Union workers at Kia will vote on Thursday on a proposed deal with the management that could avert a strike at the automaker for the first time in 20 years.
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Secret 599 drop-top shown to potential buyers in California.
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Tata Motors Ltd., India's leading vehicle maker with about two-thirds of the local market, plans to focus on Africa, Russia, China and the Middle East for growth, Chairman Ratan Tata said.
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Visteon last night said it expected to emerge from US Chapter 11 bankruptcy protection by 1 October.
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Magna International last night announced that the plan of arrangement to eliminate its dual-class share structure had been completed.
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US new vehicle retail sales in the last week of August slowed considerably, pulling down the August selling rate below 8.5m units, according to JD Power and Associates.
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Component maker Anand Automotive plans to raise capacity to bridge the demand supply gap in the Indian automobile industry. The company plans to pump in fresh investment for the expansion.
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Car sales fell in Italy, Spain and France during August, confirming a grim outlook for the sector after government subsidies to car buyers were phased out or ended. Italian sales declined 19 percent. In Spain volume fell 23.8 percent.
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Bentley's sales and marketing chief Stuart McCullough has left the British ultraluxury brand, the company said today. He is succeeded by Alasdair Stewart, former sales and marketing boss at the Bugatti supercar brand.
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Support our call for all manufacturers to publish details of known problems with their vehicles.
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As the Indian auto industry ramps up production capacities to meet growing demand, component makers in turn are gearing up to meet demand from the OEMs. The largest auto air conditioning manufacturer, Subros Auto Air Conditioning Systems, is planning to set up another facility in Chennai to cater to the auto hub there.
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BMW expects a purchasing cooperation with rival Daimler to save about 100 million euros ($126 million) a year from 2012/2013, the company's procurement chief, Herbert Diess said.
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WITH VIDEO -- Do cops like crossovers? Ford is about to find out: It will offer a utility vehicle based on the 2011 Explorer as part of its police portfolio for forces across the nation.
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Schaeffler posted a first-half net loss of 260 million euros ($329 million) after a one-off charge related to a capital increase at Continental dragged it into the red.
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Hyundai Motor posted on Wednesday its poorest sales in six months, as demand weakened in the summer vacation period, but it fared better than smaller rivals after introducing an upgraded car in its domestic market.
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Motors Liquidation Co., the old shell of General Motors, said it has filed a plan with a U.S. court to come out of bankruptcy.
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Motors Liquidation Co., the old shell of General Motors, said it has filed a plan with a U.S. court to come out of bankruptcy.
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Motors Liquidation Co., the old shell of General Motors, said it has filed a plan with a U.S. court to come out of bankruptcy.
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