New vehicle sales in the Philippines rose by 14.8% to 14,764 units in September, from 12,857 units a year earlier, according to data released jointly by the Chamber of Automotive Manufacturers of the Philippines Inc. (CAMPI) and the Truck Manufacturers Association, Inc.
New vehicle sales in mainland China expanded strongly in September, by 17.4% to 1,935,800 units, from a weak 1,617,400 units a year earlier, according to the China Association of Automobile Manufacturers (CAAM).
Bridgestone Corporation has announced that its subsidiary in Vietnam, Bridgestone Tire Manufacturing Vietnam Limited Liability Company(BTMV) has decided to increase production capacity at the company's new passenger car radial tyres (PSR) plant currently under construction in Hai Phong City, Vietnam.
European Union environment ministers agreed to German demands to scrap an agreement to cap average EU new-car emissions at 95 grams per kilometer in 2020 from about 130/g/km now after Berlin argued the target would cost jobs and damage its premium...
European Union environment ministers agreed to German demands to scrap an agreement to cap average EU new-car emissions at 95 grams per kilometer in 2020 from about 130/g/km now after Berlin argued the target would damage its premium automakers.
Hyundai, Kia and Toyota are preparing to take on Peugeot, Renault and Opel with a range of new small SUVs as European sales in the segment look set to boom.
Rolls-Royce CEO Torsten Mueller-Oetvoes expects sales of the automaker's first coupe and robust demand in Asia to help drive deliveries through next year.
General Motors scaled back cooperation with PSA months into their alliance and later turned down a government-backed merger, leaving China's Dongfeng as the French carmaker's last hope, sources said.
Tough break for Panther Racing who will lose one of the best sponsorship packages in IndyCar racing as the National Guard have decided to switch to Rahal Letterman Lanigan Racing for the 2014 season.
National Guard had been closely associated with the Panther Racing squad since 2008 and its sponsorship has reportedly been anywhere from $10-13 million per year.
National Guard bids its contract annually and it is believed several teams, including Sam Schmidt, Andretti Autosport, Rahal/Letterman/Lanigan and Panther all submitted proposals for 2014.
Rahal/Letterman/Lanigan Racing is currently a two-car team with James Jakes and Graham Rahal but this new deal figures could allow Bobby Rahal to look for a top driver Justin Wilson, James Hinchcliffe, Ryan Briscoe or, even Oriol Servia to join his son.
National Guard on Ryan Briscoe's Panther Racing car. (Photo: IndyCar)
Hankook Tire will invest $829 million CAD to build its first American plant in Clarksville, Tennessee. Construction will begin next year, and tire production is expected to start in 2016.
Nearly 1,800 full-time jobs will be created as a result.
“This new facility will help Hankook Tire accomplish our plan to establish a production base in all major markets,” said Mr. Seung Hwa Suh, Vice Chairman and CEO of Hankook Tire. “We will be able to provide our customers, consumers and vehicle manufacturers with high quality tires and industry leading service to meet the demands of the American market.”
Ford has inaugurated a new battery lab at the University of Michigan in Ann Harbor, a move that will accelerate the development of more efficient, yet more affordable, electric vehicles.
The lab, which required an $8 million investment from governments and private parties, will be operational within a year. Scientists will test new battery concepts, components, and chemistries for the next generation of EVs.
Ford Focus Electric. (Photo: Ford)
“We have battery labs that test and validate production-ready batteries, but that is too late in the development process for us to get our first look,” said Ted Miller, who manages battery research for Ford. “This lab will give us a stepping-stone between the research lab and the production environment, and a chance to have input much earlier in the development process. This is sorely needed, and no one else in the auto industry has anything like it.”
There's a new video that shows the upcoming 2014 Chevrolet Camaro Z/28 lapping Germany's famous Nürburgring road course in 7:37.40 despite rainy conditions.
The Z/28's lap is actually four seconds faster than the Camaro ZL1. It even beats published times for the Porsche 911 Carrera S and Lamborghini Murcielago LP640.
"One of the challenges of testing at the 'Ring is that the track is so long that conditions can change radically in a single lap," said Al Oppenheiser, Camaro chief engineer. "Adam Dean, the development driver for Z/28, did a heroic job driving in deteriorating conditions. Based on telemetry data from our test sessions, we know the Z/28 can be as much as six seconds faster on a dry track."