by Ken Zino | Oct 9, 2009
General Motors (GM) and Sichuan Tengzhong Heavy Industrial Machinery Co., Ltd (Tengzhong) have just announced that the companies have entered into a definitive agreement that will allow Tengzhong to acquire GM’s premium all-terrain Hummer brand. Under the terms...
by Ken Zino | Oct 9, 2009
Ferrari will auction a unique one-off 599 GTB Fiorano China Limited Edition, signed by Chinese artist Lu Hao, on the third of November. The super car will appear at a ” Gala Auction Event” hosted by Ferrari in Beijing. This car follows the Italian sports...
by Marty Bernstein | Oct 9, 2009
Toyota’s Big Bucks Marketing & Ad Spend Despite a significant drop in retail sales since CARS, aka Clunkers, made them king of the hill, Toyota, according to industry reports is about to spend $1 billion … yes the “b” word on marketing and advertising in the...
by Paul A. Eisenstein | Oct 9, 2009
It’s become one of Europe’s most popular – if unlikely – theme parks, drawing visitors from all across the continent. Entire families take the day off, calling in sick from work and sending excuses off to school. But if you’re expecting to find Mickey Mouse at the...
by Ken Zino | Oct 8, 2009
Magna Steyr will develop and manufacture the aluminum body for the new Mercedes-Benz SLS AMG in Graz, Austria, the company announced today. The super car is due for a launch next spring. Weighing only 1,620 kg, the car has the latest in lightweight technology and will...
by Ken Zino | Oct 8, 2009
Number three Japanese automaker Nissan has released a sketch of its future “global compact car.” The unnamed small car could be a replacement for the Micra model. Production will be launched in Thailand in March 2010, and no-name will then be exported to 150...
by Ken Zino | Oct 8, 2009
Fritz Henderson, General Motors Company president and CEO, last night named Susan Docherty, 46, to the position of vice president, U.S. Sales, effective October 16, 2009. She was the general manager of the struggling Buick-GMC brands. Year-to-date the Buick brand is...
by Joseph Szczesny | Oct 8, 2009
Ford Motor Company has applied for 125 patents for the technology surrounding the EcoBoost engines, which feature expensive direct-injection of fuel and turbocharging that have long been in use at other automakers. “The secret to Ford’s EcoBoost system...
by Paul A. Eisenstein | Oct 8, 2009
These days, simply getting a paycheck seems to be good news, what with automakers and auto suppliers slashing jobs at a frantic pace. But the German sports car manufacturer, Porsche, is bucking the trend. The Stuttgart-based maker recently lost a contentious battle...
by Paul A. Eisenstein | Oct 8, 2009
Few cars, anywhere in the auto industry, have been more important than the original Beetle, which was the foundation upon which Volkswagen built its worldwide empire. While the current incarnation of the little car is no more than an afterthought for the brand, on a...
by Ken Zino | Oct 7, 2009
Toyota Motor Sales has retracted a statement it made in the Biller matter, a multi-million dollar dispute with former Toyota attorney Dimitrios Biller, who is charging the Japanese company with attempting to thwart the U.S. legal system. It was the latest troubling...
by Paul A. Eisenstein | Oct 7, 2009
Hybrids dominate – though just barely – in the run up to the fifth annual “Green Car of the Year,” the annual award that will be announced at this year’s Los Angeles Auto Show. Designed to recognize vehicles that are making significant contributions to the...
