Abu Dhabi is exiting its investment in German carmaker Daimler AG, a German magazine reported, citing unidentified people within Daimler.
The Museo Ferrari in Maranello, Italy, will celebrate the late Sergio Pininfarina with an exhibition of his greatest Ferraris on Oct. 26.
Both Toyota and Honda want to cut back on the number of cars they export from Japan in a bid to counter the strength of the yen which can add up to USD1,200 to the cost of each car exported.
News
3 Oct, 2012
Pricing revealed for new VW Golf Mk7, starting from £16,330 - that's £95 less than its predecessor
The 2013 Volkswagen Jetta hybrid SE starts at $27,785, including a $795 destination charge, the automaker said Wednesday.
Mitsubishi will spend THB4-5bn (US$130m-$163m) next year to upgrade three Thai car assembly plants to increase output of existing models and prepare for new vehicles.
Renesas Electronics, the world's top maker of microcontroller chips for cars, will let about 17 percent of its work force leave through an early-retirement program as the unprofitable company seeks to restructure.
AutoNation said retail sales of new vehicles surged 23 percent in September to 22,982 units. Import brands made the largest jump -- 38 percent above September 2011 -- to 11,854, the company announced today.
Nissan is giving the 2013
Toyota, Mercedes-Benz and BMW retained their ranking among the world's top 15 global brands, while Nissan made the biggest gain from last year among automotive brands in an annual survey. Kia joined the list for the first time.
Supercars lit up the City of Light as horsepower and performance took center stage at the 2012 Paris motor show, even as Europe's economic woes cast a dark shadow over the proceedings.
News
3 Oct, 2012
Four Renault vehicles will take part in the eco race on 3 November
Vehicle sales in South Africa were up 10% in the first nine months of the year at 464,189 units according to data released by auto trade body Naamsa.
NEWS EDITOR GREG MIGLIORE: The Mercedes-Benz E350 4Matic coupe is a sleek and smart execution of the modern luxury coupe.
Turkish car and light commercial vehicle sales rose 15.8 percent year-on-year to 69,629 units in September, the Automotive Distributors' Association said on Wednesday.
A year ago, Colombian president Juan Manuel Santos visited Japan to promote commerce between both countries. Now, the Colombian government has announced that Tokyo and Bogotá have begun official negotiations that should result in an Economic Partnership Agreement (EPA).
French automotive supplier, Valeo, says it is concentrating on the two key areas of CO2 reduction and driver assistance.
Canadian Auto Workers (CAW) union members at Chrysler have now approved a new collective agreement, voting 90% in favour of ratification. Voting took place last weekend in Windsor, Brampton and Etobicoke, Ontario, where the automaker has factories.
Toyota topped a list of 12 car companies in the top 100 best global brands listed by Interbrand.