Mahindra and Mahindra is likely to freeze investments in its joint venture with Renault in a move that would see the company cede its majority stake to its French partner, the Economic Times reported.
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Geely founder Li Shufu, China's "Henry Ford," rewrote the automotive history books this weekend with the purchase of Ford Motor Co.'s Volvo car unit.
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In the hunt for vital cost savings in the small car segment, Daimler is willing to blur a line in the sand it has drawn since its 2007 Chrysler divorce. The luxury producer is ready to acquire equity in a volume carmaker again.
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Zhejiang Geely Holding Group, China's largest private-run car maker, agreed on Sunday to buy Ford Motor Co.'s Volvo car unit for $1.8 billion, the country's biggest overseas auto purchase.
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Zhejiang Geely Holding Group, China’s largest private-run automaker, agreed on Sunday to buy Ford Motor’s Volvo car unit for $1.8 billion, the country’s biggest overseas auto purchase. Full story…
In the hunt for vital cost savings in the small car segment, Daimler AG is willing to blur a line in the sand it has drawn since its 2007 Chrysler divorce. The luxury producer is ready to acquire equity in a volume carmaker again.
Full story...
In the hunt for vital cost savings in the small car segment, Daimler is willing to blur a line in the sand it has drawn since its 2007 Chrysler divorce. The luxury producer is ready to acquire equity in a volume carmaker again.
Full story...
Monaco -- A Tesla Roadster has become the first electric vehicle to win the Monte Carlo Alternative Energy Rally and the first to win an FIA-sanctioned competition.
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Fernando Alonso still leads the championship although he finished out of the podium in Melbourne. The rain helped Jenson Button to offer a great show in Australia, taking his first win in Silver.
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Moments earlier, seeing a four-door Porsche made this guy do a quadruple take and curious walk-around. Styling gave the brand away-- though the badging was all obscured by a few hundred kilometres worth of salty, February road spray.
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The prototype of a multifunctional car key was also developed as a means of networking the mobility experience with the driver's lifestyle. The BMW Key is provided with a security chip that provides personalised access to the vehicle as well as allowing the driver to make cashless purchases, while also enabling other functions such as memorising the e-booking for hotel rooms.
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The smart fortwo is part of the roadscape of modern cities and plays a role in shaping their change. New technologies and environmental framework conditions influence the future of urban areas and the way we live in cities.
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Ralf Schumacher (Mercedes) set the best performance of the last day of collective test in Valencia.
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China's Zhejiang Geely Holding Group will sign an agreement on Sunday with Ford to buy the U.S. carmaker's Volvo car unit, a Volvo spokesman said.
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China's Zhejiang Geely Holding Group will sign an agreement on Sunday with Ford to buy the U.S. carmaker's Volvo car unit, a Volvo spokesman said.
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General Motors Co. is recalling about 5,000 heavy-duty vans and stopping production and sales because of alternators that could cause engine fires.
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Mahindra and Mahindra is likely to freeze investments in its joint venture with Renault in a move that would see the company cede its majority stake to its French partner, the Economic Times reported.
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Fiat boss Sergio Marchionne said Italy remains pivotal for the group, despite the planned closure of a large plant in Sicily and expansion abroad to fight a global crisis that has crippled the car sector.
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Fiat expects to increase its holding in Chrysler to 35 percent within two years, CEO Sergio Marchionne said.
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Geely founder Li Shufu, China's "Henry Ford," looks set to rewrite the automotive history books this weekend with the purchase of Ford Motor Co.'s Volvo car unit.
Full story...
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