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First look at the redesigned BMW 3-series wagon
Mon, 14 May 2012BMW has revealed the wagon version of the fifth-generation 3-series. The company says that the new 3-series Sports Wagon, known as the 3-series Touring in Europe, will reach U.S. showrooms about a year from now.
GM moves Korean design studio to Seoul
Tue, 20 Apr 2010General Motors is moving its Korean advanced design studio from Incheon to the trendy Gangnam district of Seoul. The studio, one of 10 design studios worldwide for GM, employs 30 designers. It has prime responsibility for GM's small cars, such as the Chevrolet Aveo, Spark and Cruze.
Chrysler first-quarter profits down
Mon, 29 Apr 2013Chrysler Group said net income fell to $166 million in the first quarter as costs of two large product launches crimped the automaker's seventh consecutive quarterly profit. Profit fell 65 percent from the $473 million posted during the same quarter of 2012, Chrysler said in a statement today. First-quarter revenues dropped 6 percent to $15.4 billion.