Posts Tagged ‘conglomerates’
When the Panamera arrives next year, it will come bearing two weighty things: a 4.8-liter 520-hp twin turbo V8, and a $197,000 price tag. Beneath that model -- and price -- will be the normally aspirated V8. And to even get into the Panamera party, you'll need $127,000, which will get you a measly 3......
VW to fleet test Twin Drive Golf plug-in hybrid concept in 2010
Thursday, June 26th, 2008
Click above for high-res gallery of the VW Twin Drive GolfVolkswagen CEO Martin Winterkorn has revealed a new concept today called the Golf Twin Drive. The Twin Drive is a plug-in electric hybrid that uses a powerful 82-hp electric motor and a 2.0L turbodiesel producing 122 hp. The electric motor is......
AMG’s future includes hybrids, twin-turbo’d V8
Friday, April 25th, 2008
As we've heard before, the next generation of AMG-massaged Mercs will have to balance high output with low emissions. That means more turbos, less displacement and (gasp) hybrids.The big and bad 6.2-liter V8 won't be around much longer. Instead, AMG is turning its focus towards a new, twin-turbo 5.0......
New York 2008: Milner Motors AirCar lands in Javits Center
Sunday, March 23rd, 2008
Click above for high-res gallery of the flying car from Milner
Our environmentally-attuned brethren at AutoblogGreen pointed us into the lower hall of the Javits Center to check out something they knew we'd love. After wading through the trucks and specialty makers on hand, we reached the Milner Mot......
Hyundai chairman receives suspended sentence
Wednesday, July 4th, 2007
Chung Mong-koo, the man who turned Hyundai around after the Southeast Asian financial meltdown in 1997, has been given a 3-year suspended sentence by an appeals court for embezzlement and breach of public trust. Chung was arrested in April for having a hand in setting up nearly $74 million in slush ......
New VW chief to create PAG-like group for luxury marques
Wednesday, October 4th, 2006
The latest news in the regime change at Volkswagen is that incoming group chief Prof. Martin Winterkorn is planning some big changes in management structure across the entire corporate spectrum.Although several don't operate in the US market, Volkswagen AG has grown to GM-like proportions in the num......
Porsche posts peak profits
Saturday, August 12th, 2006
Porsche's sales figures are in for the 2006 fiscal year, and profits are up by over ten percent to a staggering €7.27 billion. Production grew by nearly thirteen percent over last year, putting out more than 100,000 cars over the year.Some would be inclined to attribute the record sales, profits a......
Porsche posts peak profits
Saturday, August 12th, 2006
Porsche's sales figures are in for the 2006 fiscal year, and profits are up by over ten percent to a staggering €7.27 billion. Production grew by nearly thirteen percent over last year, putting out more than 100,000 cars over the year.Some would be inclined to attribute the record sales, profits a......