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Porsche boss Mueller: A launch every year, 200,000 sales by 2018
Thu, 24 Feb 2011By 2018, Porsche CEO Matthias Mueller, 57, aims to boost annual global sales to more than 200,000 units, up from 97,000 in 2010. To do so, he will introduce at least one new Porsche every year. Mueller, a former executive at Volkswagen AG, replaced Michael Macht as Porsche AG CEO in October.
Tesla Model S starts at $57,400, tops out at $92,400 when sales start in 2012
Wed, 21 Dec 2011Tesla Motors Inc., the U.S. electric-car maker that plans to build a rechargeable sedan in California, said a top-of-the-line version of the Model S will cost as much as $92,400 when it goes on sale in 2012. Tesla released detailed prices, features and options for the Model S sedan Dec.
Kia teases Chicago-bound Cross GT concept
Thu, 31 Jan 2013Kia has revealed a sneek peek of its Cross GT Concept ahead of its unveiling at the Chicago auto show. The carmaker has said that the Cross GT Concept "hints at the future of Kia's design language in the form of a premium Crossover Utility Vehicle (CUV) that is larger than the new 2014 Sorento." Although the render provides only a limited view, the front end features slim, swept back lamps that flank Kia's signature grille. A jutting chin and coupe-esque roofline add the requisite crossover mashup elements.
