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BMW Group to invest a billion US dollars in the USA by 2012
BMW recently announced a further expansion with 100 million US dollars going towards buildings for sales, engineering and training at the US headquarters in northern New Jersey. A workforce of around 1,000 will be working at the extended site.
BMW M GmbH Celebrates 30 Years with 300,000 Vehicles
However, it wasn't until 1984 that BMW M GmbH established a new corporate philosophy: the development of high-performance automobiles suitable for everyday road use.
Toyota Accused of Human Trafficking and Sweatshop Abuses
June 18, 2008 6:00:03 PM
Most famous for their investigations against the Gap, Kathie Lee Gifford/Wal-Mart, and the Walt Disney Company, the NLC has issued a report that puts the mighty Toyota Motor Corpor...
Nissan to Showcase X-TRAIL Diesel Prototype at 2008 G8 Summit
June 10, 2008 12:40:00 AM
The X-Trail uses a M9R diesel engine, which was co-developed with Alliance-partner Renault, and uses advanced technologies to deliver high torque and powerful acceleration, in add...
De Tomaso Name And Plant Will Be Sold In June And July
June 9, 2008 2:00:01 PM
Minimum price for both the brand and the plant has been established at € 9.41 million.
Tata or Mahindra to buy HUMMER?
June 7, 2008 4:00:04 AM
GM bankers are known to be talking to both Tata and Mahindra. After pronouncements of a 'strategic review' of HUMMER, them bean counters can't be discussing cake bake-offs.
Volkswagen Working on High-Performance Energy Storage
May 28, 2008 12:00:07 PM
Announced today, Volkswagen Group have entered into a dynamic partnership with Sanyo to develop extremely efficient high-performance storage systems based on lithium-ion technology...
Ford CEO Mulally Earns $22 million
April 5, 2008 6:05:26 PM
Ford Motor Company lost $2.7 billion in 2007. Now the firm reports that CEO Alan Mulally earned himself a cool package of about $22 million in 2007. Unions are up in arms.
Tesla Roadster Headed for Europe
April 3, 2008 2:39:00 PM
Europeans rejoice! The Tesla Roadster will be available for sale in Europe beginning next year, according to the Financial Times. Priced under €100,000, the Roadster will hit E...
MB Design Chief to Retire This Year
March 27, 2008 8:10:11 PM
After fourty years of excellent service, the Chief Designer of the Stuttgart-based automaker will humbly retire this year; at the age of 65.
Millionth Peugeot 207
March 27, 2008 4:52:02 PM
Just two years into its production run, the one millionth Peugeot 207 has rolled off the assembly line.
What Happens Next at Land Rover and Jaguar?
March 27, 2008 4:01:12 PM
Now that Tata Motors has firmed up a deal with Ford to acquire Land Rover and Jaguar, the Indian company can set their eyes on the future.
Ford sells Jaguar, Land Rover
March 26, 2008 12:06:30 PM
It has now been confirmed that Ford has officially sold both the Jaguar and Land Rover brands to Tata Motors. The price has been put at US $2.3 billion and will come in cold hard c...
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