December 14, 2012

Porsche surpasses previous year's record figures

This year, Porsche AG has delivered 128,978 new vehicles to customers around the world, meaning that the previous year's figure (of 118,868 vehicles in total) has already been surpassed one month before the end of the year. In November 2012, the Stuttgart-based sports

Boeing appoints Pratyush Kumar to lead Boeing business in India

Boeing has named Pratyush 'Prat' Kumar as President of Boeing India, effective December 14, 2012. He joins Boeing with significant business leadership experience and insight into the Indian market, having served in senior executive positions at GE Transportation since

Acura to debut the all-new 2014 MDX Prototype at the 2013 NAIAS

Acura announced that it will unveil a prototype of the next-generation MDX luxury sport utility vehicle during the press days of the 2013 North American International Auto Show (NAIAS), held in

Cyrus P. Mistry to be appointed Chairman of Tata Motors

The Board of Directors of Tata Motors announced the appointment of Cyrus P. Mistry as the Chairman of the Board with effect from December 28, 2012, on the retirement of Ratan N. Tata. The Board conferred on Ratan Tata the honorary title of Chairman Emeritus.

Nissan celebrates two years of Leaf sales with announcement of US battery plant

With two years of Nissan Leaf sales just completed, the company has announced the launch of the United States' largest lithium-ion automotive battery plant in Smyrna, Tenn. The facility - which is making battery components for the ramp-up of production of the

Renault's IS/IT Managing Director Celso Guiotoko receives the 'Transformation' trophy

Following an online vote by the 2,000 members of 'Club 01DSI', the Renault Group's IS/IT Managing Director Celso Guiotoko was named '2012 Information Systems Manager of the Year' in the 'Transformation, class.

This is the 14th consecutive year that the French publication

Norbert Haug concludes his career as Head of Mercedes-Benz Motorsport

After more than 22 years as Head of Mercedes-Benz Motorsport, Daimler AG Vice-President Norbert Haug will conclude his career at the end of 2012. His contract will come to an end by mutual agreement with the Board of Management. Preparations for the forthcoming season

December 13, 2012

Volvo Car Group signs loan agreement with China Development Bank

Volvo Car Group (Volvo Cars) and China Development Bank have signed a loan agreement under the umbrella of the strategic partnership, as announced in the Memorandum of Understanding of April 24, 2012.

The loan agreement is testament to China Development Bank's

Empowering the women on wheels

Remember that our homes, and the other big-ticket item in our personal consumption, usually appreciate in value, while our cars depreciate over a decade or so to near worthless. So, in terms of net consumption, cars are much more important than housing.

Buying a new car

Ford wins two Ward's 10 Best Engine trophies for 2013

Ford Motor Company's fuel efficient 2.0-litre EcoBoost four-cylinder engine is one of two Ford engines this year to win a highly coveted 10 Best Engines trophy from the editors of WardsAuto World. 

The 662 hp 5.8-litre V8 - the world's most powerful production V8 engine

Aston Martin re-opens its doors in Dubai

Exclusive luxury sports car maker Aston Martin has launched its new state-of-the-art dealership near the Burj Khalifa in downtown Dubai.

The opening of the stunning new showroom and aftersales centre comes as Aston Martin relaunches its brand in Dubai, with

 
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