China's anti-monopoly regulator has fined Volkswagen Group and Chrysler a combined $46 million for operating a price monopoly in the country, the first-ever punishment of foreign carmakers for price-fixing in the market.
Mercedes-Benz is stepping up its international activities and strengthening its German plants with spending of more than EUR3bn (US$3.9bn) this year.
Nissan Mexico has produced its 10 millionth engine at its powertrain plant in Aguascalientes.
Subaru of America has hiked its 2014 full year sales forecast 40,000 units to a record 500,000 vehicles and expects a year on year rise of over 17%.
News
11 Sep, 2014
New flagship 2.0-litre CDTi diesel will debut in the Insignia and Zafira Tourer at next month's Paris Motor Show
Japan's Isuzu continued the regional roll-out of its new MU-X model with the launch earlier this week in the Philippines.
The Malaysian Automotive Institute (MAI) expects vehicle prices to fall between 1-3% when the government introduces the new Goods and Services Tax (GST) in April 2015.
BMW's core brand sales increased 6 percent in August, boosted by strong demand in China and the U.S. Eight-month deliveries rose 9.5 percent, helping the marque to maintain its lead in global premium sales over rival Audi.
News
11 Sep, 2014
SsangYong teases two new XIV concepts ahead of a public debut at next month’s Paris Motor Show – previewing forthcoming X100
Outgoing Ferrari boss Luca Cordero di Montezemo will receive a severance package of nearly 27 million euros ($34.78 million), Montezemo quit as Ferrari chairman after clashing with Sergio Marchionne over the sports car maker's future.
Ferrari Chairman Luca Cordero di Montezemolo will receive a severance package worth nearly 27 million euros ($34.89 million). Montezemolo quit after clashing with Fiat Chrysler CEO Sergio Marchionne over the supercar maker's future.
Bloomberg reports that Visteon is considering restructuring itself into two separate companies, one specialised on electronics-based products and the other on climate controls.
Alliance partners Renault and Nissan are to open their training facilities around the world to each other to improve skills and improve the cost effectiveness of training provision.
Japanese steel giant Kobe Steel is reportedly working on a new generation of lightweight composite materials designed for fuel cell vehicles with a view to saving weight and improving the safety of hydrogen tanks in collisions.
Citroen is touting the C1's "cheerful" front-end design, open-top variant and a modern infotainment system as key attractions for the latest-generation minicar.
Honda is reviving the HR-V name for its new subcompact SUV as it seeks to attract new and younger buyers to the brand. The HR-V is the European version of the Vezel.
Mercedes motorsport boss Toto Wolff says the German team is open to the idea of loosening the current Formula 1 engine freeze rule.
It is widely recognised that the Mercedes V6 power unit is in a class of its own this year in terms of top end power.
This winter, the engine suppliers currently involved in F1 (Mercedes, Ferrari and Renault) will be allowed to develop their turbo hybrid engines by way of a token system.
However, Austrian Wolff says suppliers are now looking at allowing those tokens to be spent throughout the season rather than just the off-season.
Taking to Sky Sports F1, Wolff said “You don't want to open up the homologation and the freeze, the question is about consuming those tokens at any given moment during the year, but it is early days”.
“We are going to reconvene and discuss properly and see what we do, but we [Mercedes] are pretty open to everything. If we at the same time can work on our engine then we have no problem,” Wolff added.
Japanese driver Takuma Sato has become the latest former-Formula 1 driver set to compete in Formula E by signing with Aguri Suzuki, who he drove for between 2006 and 2008.
The Verizon IndyCar competitor has been signed in time to compete in the all-electrical series' inaugural race weekend, which takes place in Beijing, China this weekend.
Sato -- a long-time Honda supported driver -- will be filling in for Antonio Felix da Costa, who is confirmed for the team but is unable to compete at the weekend due to DTM commitments.
Sato has been competing in the Verizon IndyCar series since 2010 and successfully tested the team's Formula E car at Donington Park in August.
Back in May,
Batman v. Superman director Zack Snyder gave us a glimpse of the future Batmobile as a way to build anticipation for the movie that's scheduled to hit theatres on March 25th, 2016.
Snyder today posted full pictures of the car on Instagram, and while the doors are reminiscent of bat wings, it's a radical departure from previous editions.
What do you think?
Source : premiere.fr