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Volvo FMX #9350350

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  • The U.S. Treasury plans to sell its remaining interest in GM

    The U.S. Treasury plans to sell its remaining interest in GM

    The U.S. Treasury plans to sell its remaining interest in General Motors during the 15 months ahead, which will allow the manufacturer to get rid of the image of a company partially owned by the government. GM announced Wednesday its intention to spend U.S. $ 5.5 billion to repurchase 200 million shares currently held by the Treasury by the end of this year. The actions of the giant automobile

  • Launches: Offroad Concept Audi TT and Audi A3 Sportback e-tron

    Launches: Offroad Concept Audi TT and Audi A3 Sportback e-tron

    After the Shooting Brake concept Allroad unveiled at the Auto Show in Detroit in January, with a recurrence Audi TT for Offroad Auto Show in Beijing. This new concept is a cross between a sport coupe and an SUV and he "gives an overview of what we might imagine as a new model of a possible TT family," according to Professor Ulrich Hackenberg, member of the executive responsible for the

  • Paris Motor Show 2012 Paris: the balance sheet

    Paris Motor Show 2012 Paris: the balance sheet

    The crisis of the European automotive industry came trickle down to the level of assistance the Mondial de l'Automobile in Paris. The management of this impressive international Motor Show has announced only 1,231,416 visitors passed through the turnstiles at the Porte de Versailles, or stands this major event. In total, 32,051 fewer visitors than in 2010, a decrease of 25%. Despite everything,

  • Chrysler Canada saw its sales increase by 3% in October

    Chrysler Canada saw its sales increase by 3% in October

    Chrysler Canada said Thursday it had sold three percent more vehicles in October than in the same period of the previous year, representing the 35th consecutive month of growth from one year to another for the manufacturer. Chrysler Canada said its sales have totaled 17,504 vehicles last month, up from 17,049 in October 2011. Increases in sales of passenger cars have contributed most to the

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