On the 20th of March, Volkswagen AG informed that it would recall nearly 385,000 in China, its biggest market, to fix gearbox problems. Everything indicates that the recall will start in April. Certainly, the recall will be a harsh blow for the company as the whole operation may cost it over $600 million.
Jamelle Agbuis
Mar 21, 2013
Kia Australia has ruled out importing any more variants from the European-focused Kia Cee'd range beyond the Pro_Cee'd GT hot-hatch it has recently confirmed for the local market.
Jamelle Agbuis
Mar 11, 2013
Luxury carmaker Jaguar Land Rover informed that it would scale up investments at its UK engine plant by more than 40 percent as demand for the SUVs increased in China and other emerging markets as well. In addition, Jaguar Land Rover plans to double the head count by creating additional 700 jobs and invest £500 million at its i54 business park.
Jamelle Agbuis
Mar 06, 2013
Subaru has sold its 700,000th vehicle in Australia, as the local division of Fuji Heavy Industries celebrates 40 years on our shores.
Jamelle Agbuis
Feb 27, 2013
A new, more powerful variant of the Mazda CX-5 has gone on sale in Australia, priced from $32,880 for the 2.5-litre petrol Maxx automatic.
Jamelle Agbuis
Feb 27, 2013
Rolls-Royce witnessed an increase in the full year profits by 24 percent to over £1.4 billion. The increase in the level of output at Boeing CO. and Airbus SAS led to stronger-than-expected profits for Rolls-Royce. Also, the company named Ian Davis as the chairman of the company.
Jamelle Agbuis
Feb 18, 2013
http://www.industryleadersmagazine.com/peugeot-citroen-records-massive-net-loss/
Jamelle Agbuis
Feb 14, 2013
After optimistic results noted in 2012, the beginning of 2013 is also comforting for automakers as new car sales in the US increased sharply in January.
Jamelle Agbuis
Feb 04, 2013
After few years, finally Toyota Motor Corp. got it. According to data released on the 28th of January, the Japan's company has discrowned US General Motors Co. and has become the world's top carmaker after 4 years.
Jamelle Agbuis
Jan 29, 2013
Ford to Add 2.200 Salaried Jobs in US as Demand for New Cars Increases
Jamelle Agbuis
Jan 15, 2013
Toyota Motor Corp., the Japan's biggest carmaker, is to pay as much as $1.1 billion to settle a U.S. class action lawsuit based on alleged acceleration issues in its cars.
Jamelle Agbuis
Jan 02, 2013
Europe saw demand for new cars drop for the fourteenth consecutive month in November. On the 14th of December, the European Automobile Manufacturers' Association released its survey which showed that European Union car sales decreased as much as 10 percent to almost 926,500 vehicles. PSA Peugeot Citroen, Renault SA and Fiat SpA noted the biggest slumps among other carmakers.
Jamelle Agbuis
Dec 17, 2012
After so many years of depressing sales, Ford Motor Co. decided to revive and rename its Lincoln luxury brand. On the 3rd of December, Lincoln Motor Company is due to be introduced. The rebranding is aimed at reviving sales of Lincoln models. And what is more the Lincoln's first Super Bowl ad and television commercials are to be presented as well.
Jamelle Agbuis
Dec 05, 2012
Toyota Australia has expanded its hybrid family once more with the addition of the new luxury-spec Toyota Prius V i-Tech.
Jamelle Agbuis
Nov 29, 2012
Kia Australia believes that its localization program for its vehicles is a huge deal for its on-going success in our market.
Jamelle Agbuis
Nov 29, 2012
This is the end of Suzuki's American dream. American Suzuki Motor Corp. informed that it would file for Chapter 11 bankruptcy protection.
Jamelle Agbuis
Nov 08, 2012
Toyota Australia has recalled almost 300,000 vehicles to correct a defect with the cars' power windows in one of the largest recalls in automotive history.
Jamelle Agbuis
Oct 11, 2012
The sales of the Toyota Motor Corp. in the country of China have been down by nearly 40 percent in the month of September as compared to the previous year. The sales of some of its rival companies like BMW and Hyundai however soared high in China. This fact of Toyota's China sales fall reveals how badly the two countries have been struck by their ongoing territorial row.
Jamelle Agbuis
Oct 09, 2012
Prices for the Ford Focus range in Australia have been cut by as much as $2410 with the arrival of the MkII model that takes advantage of a switch to Thailand production.
Jamelle Agbuis
Oct 02, 2012
The automotive industry changes constantly. In Australia, the cost of raw materials and fuel is volatile, regulations are tighter and competition is greater. As a result, innovation is encouraged.
James Kong
Sep 18, 2012
Hybrids without batteries, remote Honda EV apps and personal car-sharing hitches a ride with GM's OnStar.
Jamelle Agbuis
Jul 26, 2012
German safety pioneer Mercedes-Benz will start fitting inflatable rear passenger seatbelts to its vehicles, in a move that will make the brand the second automaker to employ the safety technology behind Ford.
Jamelle Agbuis
Jul 23, 2012
One day consumers are giving up their SUVs, and the next day they want them back. It's enough to drive an auto company CEO crazy. The bottom line: Watch what consumers do, not what they say.
Jamelle Agbuis
Jul 20, 2012
Volkswagen Australia has launched the second-generation Passat CC four-door coupe with a starting price of $54,990 for the diesel. This time around the Germans have gone for a simpler naming convention by removing the Passat badge and sticking with just Volkswagen CC.
Jamelle Agbuis
Jul 15, 2012
Volvo has lifted the lid on its next generation of vehicle safety systems designed to protect drivers from stray animals and red-light runners, and take full control of the car in congested city traffic.
Jamelle Agbuis
Jul 11, 2012
Todd Kelly, the team owner of V8 Supercars express his enthusiasm when the Nissan parts arrived at the team's base located in Melbourne. This Nissan parts are going to be utilized for the V8 Supercars 2013.
Mary Elaine Ramos
Jun 28, 2012
The Porsche Boxster remains the cheapest way into the German car maker’s sports car range – and may well continue to do so as the company continues to dither and deliberate over a new, smaller entry-level sports car.
Jamelle Agbuis
Jun 15, 2012
Forza Motorsport fans unite - Porsche is back!
Jamelle Agbuis
May 25, 2012
The rise to prominence in the automotive industries for Hyundai KIA Automotive Group (HKAG) was capped by the acquisition of Kia Motors in 1998.
Jamelle Agbuis
May 24, 2012
Automakers worldwide could be affected by slowing sales results in China as dealers see stocks of unsold cars rise, threatening price cuts.
Jamelle Agbuis
May 21, 2012