Cadillac has no plans to back off its sharply higher sticker prices or sweeten incentives to improve slumping U.S. sales, new brand chief Johan de Nysschen said.
Treasury Secretary Jack Lew warned the Chinese government that a recent spate of antitrust investigations against foreign automakers and other companies could have serious implications for U.S.-China relations.
The Indian government will continue with the current excise tax cut beyond December.
The UAW's strike at a Lear Corp. seating plant that supplies Ford's assembly plant in Chicago was ended after one day.
Ford will debut the new S-Max at the Paris auto show on Oct. 2 ahead of the minivan's sales launch in Europe next summer.
The independent lawyer overseeing GM's program to compensate victims of accidents that involved defective ignition switches has approved claims for 19 deaths, at least six more fatalities than GM has officially linked to the faulty part.
News
15 Sep, 2014
An official-looking image of the forthcoming Fiat 500X SUV has surfaced online ahead of next month's Paris Motor Show
The European Union wants the World Trade Organization to rule on its dispute with Russia after Moscow imposed tariffs on vans imported from Germany and Italy. The EU said Russia is illegally protecting its own producers.
The EU wants the World Trade Organization to rule on its dispute with Russia after Moscow imposed tariffs on vans imported from Germany and Italy. The EU said Russia is illegally protecting its own producers.
ZF has reached a deal to buy TRW Automotive for $105.60 per share in a supply chain megadeal that has been in the works since mid-July.
TRW will become a separate business division within ZF after the two struck a deal under which ZF will acquire all outstanding shares in TRW.
Renault plans to build its Fluence electric sedan in China for an unspecified local brand, CEO Carlos Ghosn said.
News
15 Sep, 2014
High-spec Mixx and Maxx trims are now available for the Kia Soul, costing from £18,150
News
15 Sep, 2014
Fresh spy shots emerge of Audi’s next-gen Q7 – on course to arrive mid-2015 with a plug-in hybrid powertrain
Car makers in Argentina have enough dollars to meet production and sales targets, the government said following reports that General Motors had suspended exports from neighbouring Brazil due to a hard currency shortage.
Nissan may begin purchasing electric-vehicle batteries from LG Chem as it opens procurement to external suppliers in addition to its own manufacturing with NEC Corp., CEO Carlos Ghosn said today.
Nissan is preparing to cut in-house battery manufacturing, sources said, while exploring a deal in which LG Chem would produce power packs at existing Nissan production sites in the UK or the U.S.
Nissan may begin purchasing EV batteries from LG Chem as it opens procurement to external suppliers.
Nissan boss Carlos Ghosn is preparing to cut battery manufacturing, people familiar with the matter said, in a new reversal on electric cars that has reopened deep divisions with alliance partner Renault.