Ford is to spend US$450m on a new assembly plant in Rayong, Thailand, scheduled for completion in 2012, to help it expand in the Asia Pacific and Africa regions.
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The flowing style of Mazda's 'Nagare' design, seen on its concept cars over the past two and a half years, debuts on a production model this autumn - not on a sporty model like the MX-5 or RX-8, but on the new generation Mazda5 people carrier/MPV/minivan.
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SAIC, China's biggest automaker, it will raise up to 10 billion yuan ($1.5 billion) through a share placement.
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Zhejiang Geely is teaming up with Chinese regional asset manager Daqing in its planned $1.8 billion takeover of Ford's Volvo Cars unit.
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The compact station wagon segment accounts for just 3% of the Brazilian car and light commercial market, including SUVs and pickups. Consumers' reluctance to buy them increased with the rise of compact 'monovolume' models like the Chevrolet Meriva and Citroen Picasso and a shortage of innovative wagon models.
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Russia is set to become one of the most significant markets in Europe once it recovers from the downturn, according to a key distributor and dealer.
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Hugely practical MPV gets dynamic new look but ditches Meriva's rear-hinged doors
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Saab has so far used up USD165m of its USD550m loan from the European Investment Bank (EIB) as it continues to restructure under new Dutch owners Spyker.
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Demand for new exec saloon causes four-month waiting list.
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Nissan's Sunderland plant in the north-east of England has started production of a newly developed engine that might create 200 new jobs over the next three years.
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SLS-inspired roadster set for 2011 debut
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Leaked images reveal sportier side to MINI's SUV and fuel rumours of JCW variant
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Latest Fabia Greenline returns 83.1mpg and 89g/km.
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Sketch from consulting website shows potential two-door coupe.
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Russia's car production in the first five months of the year rose by 65 percent to 381,560 vehicles, further cementing the crisis-hit sector's recovery, consultants ASM Holding said on Thursday.
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It hasn't been sold in the United States for the better part of two decades. Its last Grand Prix victory was in the early 1950s. The reliability of some of its cars can be charitably defined as iffy. But it has a history second to none.
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Considering that Alfa Romeo originated in Milan, Italy, it's no surprise that the city plans to spend June 24-27 celebrating the historic marque's 100th anniversary.
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Lighter and more efficient Boxster on the way!
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Lighter and more efficient Boxster on the way!
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Mercedes’ battery-powered gullwing supercar swoops in.
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