Is Apple building an iCAR?
The rumour is that Apple has assembled a large team to work on a top-secret project, codenamed ‘Titan’.
Tesla loses money and may lose the market to GM
Tesla Motors ended 2014 with unexpected losses, but don’t worry if you are an investor; Elon Musk has given his assurance that the Electric Car Company heralding from California is on track for record sales in 2015 as new models hit the market.
The Toyota GT86 gets a makeover
The GT86 rolled off the production line in 2012, alongside the BRZ and FR-S, as the lovechild from a joint venture between Toyota and Subaru.
Nissan wants more pie
Nissan are vying for a larger slice of the proverbial pie in the Philippines and they are banking on their partnership with the X-1R Corporation to help maintain the well-deserved reputation for excellence.
The Mustang is going places, literally
For the first time in the iconic Ford Mustang’s 50 years of existence, it will be leaving the shores of North America and heading to other markets. With the first shipload of a hundred Mustang’s leaving Portland and heading to China last month, history was made, and this is just the beginning. The famous pony car will be available in about 120 foreign markets as part of Ford’s new export strategy.
Malaysia to help develop Indonesian national car
Proton Holdings Bhd has signed a memorandum of understanding with Indonesia’s PT Adiperkasa Citra Lestary, witnessed by Malaysian Prime Minister Najib Razak, Proton Chairman Mahathir Mohamad and Indonesian President Joko Widodo during his first and recent bilateral visit to the neighbouring country. Last year, Najib dusted off the longtime proposal for an “ASEAN car” and Widodo had expressed an interest in the idea. The MoU would lead to the more established, albeit struggling, Malaysian national carmaker helping the up-and-coming Indonesia car industry in examining the possibility of manufacturing its own national car. If the feasibility study bodes favourable predictions, the companies will enter into a joint venture.