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Editorial
Porsche Cayenne: The King is Dead. Long Live the King!... ... When the first Cayenne was launched there were enough purists who found the perfect moment to criticize Porsche's approach to a market based more on the client's demand than on what others want to offer. Porsche wasn't selling enough, while the ... Continue reading >
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Nissan Partners with the State of Massachusetts
The Renault-Nissan continues to prepare the arrival of its all electric vehicle called Leaf, by forming a zero-emission partnership with the Commonwealth of Massachusetts. The alliance has the role to promote the development of electric-vehicle charging network and ... >> Read more
 
Spyker Starts Sportscar Production in the UK
Spyker, who's 99 percent the new Saab owner, will produce the new Aileron model in Coventry in a plant run by its supplier CPP Manufacturing. The site, which previously hosted production of some Jaguar and Peugeot models, will produce up to five cars a week in one ... >> Read more
 
Germany and Spain to Carefully Examine Opel Aid
While both Germany and the United Kingdom last week expressed their intentions to provide financial support for GM's Opel, Nick Reilly's yesterday statement changed plans a little bit. The same Germany and Spain said they will carefully analyze the request but ... >> Read more
 
PSA's Negotiations with Chang'an for Second Chinese JV Advancing
PSA Peugeot-Citroen is negotiating with Chang’an Motor Corp, China’s fourth-largest automaker, to create the French company’s second joint venture in China, with the contract expected to be signed shortly after the upcoming Spring Festival,as ... >> Read more
 
Jaguar Gets Class Leading Residuals

Jaguar Gets Class Leading Residuals

INDUSTRY

Jaguar just got some good news, as the Indian owned automaker will get class leading residual values for its future XJ model. According to EurotaxGlass experts, the new XJ which will be launched in March 2010 will be more valuable than the equivalent Audi, BMW and Mercedes-Benz after both 12 months and three years of ownership. Jason King, Head of Market Intelligence for EurotaxGlass's, said: "The exterior design of the new XJ is certainly stunning, bringing a bold, fresh approach to the luxury car segment. This bold design is sure to appeal to a wider and much younger audience, building on the fine work of the XF in helping the Jaguar brand redefine itself and appeal to a younger buyer." "We're not surprised to see the Jaguar going head-to-head with the Mercedes ... >> Read more

 
Volvo to Miss February 14 Sale to Geely
Ford's year-plus long attempt to sale its Swedish unit Volvo may get an extension and miss the February 14 deadline set together with Chinese projected buyer Geely, as negotiations seem to have stalled on financing and details in the signing documents, sources close to ... >> Read more
 
Hybrid Electric Vehicles Range Extension Development Announced
FEV, a U.S. powertrain and vehicle technologies developer, announced that it has coupled one of its Auxiliary Power Units (APU) with a 3-cylinder engine for use in Hybrid Electric Vehicles. The coupling of the unit with the engine extends the range of the ... >> Read more
 
Schwarzenegger Targets $397.5M from Speed Cameras
California Governor Arnold Schwarzenegger is seeking resources to cover up the gap of $19.9 billion in the budget. He therefore thought of a solution which will likely not be received so well by local motorists. Schwarzenegger called for the deployment of a massive ... >> Read more
 
Toyota Aurion to Stay
Despite not so encouraging sales and the cannibalism menace of the soon-to-be Camry hybrid, the Australian arm of Japanese carmaker Toyota announced plans to keep producing the Aurion and even plans a new generation for 2012. "For us, Aurion has been a ... >> Read more
 
Rolls Royce Shuffles Asia Pacific Team
British carmaker Rolls Royce announced today it will shuffle its Asia-Pacific team, by appointing Paul Harris as the company’s new regional director for Asia Pacific and moving the man who currently holds this position, Colin Kelly, to Canada. Harris is ... >> Read more
 
UK Extends Scrappage Scheme Until End of March
Car manufacturers who operate in the UK can be nothing but pleased with the government's decision to extend the country's scrappage schem by adding an extra month and pushing the deadline well into March. Until now, the scheme has proved to be very lucrative, as ... >> Read more
 
Spyker Raises an Extra $25 Million for Saab
After earlier today news came that the European Commission approved the Swedish state loan guarantees for Saab, the company which bought GM's last standing bad asset announced it has managed to secure an additional 25 million loan from an investment company owned ... >> Read more
 
Chevrolet Camaro Comes to Europe
For the first time in its existence, the Chevrolet Camaro will see the inside on an European distribution center, in both its coupe and convertible guises, following the announcement made today. The Camaro will be accompanied to the Old Continent by several more ... >> Read more
 
EV Could Be Produced at Fiat’s Sicily Plant
Sergio Marchionne’s decision to shut down production at Fiat’s Termini Imerese factory in Sicily seems to have serious repercussions, as the unions launched strikes in Fiat plants across the country. The automaker has serious arguments for closing the plant ... >> Read more
 
Car Radio's Digital Pathway Smoothed
The automotive industry is determined to adopt the digital radio solution as a standard feature by 2015. According to the Brits at Autocar, last year’s Digital Britain report confirmed the fact that analogue radio signal will no longer be broadcasted by ... >> Read more
 
Chrysler CEO Cancels Chicago Speech
As the Chicago Auto Show is getting closer, everybody’s expectations get bigger. The auto industry has had a good start this year, as most automakers reported important sales increase. So we’re all holding our breath, hoping to see CEOs speaking about ... >> Read more
 
Fiat 500 Built in Mexico to Help Chrysler
Mexico will become a strategic location for Chrysler’s financial recovery, as the Fiat Chief Executive Sergio Marchionne told Reuters that the company could build 130,000 Fiat 500s in the country, through a $550 million investment. According to Reuters ... >> Read more
 
Flex Billing to Be Used for ChargePoint EV Charging Stations
As most people involved in creating an EV charging stations infrastructure are still figuring stuff out, Coulomb Technologies announced today it will start using the Flex Billing system. This will allow ChargePoint Network station owners worldwide to set pricing as ... >> Read more
 
Opel Unveils Plan for the Future
Opel/Vauxhall CEO has just unveiled the so-called "Plan for the Future" that is expected to help the two automakers survive the crisis and even return to profit. To get straight into details, Opel will invest a total of 11 billion Euros by 2014, with ... >> Read more
 
BMW Announces January Sales Growth
Since the start of 2010, vehicle sales have seriously gone up. BMW Group saw a strong increase in sales of 16.6%, as it managed to deliver 82,120 BMW, MINI and Rolls-Royce worldwide during the month of January. By comparison, BMW Group only delivered 70,419 last ... >> Read more
 

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