Skip to content

Category Archives: BUSINESS News

Production Begins for 2013 Cadillac ATS

All-New Compact Luxury Sport Sedan to arrive in showrooms in August The first 2013 Cadillac ATS compact luxury sport sedan intended for public sale was built today at the Lansing Grand River assembly plant in Michigan, culminating a massive design and development project.

TMC Worldwide Cumulative Vehicle Production Passes 200 Million Mark

Toyota Motor Corporation (TMC) announces that in June its worldwide cumulative vehicle production surpassed 200 million units. This milestone took 76 years and 11 months to reach, and began with production of the Model G1 truck in August 1935 at Toyoda Automatic Loom Works, Ltd.’s1 Automotive Department, which was spun off and later became TMC.  [...]

PSA Peugeot Citro?n and Toyota announce a new cooperation on light commercial vehicles in Europe

Toyota Motor Europe and PSA Peugeot Citro?n announce today a new agreement on light commercial vehicles for the European market.  Under the plan, PSA Peugeot Citro?n is to supply Toyota with light commercial vehicles for sale in  Europe under the Toyota brand.

A milestone for Automobili Lamborghini: 1,000 Aventadors produced

The Lamborghini Aventador LP 700-4 today achieved an important milestone in its history, with the 1,000th vehicle produced. The Argos Orange vehicle with chassis number 1,000 rolled off the assembly line, destined for Germany. Its new owner, Hans Scheidecker, received the keys today from Automobili Lamborghini President and CEO, Stephan Winkelmann. The Bavarian architect is [...]

Audi AG appoint new Ducati Board of Directors and Executive Committee

The acquisition of Ducati Motor Holding by Audi AG has been fully completed through its controlled company, Automobili Lamborghini S.p.A. The new Board of Directors appointed the CEO of Audi AG, Rupert Stadler, as President of the Board and Gabriele Del Torchio and Claudio Domenicali from Ducati as Members of the Board alongside Horst Glaser [...]

MINI and PUMA seal a multi-year licence partnership

Joint collection to feature clothing, shoes and accessories for the sporty, urban lifestyle. Munich / Herzogenaurach. Automotive manufacturer MINI and sports lifestyle brand PUMA have signed a worldwide license agreement sealing their partnership over a period of several years. The collaboration brings together two innovative and iconic brands with a long-standing passion for functionality, performance [...]

Audi City: The metropolis cyberstore opens its doors

First digital Audi showroom opens in the centre of London Sales chief Schwarzenbauer: “Visitors can expect a previously unheard-of level of personal customer service.” More than 20 locations in major international cities by 2015 Audi is preparing automotive retail for the future and complementing its dealer network with a new format – Audi City. The [...]

Solid 13% Q2 sales increase for Toyota and Lexus vehicles in Europe

Toyota’s European-built core models up 11% in Q2 (Yaris up 39%, Avensis up 13%) Toyota Prius gains 8% in Q2 All-new Lexus GS range more than doubling 2011 full year sales in Q2 Against backdrop of contracting automotive market in Western Europe by 8% Toyota Motor Europe (TME) posted a 13% sales increase in the [...]

NISSAN ANNOUNCES 5% INCREASE IN EUROPEAN SALES

First six months over 18,000 units up on 2011 despite challenging market At the halfway point of the 2012 Calendar Year Nissan is bucking the trend of depressed demand in the European car market by posting a 5% rise in sales over 2011.

Renault-Nissan to provide 15,000 vehicles in exclusive international contract with Danone

PARIS, France – July 2 – The Renault-Nissan Alliance will provide 15,000 vehicles in an exclusive fleet contract with the Paris-based nutritional food company Danone. The first-of-its-kind deal for the Alliance provides a full range of vehicles to Danone in 25 countries for at least five years.