| Wholesale Prices Rise |
Jan 11th, 2013 |
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 Wholesale used vehicle prices rose 1.2 percent in December, but finished the year down slightly.
The Manheim Used Vehicle Value Index, which adjusts prices for mix, mileage and seasonality, closed out the year at 124.1.
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| Volkswagen Passat Performance Concept Packs 250-HP Turbo-Four – 2013 Detroit |
Jan 11th, 2013 |
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With 117,023 units sold during 2012, the Volkswagen Passat experienced its best sales year ever and it did so with I-5 and V-6 engine options, as well as a diesel. That lineup could change if VW decide to produce the Passat Performance Concept, which features sporty styling elements and a turbocharged 250-hp I-4 engine. VW [...]
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| 2013 SRT Viper Production Begins, First Car Auctioned for Charity |
Jan 11th, 2013 |
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In a ceremony at its Connor Avenue Assembly Plant, Chrysler celebrated the start of production of the 2013 SRT Viper. The very first customer car, with its VIN ending in 001, was also presented to owner Scott Thomas. He won the car after bidding $300,000 at a Barrett-Jackson auction in 2012; the profits from that [...]
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| Modified Toyota Prius C, GT86, Yaris Hit the Tokyo Auto Salon |
Jan 11th, 2013 |
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At the upcoming Tokyo Auto Salon, Toyota will show a variety of modified cars ranging from tweaked hybrids to full-on race cars. The first of the modified cars is a two-door Toyota Yaris hatchback (known as the Vitz in other markets) that Gazoo Racing has tweaked for race duty. Beneath the short hood, a turbocharged [...]
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| Cross-LoC trade Pak army stops entry of Indian trucks |
Jan 11th, 2013 |
POONCH (J&K): The Pakistani army on Thursday refused to allow trucks from India carrying goods at cross-Line of Control trade point in Poonch district ...
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| Beloved vintage cars star in `Gangster Squad |
Jan 11th, 2013 |
This undated publicity photo released by Warner Bros. Pictures shows, from left, Ryan Gosling as Sgt. Jerry Wooters, Josh Broslin, as Sgt. John O'Mara, Michael Pena, as Officer Navidad Ramirez, ...
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| Ford Motor Company Hiring 2200 Salaried Workers In 2013 Building On The 8100 Hired In 2012 |
Jan 11th, 2013 |
Ford Motor Company (NYSE:F) will hire 2,200 salaried workers this year, its biggest such move in more than 10 years, to fill positions in product development, manufacturing and information ...
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| Honda cuts 800 jobs at Swindon as European car sales slump |
Jan 11th, 2013 |
Honda is cutting 800 jobs in Swindon as the shrinking European car market forces the company into its first ever UK job cuts.Honda blamed the slump in European sales as it announced it will cut its ...
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| Video General Motors to open tech centre in Georgia |
Jan 11th, 2013 |
General Motors will buy a former UPS facility in suburban Atlanta and open an information technology center. It's expected to create 1,000 high-tech jobs and includes an investment of ...
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| Skoda Auto reports record sales in 2012 |
Jan 11th, 2013 |
PRAGUE -- Czech carmaker Skoda Auto AS says its unit sales rose by 6.8 percent in 2012 to reach a record high.Skoda Auto, which is owned by Germany's Volkswagen AG, says in a statement Friday ...
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