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Luxury Automakers Plan to Assemble Vehicles in India to Avoid Import Tax

Luxury automakers try to boost sales in India by assembling the vehicles in this country. As automakers have to pay a 100% import tax to bring luxury vehicles to India, they have decided to manufacture the cars here. Over the past year luxury auto sales in India have begun to increase, therefore automakers have begun to turn their attention to this ...

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Luxury Auto Market Growth in China Down 8.34% in the First Quarter

During the first quarter, premium-car market in China has dropped to 8.34%, representing a decline of 80% compared with the same period last year. The government’s struggle to fight corruption and ...

Michelin Comes With New Agreement for Its French Plants

Michelin plans to implement new rules at its facilities in France, aimed at adjusting capacity and avoiding lay offs, as Europe’s auto market is expected to drop for the sixth ...

Sale of the Nurburgring Race Track Began This Week

The bidding for the Nurburgring race track started this week, and the final price is expected to reach about £100 million. The Nurburgring race track, also known as the Green Hell, ...

Ram Plans to Boost Heavy-Duty Pickup Sales and Dealerships in the US

Chrysler’s Ram director Bob Hegbloom said that the automaker will boost commercial van and heavy-duty pickup sales to government fleets and businesses. As passenger car fleet sales make less profit, automakers ...

[VIDEO] Ferrari F12 Berlinetta with snow cammo to take part in 2013 Gumball 3000

A unique Ferrari F12 Berlinetta with snow cammo will take part in this year’s 2013 Gumball 3000. The 2013 Gumball 3000 is expected to be more interesting than ever especially because ...

[VIDEO] 2014 Corvette Stingray spotted on new Captain America Movie set

The new generation of the 2014 Chevrolet Corvette Stingray has been recently spotted on the set of a new Captain America movie. After it was officially introduced just earlier this year, ...

Navistar RV Sold to Allied Specialty Vehicles

Allied Specialty Vehicles has purchased Navistar International’s recreational vehicle business. As Truckmaker Navistar is currently concentrating on its main business, selling the Navistar RV represents a big step in this direction, ...

Customers Choose Airline Companies to Deliver the Luxury Vehicles

More customers choose the services of airline companies to have their newly purchased vehicles delivered to them. For example, a 1963 Aston Martin, similar to the one seen in the ‘Goldfinger’ ...

Continental Unaware About Schaeffler’s Decision to End 5-Year Agreement

Continental said it did not know about Schaeffler’s decision to end a 5-year-old investment agreement. Schaeffler, the maker of transmission parts and industrial bearings, said it will end a 2008 deal ...

Luxury Automakers Plan to Assemble Vehicles in India to Avoid Import Tax

Luxury automakers try to boost sales in India by assembling the vehicles in this country. As automakers have to pay a ...

Luxury Auto Market Growth in China Down 8.34% in the First Quarter

During the first quarter, premium-car market in China has dropped to 8.34%, representing a decline of 80% compared with the ...

Thieves Stole an Audi RS4 Quattro Avant from Bury St Edmunds Audi Dealership

High-tech thieves managed to steal a grey Audi RS4 Quattro Avant estate two days ago, even if the car was ...

Tata Delays Plans of Building Plant in Thailand

As Tata tries to deal with a drop in demand it has decided to postpone the development of the new ...

Audi Surpassed BMW in India Luxury Auto Sales

Audi managed to surpass BMW and become the largest seller of luxury vehicles in India. Over the past years the luxury ...

GM Stock Surpasses 2010 IPO Price

Today, May 17th, GM’s shares surpassed the offering price from the 2010 IPO, which means that the US Treasury will ...

PSA Workers at Aulnay Plant End Four-Month Strike

Peugeot’s workers at the Aulnay plant accepted to end the 4-month strike held for the plant’s closure. The workers will end ...

Jaguar Plans to Upgrade Its Dealerships in the US

Jaguar plans to refurbish its dealerships in the US as it prepares for a wave of new products. The automaker with ...

VW April Sales Up 7%

VW reported sales up 7% to 784,600 vehicles in April, after a drop of 0.2% in March. "Nevertheless, the market environment ...

Volvo April Truck Sales Down 2%

Volvo sales dropped 2% to 16,572 vehicles in April, compared with the same month last year. Sales in Europe dropped 7% ...

Tesla Plans to Repay Energy Department Loan

Tesla plans to raise $1.08 billion to build cash reserves and repay the loan offered by the Energy Department. CEO Elon ...

Michelin Comes With New Agreement for Its French Plants

Michelin plans to implement new rules at its facilities in France, aimed at adjusting capacity and avoiding lay offs, as ...

George Michael Involved in Car Crash in England

Thursday night, May 16th, George Michael was injured in a car crash which took place on the M1 motorway at ...

Sale of the Nurburgring Race Track Began This Week

The bidding for the Nurburgring race track started this week, and the final price is expected to reach about £100 ...

Fiat Does Not Plan to Move Headquarters to the US

Fiat CEO Sergio Marchionne said that the company does not plan to move its headquarters to the US. "This issue, treated ...

Ferrari joins Lotus in tyre tweak criticism

May 17 (GMM/Inautonews.com) Ferrari has joined Lotus in criticising Pirelli's mid-season tyre tweak. Following early-season criticism, culminating in the furore ...