May
18th
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Geely Automobile Holdings will announce details of technological cooperation with Volvo Car in two to three months at the earliest, a senior executive said.
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May
18th
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Chrysler Group, wanting to repay government loans used to bail it out two years ago, has increased the bond portion of a US$7bn borrowing plan after investors balked at the largest loan offer since the financial crisis, a media report said.
May
18th
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Fiat will seek to expand a credit line to as much as $2.14 billion (1.5 billion euros) after raising its stake in Chrysler by 16 percent, three people familiar with the matter said.
May
18th
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Opel/Vauxhall's redesigned Zafira seven-seat MPV, previewed at this year's Geneva show, will be in European showrooms by early 2012 after the production version makes its debut at September's Frankfurt show, GM Europe (GME) said on Wednesday (18 May, 2011). And the previous generation will remain on sale.
May
18th
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Thirty-two meticulous automobiles are set to be sold in one of Europe's most exclusive resort areas on the eve of one of the most selective concours in the world. The total bounty of the auction could top $35 million.
May
18th
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Fiat plans to expand the number of vehicles fitted with its TwinAir gasoline powerplant, Europe's only two-cylinder engine, and intends to boost production of the unit.
May
18th
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Fiat plans to expand the number of vehicles fitted with its TwinAir gasoline powerplant, Europe's only two-cylinder engine, and intends to boost production of the unit.
May
18th
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DPCA held a ground-breaking ceremony today (18 May, 2011) for its third plant in Wuhan, China.
May
18th
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At last! Honda releases the first pictures of its Mugen turned, supercharged CR-Z.
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May
18th
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Flagship four-wheel drive hot hatchback is caught undisguised
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Flagship four-wheel drive hot hatchback is caught undisguised
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May
18th
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Saab is aiming to restart production next week if it can secure agreement with its suppliers following the banking of EUR30m (US$43m) from Chinese distributor Pang Da.
May
18th
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BMW board member Susanne Klatten has bought a blocking minority stake in SGL Group to keep Volkswagen at bay in a tussle over influence at the carbon fiber specialist.
May
18th
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Volkswagen plans to launch a car-sharing program in Germany. The project aims to benefit from the success of car-sharing schemes such as BMW's DriveNow and Daimler's Car2go and will be aimed at urban customers.
May
18th
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Avis Europe, the second-biggest car rental company in Europe, is planning to capitalize on the popularity of car-sharing schemes such as Daimler's car2go and BMW's DriveNow, by offering an hourly rental program throughout Europe this year.
May
18th
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Sales of small cars remain low in the U.S., but European luxury brands aim to change that dramatically in the next few years.
May
18th
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BMW wants to coax as much power as possible from a gallon of gasoline -- and protect its performance image in an era of rising fuel-economy standards. So its engineers are searching for high-tech ways to conserve energy.
May
18th
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After spending $1.7 billion last year to acquire Volvo from Ford, the Chinese automaker Zhejiang Geely now plans to spend as much as $11 billion on Volvo products and facilities over the next five years. A growth strategy for the U.S.
May
18th
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Renault will start its biggest marketing campaign in over two decades for the launch of the Zoe electric car and the new Clio subcompact, Stephen Norman, Renault's global marketing chief, said.
May
18th
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Opel is planning to introduce a premium model above its top-of-the-range Insignia as well as an electric car smaller than its Ampera, the automaker's new head told a German paper.