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Yearly driving costs rise 3.4 percent
Tue, 05 Apr 2011This won't be a surprise to anyone--it's costing more to own and drive a car. Higher prices for fuel and tires, and a larger drop in the resale value of cars, pushed the average cost of owning a sedan to $8,776 a year, according to AAA of Heathrow, Fla. That's up 3.4 percent from a year ago.
Infiniti 'gunning for 700,000 sales' - Ghosn
Thu, 23 Jun 2011Infiniti is planning to announce a new sales target of 10% global luxury market share - quadrupling sales to 700,000 a year - in a new mid-term statement due this summer. Renault Nissan chief executive Carlos Ghosn told CAR that Infiniti is on line to sell 165,000 cars worldwide in 2011 but said Nissan was investing heavily in its premium division to swell sales considerably. It's an ambitious goal: if successful, Infiniti would be encroaching on the 1m+ territory today dominated by the German luxury brands.
Lamborghini Aventador LP700-4 (2011) at 2011 Geneva motor show
Mon, 28 Feb 2011This is the Lamborghini Aventador LP700-4, the new V12 supercar from Sant’Agata. After months of speculation, leaks and drip-feeding, the Lamborghini Aventador LP700-4 has finally been unveiled on the eve of the 2011 Geneva motor show at the VW’s Group pre-show party. It features an all-new 6.5-litre engine, a carbonfibre chassis and stunning looks.