Industry

Audi Sales Break 1 Million From January to August

Audi Sales Break 1 Million From January to August

Expects the A3 sedan to perform well when it launches later this month

Audi has sold more than one million cars from January to August for the first time in its history. In the first eight months of the year, Audi has sold 1,030,450 cars, up 7.2% from the same period in the previous year. Its goal is to sell 1.5 mill...
09.09.2013 | 709 views | 0 comments
Mercedes Sales Hit Record Levels Thanks to Compact Sales

Mercedes Sales Hit Record Levels Thanks to Compact Sales

Mercedes compact models' sales are up over 80%

Mercedes-Benz had its best August sales ever with 108,417 cars sold worldwide, 18.7% growth. It has sold 919,644 cars from January to August, up 9.3%. Mercedes-Benz Cars, which combines Mercedes and Smart into a single unit, is also posting gr...
06.09.2013 | 591 views | 0 comments
Maserati Levante Will Be Built at Fiat's Mirafiori Factory

Maserati Levante Will Be Built at Fiat's Mirafiori Factory

Production will begin at the end of 2014 after a €1 billion upgrade to the factory

Fiat has announced that it will build the Maserati Levante SUV at its Mirafiori factory in Turin. The factory will require a €1 billion upgrade before production can begin at the end of 2014. However, the factory’s 5,300 laid off worker...
05.09.2013 | 5050 views | 0 comments
Peugeot and BMW Will Allow Engine Deal to Expire in 2016

Peugeot and BMW Will Allow Engine Deal to Expire in 2016

They are creating their own new engines instead

BMW and Peugeot began sharing co-developing engines in 2002, and they have been used in Mini, Peugeot, and Citroën models, but according to insiders speaking to the Les Echos newspaper, the two automakers will likely let the deal expire when ...
05.09.2013 | 8995 views | 0 comments
Nissan Cleared for Expansion of Sunderland Plant to Build Infiniti Models

Nissan Cleared for Expansion of Sunderland Plant to Build Infiniti Models

It will be the first time that Infinitis will be built in Europe

Nissan will begin the $388 million (£250 million) expansion of its Sunderland factory in the UK in a few weeks to begin building Infiniti cars for 2015. The Sunderland City Council granted approval for the expansion on September 4. It w...
05.09.2013 | 2751 views | 0 comments
Nissan Mexican Plant Will Likely Build GLA-Class and Q30 in Future

Nissan Mexican Plant Will Likely Build GLA-Class and Q30 in Future

The two cars already share a platform and some engines

According to two unnamed sources speaking to Reuters, Nissan and Daimler will collaborate to build the Infiniti Q30 and Mercedes-Benz GLA-Class at Nissan’s factory that is still being built in Aguascalientes, Mexico. The $2 billion factory i...
04.09.2013 | 1069 views | 0 comments
Renault COO Tavares Leaves with Eyes Towards Running Ford or GM

Renault COO Tavares Leaves with Eyes Towards Running Ford or GM

He is stepping down immediately

Renault Chief Operating Officer Carlos Tavares will step down from the company effective immediately, according to a statement released by Renault today.  The statement says that he left "in order to pursue other personal projects.&q...
29.08.2013 | 8312 views | 1 comments
GM and PSA Peugeot-Citroën May Merge in South America

GM and PSA Peugeot-Citroën May Merge in South America

Peugeot is trying to diversify out of Europe

Peugeot boss Maxime Picat told the Financial Times that PSA Peugeot-Citroën and GM are working on a partnership that would have the two auto companies merge together in South America.  Given the shrinking European market, PSA is doin...
28.08.2013 | 3987 views | 0 comments
Fiat Deal to Build Jeeps in China Nearly Complete

Fiat Deal to Build Jeeps in China Nearly Complete

Production will be at Guangzhou factory

Fiat is nearly complete with a deal with Guangzhou to build Jeeps at its joint venture factory in Changsa, China. An official agreement will be signed in the coming months, according to the National Business Daily newspaper in China. Guan...
23.08.2013 | 657 views | 0 comments
Fisker May Be Sold to German Investors for $25 Million

Fisker May Be Sold to German Investors for $25 Million

The deal has to be accepted by the US Department of Energy

Remember when people when mention Tesla and Fisker in the same breath? Fisker had a flash of brilliance with the Karma series hybrid, but it could not survive. It went out of business last year and was taken over by the US Department of Energy, to...
23.08.2013 | 881 views | 0 comments

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