Changan Auto plans to build a vehicle plant with a total investment value of CNY8.5bn (US$1.25bn) in southern China, the China Business News reported on Thursday.
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Honda Motor has decided to sell the hybrid version of its Fit (Jazz) subcompact at three prices with the basic model carrying a price tag of JPY1.59m (US$18,800), the lowest for a hybrid car in Japan, sources have said.
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Fiat SpA CEO Sergio Marchionne said today the Italian carmaker's relations with U.S. dealerships 'have never been better' and applications to sell Fiats in the U.S. have exceeded the company's target.
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Fiat's chief executive said on Thursday that the third quarter is proceeding well and confirmed the automaker could raise its outlook for 2010 at the end of the third quarter, sending its shares higher.
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Our exclusive comparison reveals how much BMW’s baby has grown.
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Volkswagen AG will probably hire Porsche AG manager Klaus-Gerhard Wolpert to succeed Matthias Mueller as the group's chief product strategist, according to two people familiar with the matter.
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Toyota wants to reach cumulative sales of 5m hybrid vehicles by the middle of this decade.
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Spyker Cars says it will report negative shareholders equity as of 30 June ahead of its half-year figures due out tomorrow (27 August).
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Transmission specialist BorgWarner is to expand its northern Mississippi plant in the US, adding 120 jobs by the end of 2012.
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Ford and Mazda are to invest US$350m at their AutoAlliance joint venture in Thailand to build the next generation compact pickup trucks.
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Nissan plans to more than double its sales in Russia to over 100,000 cars in the 2010 fiscal year ending next March from around 45,000 cars in the previous 12 months.
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Volkswagen is to launch its own insurance subsidiary after 62 years with the Allianz organisation.
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See Hyundai's distinctive ix35 SUV earn five stars in Euro NCAP crash video.
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See Hyundai's distinctive ix35 SUV earn five stars in Euro NCAP crash video.
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How safe is the Honda CR-Z? Find out in the Euro NCAP crash test video.
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To find out, watch Honda's CR-Z Hybrid Coupe in Euro NCAP crash test video.
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Ford Motor's India unit will begin exporting its subcompact Figo to 50 new markets from India starting next year, Joe Hinrichs, president, Asia Pacific and Africa said on Thursday.
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General Motors will start selling cars under the Opel brand in China by the end of this year, Opel CEO Nick Reilly said.
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