AB Volvo has announced that it has completed the acquisition of 45% of the Chinese automotive manufacturer, Dongfeng Commercial Vehicles Co., Ltd. The purchase consideration amounted to RMB 5.5 billion, Volvo said.
News
6 Jan, 2015
Updated Kia Rio supermini gets revised styling and more standard kit. Prices start from £10,345
Honda is delaying the start of sales of its redesigned Legend sedan in order to carry out additional checks on its radar safety system and hybrid powertrain.
New-car sales in Germany rose 7 percent in December, returning Europe's largest auto market back to positive annual growth after two years of shrinking sales.
News
5 Jan, 2015
Chevrolet partially unveils its new Volt electric range-extender at the Consumer Electronics Show (CES), ahead of its full reveal in Detroit
Production at Mazda de Mexico Vehicle Operation (MMVO) reached 100,000 units just 11 months after start-up.
German brands will unveil key models to help boost their U.S. sales at this year's Detroit auto show. Alfa Romeo will use the show for a world debut of the production version of the 4C Spider.
Audi and chipmaker Nvidia have adapted an image recognition system used by Facebook to develop an onboard microprocessor so powerful that it can identify the types of vehicle -- SUVs, sedans, ambulances, trucks, etc.
Chipmaker Nvidia revealed that it's accelerating its push into cars with two purpose-built automotive computers.
General Motors' Chevrolet brand is to introduce connected vehicle technology on some 2016 models which will give drivers advance warning when certain components need attention - often before there has been any effect on vehicle performance.
With sales of smartwatches taking off, Hyundai has spotted an opportunity for drivers to connect with their cars using the wearable devices.
Led by double-digit sales increases at Fiat Chrysler and GM, the U.S. auto industry closed out a stellar 2014 with a blockbuster December as U.S. consumers took advantage of year-end deals, lower fuel prices and an improving economy.
Led by double-digit sales increases at Fiat Chrysler, GM, Hyundai-Kia, Toyota and Subaru, the U.S.
News
5 Jan, 2015
New details on updated Mazda CX-5 crossover ahead of its spring release date, with extra standard equipment
BMW has raised the prices of its vehicles in the US, effective 5 January, USA Today reported.
BMW agreed to pay $820 million to its distributors in China to help cover their losses after the retailers stopped ordering cars from the automaker, a dealers' group said.
Volkswagen and Audi have raised the prices of their models in South Korea, The Chosunilbo reported.
Nissan is developing a fifth generation Micra, a media report said.
BMW will use the 6-9 January CES show in Las Vegas to demonstrate a concept vehicle with lighting innovations consumers can expect in the future.
Domestic sales among South Korea's five main automakers jumped by 24.3% to 154,108 units in December, compared with 123,931 units in the same month of last year, according to data released individually by the vehicle manufacturers.
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