Hyundai Motor expects to lose an estimated 30,000 units of production following a fire at its Beijing Hyundai assembly plant. No one was injured but it is likely to take at least a month to get the plant operational again.
Ford has said it would soon start making money again in Asia as production gets back to normal levels.
Volkswagen group luxury brand Audi could be selling 1.5m cars a year before its original target date of 2015 because of continuing demand in China, the USA and Russia, the annual shareholder meeting in Ingolstadt heard on Thursday.
General Motors said it had started a detailed evaluation of its transmission factory in the eastern French city of Strasbourg with a view to a possible sale.
Nissan said contract manufacturer Magna Steyr will build a new premium compact car for the automaker's Infiniti brand starting in 2014.
Porsche will introduce a smaller version of its four-door Panamera sedan by 2017, a German car magazine said. The sedan, code-named Pajun, will expand Porsche's portfolio to six model lines and compete with the Mercedes E class and CLS coupe cars.
China Automotive Systems (CAAS) has unveiled first quarter net sales down 7% to US$84.5m and gross profit off from US$20m to US$16m, as the company reports falling domestic demand and rising fuel costs.
SsangYong has released a teaser image of a replacement for the Rexton SUV which makes its global debut at the Busan motor show in South Korea on 24 May.
SsangYong has given its Rexton SUV a revised model name, a facelift and an all-new 2.0-litre engine. The updated model made its global debut at the Busan motor show on 24 May.
Nissan's US unit has broken ground for a second engine plant at the automaker's complex in in Decherd, Tennesee. It will produce I4 petrol engines for Infiniti, and Mercedes-Benz C-class cars assembled at Daimler's plant at Tuscaloosa, Alabama.
Following the Chinese government's refusal to approve a proposed manufacturing JV with Chery Auto, Fuji Heavy Industries now says it will look to the US for the majority of global sales growth for Subaru.
The newest Porsche, a baby crossover inspired by the larger Cayenne SUV and a key driver of the automaker's ambitious sales goals, has been spotted uncovered on the roads of Germany.
Ford plans to triple annual output of EcoBoost-equipped vehicles built in Europe by 2015.
Tesla Motors reported a first-quarter net loss of $89.9 million, worse than its $48.9 million loss last year, as the cost of bringing the Model S electric sedan to market mounted.
A woman who stole $10.3 million from the Pittsburgh-area Acura dealership where she worked was sentenced today to 6½ years in prison. Patricia K. Smith, former controller of Baierl Acura in Pine, Pa.
GM and PSA Peugeot Citroen are hammering out agreements for the projects they want to tackle together as part of their new global alliance, including expanding the number of vehicles they will build on shared platforms.
Electric vehicles marketed for their green benefits or societal reasons will never catch on with American consumers, a panel of EV experts agreed.
John and Helen Taylor recently drove a 2012 Volkswagen Passat TDI carefully enough to return an unbelievable 84.1 mpg on trip from Houston, Texas, to Sterling, Va. That's 1,626.
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