After 20 years of successful cooperation the Volkswagen Group and its Chinese joint venture partner First Automotive Works (FAW) are extending their present partnership for a further 25 years, until 2041.
News
13 Oct, 2014
Mercedes issues a recall of over 8,000 C-Class saloon and estate models because of a potential steering problem
Fiat Chrysler Automobiles NV's debut on the New York Stock Exchange gives more investors in the United States the chance to tap into the growing global market for cars and trucks, while also taking a chance on a debt-burdened automaker.
Fiat Chrysler Automobiles rose in its New York Stock Exchange debut, which gives investors in the United States more opportunity to tap into the growing global market for cars and trucks and to take a chance on a debt-burdened automaker.
This year has been more troubled in terms of sales than expected. Third quarter average daily registrations have risen 4% comparing to the first half but sales fell 9.1% to 2.53m units in the first nine months.
Mazda's Demio - known as the 2 outside Japan - is Japan's Car of the Year for 2014-15, the fifth time the automaker has won the award.
Toyota's investment in future mobility, including zero-emission vehicles and its focus on sustainability and innovation, have contributed to a 20% increase in its brand value over the past year.
Bentley expects another record year for vehicle sales in 2014 as demand for its Continental GT models helps to spur global growth.
New vehicle sales jumped by close to 42% to 20,924 units in September, from 14,764 units in the same month of last year, according to data released by the Chamber of Automotive Manufacturers of the Philippines Inc (CAMPI).
Allison, the automatic transmission specialists, is rolling out FuelSense, a fuel-saving solution that automatically adjusts shift schedules, selects neutral and manages vehicle acceleration to maximise transmission fuel economy. Last month, Kenworth became the third OEM to adopt the package. Manlio Alvaro, director of EMEA Marketing, tells just-auto that testing indicates FuelSense has the potential to reduce fuel consumption by up to 20 per cent when compared to the previous generation of Allison Electronic Controls without these fuel saving feature
Jaguar says it has learned from the mistakes of the Ford Mondeo-based X-Type as it launches the XE, a model that aims to win sales from the BMW 3 series and Audi A4 in the fiercely competitive premium midsize market.
An ongoing explosion of domestic energy production #8212; primarily from a highly controversial extraction process commonly called fracking #8212; is transforming rural communities across North America.
The automaker that launched a Dodge this year that can burn up to 1.5 gallons of gasoline a minute finished last in the government's annual report on fuel economy gains.
A small but growing number of dealerships are obtaining tax breaks or government funds in connection with their facility improvements.
Fully autonomous cars may be a decade away, but the sensors they'll need for collision avoidance -- radar, cameras, ultrasound and lidar -- have become a big business already.
Dealership consolidation is expected to accelerate as Warren Buffett's entry into automotive retailing attracts more buyers, observers said.
Automakers are increasingly exercising their right to reject dealers' agreements to sell their stores, putting factories and retailers at odds over the question of what's best for the future of a franchise.
Through long hours and hands-on involvement in every corner of his business, Mike Wood has rapidly built a group of four dealerships in seven years. He has more growth plans.
Acura, trying to reinvent itself yet again, is taking a cue from one of America's hottest-selling brands. Honda Motor Co.'
Ford Motor Co. is asking Tier 1 suppliers to make backup production plans for key plants that could disrupt Ford's vehicle assembly if they shut down.