Archive for July, 2012

Hyundai Motor Company reveals details of HB20

Hyundai Motor Company (KSE: 005380), a South Korea-based automaker, has announced that its Brazilian division has revealed details of the new five-door hatchback, named the HB20. The HB20 stands for Hyundai do Brazil, which indicates that the vehicle is being …

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General Motors Corporation launches strategic growth plan

General Motors Corporation (NYSE: GM), a United States-based automaker, has launched a strategic growth plan, which allows the launch of several new models between 2013 to 2015. According to

Honda Motor Company launches new racing engine HR412E

Honda Motor Company (NYSE: HMC) (TYO: 7267), a Japan-based automaker, has launched its new racing engine HR412E. The engine is to be equipped in the Civic WTCC racing car

Daimler AG to expand production capacity of A Class

Daimler AG (NYSE: DAI) (FWB: DAI), a Germany-based automaker, is expanding the production capacity of its A Class by 100,000 units. The automaker has signed a contract with Finnish

Mitsubishi Motors Corporation reports H1 results

Mitsubishi Motors Corporation (TYO: 7211), a Japan-based automaker, has announced its financial results for the first six months of 2012. During January to June 2012, the company's global production

Audi AG launches R8 V10 plus

Audi AG, a subsidiary of Volkswagen AG (Xetra: VW), has added a new flagship model to its R8 range for the 2013 model year, named the R8 V10

Motor Authority reveals details of Porsche 911 GT3

Motor Authority, an automotive news magazine, has revealed details of the Porsche 911 GT3. The model is to be equipped with a 3.8-litre, six-cylinder engine that delivers 450bhp. It

PSA Peugeot Citroen SA aims to save EUR1.5bn in 2015

PSA Peugeot Citroen SA, a France-based automaker, has announced that its cost-cutting plan will save €1.5bn in 2015. The company is looking at cost cutting because of decreasing vehicle

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