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Australia's Holden to cease production after 2017, GM says
Wed, 11 Dec 2013General Motors, in the latest blow to Australia's auto industry, will end vehicle and engine manufacturing and scale back engineering operations in the country by the end of 2017. The company's Holden unit, a mainstay in Australia for decades, cited the high cost of manufacturing in one of the world's smallest but most competitive markets and one that has also been upended by a steady rise in imports, mostly from southeast Asia. There has been widespread speculation of the move in recent days and earlier Tuesday, in Australia, GM officials said no decision had been made.
2014 Kia Forte sedan pricing set at $16,700
Thu, 21 Mar 2013UPDATED: The base 2014 Kia Forte sedan will cost $16,700 including destination when it goes on sale next month, fitting slightly below its compact competitors. Kia is touting the 2014 Forte as the least expensive in its class, and the compact sedan does in fact cost $80 less than the redesigned 2013 Nissan Sentra at $16,780, $90 less than the new 2013 Dodge Dart at $16,790 and $225 less than the 2013 Ford Focus sedan at $16,995. The new price is a slight increase from the 2013 model, which cost $16,175 after shipping charges.
Volkswagen’s budget brand close to production (2013)
Mon, 07 Jan 2013VW is approaching the critical phase of its plan to launch a range of aggressively priced base products. How aggressive? Well, we´re looking at €7000 for a four-door family saloon, €7500 for a boxy estate and about €8000 for a basic MPV.