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Category: Industry News

Hot News Industry News

GM slashes truck production by 140K year

Autoracing1 April 28, 2008

General Motors Corp. will cut production by nearly 140,000 trucks a year at four North American plants the automaker announced on Monday. GM is eliminating one shift each at four … Read More

Hot News Industry News

Opec says oil could hit $200

Autoracing1 April 28, 2008

Opec’s president on Monday warned oil prices could hit $200 a barrel and there would be little the cartel could do to help. The comments made by Chakib Khelil, Algeria’s … Read More

Hot News Industry News

ISC profits up

Autoracing1 April 11, 2008

International Speedway Corp. (ISCA, ISCB.OB), a promoter of motor sports entertainment activities, on Wednesday reported a slight rise in its first quarter, reflecting income from joint venture and higher revenues, … Read More

Hot News Industry News

GM faces long, slow climb in US

Autoracing1 February 13, 2008

General Motors Corp. is blowing the proverbial doors off the world's emerging markets — necessary, as Chairman Rick Wagoner would say, but not sufficient. The automaker said Tuesday it booked … Read More

Hot News Industry News

Ferrari sales up 14% last year

Autoracing1 January 16, 2008

Italian luxury car maker Ferrari, which is part of the Fiat group, sold 6,400 cars in 2007, 14 percent more than in 2006, Italian News Agency ANSA said on Tuesday. … Read More

Hot News Industry News

Toyota sees light – to Launch Diesel Tundra, Sequoia In U.S.

Autoracing1 January 16, 2008

Toyota Motor Corp President Katsuaki Watanabe said on Sunday the Japanese automaker will launch a diesel-powered Tundra pickup truck and Sequoia SUV in the United States soon, in an about-face … Read More

Cadillac sweeps EyesOn Design awards with new CTS
Hot News Industry News

Cadillac sweeps EyesOn Design awards with new CTS

Autoracing1 January 16, 2008

General Motors Corp. continued to collect honors at the North American International Auto Show today, with Cadillac winning design awards for concept and production versions of its CTS. The Cadillac … Read More

Hot News Industry News

Nissan to have its own hybrid by 2010

Autoracing1 January 15, 2008

Nissan Motor Co. is developing a hybrid for 2010 that will provide better acceleration and fuel economy than hybrids on the road today, said Mitsuhiko Yamashita, Nissan executive vice president … Read More

Hot News Industry News

Chrysler shifts ads away from primetime TV

Autoracing1 January 15, 2008

Chrysler LLC is shifting its television advertising dollars to live sports and the Internet and out of primetime programs as the Hollywood writers' strike heads into an 11th week, Bloomberg … Read More

Hot News Industry News

Feel the Green Need for Speed

Autoracing1 January 15, 2008

Click image to watch video Environmentally friendly sports and performance vehicles take center stage at this year’s North American International Auto Show as automakers prove that you don’t have to … Read More

Hot News Industry News

Breakthrough Biofuel Fuel Technology Announced

Autoracing1 January 15, 2008

Click image to watch video At this year's NAIAS, General Motors is announcing their partnership with Coskata, as they believe in taking the first step toward producing a new biofuel. … Read More

Hot News Industry News

Hybrids’ higher cost worries automakers

Autoracing1 January 15, 2008

From plug-in hybrids to biofueled supercars, automakers at the North American International Auto Show say they know how to build environmentally conscious vehicles. What they don't know is how many … Read More

Industry News Rumors

Chrysler seeks partnership

January 15, 2008

UPDATE Chrysler LLC, the least-global of Detroit's automakers, is pursuing a variety of efforts toward its goal of doubling its overseas sales in just four years. The automaker sold 238,218 … Read More

Hot News Industry News

Honda plans 3 new hybrids by 2011

Autoracing1 January 15, 2008

Toyota Motor Corp. may be dominating the U.S. hybrid market so far with the Prius, but Honda Motor Co. has ambitious plans for its hybrid lineup, adding two new hybrid-only … Read More

Hot News Industry News

GM demonstrates commitment to new propulsion technologies

Autoracing1 January 14, 2008

GM showcases HUMMER and Saab alternative fuel vehicles as the corporation announces a new commitment in support of bio-fuel production.

New Volkswagen Passat CC
Hot News Industry News

New Volkswagen Passat CC

Autoracing1 January 14, 2008

Passat CC Just a few days into the New Year Volkswagen is setting off its latest firework with today’s world-exclusive launch of the new four-door Passat CC at the North … Read More

Hot News Industry News

GM invests in ethanol research firm

Autoracing1 January 14, 2008

General Motors Corp. announced Sunday that it has taken a stake in a biofuels research firm that aims to widely market $1-a-gallon ethanol as soon as 2011. "We must radically … Read More

Industry News Rumors

Mercedes-Benz weighs cooperation with luxury rival BMW

January 14, 2008

Mercedes-Benz and BMW face daunting technological and cost challenges from strict European emission standards coming into force, and it makes sense for them to look for ways to work together … Read More

Hot News Industry News

Toyota aims to sell 1M hybrids per year

Autoracing1 January 13, 2008

Toyota Motor Sales (TMS), USA, Inc., held a media reception tonight at the 2008 North American International Auto Show at which Katsuaki Watanabe, president of Toyota Motor Corporation (TMC), announced … Read More

Hot News Industry News

Mercedes’ Smart counts on 20,000 sales at the outset

Autoracing1 January 13, 2008

The head of Smart USA believes he has 20,000 American buyers lining up for Mercedes' boxy Smart two-seaters. "There are more than 30,000 reservations with a $99 down payment, and … Read More

Mazda CX-9 wins Truck of Year award
Hot News Industry News

Mazda CX-9 wins Truck of Year award

Autoracing1 January 13, 2008

Mazda CX-9 The 2008 Mazda CX-9 crossover sport utility vehicle (SUV) was today named the North American Truck of the Year. Determined by 48 automotive journalists from the United States … Read More

Malibu Named 2008 North American Car of the Year
Hot News Industry News

Malibu Named 2008 North American Car of the Year

Autoracing1 January 13, 2008

Bob Lutz poses with the award winning Malibu DETROIT – For the second consecutive year, a car from General Motors Corporation has taken top honors in the North American Car … Read More

Hot News Industry News

Lamborghini CEO sees 5 pct/yr output growth

Autoracing1 January 12, 2008

Production at Italy's sports car maker Lamborghini, a unit of Volkswagen's Audi, is already fully booked for 2008 and will not be increased due to demand, Auto Motor und Sport … Read More

Hot News Industry News

Big 3 try to overcome gloom

Autoracing1 January 12, 2008

Detroit automakers hope to wow the world at the 2008 North American International Auto Show next week with a slew of eye-catching concepts and hot new vehicles. But all the … Read More

Industry News Rumors

Audi mulls its first auto plant in U.S.

January 12, 2008

Volkswagen AG's premium carmaker Audi, the underdog in the German luxury pack, is weighing whether to build vehicles in the United States as part of a plan to more than … Read More

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