Battery maker and recycler Exide Technologies reported a net loss of US$5.19m for the first quarter of fiscal 2011/2012, compared with net loss of US$9.04m last year.
Akebono Brake Industry is to establish a new manufacturing venture in Vietnam with PT Akebono Brake Astra Indonesia and PT Astra Otoparts in November 2011.
The announcement of another automaker landing in Brazil - this time China's JAC - shows the strength of the Brazilian market. After all, a market in which sales more than doubled in just five years (up from 1.5m units in 2004 to 3.1m in 2009; 3.7m forecast for 2011) can only be regarded as highly attractive.
Tiny electric-powered two-seater spotted in Berlin ahead of expected Frankfurt debut

Figures released by the RAC Foundation show the UK is only the ninth most expensive country in Europe for petrol

Simon Thomas, who was Nissan's European sales and marketing boss during the automaker's recent revival in the region, has been appointed managing director of Volkswagen Group UK. He will succeed Robin Woolcock, 63, VW's UK boss since 2000.
NEWS EDITOR GREG MIGLIORE: This Touring edition of the Elantra just doesn't quite fit in with the rest of the stylish
TEMSA Global, Turkey's largest bus manufacturer, has held talks with China's Dongfeng about introducing the Chinese company's vehicles into Turkey.
Ferrari will replace two of its five core models, the 430 Spider and the 599 GTB Fiorano, in the next two years, while adding a sportier variant to its best-selling model, the 458 Italia.
TRW Automotive is opening a factory in Bielsko-Biala, Poland, to produce electric power steering systems. The 97,000-square-foot factory will be close to TRW's plant in Czechowice-Dziedzice.
Subaru Rally Team USA driver David Higgins needed only six minutes and 11.54 seconds to finish the famed Mt. Washington Hillclimb late July, nearly 30 seconds faster than Canadian Frank Sprongl's previous record from 1998.
Mercedes-Benz released the Canadian prices of its brand-new 2012 C-Class. The latest version of the small Benz is adding a coupe version that will compete with similar products already offered by Audi and BMW.
While electric vehicles are slowly but surely making their way in the global car market, Tesla is preparing to become a leader in its domain. The American manufacturer today announced the hiring of four new vice-presidents - two of which have an impressive track record.
We got a chance to drive the all-new 2012 Subaru Impreza last week in Victoria, and will have to wait until October before sharing our driving impressions. In the meantime, here's some detailed info on the new model.
The official Formula 1 web site revealed Tuesday that Hollywood director Ron Howard is currently working in a project that would bring F1 action on the screens.
Car covers are one of those accessories that we don't often think about unless storing an automobile or truck. Myself, I bought one years back when I found a "project car" which was a fairly clean, non-running 1974 Ford Galaxy 500XL. Actually, I only bought it because the car cost me $80 for the car and the plates... The car cover was therefore an expensive investment as it cost me nearly $100.
If the new Ford Focus piqued your curiosity, but its available 160 HP left the sensation-lover in you cold, you'll be happy to learn that the American carmaker is preparing to unveil a new RS version of the Focus for 2013 or 2014.
The Williams F1 team began work on its semi-automatic gearbox several years before it raced for the first time in 1991. The team's Director of Engineering, Patrick Head, talks us through its evolution.
The strength of the yen has become a cause for concern for the Japanese manufacturers, who are trying by any means possible to avoid a financial impasse without affecting their weakened position following the earthquake and tsunami last spring.
Paul di Resta's manager has hinted Mercedes could be interested in signing the rookie Scot for 2012.