GM, in its final financial snapshot before next week's initial public offering, posted third quarter net income of $1.96 billion on revenues of $34.06 billion.
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GM, in its final financial snapshot before next week's initial public offering, posted third quarter net income of $1.96 billion on revenues of $34.06 billion.
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Average CO2 emissions from new cars sold in the EU dropped by 5% last year - the largest annual fall ever recorded, a report published today by the European Commission shows.
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BorgWarner has announced some US$2.3bn of expected net new powertrain business for 2011 through 2013, a 28% increase over its previous three-year net new business.
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Tata Motors is denying what it refers to as "inaccurate media reports" it is to recall its budget Nano model, although it is providing upgraded protection for the vehicle.
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Renault-Nissan alliance is considering constructing a vehicle-assembly factory in the Primorsky region in Russia's Far East.
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In 2010, China is on course to eclipse Japan as the second biggest economy in the world. It already has surpassed the US as the world's largest vehicle market. But can breakneck growth continue and what are the structural issues ahead for the Chinese auto industry?
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In 2010, China is on course to eclipse Japan as the second biggest economy in the world. It already has surpassed the US as the world's largest vehicle market. But can breakneck growth continue and what are the structural issues ahead for the Chinese auto industry?
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Mitsubishi Motors Corporation (MMC) and Bic Camera have signed an agreement to promtoe electric vehicles (EV) making what the automaker claims is the first "Basic Agreement on EV Popularization" signed between an electronics and automobile company.
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Vehicle production in Turkey rose an annual 30.9% in October to 108,624 units, the country's Automotive Industrialists' Association reported.
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Hybrid truck electric and electric powertrain company, Azure Dynamics Corporation has reported third quarter financial results for the period ending 30 September.
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Sales of passenger cars and light commercial vehicles in Russia rose an annual 22% to 1.51m units in January-October on the back of scrappage incentives, the Association of European Businesses (AEB) said, predicting that demand could be 1.8m this year, up from an earlier forecast of 1.67m
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Vehicle sales in the Philippines rose by 12.2% to 14,317 units in October, from 12,761 units a year earlier, according to data released by the Chamber of Automotive Manufacturers of the Philippines Inc (CAMPI).
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Ricardo, an engineering consultancy that also develops systems for vehicle manufacturers and advises wind turbine makers, expects to double its revenue from China in two to three years as it capitalises on the country's clean-energy drive, its CEO...
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Next summer, European automakers will see the start of a sales recovery from the double-dip recession that has gripped Europe since May 2008, market experts say. Europe's slow recovery will be especially problematic for Renault, PSA and Fiat.
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Tata Motors, the owner of Jaguar Land Rover, posted a more than 100-fold gain in second-quarter profit as the global economic recovery and growing demand in China and the U.S. boosted sales of luxury vehicles.
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Automakers are looking at futuristic sounds to ensure that their electric cars don't pose a danger to pedestrians who cannot hear them coming.
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Toyota, PSA, Fiat and BMW are on course to meet EU CO2 targets ahead of schedule, a report says.
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The Citroen C3's front bumper uses Faurecia's energy-absorbing metal-polypropylene hybrid technology that lessens the effect of a collision, especially between the car and a person.
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Battery maker A123 Systems Inc. will supply lithium-ion cells to SAIC Motor Corp. for use in an electric vehicle as the U.S. startup expands ties with China's largest domestic carmaker. Cells made by A123, part-owned by General Electric Co.
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