March 15th, 2011
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February 12th, 2011
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Fall of Toyota Q3′s Operating Profit
Toyota is the world’s biggest
automaker for past three years, by manufacturing 3.28 million vehicles in Japan last year, compared with 992,000 by Honda and 1.13 million by
Nissan. Toyota’s October and December operating profit was ¥99.07 billion; down from ¥189.1 billion in the same period a year before. Its net profit fell 38.9%, to ¥93.63 billion. Till 31st March, the world’s biggest automaker lifted its forecast for
August 5th, 2010
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The perfect fuel economy has nowadays become a major concern of almost every auto developing and on this issue Hyundai has revealed some really exciting announcement. This Tuesday the company said that it has a goal of developing a lineup of cars and trucks with an average fuel economy of at least 50 miles per gallon by 2025.
Hyundai Motor America CEO John Krafcik while speaking at the Management Briefing Seminars in Traverse City, Mich. Stated that “Getting to 50 mpg and beyond seems like a huge leap, but by making this commitment and aligning our r&d initiatives now, we know
Porsche has started the production of its most amazing sports car the 918 Spyder which is one of the highly anticipated models announced by the company. The Porsche Spyder concept was revealed on the Geneva motor show and now the company has green lighted the development of this model.
This latest Hybrid version of Porsche is going to be developed first in the limited editions and then may be the range of development will be increase, according to Michael Macht, president and chairman of the board of management of Porsche AG “Production of the 918 Spyder in a limited series proves
BMW has recently announced that they are going to sign a six years partnership with United States Olympic Committee (USOC) from now through 2016. It has also been announced that BMW will now be the official mobility partner of four other National Governing bodies and these are: USA Bobsled & Skeleton, US Speedskating, USA Swimming and USA Track & Field, the areas where BMW is going to support these parties includes: track and field, swimming, speedskating, and bobsled and skeleton.
Reports are also saying that BMW is going to be the first foreign carmaker to sponsor USOC; according to the USOC