Automotive News

Thu, 21 Aug 2008 09:14 PM


Oil prices rocketed higher Thursday as traders tracked geopolitical tensions between the United States and Russia, a weak dollar and a large drop in US motor fuel reserves.

Oil prices rocket higher

Thu, 21 Aug 2008 09:14 PM

Oil prices rocketed higher Thursday as traders tracked geopolitical tensions between the United States and Russia, a weak dollar and a large drop in US motor fuel reserves.

Oil prices rocket back above 122 dollars

Thu, 21 Aug 2008 07:59 PM

Oil prices jumped back above 122 dollars on Thursday as traders tracked geopolitical tensions between the United States and Russia, a weak dollar and a large drop in US motor fuel reserves.

Oil price rockets back above $122

Thu, 21 Aug 2008 05:29 PM

Oil prices jumped back above 122 dollars on Thursday as traders tracked geopolitical tensions between the United States and Russia, a weak dollar and a large drop in US motor fuel reserves.

Triumphant nissan tiida gets an ’09 makeover

Thu, 21 Aug 2008 03:42 PM Tags: Middle East , Showrooms , Japanese compact

The new 2009 version of Nissan’s best-selling Tiida compact car will reach Middle East showrooms this summer boasting fresher looks and an improved standard specification

Chevrolet Releases New Volt Images

Thu, 21 Aug 2008 07:53 AM Tags: Chevrolet Releases , manufacture vehicles , public's attention

Chevrolet has unveiled teaser shots of its highly-anticipated Volt electric car

Toyota to cut 2009 sales forecast: report

Thu, 21 Aug 2008 07:29 AM

Toyota Motor Corp. will cut its global sales target for 2009, pushing back its goal of becoming the world's first company to sell more than 10 million vehicles in one year, a report said Thursday.

Ailing US mortgage giants face fresh pressure

Wed, 20 Aug 2008 10:44 PM

US mortgage finance giants Fannie Mae and Freddie Mac saw their share prices plummet Wednesday amid heightened concerns about their ability to ride out the credit crisis without government help.

Speculation swirls around ailing US mortgage giants

Wed, 20 Aug 2008 05:44 PM

Speculation about the stressed financial health of US mortgage-finance giants Fannie Mae and Freddie Mac swirled Wednesday as their share prices further plummeted.

Middle East targeted for supercar investment

Wed, 20 Aug 2008 01:31 PM

Super car manufacturer Koenigsegg is on the lookout for Middle Eastern investors to help it expand production capacity at its high-tech headquarters in Sweden. The company, which makes some of the fastest production cars in the world, is seeking additional funding to support the release of a new four-seat saloon. The m...