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Volkswagen chief: No. 1 in the world by 2018
Wed, 29 Sep 2010Volkswagen chairman Martin Winterkorn reaffirmed his company's ambitious and audacious goals on Wednesday night on the eve of the Paris motor show: pass Toyota and General Motors for the title of world's largest automaker in 2018. Winterkorn was the final speaker after an event that featured unveilings from each of the German conglomerate's brands. He said his company wants to record total sales of 10 million in eight years, which would vault it pass the current levels of global leaders Toyota and GM.
Kia Cross GT SUV Concept arrives ahead of reveal in Chicago
Thu, 07 Feb 2013Kia has revealed their concept for a new large SUV – the Kia Cross GT Concept – ahead of a reveal at the Chicago Auto Show. Underpinning the Cross GT are the same underpinnings the impressive Kia GT Concept we saw at Frankfurt in 2011 had, to create a new SUV that is a chunk bigger than the Sorento (213mm longer with a wheelbase 399mm more) but, thanks to a swooping roofline, is 41mm lower. Power for the Hybrid Cross GT comes from a 3.8 litre petrol V6 and an electric motor which produce around 400bhp and 500lb/ft of torque, driven to all four wheels through an eight-speed auto ‘box.
2014 Chevrolet Volt gets a $5,000 price cut
Tue, 06 Aug 2013General Motors is cutting the Chevrolet Volt's price by $5,000 amid price pressure from rival electrified vehicles. The sticker price on the 2014 Volt, which will arrive at dealerships this month, will be $34,995, including an $810 destination fee. That drops the effective price to $27,495, after applying the $7,500 federal tax credit for the plug-in hybrid.