Fisker Automotive will receive a loan totaling 529 million dollars from the U.S. Department of Energy for the development of tow plug-in hybrid electric-vehicles. This loan will provide Fisker with the resources needed to produce the Karma plug-in hybrid sedan and a line of family oriented models being developed under the company’s Project NINA program.
BMW‘s new 5 series has been a recent fascination of the media especially since the pricing announced for the 2011 535i and the 2011 550i are nothing short of great value. Today they have announced that the 528i BMW that is set to go on sale in 2010 will be available for everyone who’s pockets
The demand in the United States has prompted Mini USA to reconsider the original sales philosophy for this limited edition variant of the very popular small hatchback. The rethink isn’t a revolution as only 50 units of the Mini John Cooper Works World Championship 50 will be coming stateside.
The recession has brought plummeting sales figures to Bentley’s records over the last three years. Since Bentley is one of the most popular and most prestigious brands in the business they show nothing but optimism when talking about future sales prospects.
It would appear that the recent blow to Toyota’s image was just a hurt ego as the company has managed a year on year increase of 41% from 132,802 to 186,863 cars moved in the US. The Japanese market has also seen a considerable increase of 51%. The main reason behind this sales phenomenon is
The Kia car manufacturer is planning and executing their new project: the build of an US plant. Even with the recession, Kia is not willing to give up on their strategy so everything will go according to their plans. The actual construction will take place in the next months, at the beginning of 2009. The
