Aug
20th
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Ford received a U.S. patent on its plans for an 'autonomous vehicle with reconfigurable seats' earlier this month.
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The latest auto news, reviews, prices, product and vehicle releases. Auto News 5
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Aug
20th
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Hyundai is trying to stir up excitement for the 2017 Elantra with the release of a teaser sketch of the re-engineered vehicle. The sketch revels the Elantra has a longer nose and sleeker lines, borrowing cues from Hyundai's Genesis luxury sedan.
Aug
20th
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Dealertrack Technologies has moved to clear a regulatory impediment to its merger with Cox Automotive by agreeing to sell its inventory-management software business to DealerSocket for $55 million in cash.
Aug
20th
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Hyundai Mobis says it has signed its first-ever contract to supply parts to PSA Peugeot Citroen.
Aug
20th
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Underlining Honda's increasingly smart move towards investing where populations and incomes are rising in Asia, the company has just revealed a prototype of a new model, the BR-V.
Aug
20th
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Renault-Nissan plans to cut several hundred jobs in India and reduce production at its plant near Chennai.
Aug
20th
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Renault-Nissan plans to cut up to 3,000 jobs in India and reduce production at a joint plant near Chennai, the Economic Times reported.
Aug
20th
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Tata's equity investment fund (Tata Opportunities Fund - TOF) has made a US$100m investment in Uber, a move that will help to extend Uber's reach in India, where it currently has 150,000 drivers in 18 cities.
Aug
20th
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Volvo Cars has taken control of its three joint venture operations in China for SEK2.2bn in order, it says, to "more accurately reflect its growing presence in the world's largest car market".
Aug
20th
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Toyota plans to ask suppliers to cut prices for the first time in about a year in an effort to boost competitiveness, Nikkei reported. A recent drop in raw material prices has increased suppliers' ability to cut prices, the paper said.
Aug
20th
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UK car production fell by 11 percent in July as changes to holiday patterns and upcoming new launches such as the Vauxhall/Opel Astra resulted in early annual shutdowns at some plants.
Aug
20th
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Volkswagen plans to launch the brand Skoda in South Korea by the end of 2015, according to sources.
Aug
20th
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The Jiangling Motors Ford joint venture started manufacturing Everest at its Nanchang plant in Jiangxi on 19 August.
Aug
20th
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Schaeffler plans to cut up to 500 jobs in Europe at its industrial division. Earnings at the unit, which makes ball bearings for cars, airplanes and industrial tools, fell 1.7 percent to 171 million euros ($190 million) in the first six months.
Aug
20th
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Citroen will preview a potential new model inspired by its iconic Mehari utility vehicle at the Frankfurt auto show. The concept will be based on the C4 Cactus.
Aug
19th
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Tesla said the underwriters of its secondary stock sale exercised their option for additional shares, boosting the proceeds to an estimated $738.3 million. The EV maker sold 3.
Aug
19th
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UK Car output declined by 11.2% in July according to data issued by the SMMT. The SMMT said the decline followed the best half-year since 2008, as changes to holiday patterns meant the traditional annual shutdown started earlier at some plants.
Aug
19th
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Reports in Japan say that, following a one-year pause, Toyota is to ask suppliers to cut prices as it seeks to improve its competitive position.