European Commission vice president, Antonio Tajani, claims he has secured union backing for the CARS 21 automotive initiative outlined last week in Brussels.
Chinese police suspended the licenses of five Ferrari drivers who were caught speeding along a highway together as fast as 213kph (132 mph), the state-run Global Times reported.
Porsche has found a way to sell the remaining 50.1 percent of its sports car unit to VW Group without paying an estimated 1.5 billion euros ($1.9 billion) in tax, a German business weekly reported.
Nissan North America plans to more than double export markets for the redesigned 2013 Altima which its Canton, Mississippi, plant began assembling last week, a few weeks after the Smyrna, Tennessee, factory.
Asahi Kasei Plastics has opened a new sales office in Mexico in the Metepec Business Centre of Toluca, adding to the company's four warehouses in San Luis Potosi, Puebla, Torreon and Monterrey.
Valeo has inaugurated the extension to its plant in Veszprém, Hungary, which produces comfort and driving assistance systems, with the addition increasing the site's capacity by 50% in the next few years.
New, more affordable petrol-electric hybrid will join the Lexus GS line-up next year
GKN Driveline has expanded its precision forge in Celaya, the third such operation the company has built there since 1979.
Nexteer says current president and CEO, Robert Remenar, is to step down from his roles with immediate effect, although he will remain on the board of directors.
Mark Reuss, General Motors' North America president, says he's not fazed by a decline in GM's U.S. market share this year.
Global suppliers, attracted by stunning growth prospects, are shrugging off this year's slowdown in auto sales in China and investing heavily in the world's largest auto market.
After three decades of heavier vehicles and little improvement in mpg, automakers are in a breathless sprint to bring out models that dramatically move the needle on fuel economy.
Takanobu Ito took the helm of a teetering Honda Motor Co. in June 2009 with a curious mixture of pride and angst.
Jonathan Browning, CEO of Volkswagen Group of America, has been on the job only two years, but the German automaker's U.S. sales have made tremendous progress, climbing 23 percent last year to 443,840 vehicles. But there is more work to do.
Cadillac is considering a large, flagship sedan to take on the Mercedes S class and BMW 7 series, a top General Motors official says.
Stop-start technology has been a mainstay of hybrids and in Asia and Europe. Now it's going mainstream in Detroit. The 2013 Ford Fusion and the 2013 Chevrolet Malibu have stop-start systems.
Aston Martin is preparing to introduce a vehicle that will replace the flagship line of DBS automobiles.
Carmakers are giving Chinese dealers no relief in their effort to reduce a glut of unsold automobiles in a slowing economy, as factories pump passenger vehicles into showrooms faster than distributors can sell them.
Jonathan Browning, CEO of Volkswagen Group of America, has been on the job only two years, but the German automaker's U.S. sales have made tremendous progress, climbing 23 percent last year to 443,840 vehicles. But there is more work to do.