Of the US$600m that Mitsubishi Motors plans to invest for the construction of a new plant in Indonesia, $250m will go towards the development of an eight-seat MPV.
Volkswagen plans to launch a new luxury sedan, codenamed 511, under the VW brand and only in China.
Scania said it was starting "extensive cooperation" with MAN for gearboxes for heavy commercial vehicles.
Following Toyota India's recent announcement of a new marketing push in rural areas, Hyundai Motor India said rural sales accounted for 20% of its tally for August 2014, compared with 12% in 2011.
Tata Motors' Jaguar Land Rover has taken on 283 new graduates for 2014
Lyft, which makes a mobile application for ride-sharing, is acquiring Corral Labs to expand its carpooling business as competition with Uber Technologies Inc. mounts.
Lotus will soon halt the sale of its Evora sports car in the US because the model does not comply with the federal requirement to fit smart airbags.
News
24 Sep, 2014
Exclusive: data reveals parking ticket appeal rates in each UK region are as low as one per cent
It appears the annual round of strikes accompanying Korean autoworkers' wage demands is getting under way for 2014 as 47,000 unionised members of Hyundai Motor's 60,000-strong workforce downed tools today (23 September) for four hours, according to the Wall Street Journal.
It appears the annual round of strikes accompanying Korean autoworkers' wage demands is getting under way.
Labor unions at Hyundai Motor and affiliate Kia Motors are planning partial strikes after a record $10 billion bid to buy property in Seoul's Gangnam district.
General Motors has recalled 2013-2015 Cadillac XTS vehicles manufactured from 14 February 2012 to 22 August 2014, and 2014-2015 Chevrolet Impala vehicles made from 15 January 2013 to 22 August 2014 - 221,558 cars in total.
General Motors has recalled 2013-2015 Cadillac XTS vehicles manufactured from 14 February 2012 to 22 August 2014, and 2014-2015 Chevrolet Impala vehicles made from 15 January 2013 to 22 August 2014 - 132,921 cars in total.
Bosch plans to buy full control of its home-appliance joint venture from partner Siemens for EUR3bn in a move being seen as a strategic play as big automotive suppliers vie to exploit competitive strengths in the wake of ZF's deal to acquire TRW.
Hyundai must pay $73 million in punitive damages to the families of two Montana teenagers killed in 2011 crash blamed on a steering defect, a judge said.
New vehicle sales in Malaysia were flat in August at 51,125 units, compared with 51,106 units sold a year earlier, according to data released by the Malaysian Automotive Association (MAA).
Goodyear said it would use ash - left after the burning of rice husks to produce electricity - as an environment friendly source of silica for tyres.
Fiat Chrysler is recalling an estimated 230,760 Jeep and Dodge SUVs globally due to a fuel-pump issue that could cause the vehicles to stall or not start. The automaker said it was unaware of any accidents or injuries related to the issue.
Russia's car market faces two years with little prospect of significant recovery according to the head of Ford's operations there.
Magna International said it was setting up two new plants in the Sanand region of the state of Gujarat, India, as a result of winning new business awards for vehicles built on global platforms.