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Toyota Europe CEO Says the Focus is on European Production

Toyota Europe CEO Says the Focus is on European Production

Hybrids have been a big success in Western Europe

Toyota Europe CEO Didier Leroy has given an interview to Automotive News Europe where he discussed the future of the company in Europe and laid out its future plans.  Leroy became Toyota Europe CEO in 2010, and in 2012 he brought the comp...
04.04.2013 | 419 views | 0 comments
Jaguar Land Rover Investing $4.2 Billion in New Produts

Jaguar Land Rover Investing $4.2 Billion in New Produts

Investment will continue for next four years

Jaguar Land Rover has announced that it will invest £2.75 billion ($4.2 billion or €3.25 billion) for each of the next four years into new products and production capacity. The investment will likely require a large loan, as the ye...
04.04.2013 | 878 views | 0 comments
Sauber Standing Behind Esteban Gutierrez

Sauber Standing Behind Esteban Gutierrez

Team believes he will improve during the season

Esteban Gutierrez has struggled slightly at the beginning of his first season in Formula 1, but the Sauber team expect that he will improve during the season. Gutierrez came to the team thanks to money from the Mexican program that also ...
04.04.2013 | 10138 views | 0 comments
More Voices Within Kia Asking for Rear-Wheel Drive Coupe

More Voices Within Kia Asking for Rear-Wheel Drive Coupe

Car has not been green lit yet

More voices within Kia are asking for the Korean automaker to produce a rear-wheel drive coupe. Kia President and design chief has said that he wants the rear-wheel drive GT concept to go into production. The head of Kia's California desig...
04.04.2013 | 490 views | 0 comments
German Automakers and Toyota Being Investigated for Price Fixing in Korea

German Automakers and Toyota Being Investigated for Price Fixing in Korea

Foreign cars have grown to 10% of Korean market

Toyota, BMW, Mercedes, Audi and Volkswagen, the top foreign automakers in Korea, are under investigation by the South Korea's Fair Trade Commission for alleged price fixing and collusion. The automakers are accused by the Fair Trade C...
04.04.2013 | 5523 views | 0 comments
Audi Quattro Wins Vote for Most Popular Audi

Audi Quattro Wins Vote for Most Popular Audi

Eleven most popular cars will be on display at Audi Museum

Audi let its new museum exhibit be decided by fans of the brand and among 15,000 votes Audi enthusiasts judged the original Quattro as their favorite car. The exhibit runs from April 4 to May 24.  Specifically, voters chose the refreshed ...
04.04.2013 | 1207 views | 0 comments
Smart Launches Cheaper Smart Edition 21 in the UK

Smart Launches Cheaper Smart Edition 21 in the UK

Payments start at £79 a month

Smart has launched an even cheaper way for buyers to get into a Fortwo. Buyers can buy the new Edition 21 for £79 a month for 36 months after a £1,999 down payment. The Edition 21 is based on the 71hp pulse coupe or cabrio Fortwo. ...
04.04.2013 | 1348 views | 0 comments
Detroit Electric Brings Lotus Engineering to Electric Cars

Detroit Electric Brings Lotus Engineering to Electric Cars

Takes chassis from Elise

When two former Lotus Engineering employees decide to launch their own electric car company, it should come as no surprise that the new car would have some Lotus components. That is exactly what has happened with the introduction of the Detroit El...
04.04.2013 | 5069 views | 0 comments
Tesla in Planning Stages for Second Generation Roadster

Tesla in Planning Stages for Second Generation Roadster

Will not be on market before 2016 at earliest

Tesla has admitted that it is in the early planning stages for a next generation Roadster. It already delayed the Model X crossover until late 2014, and it has been planning its smaller, cheaper car since before the Model S went on sale. The secon...
03.04.2013 | 2081 views | 0 comments
Hennessey Venom GT Hits 265.7mph to Take Veyron's Speed Crown

Hennessey Venom GT Hits 265.7mph to Take Veyron's Speed Crown

It produced a video confirming the speed

Boutique sports car maker and tuner Hennessey Performance has been promising that its Venom GT super car would be the fastest road car ever since it announced it last year. Hennessey has released a video showing the Venom GT hitting a GPS-verified...
03.04.2013 | 4737 views | 0 comments
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