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Brazil does not plan new incentives for automakers
Brazil does not plan to offer new incentives for automakers, but the government has not stopped taking steps to boost the competitiveness of other industries, Trade and Industry Minister Fernando Pimentel said in an interview.Last week Brazil announced a series of tax breaks and promoted credit to help struggling manufacturers and to speed up the country’s weak economic recovery.
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Terrafugia’s Flying Car Makes its Debut at NY Auto Show
Terrafugia’s Transition flying car prototype is all set to be shown off at the New York Auto Show this week. Terrafugia’s Transition flying car prototype took its first test flight recently, bringing the possibility of flying home from work and parking in the garage closer to reality.
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US Auto Industry Steps into the Fast Lane Despite High Gas Prices
Auto industry in the US has been recovering and shifting its track to the fast lane. Even with gas prices at nearly $4, smaller cars like the Nissan Versa, Ford Focus and Fiat 500 flew off dealer lots in March, and have been giving car makers their best monthly sales in almost five years.
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Volkswagen to recruit 800 new workers in Chattanooga
The German automaker, Volkswagen, said it has plans to generate nearly 800 new jobs at its Chattanooga plant, United States, to speed up production of the Passat. Volkswagen said that with the 200 new jobs Volkswagen plant officials said in January it would create, the factory will provide for a total of 1,000 more slots by the end of 2012 as it tries to keep up with demand for the fast-selling Passat.
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U.S. Auto Sales at its Best in Four Years
The rate at which Americans have been buying cars is faster than they have done in four years. The main reason that the analysts are suspecting for the sale jump is the decline in unemployment and improvement in consumer confidence even as gasoline prices topped $4 a gallon in parts of the country.
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Backup Camera Rule Implementation Delayed Until November
The safety regulators said the U.S. rule that may require all cars and light trucks sold in the country to have rear-view cameras won’t be issued by deadline dated Feb. 29, 2012 and may be delayed until after presidential election in November. The government and safety regulators have taken a wise decision on mandating rearview cameras in all passenger vehicles.
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Connect-Vehicle Technology to Prevent Vehicle Crashes
The new connected-vehicle technology enables vehicles to talk to one another and to road infrastructure such as traffic lights. Vehicle-to-vehicle communication allows cars and trucks to communicate with other vehicles in a given area. ‘Each vehicle broadcasts its own speed, making it easier to avoid potential collisions.
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World’s Most Expensive Cars
Which is the world’s most expensive car? Well, the title of ‘world’s most expensive car’ is hard to award. There are a few cars that are priced in Euros or Pounds, which means their prices in U.S. Dollars depend on the day. There have been cars which were expensive but are not available today.
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General Motor Sales in China Unaffected Despite Industry Slowdown
General Motors, foreign automaker giant in China, declared Monday that in 2011, its sales in China hit a record high, regardless of a broader slowdown in the world’s largest automobile market. General Motors Co. and its joint ventures in China set record sales by selling around 2.55 million units in 2011, up by 8.0 percent from the previous record of 2.35 million in 2010.
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Hyundai & Kia Motors Aim at 6.1 Percent Increase in Global Sales
South Korean automaker giants, Hyundai Motor Co. and its affiliate Kia Motors Corp. have set a target of increasing their global sales by 6.1 percent this year. The South Korean automakers have plans to improve quality and invest in research and development for reaching the set target.
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Hybrid Vehicle Manufacturing on the Rise
With a growing global consciousness of environmentalism and carbon footprints, comes the growth and opening of various green industries that haven't previously had a chance. One of those budding green markets is that of hybrid vehicle manufacturing, with production to blossom worldwide with many different countries and companies.
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BMW Races Ahead Of Audi With New 3 Series
Latest automotive news from the constantly changing auto industry reveals stiff competition between auto industry greats BMW and Audi. One of the all-time favorite auto trends, the Audi A-4, now faces some serious threats from the tweaked BMW 3-series.
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Beating Bugatti Hands Down. Hennessey Venom GT
Mirror, mirror on the wall; who’s the fastest of them all ? Before Hennessey’s dream machine, the Venom GT was introduced, no one would’ve …
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BiPod : The Hybrid Raodable Aircraft by Scaled Composites
Realizing the decade-long dream of the company’s founder and former CTO, Burt Rutan, Scaled Composites, the Californian aerospace and specialty composites development company, unveiled …
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Renault Unveils the 100% Electric, Work-Play Car: The Frendzy.
The latest concept car by Renault, Frendzy, making its debut at the Frankfurt Motor Show last week, is all about catering to the needs …
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EU Funded Project MyCopter set to Decongest Cities with Flying Cars
European Cities like Copenhagen have, in the past, been pioneers of green transportation initiatives like wide-scale pedestrianisation and “bike-to-work”. The world has now begun …
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Small, Smart, Speedy Italian Debut: 2012 Fiat 500 Cabrio
A sneak-peak of this Italian smart dwarf on wheels, Fiat 500c, was revealed on 21st April 2011 at New York International Auto Show introduced …
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New-Gen High Speed Rail: Almost-Plane Flying Train Unveiled in China
With the importance of developing High Speed Rail Systems becoming increasingly recognized across the world, this particular initiative takes the rapid-transit concept to a …
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Bentley
The Good, The Fast, The Best With modest beginnings, Bentley Motors was founded by W.O Bentley in 1919 when they launched the first Bentley …
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Making a Beeline for Volkswagen’s all new more-macho 2012 Beetle?
Volkswagen’s iconic Beetle, revamped to be more appealing to the market of male car buyers, takes on an all-new look with a slicker, less …
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Toyota and Microsoft team up for Energy Intelligent Plug-In Cars
Toyota and Microsoft have announced the establishment of their new joint venture – Toyota Media Service Co. – which will function as a Toyota …
