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Toyoda says company is ‘grasping for salvation', fears big sales loss
Fri, 02 Oct 2009Toyota Motor Corp. President Akio Toyoda said his money-losing automaker is “grasping for salvation” as it struggles to return to profit. The world's largest car company was once targeting annual sales of 10 million vehicles but now expects sales of 7.3 million this year, down from 8.97 million in 2008, Toyoda said today at a news conference.
Buick Envision SUV concept
Wed, 20 Apr 2011Another car that broke cover at Shanghai, was the Buick Envision SUV concept. The Envision is another car that slots into the coverted crossover niche, and was developed jointly by Shanghai GM and the Pan Asia Technical Automotive Center (PATAC). The Envision is said to merge Buick's global design language with Chinese aesthetics for the SUV segment.
Lincoln MKC Revealed. It’s NOT a titivated Ford Kuga/Escape, say Ford
Thu, 14 Nov 2013The production version of the Lincoln MKC Compact SUV (pictured) has been revealed When Ford divested itself of its premier marques – Aston Martin, Jaguar, Land Rover – it left it with little wriggle room to compete in anything but the mainstream car market. Ford in Europe is trying to address that by launching ‘Vignale’ badged cars which promise to offer more ‘Premium quality’ than its mainstream models, and Ford in the US is doing the same thing by trying to reinvent the Lincoln badge as the answer to German premium models. Step forward the new Lincoln MKC, the production version of the Lincoln MKC Concept we saw at the Detroit Auto Show in January..