Iran Khodro (IKCO) says that it is to establish a production site in Semnan Province (220km east of Tehran) to manufacture 100,000 cars per annum.
Bosch says it has scaled back production at its locations in Japan for the time being.
Swedish supplier SKF, the world's largest producer of bearings, began construction of a new factory in the east China city of Jinan. With an investment of SEK 590 million ($92.4 million), the factory will start operations by the first half of 2012.
Mercedes-Benz has announced that it will set up its own production of fuel cell stacks in Canada.
Gasoline that has risen to 2008 prices may cause a shift in consumers' car-buying patterns, said Mark Fields, Ford Motor Co.'s president of the Americas.
The French government vows to see to it that the individuals responsible for the now debunked Renault spy affair are dealt with, the Finance and Industry ministers said in a statement after meeting with Renault CEO Carlos Ghosn.
The French government vows to see to it that the individuals responsible for the now debunked Renault spy affair are dealt with, the Finance and Industry ministers said in a statement after meeting with Renault CEO Carlos Ghosn.
Nissan is in talks with AvtoVAZ shareholder about buying a more than 25 percent stake in Russia's biggest automaker, said Serguei Skvortsov, managing director of Troika Dialog, Russia's largest private investment bank.
Porsche's new puchasing department will be headed by veteran Volkswagen executive Uwe-Karsten Staedter.
Electric vehicles are all the rage these days, and many car buffs are turning towards them to realize their automotive dreams. Witness the students of Ladner High School in British Columbia, who are on the verge of successfully converting a 1989 Toyota pickup into an eco-friendly dragster.
The disaster in Japan is affecting even American manufacturers. General Motors is halting production on the Chevrolet Colorado and GMC Canyon pickups at its Shreveport, Lousiana, plant as of Monday due to a parts shortage.
Collector Car Productions will host a classic car auction at the International Centre in Toronto from April 8 to 10, 2011. Among the prized items up for bid will be a rare 1966 Shelby GT350 sold in Windsor 45 years ago.
Mercedes-Benz announced that it will set up its own production of fuel cell stacks in Vancouver, B.C. By doing so, the company will bundle the development and production for one of the key components of its fuel cell-powered electric vehicles.
After suspending operations at its Hiroshima and Hofu plants in the wake of the massive earthquake and tsunami that devastated Japan, Mazda chose to resume temporary production next Tuesday, March 22.
Italian tire manufacturer Pirelli, embarking on the first season of a three-year agreement to supply Formula One with tires, has revealed the colours that will be used to distinguish the six different types of tire that will be used throughout the season.
Honda will voluntarily recall 3,636 model-year 2011 Honda Civic vehicles and 9 model-year 2011 Acura CSX vehicles in Canada to inspect and possibly replace the fuel pump module inside the gasoline tank. Internal testing revealed that the roll-over valve inside certain fuel pump modules may have been damaged during production. If a vehicle is involved in a rollover crash, the cracked roll-over valve may allow fuel leakage from the gasoline tank into the evaporative canister. No crashes or injuries have been reported related to this defect.
Hankook Tire, the seventh largest and one of the fastest growing tire companies in the world, unveiled its plan to build a new Main R&D Center in Daejeon, Korea.
The motorcycle road racing world championship - or MotoGP - ranks among the world's most popular and spectacular sporting events. The involvement of BMW M GmbH in motorcycle racing's top-echelon event now enters its 13th year. To ensure the safety of the practice runs and the race itself, BMW M GmbH is providing the official Safety Car along with a raft of other high-performance vehicles for use by the Dorna Sports management team and IRTA officials.
Lotus Renault GP driver Robert Kubica will be back on his two feet in a few weeks, doctors at his Italian hospital said on Friday.
With March Madness kicking off and the NBA and NHL playoffs right around the corner, many of you will be glued to their TV screens watching epic games. A warning, though: engaging matchups in sports may result in greater driving dangers for fans of the winning team, researchers say.