Automobile News

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Updated: 33 weeks 1 day ago

New Deal between Automakers to Benefit the Industry

Mon, 06/06/2011 - 18:49

There has been a new deal struck between major candies of the vehicle industry. The firms are Rolls-Royce and Daimler.


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Tesla Model X Looking Forward to Make Its Way in Market

Mon, 06/06/2011 - 18:36

The renowned electric Roadster sports car maker, Tesla Motors Inc., is looking forward to trade the Model X, a rechargeable crossover utility vehicle, by the end of 2013.


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Impact of Japan Earthquake Felt on U.S. Auto Industry

Thu, 06/02/2011 - 19:45

The American auto industry continues to be affected by the earthquake and tsunami that struck Japan and caused widespread devastation on March 11th.


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Spyker & Pang Da Await Legal Approval for Joint Venture

Tue, 05/24/2011 - 00:17

On Monday, the Saab automobile owner Spyker Cars NV announced that Pang Da Automobile Trade Co.


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Spyker Join Hands with China's Pang Da Automobile

Mon, 05/16/2011 - 17:27

On Monday, Spyker Cars, the Dutch owner of Swedish car maker Saab announced that it has reached a deal with China's Pang Da Automobile Trade Co. for improving its operations.


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Nissan CEO Expects to Regain Momentum by October

Thu, 05/12/2011 - 23:12

On Thursday, Nissan Motor Company reported they experienced a 7.2% rise in quarterly operating profits and claimed that their global product distribution would return to normal at least one month earl


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Toyota Fighting Tooth and Nail to Claim Its Profits

Wed, 05/11/2011 - 23:11

Toyota’s car production has received strong set back after the earthquake and tsunami hit the Japan.


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Chrysler Group’s First Profit Since Mid-2006

Tue, 05/03/2011 - 20:04

“But success is incredibly temporary”, he warned, speaking in an earnings webcast with analysts and media Monday. “First quarter is done.


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Chrysler Earned $116 Million and Posted Growth after 5 Years

Mon, 05/02/2011 - 20:21

Chrysler Group, which had faced bankruptcy and federal bailout in 2009, has posted profits in the first quarter on Monday.


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Honda Profits Show a Decline, Hyundai Up

Thu, 04/28/2011 - 19:37

Honda Motor and Hyundai Motor Co. have shown different figures of sales after the earthquake crippled the car production in Japan and this has helped the overseas producer to take a lead.


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