Industry

Volkswagen Group Deliveries Reach Over 6 Million Through August

Volkswagen Group Deliveries Reach Over 6 Million Through August

It is the first time ever that it has achieved that milestone

Volkswagen Group sold over 6 million cars in the first eight months of the year for the first time ever. Deliveries were 6.17 million cars for the period from January to August, up 4.5% since the same period last time. For August, Volkswagen Group...
17.09.2013 | 581 views | 0 comments
Mitsubishi Plans to Offer $2 Billion in Shares to Bail Out Company

Mitsubishi Plans to Offer $2 Billion in Shares to Bail Out Company

The company believes that net income will be up for the year

Mitsubishi Motors is hoping to raise $2 billion by offering new shares of the company on the Japanese stock exchange in the first quarter of 2014. Mitsubishi is hoping to reorganize the company after Mitsubishi Financial, Mitsubishi Heavy Indu...
16.09.2013 | 589 views | 0 comments
German Fisker Investor Submits Signed Offer to US Dept. of Energy

German Fisker Investor Submits Signed Offer to US Dept. of Energy

It is still awaiting a reply

The group of German investors that are attempting to buy Fisker from the US Department of Energy have submitted a bid and is waiting to hear back on the results. "I am proud to tell you that we just sent our detailed offer including a sig...
16.09.2013 | 13436 views | 0 comments
Chrysler Planning to File Initial Public Offering This Week

Chrysler Planning to File Initial Public Offering This Week

It may increase the company's cost for Fiat to buy it.

Chrysler says that it plans to file an initial public stock offering this week in the United States. The IPO may raise the company’s price and make it more expensive for Fiat to buy the remaining stock in the company. Over 90% of Chrysle...
16.09.2013 | 4602 views | 0 comments
Porsche Aiming for Chinese Growth and More Hybrids, Including 911

Porsche Aiming for Chinese Growth and More Hybrids, Including 911

Hybrid 911 is a generation away

Porsche has been growing gradually since the introduction of the Cayenne several years ago, but it seems that the purchase by Volkswagen has sped up growth even further, especially in Chinese sales. In addition to working on a new four-cylinder bo...
13.09.2013 | 597 views | 0 comments
Mazda Developing Two New Crossovers for Sale by 2016

Mazda Developing Two New Crossovers for Sale by 2016

The design will be a new interpretation of the Kodo design language

Mazda has been quite successful with is CX-5 crossover, and it is planning to expand, according to company president Takashi Yamanouchi, with two new crossovers by 2016. One will be a full-size SUV and the other will be a more compact crossover. ...
12.09.2013 | 2092 views | 0 comments
Renault and Daimler Planning to Take Collaboration Global

Renault and Daimler Planning to Take Collaboration Global

They may co-develop another platform together

Renault-Nissan and Daimler have been collaborating since 2010, but an announcement at the Frankfurt Motor Show from Renault-Nissan CEO Carlos Ghosn indicates that it is advancing in a major, global way. “While our initial collaboration f...
12.09.2013 | 3452 views | 0 comments
BMW Sets Global Sales Record for August

BMW Sets Global Sales Record for August

Worlwide sales for the first eight months are also at record levels

BMW Group is on track to have its best sales year ever and set sales records in August and in the first eight months of the year. It sold 139,648 cars in August, a 14.8% increase over August 2012, and has sold 1,246,528 cars from January through A...
12.09.2013 | 499 views | 0 comments
Jaguar Land Rover Posts Best August Sales Ever

Jaguar Land Rover Posts Best August Sales Ever

Sales for the year through August up 16%

Jaguar Land Rover had record sales in August of 27,852 cars, up 28% from the previous August. Jaguar sales were 5,405 cars for August, up 92%, and Land Rover sales were 22,447 cars in August, up 18%. Regionally for August, sales in Asia were u...
11.09.2013 | 2455 views | 0 comments
Volkswagen Sales Fall 1% Worldwide in August

Volkswagen Sales Fall 1% Worldwide in August

Sales for the year are up 3.1%

Volkswagen Cars sales fell 1.0% in August to 466,300 cars, but from January to August sales are up 3.1% to 3.84 million cars. “The Volkswagen Passenger Cars brand is not immune to the effects of the ongoing very challenging situation on ...
11.09.2013 | 581 views | 0 comments

Contribute

publish your news and scoops
Contribute
IndustryTop 10ReviewsCar CultureGeneva Motor ShowElectric CarsHybrid CarsFormula 1
close