French car parts maker Faurecia has posted a jump in third quarter sales and raised its full-year targets on expectations of sustained growth in the fourth quarter.
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Toyota chief Akio Toyoda has denied the company is looking to increase production overseas at the expense of its domestic factories as the surging yen makes it more costly to produce vehicles in Japan.
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Indian auto parts makers Bharat Forge Ltd and Motherson Sumi Systems reportedly are expected to announce big rises in fiscal second quarter (July-September) net profits boosted by higher domestic sales and reviving overseas operations.
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Audi's famous name returns will all-new flagship A1, promising the pace and looks to live up to the rally legend.
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Official sketch shows how Evoque-rivalling X4 could look.
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Porsche is counting on hybrid drive to help reduce its fleet CO2 emissions. 'In the future, we will have hybrid drive in every model line," development chief Wolfgang Duerheimer said.
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Porsche is counting on hybrid drive to help reduce its fleet CO2 emissions. 'In the future, we will have hybrid drive in every model line," development chief Wolfgang Duerheimer said.
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Sumitomo Mitsui Financial Group Inc. expects to overtake Ford Motor Co. as the largest shareholder in Mazda Motor Corp., according to the bank's chairman.
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Ford is reportedly considering selling most of its 11% stake in Mazda Motor, itself already whittled down over the years from about one-third.
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Toyota Motor plans to produce the Prius hybrid model in Thailand, possibly from next year, following its launch at the Bangkok motor show in November. Thailand will become the third country to produce the model, after Japan and China.
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New vehicle sales in Indonesia increased by 32% to 49,137 units in September, from 37,208 units a year earlier, according to data released by industry association Gaikindo.
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Faurecia raised its full-year targets on expectations of sustained growth in the fourth quarter, after posting a jump in third-quarter sales. Third-quarter product sales more than doubled in North and South America and rose 65.
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Sumitomo Mitsui Financial Group will become the largest shareholder in Mazda Motor, the bank's chairman said. Ford, Mazda's largest current shareholder, owns about 11 percent of the automaker and held a 33 percent stake until November 2008.
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Auto supplier Johnson Controls Inc. will team with Japanese electronics maker Hitachi Ltd. to develop lithium ion batteries for electric drivetrains, the companies said Monday.
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Fiat's largest union protested in Rome against CEO Sergio Marchionne's proposal to curb strikes and increase shifts at the company's Pomigliano d'Arco car factory in southern Italy.
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There's a strange disconnect surrounding Better Place, the company best known for its plan to extend the range of electric vehicles by relying on speedy battery swaps. Automotive executives are nearly unanimous in dismissing the idea.
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Auto supplier Johnson Controls Inc. will team with Japanese electronics maker Hitachi Ltd. to develop lithium ion batteries for electrified drivetrains, the companies said today.
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About 100 General Motors Co. workers and retirees picketed outside the UAW's headquarters to protest plans to build a new small car with low-wage workers.
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With three quarters of 2010 in the books, it's time to hazard a guess about how bad full-year U.S. sales will be. No one can say with any certainty what the next three months will bring.
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Last week, some auto pundits and bloggers were up in arms about the Chevrolet Volt. They said General Motors Co. lied when it said the car was an electric, not a hybrid. Here are some answers.
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