by Reuters on October 15, 2013 121 View(s) 0 Comment(s)
German luxury car maker BMW said it is set to sell another record number of cars in China this year, an upbeat outlook accompanied by a separate announcement that it would recall over 25,000 defective cars in the nation in 2014.
by Reuters on October 15, 2013 78 View(s) 0 Comment(s)
TOKYO. - Japan’s Nissan Motor Co will sell its Infiniti luxury brand autos in its home market, seeking to capture growing demand for upscale cars and to better compete with German rivals such as BMW, the Japanese business daily Nikkei reported.
The technologically pioneering Porsche 918 Spyder1) is celebrating its debut at this year’s International Motor Show (IAA) in Frankfurt.
The super sports car with plug-in hybrid drive marks the beginning of a new era for sports car manufacturing. Never before has a super sportscar designed for everyday use offered such an impressive dynamic performance combined with the fuel consumption of a compact car.
by Reuters on October 08, 2013 87 View(s) 0 Comment(s)
BANGKOK - An incentive program for first-time car buyers in Thailand has backfired with more than 100,000 indebted consumers defaulting, leaving the big global manufacturers that dominate Southeast Asia’s largest auto market struggling to defend their margins.
Hyundai Motor Company, the fastest growing automotive company by brand, saw its brand value surge 20.5 percent from a year earlier to $9 billion, marking its higest-ever ranking of No. 43, according to brand consultancy Interbrand’s 2013 Best 100 Global Brands.
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