Industry

Fiat not buying share in Mazda, will increase Chrysler stake

May 30, 2012

With Fiat set to borrow the next-generation Mazda MX-5 platform for an upcoming Alfa Romeo model, rumours of Fiat buying stakes in Mazda started to spread. Fiat chairman John Elkann has now said that there...

VF Holden Commodore confirmed for US export 2013 Chevrolet SS

May 18, 2012

It’s official, the 2013 VF Holden Commodore will be exported to North America as the new Chevrolet SS. The new model in the US will launch towards the end of 2013. According to GM, this...

Toyota overtakes GM as world’s biggest car company

May 14, 2012

Toyota has overtaken General Motors as the world’s largest car company. The news comes as the 2012 first quarter sales figures come through. General Motors overtook Toyota last year as the world’s biggest car company,...

BMW and Hyundai in talks to co-develop engines – rumour

May 04, 2012

Just about every company is looking for ways to save money, and one way car companies do that is by sharing research development costs. The latest of such relationships could be between BMW and Hyundai....

Australian vehicle sales for April 2012 – HiLux overtakes Mazda3

May 03, 2012

The official VFACTS figures for Australian new vehicle registrations for April 2012 are out, and it’s the Toyota HiLux that has come back on top, overtaking the much-loved Mazda3. According to the figures, 3565 2012...

Infiniti dealership networks in Brisbane, Melbourne, Sydney announced

May 02, 2012

Infiniti Cars Australia has announced the initial dealership networks for Brisbane, Melbourne, and Sydney, including Suttons Motor Group NSW, Penfolds Motors VIC, and A.P. Eagers in QLD. Infiniti, a luxury performance brand of Nissan, will...

Chrysler Q1 profit ($456 million) four times higher than 2011 effort

Apr 26, 2012

Chrysler has posted a first quarter profit of US$473 million (approximately AU$456 million) which is four times what the company achieved in the same period last year – US$116 million. The significant profit increase is...

Audi agrees to buy Ducati for 860 million euros – UPDATE

Apr 18, 2012

Audi has apparently agreed to buy Italian sports motorbike maker Ducati for a sum of 860 million euros (approximately AU$1.085 billion). There were reports floating around speculating the idea, but now it seems Volkswagen Group...

Ford vehicles to shed up to 340kg by 2020 with carbon fibre deal

Apr 13, 2012

Is a carbon fibre Ford Focus on the way? Well, it might sound farfetched now, but under a new co-development deal between Ford and Dow Automotive Systems, carbon fibre is set to be incorporated in...

Lotus fires back at media after various reports and rumours predict future

Apr 12, 2012

Lotus is ripping through media today like a tornado. There’s reports of the company going into administration, reports of CEO Dany Bahar going on ‘leave’ (fired), and rumours of Zhejiang Youngman Lotus Automobile interested in...

Australian vehicle sales for March 2012 shows steady growth

Apr 04, 2012

The official VFACTS figures for March are out, and it’s the Mazda3 out in front once again. The popular small car went to 3818 new homes last month, followed by the Toyota HiLux (4×2 and...

Holden to cut 200 jobs at its South Australian production line

Feb 02, 2012

Just over one week after Toyota Australia announced 350 job cuts, Holden is also reshuffling its operations to cut costs and adjust to the high Australian dollar. Holden says it is reducing the current two-shift...