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2013 SHANGHAI AUTO SHOW Porsche vies with new Maserati as China grabs luxury limelightApril 22, 2013 06:01 CET Porsche has debuted a revamped version of its Panamera coupe at the Shanghai auto show where it sought to outshine Maserati's all-new Ghibli as both carmakers seek to attract customers in a luxury China market that is predicted to keep growing strongly.... Read More »
2013 NEW YORK AUTO SHOW Jaguar to bring only 30 XKR-S GT sports cars to N.A. 1:54 pm U.S. ET | March 26, 2013  Jaguar is revealing a top-shelf sports car at the New York auto show that promises to be nearly as rare as its feline namesake in North America -- only 25 for U.S. buyers and five more for Canadians.... Read More »
Automakers divvy up product placements in superhero movies 12:34 am U.S. ET | March 9, 2013  Tony Stark, the fictional superhero in Walt Disney's "Iron Man" films, will park the Acura supercar he drove last year in favor of a battery-powered Audi when his latest motion picture opens May 3.... Read More »
Alfa Romeo reboot marks tough road for Fiat recoveryMarch 4, 2013 11:34 CET  Fiat CEO Sergio Marchionne has set himself a tough task to take the sporty Alfa Romeo brand global with more expensive models and triple its sales volume by 2016 -- after years of losses. To make things more challenging, the new Alfas will be built in Italy, where labor and material costs are far higher than in the United States, Asia or Eastern Europe.... Read More »
GROWLIN' -- FOR NOW Sports cars are hot today, but who'll buy them tomorrow? 12:01 am U.S. ET | March 4, 2013  A new SRT Viper and an upcoming Chevrolet Corvette Stingray, Alfa Romeo 4C and Acura NSX. If consumers didn't know better, they might think that all is well in the sports car business. It's not.... Read More »
Alfa Romeo 4C details, pictures released ahead of Geneva debutFeb. 12, 2013 09:01 CET  Fiat released pictures and some technical details of the Alfa Romeo 4C small sports car ahead of the model's debut at next month's Geneva auto show. The rear-drive, two-seat coupe, a car Alfa enthusiasts have dreamed of for almost two decades, retains the styling of the concept car that won acclaim at the Geneva show two years ago.... Read More »
2013 GENEVA MOTOR SHOW Alfa to limit initial sales of 4C sports car for U.S. market 3:01 am U.S. ET | Feb. 12, 2013  Fiat released images and some technical details of the Alfa Romeo 4C small sports car ahead of the model's debut at next month's Geneva auto show. The rear-drive, two-seat coupe, a car Alfa enthusiasts have dreamed of for almost two decades, retains the styling of the concept car that won acclaim at the Geneva show two years ago.... Read More »
Porsche extends CEO Mueller's contractJan. 25, 2013 11:09 CET  Porsche will extend the 3-year contract of its CEO, Matthias Mueller, by one year to October 2014. Mueller, 59, took over the top job at the sports car maker from Wendelin Wiedeking in 2010.... Read More »
Toyota, BMW sign agreement for fuel-cells, sports carJan. 24, 2013 10:59 CET  Toyota and BMW are tightening technical ties with plans to jointly develop a sports car platform, lithium-air batteries and new lightweight materials.... Read More »
Porsche expects Macan to copy Cayenne's success in ChinaJan. 23, 2013 06:01 CET  Porsche is counting on emulating the success of its Cayenne SUV in China when it launches the smaller Macan in the market next year as part of expansion plans aimed at making China the carmaker's No. 1 market.... Read More »
Alfa Romeo brand to re-enter U.S. market in late 2013Jan. 21, 2013 06:01 CET  Fiat-Chrysler CEO Sergio Marchionne has reiterated his intention to reintroduce the Alfa Romeo brand to the U.S. market later this year with the 4C coupe sports car.... Read More »
Alfa Romeo brand to re-enter U.S. market in late 2013 9:11 pm U.S. ET | Jan. 19, 2013  The Alfa Romeo brand will re-enter the U.S. market late this year with its 4C sports car, Fiat-Chrysler CEO Sergio Marchionne said Friday. Increasing Alfa's sales is a cornerstone of Marchionne's plan to cut losses at Fiat in Europe by 2015.... Read More »
Porsche shores up profitability dominance with labor accordDec. 13, 2012 13:49 CET  Porsche will shore up its industry-leading profit margins by cutting the number of labor hours required to produce a vehicle.... Read More »
Fiat counts on Chrysler tie-up to boost MaseratiDec. 10, 2012 15:06 CET  Maserati expects its new Quattroporte sedan to help the brand boost annual sales to 50,000 units. Fiat is investing $1.6 billion in Maserati, hoping technology and dealerships from its tie-up with Chrysler will help the luxury sports car brand to take on BMW and Porsche.... Read More »
NICK GIBBS Aston Martin fans won't be cheered by deal with private equity group 12:01 am U.S. ET | Dec. 7, 2012  The news that private equity firm InvestIndustrial will buy a 37.5 percent stake in Aston Martin won't be well received by fans of the brand. They would certainly have preferred to see contender Mahindra and Mahindra or another carmaker sign the deal.... Read More »
Porsche takes cues from Range Rover Evoque to give a Macan a bolder lookDec. 2, 2012 06:01 CET  Porsche has given its new small Macan SUV a bolder look after seeing the success of the Range Rover Evoque, according to Michael Mauer, the sports car maker's design chief.... Read More »
Renault, Caterham JV will revive Alpine brandNov. 5, 2012 12:34 CET Renault and UK sports car maker Caterham Group will form a joint venture to develop sports cars and plan to launch one model each within four years. The deal will revive Renault's Alpine sports car brand, which ceased production in the 1990s.... Read More »
Porsche expects record year on China, U.S. demandOct. 25, 2012 12:51 CET  Porsche said it expects a record year in 2012 after reporting a 23 percent jump in nine-month operating profit to $2.44 billion, driven by robust demand from China and the United States and strong sales of the Cayenne SUV and new-generation 911 sports car.... Read More »
2012 PARIS AUTO SHOW Jaguar prices F-Type between Porsche Boxster and 911Sept. 28, 2012 12:24 CET  Jaguar is pricing its new F-Type two-seat convertible between the Boxster and 911 sports cars from rival Porsche. The F-Type will start at 73,400 euros ($94,930) in Germany, which is more than the Porsche Boxster S two-seat convertible at 59,120 euros and the cheapest Porsche 911, which costs 88,037 euros.... Read More »
2012 PARIS AUTO SHOW 2014 Jaguar F-Type avoids retro design temptation 3:02 pm U.S. ET | Sept. 26, 2012  The 2014 Jaguar F-Type sports car has finally been officially unveiled to the public. Jaguar designer Ian Callum, charged with creating a successor to the hallowed E-type, has penned an unmistakably British roadster that channels elements of the E without succumbing to the temptation to create an actual retro design. Jaguar executives remain mum on pricing for the moment, but it's clear they're determined to offer potential Porsche Boxster buyers a compelling alternative.... Read More »
Porsche SE wins dismissal of German investor lawsuits over VW sharesSept. 19, 2012 10:04 CET  Porsche SE said it welcomed the decision by a German court on Wednesday to dismiss two investor lawsuits against the holding company alleging market manipulation involving VW shares. The company pledged to fight remaining legal cases "with all rigor," a spokesman said.... Read More »
Porsche may delay new models, cut productionSept. 19, 2012 12:16 CET  Porsche will reduce investment spending and cut costs next year to offset lower-than-expected car sales and maintain its high profitability. "We will possibly delay the one or the other project," Porsche CEO Matthias Mueller said.... Read More »
GM given more time by Spyker to respond to Saab lawsuitAug. 24, 2012 09:38 CET  Dutch sports car maker Spyker said it had agreed to a request by GM to extend the deadline for responding to its $3 billion dollar lawsuit. Spyker is suing GM on behalf of its former subsidiary, Saab, accusing the U.S. automaker of deliberately bankrupting the Swedish carmaker by blocking a deal with a Chinese investor.... Read More »
UK sports car maker Morgan extends dealer network in ChinaAug. 22, 2012 14:23 CET  UK sports car maker Morgan opened a dealership this week in the southwest China city of Chengdu. The automaker now has three stores in the country.... Read More »
Porsche car sales rose 16% in July on German, China demandAug. 14, 2012 12:15 CET  Porsche says it sold 12,391 vehicles in July, 16 percent more than a year earlier on strong demand from Germany and China. Since the start of the year, sales at the German sports-car maker have risen 14 percent to 81,562.... Read More »
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