Vietnam's automotive market showed little sign of improvement in July, with sales falling by 19.7% year-on-year to 6,937 units, according to data released by the Vietnam Automotive Manufacturers Association.
Perennial loss-making Spanish subsidiary Seat is dragging Volkswagen down and it would make sense to close it down and use its factories for other profitable group brands, an auto industry expert has said.
Silent, torquey and strong, the Focus Electric launches from a standstill at Ford's proving ground. The Blue Oval's latest
Unions in India say the government has offered to provide a battalion of armed police for a year to Maruti-Suzuki in an effort to entice the automaker to restart operations.
Audi said demand across all its major markets, including Europe, increased by 12.9 percent to 119,600 vehicles last month, making it the automaker's best July ever.
Audi said demand across all its major markets, including Europe, increased by 12.9 percent to 119,600 vehicles last month, making it the automaker's best July ever.
Videos
10 Aug, 2012
Watch a radio-controlled MINI Cooper as it collects the javelin, discus and hammer
A proposed rule requiring automakers to double their average fuel economy by 2025 is unrealistic and stemmed from a secret deal favoring companies receiving U.S. government bailouts, according to a report released today by House Republicans.
Aurora, Ontario-based global supplier and contract assembler Magna International on Friday (10 August) said second quarter 2012 operating income rose from $108m last year to $470m, with net income up$67m to $349m and earnings per share up $0.33 to $1.48.
News
10 Aug, 2012
Jaguar has revealed the engine line-up for its new two-seater sports car
The UK automotive supply chain could win GBP3bn of additional new business in the UK, according to country's Automotive Council.
New vehicle sales in the Philippines jumped by 26.1% to 14,503 units in July, compared with 11,504 units a year earlier, according to data released by the Chamber of Automotive Manufacturers of the Philippines Inc (CAMPI).
The French government has appointed a special advisor to probe PSA's plans to eliminate 8,000 jobs and close a car plant in France.
Renault's South Korean unit said it will launch a voluntary redundancy program, its first ever, as it grapples with slumping sales both at home and abroad.
Smart's sales have been rising since Mercedes-Benz took over the brand more than a year ago, but not fast enough. So the minicar brand will continue to tinker with new trims, wraps and accessories until its new vehicles begin to arrive in 2014.
Hyundai Motor Group Chairman Chung Mong-koo has big plans for Europe.
Continental says it will launch production of a pedestrian detection system early next year for an unnamed German automaker that will introduce it on a global vehicle.
Magna International reported a 24-percent jump in quarterly profit and said it was buying the controlling minority stake in its electric car business.
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