The Qatar Investment Authority (QIA) is on an investment spree, bulking up its holdings in several major companies including Royal Dutch Shell Plc (NYSE: RDS.A), Eni SpA (NYSE: E), and Xstrata PLC (London: XTA), and the sovereign fund has already taken a holding Total SA (NYSE: TOT) and is pursuing avenues to invest in Glencore International Plc (London: GLEN), sources reported Friday.
With Mother?s Day right around the corner, TrueCar.com released its list of the top 10 most popular cars for moms on Thursday, and the results of what moms in cars prefer aren?t exactly surprising. The data, which the car sales and pricing website collected over the course of 2011, shows that Honda and Nissan are the two companies with the greatest sway among mothers, with their CR-V and Altima models leading the way. Slightly unexpected, though, is that only one minivan, the Honda Ody...
Investigators are focusing their investigation for missing teen Sierra LaMar on a red Volkswagen Jetta that may be tied to her disappearance.
German car companies won in April as domestic sales rose 2.9 percent, bucking a wider euro zone trend of declining sales, but exports of German-made cars fell substantially last month.
U.S. light vehicle sales increased 2 percent in April to 1.2 million cars on continued high demand for fuel-efficient cars, and sales are projected to continue at a strong clip, maintaining an annualized rate of 14.4 million.
Volkswagen AG (VOWG) reported U.S. sales growth of 38 percent in April, the best sales figures for the month in over 40 years.
German Chancellor Angela Merkel's old Volkswagen wasn't worth the 130,000 euros ($172,100) bogus online bidders kited it to earlier this month, but the first woman chancellor's 1990 Golf finally went to the highest bidder on Monday for 10,165 euros.
Islamist rebel group Boko Haram unleashed another wave of terror in Nigeria over the weekend, attacking police officers in Taraba and opening fire on a university church service.
South Korean automaker Hyundai Motor reported Thursday a profit of 2.45 trillion won ($2.2 billion) in the first quarter, which is up 31 percent compared to the same period a year ago.
German sportscar maker Porsche is bracing for slower sales growth in China this year as the country's premium auto segment loses momentum amid a slowdown in economic growth.
Orders for long-lasting goods sank in March by the largest margin in three years, hurt by falling demand for commercial aircraft, the Commerce Department reported Wednesday.
At the Beijing Auto Show on Monday Lamborghini unveiled their first sports utility vehicle (SUV) in almost 20 years, the Urus, which will cost $200,000 and likely be available for purchase in 2015. Research and development director Maurizio Reggiani revealed details and specs regarding the new model in an interview with Automobile Magazine. Check out the interview and photos of the car here.
Much has been made over the new Lamborghini SUV Urus concept revealed the other day at the 2012 Beijing Motor Show, and it certainly is a striking concept that has fairly successfully merged two seemingly diametrically opposed design aesthetics, that of Lamborghini's low-slung, aggressive supercars and the beloved-by-footballers-and-rap-stars luxury SUV. And the merger makes good business as well as style sense.
Delphi Automotive Plc (DLPH) reported earnings per share of $1.04 for the first quarter of 2012 on Tuesday, up 247 percent since last year, and beating analyst predictions as revenue and income rose for the automotive electronics supplier.
The Auto China 2012 event held in the Beijing capital Monday rolled out an extraordinary line-up of new vehicles from across the world, with global automakers brandishing an impressive combination of luxury and sports in their respective car segments.Among the hoard of exhibits, 120 new models, 74 concept vehicles and 88 new-energy vehicles made their way to the auto show battleground. A total of 1,125 automobiles, including vehicles from Volkswagen, Audi, Nissan, Bentley, Bugatti, SEAT, Sko...
Lamborghini officially unveiled their first sports utility vehicle (SUV) in almost 20 years at the Beijing Auto Show this monday. The impressive new model, which appeared on the trade show floor with a Chinese Red paint job impressively wed Lamborghini's carefully cultivated style with the trappings of an SUV. The car is expected to be available for consumers in three to four years. Check out video and photos of the new Lamborghini SUV here.
U.S. automobile sales last quarter beat predictions for the first time since 2008 as demand for small and fuel-efficient cars, strong fleet sales and pent-up demand drove sales up to 14.5 million cars on a seasonally adjusted annual selling basis, according to J.D. Power and Associates and LMC Automotive.
Volkswagen , the world's second largest carmaker, will invest about 170 million euros ($225 million) building a new plant in Urumqi, western China, capable of making 50,000 vehicles annually starting 2015, the company said on Monday.
Germany's manufacturing sector unexpectedly shrank at the fastest pace in nearly three years in April, denting hopes it can drive growth in the euro zone and
By Ben KlaymanFord Motor Co , seeking to tap into China's growing appetite for brawny sport utility vehicles, will quadruple its offerings in that segment over the next year.
Rumors regarding the possibility of a Lamborghini SUV (sports utility vehicle) called the Deimos have been circulating for a while now. All signs suggest that the luxury car company is set to debut its first SUV, but according to China Car Times, the all-terrain powerhouse will be called the Urus, instead, and it will likely make an appearance at the Beijing Auto Show at the end of April.
Ford Motor Co. (NYSE: F) said Thursday it will build a $760 million assembly plant in Hangzhou as part of a plan to double its production capacity in China by 2015 and catch up with global rivals.