Russia's Federal Antimonopoly Service has cleared Volkswagen International Finance to increase its stake in Volkswagen Group Rus to 55.14%.
Volkswagen will recall more than 207,000 SUVs sold in China over a possible defect in the lights, China's quality watchdog said.
News
13 Nov, 2013
Spy shots of new Audi Q7, a car that will lead Audi's expansion in the SUV market
Steelmaker Severstal plans to supply 591,000 tonnes of steel sheets to automakers in Russia and CIS countries in 2013, which is almost flat year on year compared to 585,000 tonnes in 2012, Vladimir Rakhuba, head of sales to the automobile industry, said.
Apollo Tyres has reported a fall in second quarter revenue in its home market India, underscoring the need to complete the acquisition of US company Cooper Tire & Rubber to diversify overseas.
Awards
13 Nov, 2013
The seven best cars 2013 have been named by readers across Europe
Bain Capital is in advanced talks to acquire auto parts supplier TI Automotive in a deal approaching $2 billion, people familiar with the matter said on Tuesday.
Tesla Motors co-founder Elon Musk says 'there's definitely not going to be a recall' of the company's Model S sedan. Ultimately, it's not up to him.
FAW Volkswagen sold 1.23m motor vehicles in the first 10 months of this year, up 21.1% year on year.
News
13 Nov, 2013
More efficient ECO and 4MATIC all-wheel drive models for the Mercedes A-Class and B-Class lineup
Chrysler has looked to the human body as an inspiration for the next generation CNG fuel tanks to enable them to carry more fuel for a given space and for those fuel tanks to better shaped for capacity than traditional gas cylinders.
General Motors said today it will move its international operations headquarters to Singapore from Shanghai in the second quarter of 2014.
The U.S. Treasury Department said net proceeds of its sales of General Motors shares totaled about $1.2 billion last month as the government winds down its investment in the automaker.
Vietnam's new vehicle market continued to recover in October, with sales rising by 20.2% to 8,465 units, from 7,041 units in the same month of last year, according to data released by the Vietnam Automotive Manufacturers Association.
Indomobil Multi Jasa, the a car rental and auto financing subsidiary of Indonesia's second largest vehicle distributor Indomobil Sukses Internasional, announced plans to raise up to IDR838bn (US$72m) in an initial public offering later this month.
General Motors has announced plans to relocate its "Consolidated International Operations" headquarters from Shanghai to Singapore in 2014.
General Motors announced plans to move its international headquarters back to Singapore, from Shanghai, following internal restructuring which will separate the company's mainland China operations from its international business.
Russian new-car sales fell for an eighth straight month in October, down 8 percent, with no signs of improvement in the market.
It would be easy to call the 2015 Lincoln MKC the vehicle that will make or break the Lincoln Motor Co., but that's not entirely accurate.
When European-car importer Max Hoffman suggested to Porsche that the American audience might like a cheaper, open-top version of the company's