Koreans from Kia have published the first photos of the new leader which will be called Magentis (in the market of the USA - Optima). Technical characteristics of this car while are kept a secret till the moment of official presentation (it will take

Audi India is planning to beat rivals BMW and Mercedes to acquire the coveted number one crown in the Indian luxury car market by 2015. The company that ranked in third in the luxury car space (BMW and Mercedes being 1 and 2) intends to triple its

US stocks rose today after the Federal Reserve held benchmark rates near zero and renewed its pledge to keep them exceptionally low for an extended period, this time without additional political statements.
The central bank also pointed to increased

After a mixed day yesterday in Asia the US market has now provided some needed direction, and today we should see a widespread rally.
Dow 10,686.13 +43.98 (0.41%)
S&P 500 1,159.48 +8.97 (0.78%)
Nasdaq 2,378.01 +15.80 (0.67%)
Asian investors held

General Motors announced it would recall 1.3 million Chevrolet Cobalts and Pontiac G5s built between 2005 and 2010. GM will replace the motors on their electric power assisted steering (EPAS). Reportedly, overtime the motors can fail and lead to a

• Obama's Asian trip seen as attempt to restore US influence
US President Barack Obama's second trip to Asia since taking office is unlikely to result in tangible accomplishments, but the two-country sojourn could be an important step in restoring US