Akio Toyoda, President of Toyota Motor today confirmed the shifting of their Lexus production to US soil. Towards this purpose, the company is all set to invest over five hundred million dollars. A production unit in this luxury vehicle is to come up in Georgetown, Kentucky. The president is hopeful that the first of updated sedans from Lexus will roll off the plant by 2015. Toyoda, by the way is the grandson of Toyota Motor’s founder.
When Detroit Electric called a news conference recently to unveil its all-new battery operated vehicle, the news media simply went gaga! This is not surprising given it is years since any manufacturer bothered to use the Detroit logo on their automobile product. The new project is certainly ambitious by any standards and this is what the critics are calling this launch. After all, the battery car market in the U.S. is presently at its best, uncertain. Therefore, the manufacturers are taking a substantial risk in reviving this brand name.
The latest feather in the cap of the fantastic new Volkswagen Golf is its selection as the World Car of the Year at the recently held New York Auto Show. This is the 7th generation model in this series and it proves once again why Volkswagen is the numero uno name in the world of cars. This is an auspicious beginning for bestselling VW Golf which is all set to rock the US soil from the very next year, when it goes for sale in the country.
New V60 R-Design is the sports version of the Volvo Station Wagon, which set the market afire recently. There is an overwhelming demand for this revived version of the good old vehicles, especially among the Gen Y or the Millennial. This is a drastic shift in attitude from the previous generations, which all but abandoned this sturdy versatile vehicle in favor of minivans or more recently the sophisticated SUVs.
Detroit Electric, a leading battery-car company, has been sending out teaser images, giving a hint of unveiling a new electric sports car. The teaser image also reveals aero-efficient body style with energy-efficient LED lighting, which the company plans to incorporate into its new battery-powered sports car. However, though the Motor City manufacturer is already sending out teaser images for what is in store, the same will not yet take place in Detroit, neither at the upcoming New York auto show. Instead, the company plans to announce about a major partnership with a global auto manufacturer at the Shanghai Auto Show next month.
You are currently browsing the Auto Insurance News blog archives for April, 2013 .
