Ford has reportedly said that it will sell some of its cars in Venezuela for dollars in order to import parts and resume production at its Venezuelan facility.
Online taxi service firm Uber has reportedly submitted a US$3bn bid for Nokia's map business HERE, according to media reports.
Come 2018, Volvo Cars will finally have the production base that it has needed in North America for decades. The company isn't yet saying which model(s) it will build there. So which ones seem the most likely?
Opinion
11 May, 2015
Our man grabs a quick chat with Audi boss Stadler and covers Apple, F1, BMW, Mercedes and the Korean government...
Volvo Cars has selected South Carolina as the location for its new US$500m factory, which will have an initial annual production of around 100,000 cars.
Sergio Marchionne said he hasn't given up on his quest to push the auto industry to increase its profitability, even though carmakers are enjoying some of their best sales ever.
Volvo has chosen a site in South Carolina for a $500 million investment in its first U.S. plant, the automaker said today, targeting a bigger share of the increasingly competitive North American premium market.
Kia is selling its new Sorento in Europe with a diesel engine only due to low demand in the region for gasoline-powered SUVs, which account for less than 5 percent of midsize SUV sales in Western Europe.
Suzuki says its consolidated net sales for fiscal year, April 2014 to March 2015, increased by JPY77.2bn (US$646m) to JPY3,015bn, although income fell for the first time in six years.
Toyota and Mazda are reportedly set to join forces in the area of cleaner and green technologies, with a reciprocal supply agreement for certain technologies.
Suzuki said its annual operating profit fell 4.4 percent, the first time it has fallen in six years, as weak demand in Japan and Southeast Asia offset hefty currency gains and robust earnings in India, its biggest market.
Schaeffler is urging engine and transmission developers should work more closely together to achieve significant improvements in fuel economy.
Mitsubishi has recalled more than 130,000 vehicles in the US covered by two separate NHTSA announcements.
Maruti Suzuki reportedly plans to use two different marketing networks to sell its models.
By the end of 2016 BMW aims to meet 20% of the electricity needs at its Chennai plant in India from solar power.
Audi chairman Rupert Stadler has said that in the next five years, 40-45% of all Audi vehicles sold will be SUVs.
News
11 May, 2015
Japanese firms reported partnership will see Toyota green fuel-cell tech and Mazda SkyActiv eco-engines shared between platforms
Ford last week began introducing the latest generation of the Mustang to European auto writers. The location: Germany. The first media to set foot in the iconic American sports coupe were jurors who vote for European Car of the Year.
This month in its Texas stores, AutoNation will start selling self-branded extended service contracts. It's the beginning of AutoNation's plan to sell private-label FandI products online and in stores.
You'd probably get an image in your head if we told you we saw the president of General Motors preparing to meet with the head of North American operations at the company's Renaissance Center aerie overlooking the Detroit River.
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