The real winners in Fiat Chrysler's spinoff of supercar unit Ferrari are Chairman John Elkann and the Agnelli industrial clan he represents, who will be the biggest shareholders of both companies.
General Motors will add 263,000 sq ft to its newest plant in North America, the Lansing Delta Township facility in Michigan, which was opened in 2006.
LG Chem has held a ground breaking ceremony for the construction of electric-car battery plant in Nanjing, China, to meet what it describes as "growing demand in the world's biggest car market"
Eaton says operating earnings for the third quarter, excluding pre-tax charges of US$19m to integrate recent acquisitions, were US$616m, an increase of 15%.
BMW luxury car subsidiary Rolls-Royce Motor Cars has announced the official opening of its first showroom in Azerbaijan - Rolls-Royce Motor Cars Baku.
Goodyear has posted third quarter segment operating income of US$520m million, up 21%, with what it says are record North America Q3 earnings up 30% to US$210m.
Chrysler Group is voluntarily recalling an estimated 381,876 trucks globally, to upgrade certain wiring-harness terminals and replace - if necessary - their fuel-heater housings.
News
30 Oct, 2014
Production version of Kia GT concept on sale by 2016 with petrol and diesel power, plus GT4 Stinger sports car to follow
More details are emerging about accidents involving Takata airbags -- and the horrific injuries and subsequent lawsuits that resulted from them.
More details are emerging about accidents involving Takata airbags in the U.S. -- and the horrific injuries and subsequent lawsuits that resulted from them.
Johnson Controls has reported fourth quarter net income from continuing operations of US$311m with US$11bn in revenues, up 3% from US$10.7bn.
From 1 November, all cars and light commercial vehicles registered in European Union member states, with a GVW of fewer than 3.5 tonnes, must have ESP as standard equipment. The regulation will take effect for all other vehicles on 1 November 2015.
News
29 Oct, 2014
Ford has released full specs and pricing of the new Focus ST hot hatch, revamped for 2014 and featuring a new diesel option.
India's automotive sector has suffered tougher times lately as the domestic economy has turned down. In this month's management briefing, Tony Pugliese examines the latest developments. This second instalment looks in a little more detail at domestic market trends by marque and exports [includes data tables].
Hankook Tire has posted third quarter operating profit of US$261m, with global consolidated sales of KRW1.72tn.
News
30 Oct, 2014
VW has announced a racier StreetUp! special edition of its city car, as a teaser to the eagerly anticipated hot Up! GT
Visteon has developed a Human Machine Interface (HMI) concept based on eye movement.
The low cost green cars (LCGC) policy is set to be a game changer for the Indonesian automotive market, according to the analysts at Frost & Sullivan.
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