Starting in 2016, ZF will combine all electromobility-related activities in a new e-mobility division, based at the company's Schweinfurt location, the supplier has announced. It is also moving shock absorber production out of Germany.
Starting in 2016, ZF will combine all electromobility-related activities in a new e-mobility division, based at the company's Schweinfurt location, the supplier has announced. It is also moving shock absorber production out of Germany.
The Guangqi Honda Automobile Company (GHAC) joint venture has held a ceremony to commemorate the opening of its third automobile production plant and an engine plant within the property of the existing ZengCheng plant.
Honda has started mass production of the redesigned 2016 Civic sedan at Alliston, Ontario, the factory nominated as the global lead factory for the model in November 2014, according to the just-auto PLDB database. Sales through dealerships across the US and Canada start in November and Honda claims this 10th-generation Civic sedan "is the most ambitious remake of Civic in the model's 43-year history".
General Motors' surging truck sales delivered heavy-duty profits during the third quarter, leading the automaker to its best financial performance since before its 2009 bankruptcy.
The European Union has ruled that Fiat Chrysler benefited from an illegal tax deal with Luxembourg and says the country's government must now recover taxes of about 20 to 30 million euros ($23 to $34 million) from the automaker.
Iran Khodro (IKCO) will begin to export vehicles to Algeria following the signing of a memorandum of understanding (MoU). IKCO deputy CEO for export, Saeed Tafazzoli said the MoU included exports of 15,000 vehicles and setting up local production.
Honda said it plans to sell a car with automated highway driving functions around 2020, joining the race to market self-driving vehicles that pits traditional automakers against tech firms like Google.
Opinion
21 Oct, 2015
Worldwide damage limitation in the wake of the VW scandal won't come cheap, says Mike Rutherford
Fiat Chrysler Automotive's subsidiary in Luxembourg, Fiat Chrysler Finance Europe, (FCF) is facing refunding tems of millions of euros after the European Commission ruled that selective tax advantages for the automaker in Luxembourg (and coffee house chain Starbucks in the Netherlands) were "illegal under EU state aid rules".
News
21 Oct, 2015
New photos of a scale model of Volvo's new V90 load-lugger emerge, showing design of Audi A6 rival
Former Porsche CEO Wendelin Wiedeking and Chief Financial Officer Holger Haerter are scheduled to go on trial Thursday. They face market manipulation charges over their role in Porsche's failed attempt to take over VW Group in 2008.
Toyota Australia has announced a recall of around 300,000 models models as part of the global recall of 6.5m units announced on Wednesday.
Toyota will recall about 6.5 million vehicles worldwide to fix power-window switches that may short circuit and potentially lead to a fire. The recalled models include the Yaris/Vitz, Corolla, Camry, RAV4 and Scion xB.
News
21 Oct, 2015
Tesla's share price tumbles 10% following negative results for reliability in US customer satisfaction survey
Ferrari raised $893 million in its U.S. initial public offering, pricing the shares at the top end of the marketed range after strong investor demand.
News
21 Oct, 2015
New headlamp teaser ahead of luxury concept at Tokyo 2015, likely to be concept previewing design of next LS saloon
A file on VW's emissions scandal went missing earlier this month, the German state of Lower Saxony said. Lower Saxony is VW's second-biggest shareholder.
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