Saad Chehab -- Maserati's global chief marketing has resigned.Mr. Chehab, 48, resigned Sunday afternoon for personal reasons. He joined Fiat Chrysler Automobiles' luxury brand in November 2013 after serving as head of the Chrysler and Lancia brands and director of advertising and brand marketing for Chrysler Group.At Maserati, he was assigned with the job of increasing the brand globally. In 2014, he used the Super Bowl to get attention to Maserati's new entry-level sedan, the Ghibli.Chehab was widely credited as the creative force behind Chrysler's highly successful Super Bowl...
A woman sold her car for $700 and received later more than $780 speeding offences instead. This happened in Australia, Adelaide when Ashleigh Kay sold her old car to a homeless woman, the last thing she expected was to be slapped with the new owner's $786 speeding fine."When she filled out the paperwork she did not write an address because she did not have one," Ms Kay told. She accepted the woman's driver's licence number on the transfer forms as identification.The homeless woman bought the car at 10pm on Friday, and by 9am had received more than $750 in driving offences...
Volkswagen has apologised and ordered an external investigation to find the deception on US emissions tests to make its vehicles appear less polluting.Martin Winterkorn, chief executive of the German carmaker added: “I personally am deeply sorry that we have broken the trust of our customers and the public. We will co-operate fully with the responsible agencies, with transparency and urgency, to clearly, openly and completely establish all of the facts of this case.”The Environmental Protection Agency declared that many of Volswagen Passat, Beetle and Audi A3 sold in US market has ...
Honda's CR-V is setting sales records, but the Buyers are prefer more the Accord and Civic sedans.Honda U.S. sales fell 6.9% in August, its result was not bad as the record sales of their competitor Toyota. The buyers are choosing more the automakers' SUVs, that shift has been a hugely profitable advantage. But Honda, like Toyota, has long relied on sedans for the bulk of its sales in the U.S. Honda's Accord and Toyota's Camry have long been among the best-selling vehicles in America -- but sales of both are down in 2015.The Accord has been especially hardly dropped. Sales...
In June, the National Automobile Dealers Association (NADA) rates making cars more expensive to finance, a drop in used car prices and to keep cars longer. A projection by Bank of America Merrill Lynch indicated that auto sales could rise to 20 million new cars by 2018. The less-good news for the automakers is that the analysts expect “a very significant downturn after that.”Americans are buying more cars now, the number of miles driven today is down about 6.7% compared with June 2005. On the basis of just total miles driven, in August U.S. drivers posted a new record of nearl...
