Chancellor Angela Merkel's government is looking for ways to encourage electric bikes to replace trucks for local freight shipments in Germany. BMW and Daimler's subsidiary, Smart, already offer e-bikes.
Fiat plans to launch its Maserati brand in India, The Economic Times said citing a source.
Car sales in India grew for the third successive month in July, raising hopes of gradual recovery for the industry following elections earlier this year.
PKC Group says second quarter revenue declined 12.3% to EUR206.2m (US$276m).
China Automotive Systems (CAAS), a power steering components and systems supplier in China, has announced that it has entered into a Stock Exchange Agreement to acquire the remaining 20.0% minority interest in Jingzhou Henglong Automotive Parts Co., Ltd. ("Jingzhou Henglong"), and the remaining 19.0% minority interest in Shashi Jiulong Power Steering Gear Co., Ltd. ("Shashi Jiulong"), from Jiulong Machinery Electricity Manufacturing Co., Ltd. ("Jiulong Machinery Electricity").
New vehicle sales in China increased by 6.7% to 1.62 million units in July, from strong year-earlier volumes of 15.2 million units, according to the China Association of Automobile Manufacturers (CAAM).
Magna has posted second quarter net income up 22% to US$510m with sales of US$9.46bn, an increase of 6% compared to last year.
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11 Aug, 2014
Range Rover with chassis number 001 estimated to sell for £140,000 when sold at auction
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12 Aug, 2014
The Alfa Romeo Montreal makes our list of readers’ 10 Most Wanted Cars. Here’s how it could look…
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Shape of fourth-generation MX-5 revealed in reader spy shots, as mysterious teaser surfaces online
The second generation Hyundai i20 will have its global debut at October's Paris motor show.
Cooper Tire & Rubber has posted second quarter net income of US$38m, compared with US$35m last year, while net sales were US$889m, an increase of 1% from US$884m in 2013.
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12 Aug, 2014
Six new Lightweight Jaguar E-Type cars are on the way, thanks to Jaguar's hertitage team
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11 Aug, 2014
Kia has published the first pictures of the new third generation Kia Sorento SUV
LG Display, the world's second-largest flat panel maker, is aiming to nearly double its share of the in-vehicle auto screen market.