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Volvo Cutting 1,000 Temporary Contract Workers in Sweden

Volvo Cutting 1,000 Temporary Contract Workers in Sweden

It says the cuts are necessary to break even

Volvo has announced that it will let go of 1,000 temporary contract workers and white collar employees in Sweden to save $237 million (€313 million). The announcement comes after sales fell by 2.1% in January globally and fell 14.7% in the EU...
21.02.2013 | 440 views | 0 comments
Mercedes CLA45 AMG Revealed in Driveclub for PlayStation 4

Mercedes CLA45 AMG Revealed in Driveclub for PlayStation 4

Car will premiere in real life at Geneva

Last night in Manhattan, Sony held a press conference that was over an hour long to reveal the first games and footage for the upcoming PlayStation 4. Among the games shown that will be available around the launch of the new console was a racing g...
21.02.2013 | 3563 views | 0 comments
Estonia is First Country with National Electric Car Charging Network

Estonia is First Country with National Electric Car Charging Network

It has installed 165 chargers nationwide

Estonia is the first country in the world to have a national electric car charging network. The country financed the installation 165 fast charging stations by selling 10 million CO2 emission permits to Mitsubishi in 2011. As part of that deal, Mi...
21.02.2013 | 1204 views | 0 comments
Tesla Still Suffering Losses But Sales and Revenue Up

Tesla Still Suffering Losses But Sales and Revenue Up

Aiming for profitability in first quarter of 2013

Tesla fourth quarter 2012 financial results show the first chances of profitability for the company soon, but it still lost money for the quarter. Tesla’s revenue was up over seven times to $306.3 million for the fourth quarter, compared...
21.02.2013 | 315 views | 0 comments
UK Saleswoman Responsible for Roughly a Quarter of Veyron Sales

UK Saleswoman Responsible for Roughly a Quarter of Veyron Sales

She sold £13m of Veyrons in 2012

Anita Krizsan might be the best car salesperson in the world. She sold 11 Bugatti Veyrons last year worth about £13 million ($19.8 million or €15 million). Volkswagen has not released its full annual sales for Bugatti yet, but last ...
21.02.2013 | 4538 views | 0 comments
Volkswagen XL1 Will Be Launched in Geneva with 0.9l/100km Fuel Economy

Volkswagen XL1 Will Be Launched in Geneva with 0.9l/100km Fuel Economy

The world's most aerodynamic car

Volkswagen has achieved today a project that it has been working on for over a decade. It showed its first concept for the 1.0-liter car at a VW stockholders meeting in April 2002. Now, just less than 11 years later, Volkswagen will show a product...
21.02.2013 | 3751 views | 0 comments
Bugatti Gangloff Imagines Modern Type 57 Atalante

Bugatti Gangloff Imagines Modern Type 57 Atalante

Car comes from designer Pawel Czyzewski

Self-taught, Polish designer Pawel Czyzewski has created a concept he calls the Bugatti Gangloff concept to imagine what a modern version of the Type 57 Atalante would look like.  The name for the concept comes from Swiss coachbuilde...
21.02.2013 | 5790 views | 0 comments
Audi A3 E-Tron Shows Audi's 204hp Hybrid Future

Audi A3 E-Tron Shows Audi's 204hp Hybrid Future

The plugin hybrid A3 combines high power and high efficiency

Audi will reveal its concept for a plug-in hybrid future at the Geneva Motor Show in the Audi A3 e-tron. The car combines a 1.4 TFSI engine with an electric motor to create a powertrain that gives 201hp of power and claimed fuel economy of 1.5l/10...
21.02.2013 | 3710 views | 0 comments
New Golf GTD with 182hp Is Most Powerful Generation Ever

New Golf GTD with 182hp Is Most Powerful Generation Ever

Body and interior inspired from GTI

Volkswagen has revealed that the seventh-generation Golf GTD will debut at the Geneva Motor Show on March 5. The latest generation packs a 2.0 TDI with182hp and 221lb-ft of torque (300Nm), which makes it the most powered GTD in the model&rsquo...
21.02.2013 | 356 views | 0 comments
Audi Plans to Use SUVs to Compete Against BMW

Audi Plans to Use SUVs to Compete Against BMW

Audi will double SUV lineup to compete against BMW

Audi is working on three new SUVs with hope to cut BMW's sales lead. The new crossovers will use the same platforms as the current Audi Q models but with sportier styling.  The cars will be called the Q2, Q4 and Q6. The Q2 will be bas...
21.02.2013 | 4081 views | 0 comments
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