Auto News 5

Tesla Motors and Panasonic have agreed to cooperate on the construction and operation of the American carmaker's so-called gigafactory, its envisioned large-scale battery manufacturing plant in the United States.

David Ingrams, who retired from Audi UK's press office today (31 July) played a key role in helping the German automaker's engineers achieve "uncompromised" right hand drive configurations and also oversaw a collection of about 50 classic cars, many of which he helped to launch when new. The man who praised Audi for taking the long-term view has himself served 36 years with the automaker and the connection may not yet be completely severed.

David Ingrams, who retired from Audi UK's press office today (31 July) played a key role in helping the German automaker's engineers achieve "uncompromised" right hand drive configurations and also oversaw a collection of about 50 classic cars, many of which he helped to launch when new. The man who praised Audi for taking the long-term view has himself served 36 years with the automaker and the connection may not yet be completely severed.

News 31 Jul, 2014

Mercedes updates the E-Class, adding improved standard kit, more power and lower emissions – on sale from September

China's Chery Automobile has signed an agreement to export 13,000 cars to Venezuela this year.

South Africa's engineering bargaining council (MEIBC), says pictures of striking employees carrying tyres were 'not very helpful' as the country starts to recover from the near five-week walkout.

Nissan Motor said its Japanese supplier of airbag systems, Takata Corporation, is expected to meet all the costs relating to its massive car recall last month.

Volkswagen said operating profit declined 3.1 percent in the second quarter as emerging-market volatility and a plunge in earnings at its core passenger-car division weighed on earnings.

Volkswagen said operating profit declined 3.1 percent in the second quarter as emerging-market volatility and a plunge in earnings at its core passenger-car division weighed on earnings.

Volkswagen said operating profit declined 3.1 percent in the second quarter as U.S. sales fell and emerging-market volatility weighed on earnings.

Continental raised its 2014 profit forecast for the second time this year to 11 percent of sales from 10.5 percent, after lower production costs and improving auto demand helped boost quarterly earnings.

Daimler is to spend EUR1.5bn (US$2bn) to modernise the Mercedes-Benz Sindelfingen plant by 2020 and has also reached a multi-year agreement with the works council on cost reductions worth several million euros.

ZF Friedrichshafen is said to be in advanced talks to acquire TRW Automotive Holdings in a deal estimated at nearly US$12bn.

Goodyear is reporting second quarter revenue down 4% to US$4.7bn, although tyre unit volumes rose 3% to 40.6m.

Daimler plans a 1.5 billion euros investment its Mercedes plant in Sindelfingen, Germany, after employees agreed a labor deal that the company says will save 100 million euros in costs.

Europe was Mitsubishi's most profitable region in the fiscal first quarter ended June 30, the company said.

Fiat shareholders will likely approve the automaker's merger with Chrysler when they meet in Italy for the last time on Friday. Industry watchers expect Fiat to win the two-thirds majority vote needed for a merger.

Fiat shareholders will likely approve the automaker's merger with Chrysler when they meet in Italy for the last time on Friday. Industry watchers expect Fiat to win the two-thirds majority vote needed for a merger.

Dallara shook down its new Indy Lights spec racer, the IL-15.

This new car will be used starting next year.

It is power by a turbocharged, two-liter AER engine that produces some 450 bhp.

The test took place at Putnam Park, 30km away from Indianapolis.

Conor Daly and former Indy Lights series' champion Tristan Vautier drove the IL-15.

The new IL-15 will again be tested Monday of next week at Mid-Ohio, the day following the IndyCar and Indy Lights race.

Dallara IL-15 Indy Lights (Photo: IndyCar)

Just over a month ago, Renault Sport revealed the body lines of its new sports car.

Today, the French company can reveal its name: Renault Sport R.S. 01.

Paddocks, engine oil and burned rubber... Discover the first picture of Renault Sport R.S. 01, caught in its natural environment.

The next important date is August 27 at the Moscow Motor Show, when Renault will us all about this spectacular sports car, which is set to become the next star in the World Series by Renault.

Renault Sport R.S. 01 (Photo: Renault Sport)