BMW has named Erich Ebner von Eschenbach the next boss of its financing unit.
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General Motors has cautiously welcomed the European Union's decision to develop common charging systems for electric cars although it highlights the need not to add complexity.
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Though Toyota has been hit by another wave of recalls, or potential recalls, there was good news of sorts from the US - regulators there have yet to find any electronic defects in their vehicles, a local vehicle safety official reiterated Wednesday, as a scientific panel began studying potential causes of unintended acceleration.
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Toyota is considering a global recall of eight models including its flagship Lexus LS460 sedan due to possible engine failure, Japanese reports said on Thursday.
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The joint venture between Fiat S.p.A. and Russian carmaker Sollers is seeking a 2.1 billion euro ($2.6 billion) syndicated loan, according to the Russian news wire Interfax. Fiat and Sollers plan to invest 2.
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Daihatsu, market leader in Japan's minicar segment since 2006, plans to launch a new minicar next year that will be as fuel efficient as petrol-electric hybrids, company president Koichi Ina told reporters in Osaka.
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European carmakers face a big slide in H2 new-car sales after June volume fell in France and slowed in Spain as scrappage schemes are phased out and cautious consumers pull back from major purchases in the face of economic uncertainty.
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With the UK's scrappage scheme now ended and an increase in VAT (sales tax) from 17.5% to 20% scheduled for January 2011, what is the future for scrappage sales leader Hyundai and the new car industry in general?
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Audi adds a V8 option for drop-top R8 Spyder.
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Range Rover turns 40 on Thursday. And to celebrate, it plans to unveil a new compact SUV during an event in London. You can watch it here, beginning at 3:30 p.m. Eastern.
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Land Rover has taken the wraps off its new small SUV, the two-door Range Rover Evoque, as it makes a bid to appeal to fashion-conscious urbanites.
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Ford's UK unit will reduce the list prices of the Ka, Fiesta, Focus and Kuga on 2 August in a bid to remain competitive in the UK market following large price increases during 2009, forced by a poor euro exchange rate with the pound.
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Toyota Motor Corp. said today it is considering taking steps to eliminate possible engine failure in as many as 270,000 cars, as the world's largest automaker continues to ramp up its safety oversight following a string of recalls.
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Toyota is considering taking steps to eliminate possible engine failure in as many as 270,000 cars, as the world's largest automaker continues to ramp up its safety oversight following a string of recalls.
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Japanese automaker says as many as 270,000 luxury cars may have a problem that causes 3.5-liter and 4.6-liter engines to stall.
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BMW may invest more than $1 billion in Mexico to prepare local auto-parts companies to boost supplies to its U.S. plant, Mexican Economy Minister Gerardo Ruiz Mateos said.
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Mazda's global sales have grown more than 20 percent in the first two months of the business year, outperforming the annual target of a 6 percent rise, CEO Takashi Yamanouchi said.
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French car parts supplier Faurecia SA plans to buy a stake in one of the main suppliers to state-owned Chinese automaker FAW Group to build its position in the world's biggest car market.
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Plans for adjustable 'proximity' rear wings next year are not set in stone, according to FOTA chairman Martin Whitmarsh.
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The IZOD IndyCar Series has announced that all the details pertaining to their futur car strategy will be unveiled this coming July 14 in Indianapolis.
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