“By shipping cars to China, Shore was illegally trying to take advantage of the so-called 'grey market' of automobiles sales overseas,” said Acting Attorney General Hoffman. “There is incredible demand for luxury vehicles in China, but we have sought …
It comes at a significant cost, in terms of budget and salaries, but the end result is a website that can bring you The Truth About Cars, rather than baseless rumors, photos of celebrity genitalia and other unseemly editorial topics designed to juice …
Fiat Chrysler Automobiles CEO Sergio Marchionne has set even more ambitious targets for Maserati — a fivefold increase in global sales to 75,000 by 2018. Maserati's growth is directly benefiting Chrysler workers in Trenton, Mich., where they …
NEW YORK (TheStreet) — Shares of Tesla Motors Inc. (TSLA) are up 0.94% to $257.60 in pre-market trade after it was reported that the electric car maker will make its first move toward automated driving, joining luxury rivals in offering high-tech …
BMW has set a standard in the world of luxury sports activity vehicles with its popular and sleek X series line. Last week, Prestige Automobiles unveiled the latest in the BMW crossover family — the X4. Coined as a "sports activity coupe," the X4 is …
The company, on the basis of change in net income from the same quarter one year ago, has significantly underperformed when compared to that of the S&P 500 and the Automobiles industry. The net income has significantly decreased by 102.9% when …
The revival of the luxury Maserati brand is a key part of parent Fiat Chrysler Automobiles' plan to return to profit in Europe, along with the relaunch of the Alfa Romeo marque. Maserati's product offensive is the most ambitious yet for the Italian …
Nearly a decade ago, we became a reseller of the ScanGauge — an after-market device to plug into the car's computer to get info such as MPG. Now most new automobiles integrate this into their dash display. We saw a good thing, long before it went …
You may have heard about the Rich Kids of Instagram, an infamous group of ultra-wealthy youth who post pictures of the fabulous cars, glamorous yachts, and watches their parents have purchased for them. Now it turns out there's new competition from the …