Industry

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...

Ford Falcon future secure until 2016, Holden Commodore future pending

Jan 10, 2012

There’s been a bit of nervous tension lately surrounding the future of Australian-made vehicles, with declining sales of icons such as the Ford Falcon and Holden Commodore only making the tension more unsettling. At the...

Holden Commodore loses top spot in Australian sales for 2011

Jan 05, 2012

The Mazda3 has overtaken the Aussie Holden Commodore as Australia’s most popular vehicle, according to official 2011 VFACTS figures. The Commodore has been the country’s best-selling vehicle for the past 15 years. Holden made 40,617...

US drivers ditch V8 for four-cylinder efficiency

Jul 27, 2011

It appears the home of the brave and the land of the free is fed up with putting their hands in their pockets to power big V8 engines. Yes, US consumers are finally giving up...

Polycarbonate plastic windows for future cars and F1?

Jul 19, 2011

Everyone remembers the late and great Ayrton Senna and his final drive. Sad it may be, but incidents like this are not exclusive to Senna. The FIA Institute has announced it is looking into developing...

EV Connect supplies Fisker with recharging stations

Jun 25, 2011

Fisker Automotive Inc., a car brand that specialises in performance electric vehicles (EVs), has announced a new deal with EV Connect which will see all 47 of Fisker’s showrooms fitted with charging systems. An agreement...