Rolls-Royce has said that it expects its new “baby Rolls” to double the brand’s output when it debuts in 2010. Rolls-Royce CEO Ian Robertson expects that the brand will double to 1,600 units.
As previously reported, the new Rolls will ride on its own platform, and powered by V8 and possibly V12 engines. The car’s design […]

Thomas Bscher, head of Bugatti, has announced that he will resign from his position. Bscher had been vocal about his desire for a second Bugatti model and future expansion of the brand. When asked about Bscher’s plans for a second Bugatti model or whole product family, Volkswagen Group CEO, Dr. Martin Winterkorn, replied, “That is […]

Volkswagen expects reintroduce its Phaeton luxury sedan to the U.S. market, said Volkswagen spokesman Andreas Meurer during an interview with Bloomberg News. Volkswagen Group CEO Dr. Martin Winterkorn has also stated that VW will only be successful with a product, if it is sold worldwide.
Volkswagen’s previous CEO, Bernd Pischetsrieder, pulled the Phaeton out of the […]

Ford officially announced that it has sold Aston Martin, its luxury sports car brand, to an investment group lead by David Richards, Prodrive founder and chairman. Ford said the deal is valued at $925 million, and it will retain a $77 million stake in Aston Martin.
The new owner of Aston Martin is a consortium […]

Ford has announced the recall of another 155,000 pickups and SUVs to repair a cruise control switch that has already forced Ford to recall nearly 6 million vehicles. In the affected vehicles, the cruise control switch could corrode over time, overheat and ignite.
Ford said the latest recall involved 2003 versions of the F-150, F-250, F-350, […]

General Motors unveiled its new 2.9L V6 turbodiesel engine at the 2007 Geneva Motor Show. The new engine features state-of-the-art piezo-electric injection and a closed-loop combustion technology for low emissions and high performance. The engine uses a variable geometry turbo and its exhaust-gas aftertreatment system includes an oxidation catalyst and a particulate filter. The new […]

Ford expects its luxury Premier Automotive Group to report a profit in 2007, according to Lewis Booth, the head of Ford’s European operations. The Premier Automotive Group is made up of the Volvo, Jaguar, Land Rover, and Aston Martin brands. Last year, Ford announced that it is looking to sell Aston Martin. Current reports say […]

In the saga that is the potential sale of the Chrysler Group, another automaker is said that it is not interested in acquiring the troubled American arm of DaimlerChrysler. Last week, China’s SAIC said it does not have any current plans for any overseas acquisitions. This announcement came in response to a Hong Kong newspaper […]

Ford is committed to its Volvo brand even while it is spinning off another brand in the Premier Automotive Group. “Ford is very supportive when it comes to the development of Volvo cars,” said Volvo CEO Fredrik Arp.
While Ford, which lost $12.7 billion in 2006, is currently only looking to sell its Aston Martin luxury […]

As we reported earlier today, Ford could announce the sale of Aston Martin as soon as this week. According to The Times, Ford is in exclusive talks with Prodrive for the sale of Aston Martin. Prodrive currently runs Aston Martin’s racing team and Subaru’s world rally team. It will enter Formula One with its own […]