Determined few keep up Mercury fight with Ford

More than two years after Ford Motor Co. announced it was killing the Mercury brand, some dealers are still fighting with the automaker over termination offers. Ford says roughly 99 percent of the 1,712 Mercury dealerships in business at the time of Ford's June 2010 Mercury announcement have signed termination agreements. That's an increase from 98 percent last July, when 31 dealerships were unresolved. Ford won't...

Carmakers set high production targets

Japan's major carmakers believe passenger vehicle production will reach an all-time high this fiscal year, boosted by output in emerging markets. Production plans already in place will see over 26m vehicles rolled off assembly lines in the 12 months to the end of March 2013, up 16% from the previous year. Assembly is ramping up in markets...

GM plans to revive Electra badge

Automotive business news :  General Motors has applied to register Electra as a trademark, according to the database of the U.S. Patent and Trademark Office. The company had two previous Electra trademarks associated with the Buick division that expired. The first trademark dates from 1967 and the second was issued in 1989. The...

Kia unveils upgraded Sorento CUV - Automotive Business Review

The South Korean automaker Kia motors has unveiled the modified version of the Sorento crossover utility vehicle (CUV), prior to its debut at 2012 Paris Motor Show in September. For the 2013 model year, the weight of Kia Sorento has been reduced by 100 kg from its earlier weight and its maneuverability has also been improved. Kia unveils...

Mazda CX-5 Priced Rp477 million in Malaysia

Automotive Business News - Mazda ready to launch a variant of the all-newcrossover CX-5 in Malaysia. In the State Jiran Mazda CX-5 will be priced starting from 159.5 thousand Ringgit or about Rp477 million. Mazda had already launched the new CX-5 in English or Japaneseautomotive market. This variant is reaping success in the two markets....

Innova, Fortuner Hilux through five million units

Automotive Business News - Car sales in the category Innovative International Multipurpose Vehicle (IMV) Toyota, the Hilux, Fortuner and Innova, from 2004 to March 2012 exceeded five million units worldwide. Managing Officer of Toyota Motor Corporation (TMC) Kazuhiro Kobayashi through a press statement received by AFP on Monday, said that...

All New Camry hybrid version is available

Jakarta ( Automotive Business News ) - Toyota All New Camry was launched not only to design a more elegant, yet friendly environment with a choice of engines including a hybrid variant.PT Toyota Astra Motor offers better performance than previous versions but with a cheaper price quote Rp29 million to Rp30 million."All New Camry sedan is...