Banque PSA Finance unit PSA Finance Nederland BV (PFN) has acquired Bank of China's 50% stake in Dongfeng Peugeot Citroen Automobile's (DPCA) vehicle financing unit, increasing its holding to 75%, law firm Gide Loyrette Nouel said in a statement.
Full story...
China's Wonder Auto Technology plans to enter the electric vehicle business by September, aiming to add a new source of earnings to its core autoparts operations.
Full story...
Shanghai GM Dong Yue Motors, a joint venture by Shanghai General Motors, General Motors China and Shanghai Automotive Industry Corporation Group (SAIC), has started building its new plant in the Yantai Development Zone.
Full story...
Shanghai GM Dong Yue Motors, a joint venture by Shanghai General Motors, General Motors China and Shanghai Automotive Industry Corporation Group (SAIC), has started building its new plant in the Yantai Development Zone.
Full story...
After six months, the U.S. automaker's registrations are down 3.9 percent to 716,900 vehicles in the company's main 19 European markets.
Full story...
Ford of Europe's sales fell for the third-consecutive month as June volumes decreased by 8.3 percent to 118,800 units. After six months, the U.S. automaker's registrations were down 3.
Full story...
Thailand's Interhides (IHL) is expanding its car seat cover operations in response to stronger demand from domestic and overseas automakers.
Full story...
Thailand's Interhides Plc (IHL) is expanding its car seat cover operations in response to stronger demand from domestic and overseas automakers.
Full story...
BMW will ship 10,000 German made additional 3 series cars to China because its local production JV with Brilliance can no longer meet local demand, the carmaker's personnel chief, Harald Krueger, said in an interview.
Full story...
BMW is forecasting improved profit and sales up 10% to more than 1.4m units this year as the economic climate improves.
Full story...
Tata Motors has confirmed it is evaluating cooperation with subsidiary Jaguar Land Rover concerning engine development.
Full story...
Peugeot and Malaysian manufacturer Naza Group have signed a letter of intent to assemble a 'three box' 207 sedan.
Full story...
Belgian transmission manufacturer Punch Powertrain says that next year it will triple the production capacity of its Nanjing factory, which annually makes 100,000 continuously variable transmissions.
Full story...
The June slowdown in new vehicle retail sales in the US, coupled with increasing uncertainty within the European automotive market, indicates that recovery in established automotive markets may be flagging, according to analysis by JD Power.
Full story...
Latest pictures of a disguised next-generation Ford Ranger undergoing hot-weather testing.
Full story...
German automaker sees 2010 pretax profit to rise more sharply than previously forecast, with sales advancing by around 10 percent to more than 1.4 million units, compared with its previous forecast for a single-digit increase.
Full story...
BMW raised its 2010 sales and earnings forecast on growing sales in China and strong demand for the new 5-series sedan. BMW predicts sales this year to rise about 10 percent to more than 1.
Full story...
Another revised Mercedes has been caught stripping off in the hot weather. This time it's the ML.
Full story...
Our spies capture the facelifted version of Mercedes' giant SUV on test.
Full story...
Peugeot's new 508 introduces the brand's 'new design look' heralded by the SR1 concept, will have new e-HDi and HYbrid 4 technology and will be built both in France and China. Like its 407 predecessor, it will be offered in sedan or wagon forms.
Full story...
The latest auto news, reviews, prices, product and vehicle releases. 
