We haven't heard much about the Rimac Concept One lately, but that could be about to change.
Volkswagen has locked in the concept and design of a low-priced car to be sold under an all-new brand, VW executive Hans Demant
New cars sold in the EU last year emitted 4 percent less carbon dioxide than those sold in 2012, the European environment agency reported, although environmental campaigners said the improvement was exaggerated.
DIGITAL EDITOR ANDREW STOY: It's impossible to look at the Mercedes-Benz CLA without comparing it to the Audi A3 sedan I drove just a few weeks ago.
Auto parts maker Delphi Automotive Plc is reviewing potential violations of the U.S. Foreign Corrupt Practices Act linked to payments made by employees in China, the company disclosed in a regulatory filing.
News
30 Apr, 2014
Citroen's groundbreaking front-wheel drive Traction Avant to celebrate 80th anniversary at a number of events across France
Mazda CEO Masamichi Kogai has said the company is ready to begin talks with Ford to sell Mazda's stake in a joint venture that operates the Flat Rock plant in Michigan,
Reuters reported.
David Kelleher, a car dealer in suburban Philadelphia, said he's in uncharted emotional territory: He's excited about a new Chrysler sedan.
Industry veteran Jean-Marc Gales has stepped down as CEO of the European supplier group CLEPA. Before joining CLEPA, Gales, 51, was head of brands at PSA and had held high-level jobs with Mercedes, VW, BMW and Opel.
Daimler has reported a near doubling in first quarter profit, helped by healthy sales of new Mercedes-Benz models.
Tenneco has reported first quarter net income of US$46m compared with US$54m in the same period last year.
Automotive mergers and acquisitions (M&A) continued to decline for the second straight year to 465 total deals in 2013, PwC reported in its report Driving Value: 2013 Automotive M&A Insights.
Robert Bosch expects sales growth of between 3 and 5 percent this year, even as the automotive supplier shifts its focus toward Asian markets and developing Internet-connected sensors.
PSA Peugeot Citroën says it has completed the share and rights issues for Dongfeng Motor and SOGEPA, a fully-owned French State company, for a total of EUR1.05bn (US$1.45bn), as well as formally appointing Louis Gallois as chairman.
News
30 Apr, 2014
The Ferrari LaFerrari hypercar has arrived, but how does it stack up against its rivals from McLaren and Porsche?
The Bosch Group reported sales up 7% in the first quarter of 2014 taking FY13 sales to EUR46.1bn (US$63.7bn) an increase of 3.1% over FY12.
Bosch expects sales growth of between 3 percent and 5 percent this year, even as the supplier shifts its focus toward Asian markets and developing Internet-connected sensors.
Auto glass supplier Saint-Gobain booked growth of 2.6% (6.8% on like-for-like basis) in sales to EUR9.87bn (US$13.63bn) in the first quarter of 2014.
Magna International's powertrain unit has laid the foundation stone for a new manufacturing facility in Ramos Arizpe, Coahuila, Mexico, to supply Audi's new SUV plant also currently under construction.