Car news

Ford to offer just 50 examples of 2013 Mustang Cobra Jet dragster Ford revealed a slew of new production Mustangs for the 2013 model year to much fanfare at the Los Angeles Auto Show just last month, but now the folks from Dearborn have unleashed the loudest of them all: the 2013 Mustang Cobra Jet. This special, factory-produced dragster will come in two flavors: naturally aspirated 5.0-liter Ti-VCT or force-fed 5.0-liter Ti-VCT thanks to a massive 2.0-liter..

China’s Pang Da ousted from Saab deal? Swedish Automobile’s bid to sell its Saab brand could be getting a shake up as the Bank of China will reportedly replace China’s Pang Da as a major investor in the struggling automaker. Swedish Automobile, also known as Swan, previously arranged to sell 100 percent of Saab to Pang Da and Youngman, but General Motors – which still holds preferential shares in Saab – put the kibosh on that..

Toyota considering Supra successor and sub-86 sports car Toyota is flush with buzz surrounding the company's new 86 sports car, and that could translate into additional performance models if the vehicle's chief engineer has anything to say about it. The Sydney Morning Herald reports that Tetsuya Tada, the mind that brought the Toyota 86 to life, believes there's room in the stable for two additional sports cars. Tada is quoted as saying that while..

Audi sets U.S. annual sales record with a month to spare Audi may not have the market share of its German rivals here in the States, but that dynamic appears to be changing. Audi announced that 2011 is already a record-setting year here in the U.S., besting its 2010 record by Thanksgiving weekend. Audi has already sold 104,906 vehicles through November 30, better than the 101,629 units sold in all of of 2010. December is traditionally a strong sales..

Bosch to invest $94 Million in Serbia for windshield wiper parts Robert Bosch GmbH, the multinational engineering and electronics company headquartered in Gerlingen will invest 70 million euros ($94 million) to build a factory to produce windshield wiper parts and systems. Bosch has already signed the contract with Serbian government. Construction of the factory that is going to employ 620 workers will begin in 2012. “From now on Bosch is also a Serbian..

It’s official: 2013 Cadillac ATS going to NAIAS The North American based automotive giant General Motors has recently announced that its 2013 Cadillac ATS will be officially presented at the upcoming NAIAS. The fact that the new Cadillac ATS will be officially presented to the public at the 2012 NAIAS (North American International Auto Show) isn’t quite a new thing, GM’s confirmation makes the automotive industry look good one more time...

China: 104 million automobiles on China’s roads as of November The Ministry of Public Security’s Transport Administration Bureau reports that there are at least 104 million vehicles on China’s roads as of November. In addition, the Ministry reveals that the number of authorized drivers has now reached 234 million. According to the new report, it results that there is one car / 10 people. Vehicle density is a key indicator to show the maturity of an..

Netherlands: New vehicle sales up 11.8 percent In November, new vehicle sales in Netherlands rose 11.8 percent to 41 264 units. On a year to date basis, there were 538,754 new cars registered, an increase of 14.3 percent compared to the same period of 2010 (Jan-Nov 2010: 471,174 new vehicles). Best-selling brands in November 2011 , the five best selling brands in the month of November 2011 were: 1. Renault (4539 units, +11.0%), 2...

Honda to export more cars from North America Honda Motor Company is seeking to transform its production facilities in North America into an exporting base for overseas markets, as the carmaker tries to expand its production capabilities outside of Japan. The reason for this is the strong yen, which is eating Honda’s profit margins from cars it exports from Japan. “Right now, we are asking the U.S. to take on a lot of our production,..

Mercedes F1 to promote AMG Mercedes-Benz will promote its high performance AMG division through Formula One from next season. As a result, the manufacturer announced today that it will change its team name to 'Mercedes AMG Petronas Formula 1 Team'. "Our new team name fuses the proud traditions of AMG and the Mercedes-Benz Silver Arrows at the pinnacle of motorsport," said Mercedes' motorsport boss Norbert Haug. "These..