Saab Automobile AB is reinventing itself as an independent automaker.
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Renault SA confirmed it has submitted a letter of intent to buy South Korean SUV maker Ssangyong Motor Co., together with Japanese partner Nissan Motor Co. and South Korean subsidiary Renault Samsung Motors.
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Johnson Controls (JCI) has confirmed - in a one-sentence statement - that it remains interested in pursuing its proposal of acquiring assets of Visteon Corporation.
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Production of the two key European models at Hyundai Motor Co.'s Indian plant was halted by a strike by workers, the Indian unit of the South Korean carmaker said on Monday, adding it was seeking government intervention.
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Fiat chief executive Sergio Marchionne said European countries need to take further action to resolve the region's debt crisis, despite measures so far taken to bail out Greece.
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Japan has seen a leap in sales of imported vehicles. An industry body has said the 17.1% jump in May over the same month last year is down to the popularity of new models.
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China is in a position to "leapfrog" the rest of the world and take the lead in introducing electric vehicles and technologies, said Ford chief Alan Mulally.
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Nissan Europe sales jumped 15% in May compared to the same month a year ago to 42,835 against the backdrop of a 5% decrease in total industry volume.
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Daimler's recent high-level discussions in China demonstrates the German manufacturer's seriousness when it comes to the vast market.
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BYD Co., the Chinese automaker backed by billionaire Warren Buffett, may set up its European headquarters in Germany, the company said today.
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Toyota Manufacturing UK rolled out its three millionth vehicle manufactured in the UK on Monday (7 June).
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Volkswagen India has marked the first anniversary of its Chakan, Pune, plant and completion of the 10,000th car by confirming the previously announced intention to add a second shift.
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Daimler said it would welcome investment from China as it looks to develop its own business and that of its manufacturing operation in the country.
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Sending an SMS tops poll of biggest distractions when driving.
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Chongqing Changan Automobile is in talks with partner Ford Motor Co. to produce a mid-sized car in China using Ford technology but carrying a Changan badge, as they move to take their partnership to a new level, two sources said on Monday.
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Chongqing Changan Automobile is in talks with partner Ford Motor Co. to produce a mid-sized car in China using Ford technology but carrying a Changan brand as they move to take their partnership to a new level, two sources told Reuters today.
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A new study by management consultants AT Kearney forecasts that 2010 US light vehicle sales volume will be 11.7m and trend back to historical levels (approximately 16m) by 2012.
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Swedish luxury car brand Saab is re-launching in Spain and hopes to sell as many as 6,000 cars annually once it's up and running after establishing its first company owned subsidiary in the market, Saab Automobiles Espana.
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