Automakers have embarked on an ambitious drive to hire software "codaholics," an effort that is increasingly pitting Detroit against its technology partners in Silicon Valley.
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27 Sep, 2013
The Honda NSX supercar replacement is due in 2015 with prices likely to start at around £100,000
Hyundai and its sister company Kia had an 8.8% share of the global market in the first half of the year, the same level as they had in 2012, according to research firm LMC Automotive.
The new R Cabriolet might not be quite as fast as the Porsches that are also built at Volkswagen's Osnabrück plant, but it is still the quickest (and priciest) open-top Golf ever made.
EDITOR WES RAYNAL: This 2013 Lexus
We spend a lot of time on the Internet -- pretty much whenever we're not driving, writing about or working on cars.
In advance of their exhibition "Porsche by Design: Seducing Speed," the North Carolina Museum of Art has released a gorgeous series of historical
General Motors reportedly has forced out several executives and managers, including the head of its global engine operations, as the company's recall of vehicles in India raises questions about improper emissions tests.
France says Mercedes-Benz A, B and CLA models will be banned from sale in the country as long as the automaker "does not conform to the applicable European rules," by using the r134a refrigerant, a situation the automaker says is "absolutely inexplicable."
To avoid the fate of other slow-selling electric vehicles, BMW AG will offer the new i3 with a unique option: the use of a spare, conventionally powered auto to overcome concerns about getting stuck with a dead battery.
BMW says the i3 electric car unveiled today will set new benchmarks for environmentally-friendly materials while still performing like a BMW.
Gentex second quarter net sales increased 2.40% to US$286.97m compared to $280.26m in the second quarter of 2012; while its half yearly sales fell 2.54% year over year to $556.47m from $570.96m. The company's income from operations for the quarter reflected an increase of 24.5% to $71.6m from $57.51m, meanwhile its income from operations for the first half increased 10.11% to $135.4m from $123.01m.
Accountants Deloitte lost an appeal over a ruling that it failed to manage conflicts of interest in its advice to MG Rover Group and the "Phoenix Four" directors who bought the carmaker from BMW before it collapsed.
Plastic Omnium's revenue for first half increased 7.4% to EUR2.57bn (US$3.4bn) compared to EUR2.39bn in the first half of 2012. Its operating income increased 12.3% year over year to EUR190.1m from EUR169.13m. EBITDA increased 10.9% to EUR293m compared to EUR264.2m, while net profit increased 6.4% to EUR104.3m compared to EUR98m.
Trelleborg's consolidated net sales amounted to SEK5.63bn (US$863.95m) (Q2 2012:SEK7.53bn) a fall of 25.2% for the second quarter.
Paul Willcox, who has been with Nissan for 21 years, has left the company's European division amid speculation that he could be heading for Volkswagen's UK operations.
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