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GM to build Cadillacs outside the U.S.
Tue, 07 Jun 2011General Motors CEO Dan Akerson said Tuesday that the company plans to begin building Cadillacs outside the United States by the end of 2012 as part of its plan to make GM's premium brand a true global nameplate. Akerson said overseas Cadillac production would reduce the risk of foreign-currency fluctuations and allow GM to better manage its supply chain. Although Cadillac long has been sold in China and other international markets, it's produced only in North America.
Ferrari electric 4×4 confirmed
Tue, 03 Nov 2009The next generation Ferrari 612 will be offered with an electric 4x4 option. Six months ago we reported that Ferrari were working on a four wheel drive system utilising electric motors to drive the front wheels. But Ferrari’s raison d’etre isn’t really about economy – although even they have to pass a nod to current eco concerns – rather about performance and handling.
Chrysler, Hyundai set pace as auto sales rise 11 percent
Wed, 01 Feb 2012Chrysler Group, Volkswagen Group, Hyundai and Kia set the pace as U.S. light vehicle sales rose 11 percent in January from a year ago, signaling the industry's recovery is gaining traction. Chrysler's sales advanced by 44 percent last month, and volume climbed 40 percent at the Volkswagen Group.

