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The EU launched a case against Brazil at the World Trade Organization to challenge Brazil's taxes on imports ranging from cars to computers.

Brembo and the European Investment Bank (EIB) have signed a financing contract for EUR55m (US$75m) aimed at supporting the Bergamo-based company's research and development activity in the fields of control of the environmental impact and further reduction of braking systems weight.

UK car production rose 4.5% in first 11 months of year to 1,424,023 units according to data issued by the SMMT.

News 19 Dec, 2013

Honda Jazz-based SUV arrives in showrooms in Japan ahead of 2015 UK launch

Honda has begun sales in Japan of its Vezel small SUV. The model is due to be launched in Europe in 2015, so details on specifications, engine options and naming of the model are still to be confirmed for the European market.

Pictures See all 5 pictures 19 Dec, 2013

Johnson Controls says it expects to post year-on-year segment income improvement of around 15% and consolidated net sales of US43.8bn in 2014.

Japan's Nissan Motor has established a new national sales joint venture in the Philippines with its long-standing local partner Universal Motors Corporation and its Nissan Motor Philippines manufacturing subsidiary.

Daimler will own as much as 5 percent of Aston Martin as part of a deeper agreement to share technology with the British sports-car maker.

Daimler will own as much as 5 percent of Aston Martin as part of an agreement to supply the British sports-car maker with technology.

Daimler will take a 5 percent non-voting stake in Aston Martin, the Financial Times reported, completing a deal between the German and British car makers.

Schaeffler has appointed Norbert Indlekofer and Peter Pleus, currently business division heads of Schaeffler Automotive, to its executive board.

American Honda is counting on two new-generation cars debuting next month at the Detroit auto show to boost U.S. sales in 2014. Honda will unveil the third-generation 2015 Fit subcompact at the show, the company said today.

Honda will join Europe's booming subcompact SUV/crossover segment by launching a European-version of its new Vezel, which is based on the Jazz/Fit.

The Toyota Camry, headed for its 12th consecutive year as the best-selling car in the U.S., returned to Consumer Reports' recommended list after showing improvement on an insurance-industry crash test.

Honda is ready to take a run at one of the auto industry's fastest-growing segments in the United States: compact, sporty crossovers.

Audi confirmed that its chief designer, Wolfgang Egger, will move to Italdesign Giugiaro, where he will become the design house's styling director on Feb. 1, 2014.

Audi confirmed that its chief designer, Wolfgang Egger, will move to Italdesign Giugiaro, where he will become the design house's styling director on Feb. 1, 2014.

Honda will use the upcoming 2014 North American International Auto Show in Detroit to unveil the all-new, third-generation 2015 Honda Fit, which promises even greater fuel economy than the outgoing model.

Production will take place at Honda's new assembly plant in Celaya, Mexico.

Once again combining flexible cargo room with dynamic handling, the 2015 Honda Fit benefits from the next-generation Advanced Compatibility Engineering (ACE) body structure, which should translate into a top-notch safety rating.

More details, photos and specifications to come on January 13th.

Photo: Honda

From GMM

Esteban Gutierrez is set to secure one of the four last race seats on the 2014 grid.

Bianca Garloff, the correspondent for the German publication Sport Bild, reported exclusively that Sauber will make the announcement about Adrian Sutil's teammate on Friday.

The news will heighten speculation Sauber's Russian rescue deal is on the rocks, as the teen Sergey Sirotkin was expected to make his grand prix debut next year for the struggling Swiss team.

Mexican Gutierrez, 22, made his F1 debut this year for Sauber, which has been backed by the Mexican telcom Telmex since Sergio Perez drove in 2011 and 2012.

Photo: WRi2

He was recently spotted visiting Caterham's UK headquarters, but Gutierrez staying at Sauber would firm up Giedo Van der Garde's chances of remaining in green overalls next year, possibly to be joined by the Swedish rookie Marcus Ericsson.

The other remaining 2014 vacancy is at Marussia, but team boss John Booth said the Briton Max Chilton is likely to remain Jules Bianchi's teammate.

"We are very close (to re-signing) with Max, very close," he told Britain's Sky this week. "He wants to stay and we want him to stay so it's a matter of sorting the details out really."