Saab Gets Bought
It has been approximately six months since Saab Automobile announced its bankruptcy and in that time, a rollercoaster of drama and suspense raged on...
Toyota, Honda, Suzuki suspend production after major snowstorm
Toyota Motor, Honda Motor and Suzuki Motor suspended output in some factories in Japan after the second major snowstorm this month disrupted shipments of...
Tesla Motors raises $266 million in IPO
Tesla Motors offered up its shares to the public for the first time on Tuesday, testing investors' faith in a company that has proven...
Incredibly Rare Porsche 917/30 Heads To Amelia Island Auction Block
Every once in a while a car pops up and you think to yourself “I must be dreaming.” One of those cars just appeared,...
BMW Group Looks to Hire 2000 Employees
After a very strong first quarter, BMW global is looking to expand further by hiring more employees. With record sales in BMW cars and motorcycles as...
US Treasury sells another $811M worth of GM share
In its August report to Congress, the U.S. Treasury Department said it sold $811 million worth of General Motors common stock last month, reports...
Kia Shows Off Its New Face at New York
It seems that Kia, like many automakers these days, has decided to adopt a brand image for their next generation. The recently updated Optima...
Cadillac Chasing Better MPGs for 2016
With ever tightening restrictions on fuel consumption and emissions, every company is chasing better fuel economy. Cadillac is stepping up its MPG skills for...
Ford Australia officially unveils its stunning new Territory SUV
Following an extensive development programme the covers have finally come off the highly anticipated new-model Ford Territory.
The Australian-designed-and-developed SUV (Sports Utility Vehicle) has undergone...
Carmakers eye reforms after $13.4bln lifeline
US automakers mulled painful reforms on Saturday after President George W. Bush unveiled a 13.4 billion dollar rescue loan for the struggling industry, but...
