Volkswagen hopes to export its first electric vehicles to Japan as early as the middle of next year.
Isuzu Motors has said it plans to raise its stake in its joint venture with Russia's Sollers to 45% from 29% to strengthen its presence in the local commercial vehicle market.
Automobile production in Japan in April increased 2.7 times year on year to 799,474 units, up for the seventh straight month, the Japan Automobile Manufacturers Association (JAMA) said.
PSA Peugeot Citroen has asked workers at its Sevelnord plant to agree to a pay freeze, hundreds of job cuts and other concessions, or face possible closure, officials at two unions have said.
Mercedes A-Class-based saloon is spotted testing ahead of its launch in 2014
Toyota has launched financial services in India to provide loans to vehicle buyers at dealerships.
Best shots yet of the new Porsche Cayman coupe taken by a reader on the streets of Stuttgart
Japan's Hitachi Automotive Systems announced plans to refurbish its redundant LCD screen plant in Zatec, some 75 km from Czech Republic capital Prague, to produce automotive shock absorbers from next year.
Tata Motors' Jaguar has beaten Toyota's Lexus to the top spot in the UK JD Power and Associates/What Car? UK Vehicle Ownership Satisfaction Study (VOSS). Lexus dropped to joint second place with Skoda after topping the results for the past 11 years.
General Motors has signed on as the automotive sponsor of the world's most popular soccer club, Manchester United, in an attempt to cement Chevrolet as a global brand. The brand will replace Audi as the team's automotive sponsor.
Volkswagen has agreed a new pay deal with the IG Metall union to raise wages for its German workers by 4.3 percent. VW also agreed to create an additional annual 175 training positions and offer permanent contracts to up to 3000 temporary workers.
Volkswagen has agreed a new pay deal with the IG Metall union to raise wages for its German workers by 4.3 percent. VW also agreed to create an additional annual 175 training positions and offer permanent contracts to up to 3,000 temporary workers.
Dragon Racing, which had just obtained a couple of leases from Chevrolet to run at the Indy 500, will scale back to one car after failing to secure a second full-time engine.
Therefore, the team has decided to split up driving duties between its two drivers and, from now on, Sebastien Bourdais will drive on the road and street courses while Katherine Legge will do her share of driving on oval circuits.
|
Sebastien Bourdais, Dragon Racing. (Photo: IndyCar) |
Dragon joined forces with Chevrolet after spitting from Lotus and although it was able to obtain two engine leases for the Indianapolis event, Chevrolet has decided to cut back its involvement to 11 cars from this weekend's Detroit race onwards.
Believe it or not, a Toyota Camry in Singapore can cost nearly as much as a house in the United States. Why? In an effort to curb traffic congestion across the country, the local government has significantly increased the cost of a driver's licence... to $68,000!
As a result, Singaporeans will have to pay the equivalent of $141,000 for a Japanese sedan that carries a base MSRP of $22,055 in Uncle Sam's land - pretty darn close to the average price of an American property, which is $158,000.
If that doesn't relieve Singapore's road network, maybe nothing will...
Source: Bloomberg