Volkswagen AG’s core VW brand raised its mid-term target for profit margins and said it would speed up turnaround efforts as cost cuts help free funds to boost its SUV lineup and develop more hybrid and full-electric cars. The...
The Rolls-Royce Phantom has earned BBC Top Gear Magazine’s coveted ‘Luxury Car of the Year’, just weeks after its global media launch on the banks of Lake Lucerne in Vitznau, Switzerland. Referred to by the cognoscenti as ‘the best car...
Four years ago, CEO Masamichi Kogai predicted Mazda would be notching annual U.S. sales of 400,000 vehicles by now. Instead, it is in a second-straight year of decline, with volume under 300,000 and market share retreating from an erstwhile goal...
BMW will bundle its battery cell expertise in a new competence center, the German luxury carmaker said on Friday, adding it would invest 200 million euros ($237 million) in the site over the next four years. “By producing battery-cell prototypes,...
In Spain it’s that time of the year for Real Madrid’s players to take delivery of their shiny new cars from the team’s sponsor Audi. The company with the four-ring logo joined forces with the hugely popular soccer team back...
Ford Motor Company and its Indian partner Mahindra & Mahindra Ltd. could create their own electric car line in the country to help battle pollution from the vehicles clogging India’s roads, Chairman Anand Mahindra said. Mahindra & Mahindra, which ...
Dana Air has resumed flight operations and apologised to its passengers for the delays experienced on Tuesday as a result of the disruption of its activities by the National Association of Aircraft Pilots and Engineers (NAAPE). Communications Manager, Kingsl...
Global vehicle sales will decline over the next two decades as consumers embrace on-demand ride services such as Uber, according to a study by IHS Markit. Annual private vehicle sales in the U.S., Europe, China and India will decline over the...
Toyota expects a inner explosion engine to be passed by 2050, and energy usually about 10% of cars as partial of hybrid systems from 2040 onwards. The prediction, announced by Seigo Kuzumaki, Toyota’s conduct of modernized RD and engineering, re-emphasises...
Three years after Hyundai disclosed the concept of Santa Cruz, details regarding a production version are still quite limited at this point. New info has emerged this week as South Korea’s Seoul Economic Daily is reporting the utilitarian vehicle...
Mercedes-Benz first pick-up is to debut in April 2018. Already, more than 7,000 buyers have registered their interest online for the new Mercedes pick-up. According to agency report, the rise in demand comes as the Toyota Hilux is on...
General Motors will on November 30, 2017, in San Francisco, share its “vision for an autonomous future”. General Motors Chief Executive Officer, Mary Barra who disclosed the development while reviewing the automaker’s third-quarter earning...
Ahead of its 9th anniversary on Friday, November 10, 2017, the management of Dana Air on Thursday commended all stakeholders for their support and contributions. In a statement, the company said: “Since commencing flight operations on November 10, 2008,.....