New Models Drive McLaren Growth
Jun 25, 2015
The incredible story of McLaren Automotive continues with the announcement of a second consecutive year of profitability four years since the company opened its first retailer. The achievement is considered unprecidented in todays motor industry. The company has also recorded its fourth year of sales growth and is pr ... Continue reading
Renault-Nissan Alliance Sells Its 250,000th Electric Vehicle
Jun 24, 2015
he Renault-Nissan Alliance, the world's leader in zero-emission mobility, has sold its 250,000th electric vehicle: a white Renault ZOE sold to a French engineer. The Alliance reached the historic milestone in early June, 4 ½ years after the launch of the Nissan LEAF, the world's first mass-market zero-emission vehicle ... Continue reading
PSA Peugeot Citroën Signs Manufacturing Agreement with the Kingdom of Morocco
Jun 22, 2015
Under the Chairmanship of His Majesty the King, Mohammed VI, King of Morocco, Carlos Tavares, Chairman of the Managing Board of PSA Peugeot Citroën and Moulay Hafid Elalamy, the Kingdom of Moroccos Minister for Industry, Trade, Investment and the Digital Economy signed an agreement at the Royal Palace in Rabat to bu ... Continue reading
Mercedes-Benz Vans Launches New Mid-size Vito Transporter in Argentina
Jun 22, 2015
Mercedes-Benz Argentina S.A. is launching the new Vito at the seventh âBuenos Aires International Motor Showâ. In addition to the the bestselling Sprinter, which is the established market leader of large transporters in Argentina, Mercedes-Benz Vans is launching another model to target new market potentials i ... Continue reading
Scania signs break-through order for gas buses in South America
Jun 22, 2015
The Colombian city of Cartagena will use 147 Scania Euro 6 gas buses on its new transport system as part of Scaniaâs largest deal to date on Euro 6 gas technology in South America. Cartagena has selected Scania (STO:SCVA) (STO:SCVB) as the exclusive provider for two trunk lines for the cityâs brand new Bus Ra ... Continue reading
Jun 22, 2015
Equifax to offer auto loan payment reporting training at the 2015 NIADA convention ATLANTA, June 22, 2015 -- Equifax Inc. , a global information solutions provider, is expanding its partnership with the National Independent Automotive Dealership Association (NIADA) to support independent and Buy-Here-Pay-Here (BHPH) de ... Continue reading
New DS 5, The UK July 1 Launch
Jun 22, 2015
Officially on sale in the UK from 1 July, New DS 5 is defined by its avant-garde styling. It combines dynamic performance, refinement & attention to detail with a range of advanced technologies. New DS 5 embodies all the attributes of present & future DS vehicles. The DS Automobiles flagship introduces the brands ... Continue reading
Fitch Upgrades GM and GM Financial to Investment Grade
Jun 19, 2015
General Motors Co. said today that Fitch Ratings has raised the credit ratings of both GM and GM Financial to investment grade. With this upgrade, the corporate credit ratings for GM are now investment grade with all major rating agencies. âFitchâs news today confirms that we are delivering on our commitment ... Continue reading
Jun 19, 2015
Elio opportunity available through crowdfunding website StartEngine.com beginning June 19 TROY, Mich., June 19, 2015 -- Elio Motors today announced it has launched a crowd-funding initiative as the next phase in its fundraising strategy. Beginning today, everyday folks now have a new market where they can invest in pri ... Continue reading
Mercedes-Benz GLC from 44,506 euros*: Generation Change with Attractive Prices
Jun 18, 2015
The new GLC is in the starting blocks in a significantly more attractive guise, with enhanced engineering and improved equipment. Customers can order the versatile SUV from 44,506 euros*, which is the same model price as the predecessor. Market launch in Europe will start in September.After the GLE and GLE Coupé, the ... Continue reading
Enterprise Acquires AllCar Rent-a-Car, Carpingo in Brooklyn
Jun 18, 2015
Cygler: "As a family-owned company, we sought a business partner that shared our values" ST. LOUIS, June 17, 2015 -- Enterprise Holdings announced today that it has purchased the AllCar Rent-a-Car and Carpingo brands from Citiwide Auto Leasing Inc. Both AllCar Rent-a-Car, a neighborhood car rental provider, and Carping ... Continue reading
7 in 10 Insurers Unprepared For Potential Disruption Caused By Autonomous Vehicles
Jun 17, 2015
Many do not expect significant impact for at least a decade; Change will usher in industry consolidation and new entrants to market NEW YORK, June 17, 2015 -- Although the automotive and technology industries are moving swiftly to bring autonomous vehicles to market, the vast majority of insurers believe the potential ... Continue reading
Cox Automotive Owner of Kelley Blue Book and Autotrader to Buy Dealertrack for $4 Billion
Jun 16, 2015
Cox Automotive⢠to Invest in Customers and Auto Industry with $4 Billion Acquisition of Dealertrack® Strategically combines two industry leaders known for innovation, customer focus and delivering results Creates broader suite of open solutions that provide greater value to consumers, dealers, lenders and manuf ... Continue reading
Subaru Announces Pricing For 2016 Forester
Jun 16, 2015
Forester 2.5i starts at $22,395 -- New SUBARU STARLINK⢠Safety and Security features -- New STARLINK Audio Systems -- IIHS Top Safety Pick+ rating CHERRY HILL, N.J., June 15, 2015 -- Subaru of America, Inc. today announced pricing for the 2016 Forester, the compact SUV that has become the brand's best-selling mode ... Continue reading
May 2015 Fiat Chrysler Automobiles Sales in Europe
Jun 16, 2015
LONDON -- June 16, 2015: In May, FCA posted a 9% increase in passenger car sales in Europe, outpacing the industry for the fifth consecutive month. The Group was leader in the European A segment for the 29th consecutive month, with the Fiat Panda and Fiat 500 accounting for a combined 29.5% share. The Fiat 500L ranked ... Continue reading
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