General Motors is close to finalising a sale of equity to its long-time Chinese partner SAIC, according to the Reuters news agency which cited people familiar with the matter.
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Bulgaria's new car sales decline slowed in October to 32.8% on the year compared with 37.8% a month earlier and some 40% at the beginning of 2010, according to figures from the Association of Automobile Manufacturers (AAM).
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Transmission and drive technology company Getrag Corporate Group has secured a contract from Volvo to supply the electric drive unit 1eDT240 for the electric version of the Volvo C30.
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General Motors will launch its new Baojun brand cars this month to capture growth at the low-end of the Chinese market, competing with domestic makers such as Geely, Chery and BYD.
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Toyota's compact electric car, due on sale in 2012, will have a range of more than 100km (62 miles) on a full charge and a top speed of about 120kph (75mph), according to a report in the Chunichi newspaper.
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Japanese giants team up with Tesla to produce battery-powered SUV.
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Magneti Marelli has inaugurated a new industrial plant in Russia today (11 September) for the production of car headlamps and rear lamps.
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Here's a brief run-down of reports available in our research store that caught our eye over the past week or so...
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Volkswagen is to acquire the operating business of Porsche Holding Salzburg in an agreement worth EUR3.3bn (US$4.5bn) with the deal expected during the first half of 2011 but no later than 30 September next year
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China's Geely should reach its 2010 sales target, but expects growth in the broader market to moderate next year as Beijing moves to cool the economy.
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GM was not exactly boastful yesterday as it disclosed its third quarter financial results. But it was quite keen that everyone should know that it is back in profit as a group...though not in Europe.
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Land Rover has released pictures and details of the five-door version of the new Range Rover Evoque. The model will debut at the Los Angeles auto show on Nov. 17.
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Renault said it can keep the name Zoe for its future small electric car after a judge ruled that girls called Zoe did not face imminent harm or a threat to their private life or dignity.
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Mitsubishi said it will recall 186,790 units of its eK Wagon mini vehicle and six other mini car models in Japan due to a possible oil leak.
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General Motors is in the final stage of talks to sell equity to Chinese partner SAIC Motor Corp. as part of its landmark initial public offering, two people familiar with the matter said.
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General Motors is in the final stage of talks to sell equity to Chinese partner SAIC Motor Corp. as part of its landmark initial public offering, two people familiar with the matter said.
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Tata is offering owners of the Nano the option to install safety protection in the vehicles after a few of them caught on fire in the last year.
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When the 2011 Chrysler 200 hits showrooms in the next several weeks, its base LX model will cost $875 less than the sedan it replaces. The 2011 Chrysler Town and Country minivan, meanwhile, will be priced nearly $5,000 more than the current model.
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Toyota Motor will start selling a compact electric car in Japan in 2012, Kyodo news agency reported.
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GM is increasing to 44 percent its stake in the Chinese Wuling mini-vehicle venture it has with partner SAIC Motor Corp. The automaker said in an updated prospectus for its $10.
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