MILAN (AP) - Italian automaker Fiat, which controls Chrysler, said on Friday that it and subsidiaries will immediately halt sales to Iran, following similar moves by other carmakers under pressure to cut ties to Teheran over its disputed nuclear programme.
BEIJING (AFP) - Ferrari's reputation in China took another blow on Friday when the country's quality watchdog said the luxury sports car manufacturer would have to recall 56 imported vehicles because of a defect.
TOKYO (REUTERS) - Toyota Motor said on Friday it would roll out eight compact car models tailored for emerging markets by 2015 in an attempt to catch up to front-runners such as Volkswagen and General Motors (GM).
BELVIDERE, Illinois (REUTERS) - Italian automaker Fiat is open to expanding its newly announced partnership with Mazda Motor and building the Japanese automaker's vehicles at Fiat and Chrysler factories worldwide.
The world, it seems, has an insatiable appetite for supercars. While Ferraris and Lamborghinis dominate, exclusive hand-built machines with mind-boggling outputs are the desire of 'big boys' who carry more than a couple of million dollars in the zipped-up pockets of their wallets.
It is easier to destroy a reputation than to build one. One gross miscalculation and a company's hard- earned image and respect garnered over the years go down the drain in an instant.
Toyota's Camry has long been a top choice among people who want a big, comfortable executive sedan that is fuss-free and reasonably priced.
To a casual bystander, the new Ducati 1199 Panigale would look vaguely similar to the 1198 it replaces. Yet apart from the fact that they are both red L-Twins, they are very different machines.
WOLFSBURG, Germany (REUTERS) - The management of Volkswagen (VW), Europe's largest carmaker, is growing increasingly critical of the loss-making Spanish division Seat, works council chief Bernd Osterloh said.
PARIS (REUTERS) - PSA Peugeot Citroen unveiled a new sedan for emerging markets and said other pared-down models would follow, as the struggling French automaker seeks to reduce dependence on flagging Western European demand.
