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Chinese automaker BYD plans massive expansion

Chinese automaker BYD plans massive expansion
Chinese automaker BYD Co. said Monday it had massive expansion plans this year and would consider building a plant in the United States, a day after announcing annual profits had tripled. The company, which has the backing of American billionaire Warren Buffett, said it will put aside 10 billion yuan...
March 15th, 2010 | BYD | Read More

TAG Heuer Partners with Tesla Motors

TAG Heuer Partners with Tesla Motors
Pioneering luxury Swiss watchmaker TAG Heuer and electric carmaker Tesla Motors have teamed up in a worldwide partnership as the iconic Swiss brand celebrates its 150th anniversary. On display at the Geneva Motor Show is the 2010 TAG Heuer Tesla Roadster. This one-of-a-kind collector's car includes...
March 14th, 2010 | Green, Tesla | Read More

Aston Martin’s Owners File for Legal Protection

Aston Martin’s Owners File for Legal Protection
Investment Dar, the troubled Kuwaiti firm that owns half of luxury British carmaker Aston Martin, said on Saturday it has filed for legal protection under Kuwait's financial stability law. "Investment Dar announces today that it has started a process of legal protection under the terms of Kuwait?s Financial...
March 13th, 2010 | Aston Martin | Read More

California sues Toyota for hiding defects

California sues Toyota for hiding defects
A California prosecutor has filed a civil lawsuit against Toyota, accusing the Japanese carmaker of intentionally hiding deadly defects from consumers. "We'll be alleging in court on behalf of the people of Orange County that Toyota knowingly sold cars and trucks with defects that caused Toyotas to accelerate...
March 13th, 2010 | Toyota | Read More

Mopar Releases Sketches for 44th Annual Easter Jeep Safari

Mopar Releases Sketches for 44th Annual Easter Jeep Safari
Mopar is getting ready for Moab. Chrysler Group LLC's fifth brand is preparing to reveal a truck-load of "Moparized" vehicles at the 44th annual Easter Jeep® Safari in Moab, Utah which takes place from March 27 through April 4.
March 13th, 2010 | Jeep | Read More

Govt offers GM loan to safeguard jobs

Govt offers GM loan to safeguard jobs
The government on Friday announced it had agreed a loan of 270 million pounds for General Motors to help protect jobs in Britain. GM had decided to sell its European arm, which makes Vauxhall cars here, but changed its mind after its own rescue by the US government. Business Secretary Peter Mandelson...
March 12th, 2010 | General Motors | Read More

Hyundai chairman’s son gets seat on the board

Hyundai chairman’s son gets seat on the board
The only son of Hyundai Motor chairman Chung Mong-Koo was Friday appointed to the board of South Korea's top carmaker, fuelling speculation he is being groomed to succeed his 71-year-old father. Shareholders at their annual meeting approved the appointment of Chung Eui-Sun, 39, a company spokesman said. The...
March 12th, 2010 | Hyundai | Read More

Daihatsu recalls 275,000 vehicles

Daihatsu recalls 275,000 vehicles
Daihatsu Motor Co., a subsidiary of embattled Toyota, said Thursday it was recalling almost 275,000 vehicles due to possible defects, the latest in a raft of problems hitting Japanese carmakers. The move comes as Toyota, which owns a stake of over 51 percent in the small-car specialist, pulls more than...
March 11th, 2010 | Daihatsu, Recall News | Read More

Kraft Foods to Replace US Sales Fleet

Kraft Foods to Replace US Sales Fleet
For Kraft Foods – the world’s second-largest food company – the 2010 Ford Fusion has proven to be an ideal solution in helping to reduce fuel use and C02 emissions for 2,500 members of the company’s national sales staff. Kraft Foods has worked with Ford to meet its sales fleet vehicle needs for...
March 11th, 2010 | Ford | Read More

Nissan Announces U.S. Pricing for 2011 Nissan GT-R

Nissan Announces U.S. Pricing for 2011 Nissan GT-R
Nissan North America, Inc. today announced U.S. pricing for the 2011 Nissan GT-R supercar, which is on sale now at select Nissan dealers. For 2011, its third year of availability in the North American market, the Nissan GT-R features a number of enhancements and a simplified model lineup. The previous...
March 11th, 2010 | Nissan | Read More
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