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Hyundai vows 50 mpg for U.S. lineup by 2025
Wed, 04 Aug 2010Hyundai's entire U.S. vehicle lineup will achieve an average of 50 mpg by 2025, Hyundai Motor America CEO John Krafcik pledged on Wednesday. Speaking at the Management Briefing Seminars in Traverse City, Mich., Krafcik said Hyundai's U.S.
VW may add small car or SUV to U.S. plant
Mon, 09 Aug 2010Volkswagen may build a small car or an SUV at its new U.S. plant in Tennessee, in addition to the mid-sized sedan that goes into production there next year. VW is considering options for the plant's second product even before it has begun building its first, Tom Loafman, the company's purchasing director, said here last week at the CAR Management Briefing Seminars.
Porsche mulls smaller SUV, sports car
Fri, 19 Nov 2010Porsche may develop a small SUV and a sports car smaller than the Boxster as it aims to double worldwide sales in the next three years. Bernhard Maier, head of sales and marketing at Porsche AG, confirmed that the company is looking into smaller and less expensive models “but we have taken no decision so far.” The small SUV has been code-named “Cajun”--short for Cayenne Jr. The success of the Cayenne SUV has given Porsche confidence to “investigate if there are other opportunities,” Maier said.