Nexteer Automotive was taken over by Chinese company PCM late last year, a move the Michigan operation described as the "single largest Chinese investment in the global automotive supplier industry." Ahead of the US manufacturer's electric power steering technology day in Poland, Nexteer VP of global sales and marketing and European region, Laurent Bresson, talked to Simon Warburton in Krakow.
BYD, backed by US billionaire Warren Buffet, has ended a joint venture to provide financing for car purchases in China with a unit of France's Societe Generale.
Toyota Motor's Prius hybrid in June recaptured top spot among domestic sales for the first time in four months, thanks to restoration of the company's parts supply chains, which had been damaged by the 11 March earthquake/tsunami, industry groups said.
Spy pictures reveal gently revised version of Audi A4, likely to feature new engines and more kit
Spy pictures reveal gently revised version of Audi A4, likely to feature new engines and more kit
Hyundai's Sonata hybrid sedan was the second best selling hybrid in the US in June, industry sources said.
Volkswagen's Audi brand sales in China and Hong Kong rose 28% year on year in the first half to 140,699 cars and expects to sell 280,000 vehicles there in 2011.
Also in this episode: Mitsubishi rolls out two new versions of i-MiEV electric car, IndyCar heads back to Auto Club Speedway in California, and the flying car clears another rules hurdle.
A 1966 Austin Healey 3000 Mark 111 BJ8 is set to cross the block during the 11th-annual Russo and Steele Sports and Muscle Monterey Auction Event, Aug. 18-20.
The Automotive Fine Arts Society has chosen Ken Auster, an impressionist artist from California, to be its guest artist for this year's exhibit at the
New car sales in the UK in June fell 6.2% year on year to 183,125 units. Year to date volume was off 7.1% to 1,029,638.
Subaru, which sold a record 264,000 vehicles in the United States last year, aims to boost North American sales 24 percent to 380,000 units in the next five years under a new mid-term business plan that focuses on the United States and China.
Sales of new Honda cars in China in June fell 29.9% year on year to 35,105 units, the China subsidiary said, blaming a continued shortage of Japanese-made parts in the wake of the 11 March earthquake and tsunami in northeastern Japan.
General Motors has been sued by the owner of a Chevrolet Impala who claims the company recalled police versions of the sedan to fix a tire-wear issue but did not recall civilian Impalas for the same problem.
Kia is ready to take on the likes of Volkswagen as it continues its march further upmarket
India's rise as an automotive market is set to make it the world's third largest by 2020 according to a report by JD Power.
Fuji Heavy Industries, maker of Subaru vehicles, said on Wednesday a business partner will begin assembling its compact SUVs in Malaysia in 2012, with the goal of expanding sales in several fast-growing south east Asian car markets.