France's strategic investment fund (FSI) is not yet ready to invest in manufacturer Heuliez's electric vehicle project as new owner Bernard Krief Consulting (BKC) has not met necessary guarantees. The FSI had planned to invest 10 million euros ($14.
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General Motors Co. is talking to Beijing Automotive Industry Holding Corp.
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France's strategic investment fund (FSI) is not yet ready to invest in manufacturer Heuliez's electric vehicle project as new owner Bernard Krief Consulting (BKC) has not met necessary guarantees. The FSI had planned to invest 10 million euros ($14.
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Britain is considering cutting the tax on company-owned electric cars to 0 percent, a source familiar with the matter told Reuters on Monday, in a bid to stimulate the market for greener vehicles.
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A consortium dominated by Swedish owners is ready to submit a cash bid for Volvo, the group's CEO said. "We have told Ford that we are ready to submit a cash bid and that we have investors backing this," Peder Fast, Konsortium Jakob AB's CEO, said.
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VW took another step in its integration with Porsche SE after acquiring a 49.9% stake in its sports car business for 3.9 billion euros ($5.8 billion).
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General Motors Co. is talking to Beijing Automotive Industry Holding Corp.
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On the eve of an international climate summit, the EPA today formally declared greenhouse gases to be dangerous pollutants, strengthening President Barack Obama's hand and laying the groundwork for a new 35.5 mpg standard for light vehicles.
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SB LiMotive, a car battery joint venture between South Korea's Samsung SDI and Germany's Robert Bosch GmbH, has agreed to supply U.S. auto parts supplier Delphi with batteries for hybrid commercial vehicles.
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Italy will extend incentives for people to buy less-polluting cars and appliances, Industry Minister Claudio Scajola said on Monday. "In January we have foreseen a measure to continue with the incentives," Scajola told reporters in Brussels.
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On the eve of an international climate summit, the EPA today formally declared greenhouse gases to be dangerous pollutants, strengthening President Barack Obama's hand and laying the groundwork for a new 35.5 mpg standard for light vehicles.
Full story...
Magna Car Top Systems, an operating unit of Magna International Inc. and a global leader of open-air roof systems, announced that it has started production of the soft-top convertible system for the Nissan 370Z Roadster, which is currently being sold in the North American market. Production of the roof system is being completed in Kanagawa Prefecture, Japan.
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Volkswagen is extending its Tiguan model range with a special edition: the Tiguan Track & Avenue. High-end materials predominate in its interior; on the exterior subtle body modifications and 19-inch alloy wheels round out its sporty look.
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Some of the top teams of the World Superbike championship will be present this Wednesday and Thursday at the Ricardo Tormo circuit in Valencia, for some early testing of new bikes and riders.
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The news is optimistic for Kevin Harvick's rear tire changer, Donald "D.J." Richardson. Richardson,37, contracted the H1N1 virus, also popularly called swine flu, on a family visit in Massachusetts over the US Thanksgiving holiday.
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Ron Dennis has scotched rumours suggesting he might be looking to return to the F1 pitwall.
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HVM Racing is planning to test Simona de Silvestro at Sebring, with the possibility of bringing the Swiss driver into the IndyCar Series next year.
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At the Los Angeles, like at most other auto shows around the world, Concept and Prototypes make a small, yet important part of what makes an Auto Show a platform for what car manufacturers have to offer, today and tomorrow.
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All-new diesel and gasoline engines are key reasons why the 2011 Ford F-Series Super Duty maintains best-in-class towing and payload and adds enhanced off-road capability. Managing the increased horsepower and torque is the all-new 6R140 heavy-duty TorqShift® six-speed transmission, which delivers power quickly and seamlessly while maximizing fuel economy.
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An insider has confirmed Auto123.com that Renault SA is determined to sell its Formula 1 team soon, and at least four potential bidders are currently in negotiations with the French car manufacturer to purchase the racing team.
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