India's top automaker Maruti Suzuki plans to invest $1.3 billion over the next three years on manufacturing plants to boost capacity, it said on Tuesday, as demand for cars remain strong. Maruti, 54.
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Chongqing Changan Automobile is in talks with Ford Motor to expand their partnership beyond China, a senior Chinese executive has said.
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Kia Motors vice chairman Jeong Sung Eun resigned on 3 September to take responsibility for a recent recall of four models, a company spokesman has confirmed.
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Saab is vigorously contending claims it owes a significant amount in wages to the Swedish regional government of Vastra Gotaland.
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Kia said its co-CEO has resigned to take responsibility for nearly 86,000 recalls of some of its models, including the Soul compact model.
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Auto engine and transmission component maker, Avtec, subsidiary of CK Birla Group, plans to invest about US$25m expanding capacity at its four units in Pitampur, Hosur, Chennai & Kharagpur as well as in research & development.
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Sao Paulo based Jaime Ardila, head of GM's South American division has offered Colombia an investment of US$200m in its local production unit, and to develop the local supply chain, in return for continued protectionism of the CKD assembly industry.
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Audi will target families looking for a sportier car with the new A7 Sportback as the automaker aims to leapfrog BMW and Daimler in luxury car sales.
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Following on from the recall in the US last week, Kia Motors (UK) is recalling a small number of Soul and new Sorento models - just 549 vehicles to deal with a door wiring issue.
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General Motors Powertrain plans to double engine manufacturing capacity at its Hungarian plant by 2013 from the current 460,000 units per year.
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BYD said its August vehicle sales fell 5.9 percent from July on keen competition amid slowing growth in the world's largest auto market. BYD, which is 10 percent owned by Buffett's Berkshire Hathaway Inc.
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TV ads for the new Chevrolet Cruze compact sedan began today on NBC's 'Today Show.
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Sweden's Vastra Gotaland region said Saab, owned by Dutch group Spyker, must pay its $15 million bill from the government by Sept. 20 or it will ask the public debt collector to enforce payment.
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Fiat will hire Toyota Europe's Andrea Formica to head sales at its struggling four-brand automotive group, sources familiar with the matter told Automotive News Europe.
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Kia Motors Corp. Vice Chairman Jeong Sung Eun resigned on Sept. 3 to take responsibility for a recent recall of four models, a company spokesman said.
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Citroen aims to unlock demand for electric cars with leasing programs that include fuel-powered loaners for trips beyond the reach of a single battery charge.
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China will intensify efforts to draw factories inland from crowded coastal regions, a government directive said, but warned officials to leave such decisions to companies.
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Kia Motors Corp. Vice Chairman Jeong Sung Eun resigned on Sept. 3 to take responsibility for a recent recall of four models, a company spokesman said.
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Chevrolet's first television ads for the all-new Cruze compact begin airing Tuesday. Featuring the voice of movie and TV star Tim Allen, the ads focus on interior features and quality, backed by superlative media comments. Regular production of the much-anticipated Cruze, which features the spaciousness and amenities of a midsize car with the fuel economy and price of a compact, begins Wednesday in Lordstown, Ohio.
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In the first race of the day, Jonathan Rea (Honda) took his fourth WSBK win of 2010, leading flag-to-flag from the front row.
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