars in 2014 Thanks to Rapid Growth in China

Sales were up 4% worldwide and down only 0.4% in Europe

General Motors held its title as one of the world’s largest automakers with 9,714,652 cars sold worldwide in 2013, up 4% over 2012. It set a new sales record in China with sales up 11% to 3,160,374 cars. GM shifted 3,234,275 cars in Nort...
15.01.2014 | 1723 views | 0 comments
Jaguar Land Rover Sets New Sales Record in 2013

Jaguar Land Rover Sets New Sales Record in 2013

Its cars received 195 awards in 2013 alone

Jaguar Land Rover had its best year of sales ever with 425,006 cars sold in 2013, up 19%. It set new sales records in Russia, Brazil, Korea and Canada. Jaguar sold 76,668, up 42%, its best year since 2005. Land Rover sold 348,338 cars, up 15%. JLR...
15.01.2014 | 1405 views | 0 comments
Rolls-Royce Posts Record Sales for the Fourth Consecutive Year

Rolls-Royce Posts Record Sales for the Fourth Consecutive Year

It is considering adding an SUV to its lineup

Rolls-Royce sold 3,630 cars in 2013, the highest in its history, and its fourth consecutive year of record sales. It opened 15 new dealers worldwide in 2013 and now has 120 worldwide. “I stated at the beginning of last year that I wished...
10.01.2014 | 6217 views | 0 comments

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