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Luxury car price crash in China
Wed, 21 Mar 2012Mercedes in China offering 25 per cent discounts on S Class Mercedes, BMW and Audi are having to offer discounts of up to 25 per cent on luxury cars in China to shift stock. The huge Chinese car market has been seen as a sales salvation for Western car makers; the automotive equivalent of shooting fish in a barrel. But it looks like that’s all changing, particularly at the luxury end of the market.
Design boss plans Hyundai's next big splash
Mon, 11 Jun 2012Every two weeks, Christopher Chapman makes the rounds at Hyundai's Irvine, Calif., design center to see what his team has in the "corner stack." The "stack" is a pile of index card-sized sketches on the corner of every designer's desk. For Chapman, Hyundai's U.S. design boss, it's a way to encourage his designers to keep ideas flowing.
2012 Tesla Model S moves toward production
Thu, 20 Jan 2011WITH VIDEO -- We have new video of Tesla’s Model S sedan, which is supposed to arrive on the market next year. We’ve seen pictures of this car but now it’s actually moving. There are clear views of the sleek, almost Aston-like appearance of this car, and it’s pretty handsome.