Automakers are scrambling to develop the first mass-produced plug-in hybrid vehicles as the demand for less environment-damaging vehicles increases. Although Chevrolet and Toyota are receiving more attention than other automakers, another General Motors brand is looking to become the first to offer PHEVs to the auto buying public. Saturn, the fastest growing General Motors brand, [...]

With light trucks sales on the decline and auto buyers demanding for more fuel efficient vehicles, it is not a surprise that automakers will slow down or even stop production of SUVs and light trucks. But the Big Three, which are known for having an almost monopoly on these light trucks, are loath to reduce [...]

A familiar face will reunite with the Chrysler Group and he will be assisting Tom LaSorda, who remains as the automaker’s chief executive officer but will also be the president in the new organization after the sale of the company is perfected. Wolfgang Bernhard, 46, a senior adviser to Cerberus Capital Management LP and talented [...]

Size matters. That is what auto trend is trying to imply. So the bigger a pickup is, the heavier it is, the more gas it guzzles, and the pricier it is, the better it seems to be selling, reported the New York Times. Demands for the Ford Motor Co.’s F-150 are pouring in. Perhaps, the [...]

The spying scandal which Bernie Ecclestone called as ‘nonsense’ reached its climax as an emergency World Motor Sport Council was called by the FIA, the ruling body of Formula One. During the council, McLaren was asked to answer allegation that they have used Ferrari technical details to gain advantage over the Italian team. After the [...]

It pays off to struggle – that is the mantra of the Ford Motor Co. Its deep cost cutting efforts and efficient turnaround plan have dramatically bolstered the condition of the ailing American automaker. After two years, Ford has posted its strongest quarter. This is a strong proof that the company’s turnaround plan was taking [...]

Seldom do we see superheroes riding the car of mere mortals. But Marvel Studios and Paramount Pictures went out of the box to offer movie fanatics a taste of the extraordinary. The tie-up will deliver the big screen adaptation of ‘Iron Man,’ who could be seen riding in an Audi R8 supercar. The movie is [...]

While automakers are experiencing shrinking market shares in the United States, the Canadian auto market is expected to reach record sales for this year. According to The Financial Post, more Canadians are buying cars and light trucks than what was expected by analysts at the start of the year. In fact, the number of auto [...]

Porsche AG recently announced that it is prepared to raise further its stake in fellow German carmaker Volkswagen AG and is ready “for anything”, its chief financial officer has said. “We have ensured several options in order to further increase our stake in VW, if there is demand,” Holger Härter told FT Deutschland, the Financial [...]

Shrinking market shares and increasing debt has forced the Ford Motor Company to auction off its prestigious brands. Earlier this year, the ultra-luxury brand Aston Martin went on sale to a consortium led by Prodrive team owner David Richards. Just months after the sale, Ford announced that Jaguar and Land Rover will also be auctioned [...]