Mercedes could allow China partner BAIC to build cars using its vehicle platforms, parent company Daimler said. Daimler has agreed to buy a 12 percent stake in its local joint venture partner for 640 million euros ($822.3 million).
EXECUTIVE EDITOR BOB GRITZINGER: It's truly surprising how quickly vehicles become dated in today's marketplace. Case in point: this
Bubba Watson will take his golf game to Augusta National Golf Club in Georgia next weekend for the
News
4 Apr, 2013
Prices and specs have been announced for the new Volkswagen Golf GTI, and it starts at £25,845
General Motors said it will invest about $332 million in four manufacturing sites to produce more fuel-efficient engines and transmission systems.
General Motors' board will hold its quarterly meeting in Germany next week as the U.S. carmaker examines the efforts of its Opel/Vauxhall unit to become profitable. GM's European operations have lost $18 billion since 1999, but the U.S.
The problem facing Ford and General Motors' Holden selling indigenous rear-drive models in Australia was highlighted by the March sales results as the Mercedes-Benz C-class outsold Ford's Australian-built Falcon.
Toyota is introducing a new process aimed at improving new vehicle development efficiency and reduce costs.
Vehicle sales in Canada slipped 0.7% in March, although this was the fourth straight month of decline
News
4 Apr, 2013
The new Detroit Electric SP:01 is an Elise-based electric car that has a top speed of 150mph
Ferrari registrations in Japan surged to the highest in 12 years amid growing optimism Prime Minister Shinzo Abe's push to weaken the yen will help boost the world's third-biggest economy.
New Daimler trucks chief Wolfgang Bernhard aims to beat rivals Volvo and Scania in more than just sales. Closing the earnings gap with rivals would increase Bernhard's chances of eventually succeeding Daimler CEO Dieter Zetsche.
Volkswagen brand's U.S. vehicle sales rose 3 percent last month from a year earlier with most of the gains coming from one nameplate: the Beetle.
Germany knows just how powerful the BRIC nations have become.
Mercedes plans to launch a subcompact car range with the help of Renault-Nissan, a German magazine reported. The cars, badged as X-class models, would be priced below 20,000 euros and compete with BMW's Mini brand and the Audi A1.
BMW may export cars built under a new brand developed with Chinese partner Brilliance Automotive to mature and developing markets, global sales boss Ian Robertson said.
Opel has found no evidence in a crash test on its new Mokka small SUV that a controversial air conditioning refrigerant could catch fire in a collision and release toxic fumes.
Hyundai Motor and Kia Motors are recalling vehicles in the United States to replace a faulty switch that can prevent brake lights from illuminating and trigger other problems. About 1.7 million vehicles are involved.
The bankrupt electric-car battery maker formerly called A123 Systems, renamed B456 Systems, reached a settlement in which Fisker Automotive reduced its claims by 89 percent to $15 million.
Hyundai and its affiliate, Kia, will take "global action" to fix a potentially faulty brake light switch, after they said they planned to recall almost 1.9 million cars in the United States.
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