Mazda North American Operations (MNAO) and Chase on Thursday announced they have expanded their relationship by signing a multi-year private-label agreement under which Chase will be the exclusive US auto finance provider for Mazda, operating under the brand name Mazda Capital Services which be introduced to dealers and consumers later this year.
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Infinitiand#8217;s volume line, the G series, will get a Mercedes-Benz engine as part the global alliance between Daimler AG and Renault-Nissan, the story AutoWeek blew wide open at the end of March.
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Shares in Ssangyong Motor leaped on Thursday after a local media report late Wednesday said a foreign firm had submitted a letter of intent (LOI) to buy a stake in the struggling SUV maker.
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Jim Marshall--friend, rock photography legend and occasional AutoWeek contributor--died on March 24 in his sleep at the W Hotel in Manhattan.
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Tata Motors has confirmed one of its cheap Nano cars caught fire on Wednesday as it was being driven to a dealer, reportedly the second such incident this year.
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SAIC Motor, China's largest automaker, plans to roll out its first self-developed hybrid car this year, followed by a plug-in hybrid car in 2012, a senior executive said on Thursday.
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Toyota Canada and the United States Transportation Department disagree about when the Canadian unit was first told to repair pedals on several models to avoid unintended acceleration, according to a US newspaper report.
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A senior Toyota Motor executive in the United States warned in an email last January that the automaker needed to "come clean" on a safety defect that caused accelerator pedals to become stuck open, a Japanese media report said on Thursday.
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The final month of the scrappage scheme helped boost new car sales by an annual 26.6% to 397,383 in March, according to the Society of Motor Manufacturers and Traders. Cars bought under the GBP2,000 rebate scheme accounted for 12.2% of the monthly total.
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General Motors global sales last year fell 10.6% year on year to 7.48m units.
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Russian car sales fell just 7 percent year-on-year in March as market conditions improved and the government's new scrappage scheme kicked in, the Association of European Businesses (AEB) said.
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Indian electric car maker Reva's project with the local General Motors unit is on time and the electric version of the popular Chevrolet Spark should be ready by the end of this year, a top executive told just-auto.
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Audi for the first time passed Mercedes-Benz brand in global quarterly new-car sales. The Volkswagen AG premium brand outsold Mercedes brand 264,100 to 248,500 in the first three months.
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Firm's fastest ever road car debuts at Beijing Motor Show later this month
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Ford has announced a new investment programme for its manufacturing operations in Argentina which includes the development of an all-new vehicle.
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Limited-run version heralds the end of Dodge’s venerable supercar
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BMW wants more individual investors to buy its debt and is considering offering bonds in smaller unit sizes in Asia.
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Renault-Nissan's announcement in Brussels yesterday (7 April) of a strategic cooperation with Daimler should garner synergy savings of around EUR2bn for each partner as well as shore up employment.
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