Elio Motors will use a former General Motors assembly plant near Shreveport, Louisiana to build three-wheeled vehicles it claims will achieve over 80 miles on a gallon of petrol.
Toyota's 26.6% year on year rise in sales of cars and light trucks in the United States in 2012 was the first such increase in five years.
Visteon has said its South Korean unit Halla Climate Control's relations with Hyundai Motor remained strong following a media report that the automaker was changing suppliers.
Sales of Daimler AG's Mercedes-Benz luxury brand reached a record in 2012 as rising U.S. demand offset a weaker market in China and pushed December volumes to an all-time high.
Vehicle sales in Europe are likely to fall for a sixth straight year in 2013, extending damaging price wars as mass-market manufacturers seek to protect their market share, Fitch Ratings says.
Research firm Pike Research is forecasting that global EV and hybrid sales will reach an annual 3.8m units by 2020.
Akebono Brake Industry began constructing Ai-Village, a global training centre, at its Ai-City Headquarters in Hanyu.
Whether we believe the recession is over or not, staying competitive is an increasing challenge. There is near-universal agreement that part of the solution is excellent product, but recruiting the talented engineers needed to do this is increasingly difficult. Is it just a matter of supply and demand or are there deeper challenges? What are the solutions? To find out, we spoke to Chester Boothe of Jonathan Lee Recruitment, one of the automotive industry's leading HR resourcing specialists.
Happy New Year. And all that. Now, for those to whom it applies, the turkey and associated festivities are out of the way for another year, 'tis time to look back at 2012 sales and ahead at 2013.
Upbeat prospects for car-sharing were underlined this week when car hire giant Avis purchased Zipcar for almost $500m. The analysts at Frost & Sullivan have been following the burgeoning car-sharing sector and, in this article, put the latest deal in context.
The government of congestion-choked Chinese city Shanghai wants residents to buy more electric cars so will offer extra rebates and free licence plates to buyers.
News
4 Jan, 2013
Skoda has confirmed six new models for 2013, including the Octavia Estate
Mazda plans to spend a further US$150m on its Guanajuato, Mexico, plant, currently being built, to boost annual capacity from 140,000 to 230,000 by the end of fiscal 2016, the company said in a statement.
Official VFACTS data released on Friday (4 January) by Australia's Federal Chamber of Automotive Industries (FCAI) showed 1,112,032 new passenger cars, SUVs and commercial vehicles were delivered in 2012, setting a new record.
Italy's car market declined by almost a fifth in 2012 as new car demand reeled under the impact of economic recession, fiscal austerity and renewed political uncertainty.
Despite consumer and business uncertainties about the fiscal cliff, US light vehicle sales remained robust in December, pushing total deliveries for the year to 14,492,398, close to the upper end of most analyst predictions.
Mazda said capacity at the plant it's building in Mexico that will also make cars for Toyota will be 21 percent larger than planned.
BMW sales surged 39 percent in December, powered by the 5-series car line, helping it top Mercedes-Benz in luxury-brand sales in the United States for the second consecutive year.
Fiat plans to boost its stake in Chrysler Group to 65 percent by exercising its option to purchase an additional 3.3 percent from the UAW's retiree health-care fund.
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