Yesterday, we reported that Toyota CEO Akio Toyoda was beginning to feel the pressure of the group's declining global profits. Adding to this, Toyoda-san has expressed concern towards those who label the current line-up, 'boring'.Toyoda told reporters at Wednesday's conference, "until now, there were ...
Earlier this year we reported that Toyota had been toppled as the world's largest automotive manufacturer, making way for Volkswagen AG. According to Toyota Motor Corporation President Akio Toyoda, the brand is now experiencing a sense of crisis due to a decline in profits.Widely attributed to an instability ...
Mercedes-AMG's first ever hybrid-electric performance car, the F1-inspired Project One, is well on its way and will arrive alongside a production version of the highly anticipated AMG GT four-door concept, which will also feature a plug-in hybrid powertrain bearing the new EQ Power+ nameplate.As you ...
Over the past few months, we've seen the Volkswagen Group cut back on a number of racing programmes in an attempt to recover costs related to the diesel emissions scandal. A recent report from Reuters, however, suggests that Europe's largest automaker may well be taking things one step further by ...
Just last week, Volkswagen chief executive Matthias Mueller rejected FCA boss Sergio Marchionne's idea of merging the two titanic companies. After a the company's annual news conference in Wolfsburg, however Mueller mentioned that the brand is open to discussions regarding a possible merger with the ...
General Motors recently sold its Opel brand to PSA but, according to company CEO Mary Barra, revisions to the company's international operations may see even more of the American conglomerate's assets sold off or discontinued.Selling Opel meant that General Motors' global volume decreased by 12% but ...
Audi currently makes plenty of crossovers, from the new Q2 all the way through to the soon-to-arrive Q8. But the Ingolstadt brand's boss reckons there are a few gaps still to be filled.In a recent interview with Car Advice, Audi CEO Rupert Stadler revealed that more crossovers would be added to the ...
In a recent interview with EVO, Toyota Gazoo Racing chief Tetsuya Tada hinted that a successor to the MR2 was in the pipeline. But he also made some interesting comments about the Japanese brand's so-called "boring" products.Tada-san touched on why he believed many of Toyota's products lacked the ...
British Petroleum is known to South African motorists by its distinctive green of forecourts and the company's now introduced a new diesel product aimed at drivers of new, high-tech models.The new fuel has been formulated to deal with the demands of the current generation of oil-burners that require ...
If you were to ask some older folks what they thought was the so-called "golden age" of the automobile, the majority would say the 1960s or even the 1970s, when cars were becoming increasingly more luxurious and powerful and petrol cost nearly nothing. Yet despite this, I have always maintained that ...
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