Nissan said today it aims to double its car production and market share in Indonesia by 2013, as strong demand in Southeast Asia's largest economy drives domestic sales.
Full story...
Nissan said on Tuesday it aims to double its car production and market share in Indonesia by 2013, as strong demand in Southeast Asia's largest economy drives domestic sales.
Full story...
Tesla Motors Inc., the electric car company that hasn't posted a profit, raised $226 million selling shares above its forecast price range in the first initial public offering of a U.S. automaker in a half century.
Full story...
Trelleborg Automotive plans to open a research center in Shanghai to develop noise- and vibration-damping products for the auto industry.
Full story...
Hyundai Motor America today named Michael O'Brien vice president of product and corporate planning -- an influential position that has been vacant since John Krafcik became CEO in late 2008. O'Brien, 55, spent the last 14 years at Toyota Motor Corp.'
Full story...
The oil city of Daqing in northeast China will invest 3 billion yuan ($441 million) in Volvo Car Corp., helping Zhejiang Geely Holding Group Co. finance its $1.8 billion acquisition from Ford Motor Co.
Full story...
General Motors Co. -- laying the foundation for an initial public offering as early as this fall -- told analysts today it will introduce 70 new or upgraded models in international markets by 2014.
Full story...
Stock in Tesla Motors Inc., the first U.S. carmaker to launch a public stock offering in 54 years, surged almost 41 percent in its first day of trading even as broader markets were plummeting. Tesla finished the day with a gain of $6.89, to $23.
Full story...
German ball-bearing maker Schaeffler Group stepped closer to a merger with Continental AG, hiving off its healthy operating business into a separate company together with its 75 percent stake in the Hanover-based German auto parts supplier.
Full story...
Tata Motors Ltd., the Indian owner of Jaguar and Land Rover, plans to raise as much as 47 billion rupees ($1 billion) to expand operations and reduce debt accumulated for the purchase of the luxury brands.
Full story...
German ball-bearing maker Schaeffler Group stepped closer to a merger with Continental AG, hiving off its healthy operating business into a separate company together with its 75 percent stake in the Hanover-based German auto parts supplier.
Full story...
Lotus Cars Ltd. is poised to tap former General Motors Co. product guru Bob Lutz and retired BMW executive Tom Purves to advise the British niche carmaker on a five-year turnaround plan.
Full story...
Tesla Motors Inc., the electric car company that hasn't posted a profit, raised $226 million selling shares above its forecast price range in the first initial public offering of a U.S. automaker in a half-century.
Full story...
Toronto - Mercedes-Benz Canada today announced new enhancements for the company's special designo program, including fascinating new packages and industry-exclusive offerings that provide customers with the unique opportunity to individualize their new Mercedes-Benz vehicle.
Full story...
The IZOD IndyCar Series wil return in 2011 to one of its original venues, the New Hampshire Motor Speedway on July 30-31.
Full story...
A new war of words is threatening to break out between former sparring partners Lewis Hamilton and Fernando Alonso.
Full story...
Canadian Paul Tracy will compete in the Camping World Grand Prix at The Glen in the No. 24 Honda Indy Toronto car for Dreyer & Reinbold Racing.
Full story...
Formula one could soon return to Austria.
Full story...
This time at the Pikes Peak Time Attack Class With a Porsche 911 GT3 Cup and Breaking the Record by 38 Seconds -- Ahead of Every Production-based Car Entered. Jeff Zwart, from Woody Creek, Colorado, driving the specially-prepared Luminox Watch Porsche 911 GT3 Cup race car, has won and set a new record in the 2WD Time Attack class in Sunday's 88th running of the Pikes Peak Hillclimb.
Full story...
Audi has clearly rejected speculation its name might soon appear above a formula one garage door.
Full story...
The latest auto news, reviews, prices, product and vehicle releases.