News
Pontiac will be gone by the end of next year
April 27, 2009"Rumors from late last week have come home to roost, and as part of its restructuring efforts, General Motors has just announced that Pontiac will be "phased out by the end of 2010." GM will continue to build its accelerated viability plan...
BMW Group reports EBIT of euro 921 million for 2008
March 12, 2009The BMW Group's performance held up well in 2008 despite difficult market conditions. "The BMW Group has been able to make improvements at an operating level in the midst of extremely difficult economic times", stated Reithofer Norbert, Chairman...
BMW Group delivers 80,453 vehicles in February
March 12, 2009Against the background of the ongoing global economic and financial crisis, the BMW Group reported a decrease in vehicle deliveries in February, as expected. The company sold 80,453 BMW, MINI und Rolls-Royce brand automobiles worldwide (prev.yr.: 106...
Sporting goods: the new Ford Fiesta sportvan
March 11, 2009Ford of Europe is extending its SportVan collection in 2009 with the all-new Fiesta SportVan, reprising the model which launched Ford\'s popular SportVan range three years ago. The new Ford Fiesta SportVan delivers the individual style, practicality...
Farfus most successful BMW driver in Brazil
March 11, 2009Curitiba, 8th March 2009. On the opening weekend of the 2009 FIA World Touring Car Championship (WTCC), BMW Team Germany’s Augusto Farfus (BR) was the most successful member of the BMW national teams. In the first race of the season the 25-year...
Honda to Begin Production, Sales and Export of Freed in Indonesia
March 11, 2009P.T. Honda Prospect Motor, Honda's automobile manufacturing and sales joint venture in Indonesia, announced plans to produce and sell the Freed model in Indonesia, starting June 2009. In addition, exports to multiple countries in the Southeast Asia region...
All-new Honda Insight Starts Under $20,000
March 11, 2009The all-new 2010 Honda Insight goes on-sale March 24 with a manufacturer's suggested retail price1 (MSRP) of $19,800 for the Insight LX, American Honda Motor Co., Inc., announced. The distinctively styled, five-passenger, five-door dedicated hybrid vehicle...
Ford and UAW reach stock option agreement
March 10, 2009Members of the United Auto Workers union voted to allow Dearborn, Mich. automaker Ford Motor Co. (NYSE:F) to use stocks to fund half a healthcare plan. Almost 60 percent of the union's members voted to allow Ford to pay half of a $13.2 billion commitment...
Ford Canada suggests consumer incentives
March 10, 2009The chief of Ford Canada told a parliamentary committee in Ottawa the government should pay consumers $3,500 to trade in old cars for new ones. David Mondragon, chief executive officer of the company, told the committee Monday night about 35 percent...
BMW Group delivers 80,453 vehicles in February
March 10, 2009Against the background of the ongoing global economic and financial crisis, the BMW Group reported a decrease in vehicle deliveries in February, as expected. The company sold 80,453 BMW, MINI und Rolls-Royce brand automobiles worldwide (prev.yr.: 106...