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Volvo to cut 1,000 jobs

Volvo Car Corporation, a Sweden-based automaker, is planning to lay off 1,000 consultants and white-collar workers. The automaker is taking this step as part of its plan to counter decreasing sales and return to profitability in 2013. According to company …

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Volkswagen to launch e-Golf at Geneva Motor Show

Volkswagen AG (Xetra: VW), a Germany-based automaker, is launching its e-Golf electric car at the 2013 Geneva Motor Show. autoforum.cz has reported that the vehicle will be revealed at

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Volvo to launch XC60 at Geneva Motor Show

Volvo Car Corporation, a Sweden-based automaker, is launching its XC60 at the 2013 Geneva Motor Show. The vehicle features a new hood, headlights and grille and an interior with

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Audi to launch RS Q3 at Geneva Motor Show

Audi AG, a subsidiary of Volkswagen AG (Xetra: VW), is launching its RS Q3, a performance-oriented SUV, at the 2013 Geneva Motor Show, which opens next month. The vehicle

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Renault to launch Clio RS 200 in UK

Renault SA (EURONEXT: RNO), a France-based automaker, is launching its Clio RS 200 in the United Kingdom. The vehicle is to arrive at United Kingdom dealerships in June 2013,

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Audi’s new S3 Sportback unveiled

German car manufacturer, Audi, a subsidiary of Volkswagen AG, has unveiled its new S3 Sportback model. Scheduled for its first full public viewing at next month's Geneva motor show,

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Peugeot Citroen reports major loss

PSA Peugeot Citroen, a France based car manufacturer, has announced a loss of €5bn for the 2012 financial year. A €4.7bn asset write-down is largely responsible for the loss,

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Seat to launch Leon SC at Geneva motor show

Seat, a subsidiary of Volkswagen AG (Xetra; VW), is launching its Leon SC three-door at the 2013 Geneva motor show, scheduled to be held next month. The vehicle is

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Alfa Romeo to launch 4C sports car at 2013 Geneva Motor Show

Alfa Romeo, a subsidiary of Fiat SpA (NYSE: FIA)(ISE: IT0001976403), is launching its 4C sports car at the 2013 Geneva Motor Show, scheduled for March. The vehicle is inspired

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Porsche reports January 2013 sales

Porsche AG (Xetra: POR3) (FWB: POR3), a Germany-based automaker, has reported an increase in sales globally for the month of January 2013. The automaker sold 12,061 new vehicles last

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