Archive for July, 2012

Daimler AG (NYSE: DAI) (FWB: DAI), a Germany-based automaker, is investing in the European ridesharing community start-up, carpooling.com. The website is transporting one million people per month across Europe. The

Audi AG, a subsidiary of Volkswagen AG (Xetra: VW), is planning to develop a sporty seven-seat MPV for 2016. The vehicle is based on the larger version of the

Lamborghini, a subsidiary of Volkswagen AG (Xetra: VW), is equipping its Aventador with cylinder deactivation technology. The system is to be equipped in the vehicle from 2013. Auto Motor und

Kia Motors Corporation (KSE: 000270), a South Korea-based automaker, is naming its all-new rear wheel drive flagship sedan, Quoris. The vehicle will also be named the K9 in the

Mazda Motor Corporation (TYO: 7261), a Japan-based automaker, is recalling a certain number of Tribute compact SUVs. The recalled models are from the 2001 up to 2006 and 2008

Nissan Motor Corporation (NASDAQ: NSANY) (TYO: 7201), a Japan-based automaker, has reported its operating profit for the first quarter of 2012. The company posted a decrease in operating profit

Toyota Motor Corporation (NYSE: TM) (LSE: TYT) (TYO: 7203), a Japan-based automaker, is planning to increase its 2012 global sales forecast, Yomiuri newspaper has reported. The automaker is increasing

Bentley Motors, a subsidiary of Volkswagen AG (Xetra: VW), has completed its European PR team line up. Kerstin Sachl is named Head of PR, Europe, Tom Housley has been

Fiat SpA (NYSE: FIA) (ISE: IT0001976403), an Italy-based automaker, is launching its Trekking crossover at the 2012 Geneva Motor Show, scheduled for March 2012. The model is based on