Between 2001 and 2005, Lexus sold a wagon variant of the IS called SportCross. Sales were not so good, and at that time, Lexus dropped the estate, but now, the Japanese automaker wants to try again the market with a Sport Wagon IS.
The next IS is also likely to only be available as a hybrid, fitting in with the firm's current push towards this technology. It already has two standalone hybrid models, the HS250h and the CT200h.
Most probably the new Wagon will come on market from 2012.
BMW will rely more on a raft of new models than a material improvement in luxury car markets to boost sales in 2010, the world's biggest luxury carmaker said on Thursday.
While the economic crisis will continue to hurt the auto industry, BMW expects its new 5-series, X1 compact SUV and the new offroad Mini Countryman will drive a sales increase in Germany, Brazil, China, India and the United States.
"We fully intend to remain the world's leading provider of premium cars in 2010 and plan to increase sales within the single-digit ...
Nissan today announced U.S. pricing for the 2011 Nissan GT-R supercar, which is on sale now at select Nissan dealers.
For 2011, its third year of availability in the North American market, the Nissan GT-R features a number of enhancements and a simplified model lineup. The previous GT-R base model has been eliminated, leaving the GT-R Premium as the only available 2011 model. Other changes include slightly darker wheel center caps, double clear coat on the front and rear fascias and the addition of rear cooling ducts to improve cooling performance ...
Ford plans to unveil the new Ford Police Interceptor on Friday, according to an internal Ford communication obtained by The News. The car will make its debut to an audience of law enforcement officials at the Las Vegas Motor Speedway.
As The Detroit News first reported last year, the new model will be based on the same platform as the new Ford Taurus . However, it will be built for law enforcement work and incorporate several modifications to meet the special needs of police officers.
The Ford Crown Victoria, which is assembled ...
Autocar succeeded to obtain a series of patent applications with the Porsche Panamera convertible !
Recent comments from Porsche insiders indicated the Panamera convertible had been cancelled, but renewals and fresh patent applications in the United States indicate otherwise.
As shown in these images, the Panamera Convertible will have four doors but without the normal B-pillar!
The design of car’s rear end suggests the roof will be a fabric hood.
The Panamera’s windscreen has been altered with greater rake and, as seen on one of the patent drawings from Porsche in-house designer, Grant Larson, ...
Audi wants to become number 1 in the Indian premium car market in the next five years.
"By 2015, we aim to become number 1 in India. We have told our team in India to work towards that aim. Our efforts, for brand building and developing dealerships for deeper market penetration, are geared towards that," AUDI AG board member Peter Schwarzenbauer told PTI.
Audi stood at number three position in India in 2009 with BMW and Mercedes occupying the first and second ranks respectively in the luxury car segment in the country.
It ...
Zhejiang Geely Holding Group Co. may have to spend at least 10 billion kronor ($1.4 billion) to revive Volvo Cars after buying the Swedish brand from Ford Motor Co., Volvo union officials and board members said.
The figure would be "an absolute minimum" for financing car development, marketing, production and distribution in the next year, and the money needed could be double that amount, Glenn Magnusson, head of the managers' union at Gothenburg, Sweden-based Volvo, said in an interview.
"We still want them to show us that they have the financial strength," ...
The Honda Crosstour caused a storm in the USA when it was initially launched, American consumers really couldn't place the car in the Honda line up, was it to be an SUV or was it to be a wagon or somewhere in between.
It does have the AWD system from the Honda CRV, but it doesnt have the off-road capability of the bigger Pilot. Instead it is trapped somewhere between the Odyssey and the CRV. The Crosstour has since been spotted out road testing in China ahead of a possible launch ...
Daimler AG to expand in China and India to maintain its position as the world's No. 1 manufacturer of heavy trucks, Bloomberg reported today. This move comes after it narrowly held on to that rank last year as its global market share dropped to 11% from 15.2%.
China's FAW Group Corp. overtook Sweden's Volvo AB to reach second place in global truck sales, with the Chinese company's market share increasing to 10.5% from 7.1% against a decline at the Scandinavian manufacturer to 5% from 8.1%, according to Daimler data.
Daimler Trucks is ...
For the first time in years, Toyota dropped from the top 10 list of the best-selling cars in the Chinese market last month amid the Japanese carmaker's recall crisis, China Daily reported Tuesday.
FAW Toyota, the Japanese automaker's joint venture in China's FAW Group, disappeared from the Top 10 sales list in February, according to data released by China Passenger Car Association.
Toyota China recently said its total sales in February rose 30% from a year earlier to 45,400 vehicles, continuing a free fall from 72,000 units sold in January when the ...
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