Daimler CEO Dieter Zetsche said Germany will fail to reach a goal of putting one million electric vehicles on Germany's roads by 2021 if the government doesn't offer subsidies for the cars, a German newspaper reported.
General Motors (GM) Europe unit Opel/Vauxhall is constructing a new engine plant in the western Hungarian city of Szentgotthárd, aiming to boost the company's growing share of the south east Europe market.
General Motors Co. and Ford Motor Co. may enter contract talks with the UAW this year seeking to close as many as six assembly plants to boost profit while the union tries to save jobs amid an industry recovery. GM, 33 percent owned by the U.S.
Efforts by the UK government to emphasise automotive manufacturing in a bid to combat the global downturn have met with approval from the Society of Motor Manufacturers and Traders (SMMT).
Malaysia's Proton Holdings reported a threefold increase in net profits to MYR61.6m (US$21.4m) for the quarter ended 31 March, compared with MYR2.64m a year earlier.
Renault has unveiled Carlos Tavares as its new chief operating officer following the resignation of Patrick Pelata as a result of the the automaker's so-called spy affair.
Mazda is effectively moving its factory weekends to Thursday and Friday from 1 July to 30 September to reduce week day electricity consumption in the aftermath of the 11 March earthquake/tsunami which disrupted nuclear electricity generation.
A1 clubsport quattro set to wow crowds at Wortherseetour event, and previews hot S1 production model
Volkswagen formally launched its bid for German truckmaker MAN on Tuesday in a move towards creating Europe's biggest truckmaker.
Two state-owned Chinese automakers have started recruiting engineering talent in Germany to staff their expanding operations.
Canada is open to selling its 1.7 percent stake in Chrysler directly to Fiat but will wait to see what price the U.S. government gets for its shares in the automaker before deciding. Fiat is in the process of exercising an option to buy the U.S.
Renault's new No. 2, Carlos Tavares, is seen as a potential successor to CEO Carlos Ghosn. Tavares, Nissan's top executive for the Americas regions, was named as Renault's chief operating officer on Monday.
Canada is open to selling its 1.7 percent stake in Chrysler directly to Fiat but will wait to see what price the U.S. government gets for its shares in the automaker before deciding. Fiat is in the process of exercising an option to buy the U.S.
Exactly two weeks ago, Autoblog Green reported that Porsche was planning to use an F1-style Kinetic Energy Recovery System (KERS) to improve fuel economy across its entire range without sacrificing performance. However, a high-level source just responded by qualifying the project as ''nonsense''.
A report from the Associated Press states that Fiat opened discussion with the federal and Ontarian governments in hopes of acquiring the 1.7% stake in Chrysler they received during the bailout initiative in 2009.
While it seemed like a Cadillac hybrid crossover was well underway behind closed doors at GM, those endeavours have recently been unplugged as plans to continue with the new vehicle were brought to a halt, according to Reuters.
Pirelli has admitted a rule tweak could have ensured an exciting finish to the weekend's Monaco grand prix.
Tony Fernandes has denied he will have to change the name of his formula one team.
Volkswagen is and always will be proud of their GTI -- and with reason. The Beetle may have put the people's car on the map, but the GTI brought the brand to everyone's lips.
The FIA is keeping a close eye on the aftermath of Lewis Hamilton's Monaco grand prix.
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