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U.S. sales, aided by General Motors, show some real spark in October
Wed, 04 Nov 2009U.S. light-vehicle sales--bolstered by General Motor Co.'s first gain in 21 months--declined less than 1 percent in October as the industry showed signs of a recovery without the aid of government incentives. The drop was the smallest this year and made October the year's strongest month aside from August, which received a lift from the federal cash-for-clunkers program.
Caterham plans to expand lineup under new owner, report says
Mon, 09 May 2011Caterham Cars is growing its sports-car lineup, fueled by new owner Tony Fernandes, according to the Web site of U.K. car magazine Autocar. Fernandes's Team Lotus Enterprise, which owns the Team Lotus Formula One team, also plans to introduce the existing Caterham Seven and SP.300/R models to new markets.
Kia four-door sports sedan concept
Fri, 19 Aug 2011Kia isn't giving much away about its Frankfurt-bound concept car, indeed it hasn't even released its name yet, referring to it as the 'four-door sports sedan concept.' The press release talks of it as 'signalling a distinctive new design direction' for the Korean brand, yet the now-familiar 'tiger-nose' grille and Optima-esque A-pillar/cant rail/C-pillar highlight are very much in evidence. "No matter from which perspective you look at it - this concept car is roaring with energy and ready for take-off," says Peter Schreyer, Kia Motors Chief Design Officer."I believe the car is a strong statement from Kia: we are ready to fast forward to an all new chapter." We'll bring you full details (and hopefully a name) from IAA next month. Photo gallery: Kia four-door sports sedan concept