Henry Ford built his cars for the mass market. Allens, on the other hand, while not luxury cars, were more upscale autos. A low-end Ford could be had for around $400. Allen's 1915 product line was priced from $875 to $1,395. The Allens sold their cars …

The overall range of technological innovations now implemented in the Passat 118TSI and Passat Highline variants has reached a scale previously found only in luxury class cars. More innovation. An innovative feature in this class is the fatigue …

The group said it sold a total 81,600 of its Porsche luxury sports cars in the January-June period. By contrast, sales of its Skoda brand fell by 5.8 percent, but SEAT sales were up 11.5 percent in the six-month period. In the commercial vehicles …

That makes the Kia right at home with the Toyota Avalon, Buick LaCrosse, Chevrolet Impala or Hyundai Azera, a Rotary Club of full-bodied sedans that can approach or even top $40,000 but would no sooner be called “luxury cars” than they would offer a …

He added that the company's European operations have been able to expand the European product line by utilizing vehicles developed in other parts of the world. Meanwhile, Ford and its joint venture partners are in the midst of opening three new plants …

The IMF, on Tuesday, in an update to its World Economic Outlook, or WEO, said that the world economy will grow at 3.1 percent in 2013, at the same pace as last year and at 3.8 percent in 2014. The IMF earlier had projected the world economy to grow at …

“At ASEF we believe that effective policy support can help social enterprises to contribute in developing a sustainable global economy, “said Karsten Warnecke, ASEF's Deputy Executive Director. “Both Asia and Europe have a great deal to learn from each …

St Petersburg (CNN) — China will never grow at its explosive rate again but India is yet to match its GDP output, Russia is lagging and Turkey's potential is being leached by political turbulence, according to participants in an economic panel hosted …

In short, the Fed will keep pumping new money into the system as long as it perceives lingering weakness in the US economy – which many economists see as an unemployment rate above about 6.5 per cent (it is currently 7.6 per cent and that is a figure …