Daimler said it plans to team up with Robert Bosch to build motors for electric vehicles. The joint venture will have locations in Stuttgart and Hildesheim, Germany, where Bosch currently manufactures electric motors.
Spyker said production at Saab will remain on hold until it obtains funding to pay suppliers Saab has been forced to halt production as it is unable to pay its suppliers, but has said it is facing a short-term liquidity crunch rather than collapse.
Spyker said production at Saab will remain on hold until it obtains funding to pay suppliers. Saab has been forced to halt production as it is unable to pay its suppliers, but has said it is facing a short-term liquidity crunch rather than collapse.
BMW anticipates sales growing in China this year at a "double-digit" percentage rate, although lower than last year's increase, Ian Robertson, the luxury carmaker's sales chief, said.
Fiat has increased its stake in Chrysler to 30 percent from 25 percent after meeting amended U.S. government requirements for raising the holding.
Fiat increased its stake in Chrysler to 30 percent from 25 percent after meeting amended U.S. government requirements for raising the holding.
Daimler will expand its Car2go car-sharing unit to Amsterdam with a fleet of 300 electric-powered Smart cars.
PSA will invest 130 million euros at its Slovak assembly plant to add a new model. PSA will also add around 900 new jobs to the 3,000-strong workforce at the factory, located in the western Slovak town of Trnava.
PSA/Peugeot-Citroen may face further production disruptions because of problems with supplies of parts made in Japan, CEO Phillipe Varin said.
The Renault board's tough action over the industrial espionage fiasco at the automaker means the company can now focus on implementing its new mid-term strategy and on its bold bid to become a leader in electric cars.
The German brand is getting a lot of flak these days regarding the new-generation Jetta. The automotive press has been unkind to VW's compact sedan, emphasizing its overall downgrade in finish quality, its return to old-school mechanical components and its more conventional styling. But for Volkswagen, up to now, it's mission accomplished.
And I think it's gonna be a long, long time before I lose this earworm, thanks to the folks at Bavarian Motor Works. But despite its puzzling moniker (perhaps referring to its quest for space, which it doesn't have much of, the latest creation from Mini represents a return to its diminutive roots, while at the same time displaying some technological advances that promise good things in Minis to come.
Anonymous sources told Automotive News Europe that BMW has hired former Opel product chief Frank Weber, who recently was the lead engineer for the Chevrolet Volt plug-in hybrid. It's a bold move that gives the German automaker a huge boost as it goes forward with the launch of its i3 full-electric car and i8 plug-in hybrid for 2013.
While car enthusiasts the world over are worried about assembly plant closures following the earthquake that ravaged Japan, many are still unaware of the significant role played by companies working at the start of the colossal logistical chain that results in the production of a vehicle.
The teams competing in the 2011 FIA World Rally Championship will decide Tuesday night if they intend to go ahead and contest the Rally Jordan.
The Q3 isn't a very well-kept secret, and that was probably intentional. Then again, Audi couldn't let BMW benefit from an unoccupied market segment, and the Q3 will rival the X1 will it goes on sale in Europe this coming June.
With the 2011 New York International Auto Show just one week away, Chrysler Group will use Wednesday's press conference to announce a strategic relationship that will enhance its service and parts business as well as a pair of new models.
Earlier this year, we announced that the Cadillac SRX crossover would lose its turbocharged 2.8-litre engine. Another change will take place for the 2012 model year, as the SRX will inherit the company's 3.6-litre V6.
While every car enthusiast eagerly awaits the 2011 New York Auto Show and its numerous model debuts, Lexus took a lead over the competition by fully disclosing its all-new LF-Gh hybrid concept.
In July 2008, General Motors put its leasing operations on a short leash, much to the chagrin of Canadian drivers who appreciate the short-term acquisition and lower monthly payments that come with it.
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