Shanghai Automotive Industry Corporation (SAIC) plans to invest 10 billion yuan in its Nanjing operations by 2015 and has just commenced operations at a new facility.
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Volkswagen is officially creating a company to develop sporty cars, called Volkswagen R GmbH.
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Japanese firm puts faith in British plant to build its groundbreaking electric car
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UK car production rose 62.7% year-on-year to 97,255 units in February, though the comparison is against severely depleted production levels in early 2009 as the industry wound down stocks in the wake of recession and sharply lower orders.
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Under pressure AvtoVAZ is planning a further downsizing of its workforce, but don't expect anything too dramatic on top of reductions that have already happened.
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Porsche sits atop the annual U.S. Vehicle Dependability Study released by J.D. Power and Associates today. The German sports car maker rose from 11th place to lead the annual study of 3-year-old vehicles.
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Sales of cars, trucks and buses in Japan in fiscal 2010 beginning April are expected to drop 4.9% from the previous year to a 33-year low of 4,649,600 units, the Japan Automobile Manufacturers Association (JAMA) has said.
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Pirelli has presented the 'Scorpion Verde', described as the first high-performance eco-friendly tyre for SUVs and Crossovers at the Idiada International Testing Circuit in Barcelona.
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Chinese carmaker Zhejiang Geely Holding is to take a controlling stake in taxi manufacturer Manganese Bronze.
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Indonesia's new vehicle market expanded by 61.4% year-on-year to 55,688 units in February, from depressed sales of 34,506 units a year earlier, according to industry data.
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Chinese customers are getting a little less than for their money when they buy a Rolls-Royce Phantom - around 4cms less.
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Production plans and number of official expressions of interest confirmed for MP4-12C
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Firm's dynamic F1 duo put the MP4-12C through its paces
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Nissan has announced that the Nissan Leaf electric car will be manufactured at its plant in Sunderland, UK, from early 2013.
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Plastic Omnium said it expected a slight increase in 2010 sales as it reported full-year operating margin up to 4.2 percent of sales against 2.6 percent in 22008.
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The UK government announced 360 million pounds ($551 million) in aid to Ford and Nissan for the development of environmentally friendly technologies as the country seeks to become a world leader in ultra low-carbon vehicles.
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Russia's car industry predicts a return to pre-crisis demand levels at around the middle of the decade, although concerns about local suppliers and the high cost of credit remain obstacles to growth.
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Nissan will build the new Leaf electric vehicle at Britain's Sunderland assembly plant starting in early 2013, with initial capacity of 50,000 units. Nissan has already announced production of the Leaf hatchback in Japan and the U.S.
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China's Geely Group is set to increase its grip on lossmaking London black cab taxi maker Manganese Bronze by taking a controlling stake and moving more of the production of the TX4 cab to China.
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