News
3 Dec, 2013
Mercedes S63 AMG Coupe is pictured on the road in Europe
U.S. sales of cars and light trucks surged 9 percent in November to 1.24 million units and rolled off dealership lots at the fastest pace in almost seven years. The industry's annualized sales rate, adjusted for seasonal factors, rose to 16.
Bosch's aftermarket division is highlighting the importance of open markets as the debate surrounding Free Trade Agreements (FTAs) between the European Union (EU) and major trading blocks such as those in the Far East and the US, continues.
Tesla Motors' Model S, the electric car being investigated for a possible U.S. recall, was cleared of any safety defect in a review by Germany's transportation regulator, the company said.
Tesla Motors' Model S, the electric car being investigated for a possible U.S. recall, was cleared of any safety defect in a review by Germany's transportation regulator, the company said.
Car sales in Germany will recover next year even though November registrations showed a 2 percent decline, industry association VDA said.
Fiat and its Chinese partner are near a deal to begin producing Jeeps in China for the first time since 2006 after they compromised on the plant's location, two people familiar with the talks said.
Fiat and its Chinese partner are near a deal to begin producing Jeeps for the Chinese market in China for the first time since 2006 after they compromised on the plant's location, two people familiar with the talks said.
Tata Motors said it has committed to long term R&D in the UK with a multi-million pound investment through subsidiary, Tata Motors European Technical Centre (TMETC), at the University of Warwick campus.
Daimler faces allegations of insider trading over its disposal of shares in EADS, the European aerospace company, in 2006, the Paris prosecutor's office said.
New vehicle sales were down 4.6% year on year to 50,806 units in November, according to South Africa's vehicle manufacturers' association NAAMSA.
Honda and Ford were the big winners among the major players in Indian car sales in November.
Daimler's Mercedes-Benz has built a helipad in the grounds of its Pune assembly plant to fly in potential AMG sports brand buyers.
National Electric Vehicle Sweden (NEVS) says it is looking to hire up to 100 more staff at the start of next year as it gradually ramps up production, but is steering clear of revealing volume or break-even targets.
Toyota Motor Manufacturing, Baja California (TMMBC) has marked 10 years of operation with a donation of US$10,000 and three trucks to local charities.
Chrysler's Ram Commercial Truck division is to rebadge Fiat's Doblo small van for North America, launching it as a 2015 model.
Continental and Schaeffler are increasing efforts to collaborate in purchasing through joint suppliers.
Chinese car makers are continuing to do well in Russia despite the slow economy there, according to a trade group.
Japanese automakers continue to report rising sales after a plunge in 2012 due to a buyer backlash over a territorial dispute with Japan over a cluster of islands.