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Audi opens ‘Terminal’ Showroom in India

Audi opens a 'Terminal' Showroom at Audi Kochi in India [ad#ad-1] Premium car makers have always had very modest sales in India. Despite some wealth in the past, there was never really the prospect of a big premium car market in India, particularly with the huge import duties on cars. But things are changing.

Lincoln shows restored 1934 Edsel Ford Speedster at Pebble Beach

Lincoln unveiled Edsel Ford's restored 1934 Model 40 Special Speedster on Friday during a ceremony on the lawn at Pebble Beach. The one-off car, lost for more than 40 years, was acquired by the Edsel and Eleanor Ford House in 2009 and treated to a complete restoration. According to the company, Edsel Ford originally commissioned the Speedster after visiting Europe and growing enamored of the small sports cars on the continent.

Saab says asset sale to BAIC gives it cash for a fresh start

Saab believes that a deal to sell some key assets to Beijing Automotive Industry Holdings Co. will help secure the money-losing automaker's future. "The money will finance the new Saab and contribute to a good start under new ownership," Saab spokeswoman Gunilla Gustavs said without revealing financial details of the deal.