Zhejiang Geely Holding Group, the Chinese company who is set to buy Volvo from FoMoCo, said that it expects losses at the Swedish automaker to end as early as the fourth quarter. “As far as I know, Volvo is in good operating condition and it’s possible it could break even in the fourth quarter of [...]
Due to demand in the United States, Mini USA has decided to bring a limited number of the John Cooper Works World Championship 50 to the stateside. Mini originally planned a limited production run of just 250 units for Europe only. The United States will now get 50 of the 250 units of the limited [...]
The Jaguar XJ is ready to go on sale next month in the United States, U.K., China and Germany – the first time ever the brand has launched a vehicle simultaneously in four major markets, said Mike O’Driscoll, managing director of Jaguar Cars Ltd. The company is counting on the XJ sedan to boost sales [...]
Daimler AG terminated its contract with nearly 350 Dodge dealers last year to sell the Sprinter van, which has been sold by selected Freightliner dealers since 2001. Daimler Vans USA is now expanding the Sprinter model with the addition of a passenger van that seats up to 16 individuals, hoping to target hotel shuttle service, [...]
We just wanted to let you know that our videos site, egmCarTech Videos, looks pretty awesome on the new Apple iPad… so awesome that we recommend you make it a bookmark and keep it as your one-stop location for car related videos. You can browse through hundreds of car videos and use your fingers to [...]
The folks at AutoTrader announced today that the Chevrolet Camaro once again became the most-viewed new vehicle on the site. The site also reported that Hyundai’s new 2011 Sonata midsize sedan was the most-viewed new vehicle in its class for the first time ever, surpassing competitors that include Honda Accord, Toyota Camry and Nissan Altima. [...]
General Motors announced earlier this month that it has decided to auction the first of the limited 500 2011 Chevrolet Corvette Z06 Carbon Limited Edition models at Barrett-Jackson in Palm Beach. It turned out to be one of the best decisions ever. The winning-bid came in at $297,000 and the winner will have the opportunity [...]
General Motors is the largest foreign automaker in China and its local venture partners are on track to sell more than 2 million vehicles in the region this year, four years ahead of schedule. To keep the lead going, GM plans on introducing 25 new or updated models in China by the end of 2011. [...]
Before the Audi A1 made its world debut, the automaker named Justin Timberlake as its official ambassador for the upcoming compact luxury hatchback. Well, it seems like Timberlake will be doing much more than just posing with the A1 in commercials. Audi today released a trailer of what it calls “The Next Big Thing,” a [...]
We find ourselves very much attracted to the BMW M3 Sedan, however, many of you aren’t on the same page as us. So much so, that sluggish sales of the new BMW M3 Sedan have forced the German automaker to drop the variant when it comes time to develop the next generation of the M3. [...]
