Toyota Australia will begin manufacturing a new fuel efficient and more environmentally sustainable engine for its Camry and Hybrid Camry sedans at its engine plant in Altona, Melbourne.
Full story...
Volkswagen said deliveries advanced 11 percent last month, helped by increased sales in China and the U.S. August sales gained to 545,000 vehicles from 490,600 a year earlier, the carmaker said. July deliveries climbed 2.9 percent.
Full story...
Volkswagen said deliveries advanced 11 percent last month, helped by increased sales in China and the U.S. August sales gained to 545,000 vehicles from 490,600 a year earlier, the carmaker said. July deliveries climbed 2.9 percent.
Full story...
Talk of emerging markets in recent years has been so dominated by the BRIC markets - an acronym first coined by the investment bank Goldman Sachs in 2001 - that the term's constituents, Brazil, Russia, India and China, have left little room for discussion of other markets.
Full story...
Vietnam's vehicle market declined by 17.6% to 8,745 units in August, from 10,616 units a year earlier, according to data released by the Vietnam Automobile Manufacturers Association (VAMA). This follows a 13% drop in sales in July, after a strong second quarter for the market.
Full story...
Both Renault and PSA Peugeot Citroen will today pay - early - one third of the EUR3bn government loans advanced to them in April 2009 to help them through the financial crisis.
Full story...
Gestamp-Severstal, a joint venture between Russian steelmaker Severstal and Spain's Gestamp, expects to receive approval of its stamping production from Volkswagen by October.
Full story...
Russian car sales rose 51% year on year in August as economic recovery and an extension of a scrappage scheme continued to support growth.
Full story...
Toyota Motor Industries Poland (TMIP) has started production of a new 1.4 litre diesel engine supplied to assembly plants in the UK, France, Turkey and South Africa.
Full story...
Automakers in China shipped 18.7% more passenger cars to dealers in August from a year ago, official data showed, lagging a nearly 60% annual jump in retail car sales, reflecting an apparent drawdown in dealers' showroom inventories.
Full story...
Renault and PSA/Peugeot-Citroen are repaying a third of the 6 billion euros ($7.6 billion) they received in French government loans to help them through the financial crisis.
Full story...
Russian automaker GAZ expects sales in 2010 to rise well above its earlier target of 25 percent volume growth as the country's auto market recovers from the downturn, its top executive said on Thursday.
Full story...
Carlos Ghosn, Renault-Nissan CEO, said he had 'no hesitation' in declining an offer last year from the U.S. government to lead General Motors.
Full story...
Ford has canceled plans to move production of its Kuga SUV from Germany to the United States as currency exchange rates no longer favor U.S. production.
Full story...
Smart has revealed more plans for a plug-in electric scooter that it will debut at the Paris auto show.
Full story...
Group 1 Automotive extended president and CEO Earl Hesterberg's employment contract through Dec. 31, 2015, and raised the chief executive's base salary 10 percent. Under a new employment agreement effective Sept.
Full story...
Carlos Ghosn, chief executive officer of Nissan and Renault, said he had 'no hesitation' in declining an offer last year from the U.S. government to lead General Motors.
Full story...
Group 1 Automotive Inc. has extended CEO Earl Hesterberg's contract through Dec. 31, 2015, and raised his base salary 10 percent. Under a new employment agreement effective Sept.
Full story...
The latest auto news, reviews, prices, product and vehicle releases. Auto News 5
