
McLaren P1 made its debut at the Geneva Motor Show in March. Limited to just 375 units, this electric-petrol 903bhp supercar is priced from £866,000 and 250 units have been already sold.

McLaren P1 made its debut at the Geneva Motor Show in March. Limited to just 375 units, this electric-petrol 903bhp supercar is priced from £866,000 and 250 units have been already sold.
Audi will not build a vehicle assembly plant in Brazil until the laws governing what exactly is required to ensure a car is considered locally built are clarified, CEO Rupert Stadler said.
“We are studying now some details, but even the government is not really clear when it comes to localization, what type of parts do they mean?” Stadler told reporters in Puebla City, Mexico, on Saturday.
Among the dry, scrub-covered hills outside the Mexican town of San Jose Chiapa, a plot of land the size of 45 football fields will soon give Volkswagen Group a boost in its effort to become the world’s biggest automaker.
There, executives from VW’s Audi luxury unit on Saturday broke ground on a $1.3 billion factory with a capacity of some 150,000 cars a year. The plant will be instrumental in Audi’s push to topple BMW Group as the world’s No. 1-selling premium automaker.
Not long ago, a black stretch version of the Audi A6 was the unofficial ride of choice for Chinese government bureaucrats.
Even today, rows of the cars are visible outside Shanghai’s municipal training school, where the officials receive instruction and attend meetings.
Toyota Motor Corp. President Akio Toyoda is banking on an overhauled r&d strategy to kick the company his grandfather founded into growth mode after four years of crises. He stated “If you compare it to soccer, it’s like changing the field formation. As the head coach, I have changed us from a defensive formation to an offensive one.”
The strategy will help boost Toyota’s global sales beyond 10 million units a year. In 2007, Volkswagen Group CEO Martin Winterkorn set a similar goal for the group — 10 million sales by 2018.