Nissan has welcomed news that the UK government is to grant up to GBP5,000 (US$7,790) in electric vehicle incentives - albeit with several caveats.
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Supermini subjected to makeover by world’s biggest VW tuning firm.
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MUNICH (Reuters) -- German ball bearings and clutch maker Schaeffler could begin at the end of next year a merger process with Continental AG, the auto parts supplier in which it controls just over 75 percent.
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Buyers in the States to pay £26,450 for range extending Volt.
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The UK government will commit £43 million ($66.73 million) over 18 months to subsidize the uptake of electric cars.
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£5,000 electric car grant survives government cuts and begins in January.
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UK drivers are to receive a GBP5,000 (US$7,790) grant towards the purchase of electric vehicles after a review of previous spending commitments by the new British government saw the incentives given urgent priority.
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General Motors may be reviving plans to build cars in Russia as a partner of that country's second largest automaker, GAZ, local media reports said on Wednesday.
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Spanish firm confirms UK prices will start at £12,070.
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PSA Peugeot Citroen has booked first half operating income of EUR1,137m compared with a EUR826m loss a year ago on revenue up just over 20%.
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PSA warned its second-half performance would be hampered by a tougher economic environment, sending its shares lower even though it swung to a first-half profit.
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Visteon's reorganization proposal has divided creditors owed at least $2.8 billion. Bondholders, who are sponsoring the plan, would own 95 percent of Visteon, with current shareholders getting the rest.
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The sedan's fuel sensor can become wedged against the tank, according to the National Highway Traffic and Safety Administration.
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It's turning out to be another memorable year for Audi and CEO Rupert Stadler. Under Stadler's guidance, Audi is on course to finish the year with global sales of more than 1 million vehicles, beating its previous record of 1,003,469 set in 2008.
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Daimler is giving Smart more autonomy and has appointed Annette Winkler to lead the microcar brand. Winkler is the first woman to head a brand at the German automaker.
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UK-based TI Automotive Ltd. says a fuel-systems contract it secured with Mercedes-Benz marks the largest with an individual company in the British supplier's history.
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