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Loyalty Low Among Hybrid Owners
4/10/2012Only 35% of hybrid vehicle owners in the U.S buy another hybrid when they replace their vehicle, according to Polk, the global auto data provider.
PSA Seeks to Rent Part of Aulnay Plant
4/10/2012PSA Peugeot Citroen, which has rented 23,000 square meters of its underutilized assembly plant in Aulnay, France, is now seeking tenants for an additional 17,000 square meters, Reuters reports.
VW Up! City Car Voted World Car of the Year
4/9/2012A panel of 66 automotive journalists from 25 countries chose Volkswagen AG's Up! city car as this year's World Car of the Year.
Production of Toyota SUVs Begins in Egypt
4/9/2012Cairo-based Arab American Vehicles Co. has begun assembling Toyota Motor Co.'s Fortuner midsize SUV in Egypt.
Abu Dhabi Sells Tesla Stake
4/9/2012State-controlled Abu Dhabi National Energy Co. (TAQA) confirms it has sold its 7% stake in electric car maker Tesla Motors Inc.
Hyundai Goes Fluid With 2013 Santa Fe
4/9/2012Hyundai Motor Co.'s redesigned Santa Fe crossover vehicle features a large hexagonal grille and "fluidic" sculpted body panels intended to create a sense of constant motion.
Russia’s Auto Sales Rise 13%
4/9/2012Carmakers sold 252,800 passenger and light commercial vehicles in Russia last month compared with 223,800 units in March 11, according to the Moscow-based Assn. of European Businesses.
Russia’s Auto Sales Rise 13%
4/9/2012Carmakers sold 252,800 passenger and light commercial vehicles in Russia last month compared with 223,800 units in March 11, according to the Moscow-based Assn. of European Businesses.
Inflation Heats Up in China
4/9/2012Consumer prices in China grew 3.6% in March compared with a year earlier as food and fuel prices jumped, the country's National Bureau of Statistics says.
“Green” Tech Often Not Cost Effective
4/9/2012Many of the "green" models on the market today won't save enough in fuel costs to pay for their higher purchase price within the average six years of ownership, says The New York Times.