LONDON (AFP) - Lotus have set their sights on a top-three finish in this year's Formula One (F1) world championship after becoming the first team to unveil their car for the forthcoming campaign.
When Toyota Motor president Akio Toyoda (right) took the rostrum for his opening address on Wednesday at the Tokyo Motor Show 2011, there were moments his emotions got the better of him. And who could blame the man?
Lexus' latest GS is 30mm taller, 40mm wider in front and 50mm wider in the rear than its predecessor. But its length and wheelbase remain unchanged.
General Motors hinted strongly not too long ago that there would be right-hand-drive versions of its American icons such as the Camaro and Corvette.
SEOUL (REUTERS) - The South Korean unit of Renault said on Thursday that it planned to idle its local plant for 10 days in December as the slowing global economy and sluggish domestic sales bite.
AMSTERDAM (REUTERS) - The administrator for Swedish car-maker Saab will ask a court to end its voluntary reorganisation for the cash-strapped company, potentially opening the door for creditors to liquidate one of Sweden's best-known brands.
BEIJING (AFP) - Volkswagen has reportedly received approval to construct a new plant in western China's Xinjiang region, but the German auto giant said it has not yet decided to go ahead with the project.
FRANKFURT (REUTERS) - German carmakers BMW and Audi reported strong sales for November, boosted by demand from emerging markets and for new models.
SEOUL (REUTERS) - Kia Motors, South Korea's second-biggest carmaker, said on Wednesday it plans to raise production capacity at its South Korean plant in Gwangju by a quarter by 2013 to meet rising demand for its Sportage and Soul SUVs.
SHANGHAI (REUTERS) - China's Pang Da Automobile Trade Co will continue talks with various parties including Saab on plans to invest in the crisis-hit Swedish carmaker, it said in a statement.