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Thursday, February 9, 2012

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BMW's U.S. output could hit 300,000 units in 2012

BMW will likely make more than 300,000 vehicles in the U.S. for the first time in 2012, Ludwig Willisch, CEO of BMW of North America, said. This would represent an increase of 8.7 percent from the 276,065 vehicles the company said it made there last year. Read More »

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2012 GENEVA AUTO SHOW:

Opel returns to its cycle maker roots with electric bike concept

Opel will return to its historic roots at next month's Geneva auto show when it unveils an electric bicycle concept, along with its new Mokka small SUV and a high performance Astra compact car. Read More »

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2012 GENEVA AUTO SHOW:

Morgan will unveil electric roadster concept with manual transmission

British sports car maker Morgan will unveil an electric version of its retro-styled roadster with a manual transmission at the Geneva auto show. Read More »

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VW said to consider Proton partnership for Malaysia car hub

VW is said to be considering a partnership to produce cars at Proton factories in Malaysia in a bid to target markets in Southeast Asia. The move comes as VW's partner in the country, DRB-Hicom, agreed last month to buy 43 percent of the Malaysian automaker. Read More »

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Daimler fourth-quarter profit grows 39% on strong Mercedes sales

Daimler reported a 39 percent increase in fourth-quarter profit, boosted by demand for the revamped Mercedes M- and C-class models. Earnings before interest and taxes gained to 2.18 billion euros ($2.9 billion) from 1.56 billion euros a year ago, the automaker said. Read More »

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