Beijing Auto and its Swedish partner still aim to finalize plans to buy Saab by the end of the year, an executive of the Chinese carmaker said. Beijing Auto plans to take a minority stake in Koenigsegg, which is buying Saab from GM.
Full story...
Beijing Auto and its Swedish partner still aim to finalize plans to buy Saab by the end of the year, an executive of the Chinese carmaker said. Beijing Auto plans to take a minority stake in Koenigsegg, which is buying Saab from GM.
Full story...
Beijing Auto and its Swedish partner still aim to finalize plans to buy Saab by the end of the year, an executive of the Chinese carmaker said. Beijing Auto plans to take a minority stake in Koenigsegg, which is buying Saab from GM.
Full story...
A total of 115,252 BMW Group cars were delivered to customers in October - a 2.0% increase over the same month last year. BMW also said October saw the first sales increase in a year for the BMW brand.
Full story...
Qatar Holding plans to sell up to half its VW preference shares, but will increase its holding in VW's ordinary shares to 17% to give it the third-largest voting stake in the German automaker.
Full story...
Qatar Holding LLC plans to sell up to 25 million preference shares in Volkswagen AG worth roughly 1.8 billion euros ($2.70 billion) to boost the stock's liquidity, it said on Tuesday.
Full story...
Qatar has sold half its Volkswagen AG preference shares, cashing in on recent gains and raising around 1.5 billion euros ($2.4 billion) for possible future deals.
Full story...
Qatar has sold half its Volkswagen AG preference shares, cashing in on recent gains and raising around 1.5 billion euros ($2.4 billion) for possible future deals.
Full story...
Qatar Holding plans to sell up to half its VW preference shares, but will increase its holding in VW's ordinary shares to 17% give it the third-largest voting stake in the German automaker.
Full story...
BorgWarner has said that it expects US$1.8bn of new powertrain business for the period 2010 through 2012.
Full story...
The first Skoda Superb Estate has rolled off the production line in Kvasiny, Czech Republic.
Full story...
GM has decided to put an extended range electric drive Cadillac concept - the Converj - into production, according to reports in Detroit.
Full story...
Renault, Nissan and their Indian partner, Bajaj, will launch a car in India in 2012 that will cost less than the Tata Nano, the world's cheapest car. Carlos Ghosn said the car's cost would be lower than any other model made in India.
Full story...
Renault, Nissan and their Indian partner, Bajaj, will launch a car in India in 2012 that will cost less than the Tata Nano, the world's cheapest car. Carlos Ghosn said the car's cost would be lower than any other model made in India.
Full story...
The parent of Ford Motor Co. partner Chongqing Changan Automobile Co. has agreed to take over major auto assets from aircraft maker Aviation Industry Corp.
Full story...
The state parent of Ford Motor Co. partner Chongqing Changan Automobile Co. has agreed to take over major auto assets from aircraft maker Aviation Industry Corp.
Full story...
Lear Corp. emerged from U.S. Chapter 11 bankruptcy today under the ownership of its secured lenders and bondholders after four months under court protection.
Full story...
Turkish vehicle production fell 33 percent in the first 10 months of the year to 699,141 units, the Turkish Automotive Industry Association said on Monday.
Full story...
MISSISSAUGA, ON, Nov. 10 /CNW/ - Kia Canada today announced the launch of its Customers Rewards Program. This Rewards Program is the first of its kind being launched in the Canadian automotive industry and is the latest in a series of innovative marketing tools that Kia has pioneered to enhance its customer ownership experience.
Full story...
Automobili Lamborghini are opening a new dealership in Hangzhou and a new showroom location for its Beijing dealership, which has recently been expanded and is now the largest sales outlet for the Raging Bull brand in Asia.
Full story...
The latest auto news, reviews, prices, product and vehicle releases.