VW and the Justice Department want a U.S. judicial panel to centralize in Detroit hundreds of civil lawsuits alleging the German automaker defrauded consumers and shareholders, according to court filings.
Lear Corporation has acquired Arada Systems, a Troy, Michigan based automotive technology company that specialises in Vehicle-to-Vehicle and Vehicle-to-Infrastructure (V2X) communications.
Magna International is set to commence production at its two units in the Sanand auto cluster from the second week of December.
Japanese automobile output fell 0.5% year on year to 817,080 units in October, the 16th consecutive month of falls.
News
30 Nov, 2015
Spy shots reveal various carbon fibre additions to standard Lamborghini Huracan, including a massive rear wing
Lear said it acquired automotive connectivity supplier Arada Systems. Terms of the deal were not disclosed. Arada develops hardware and software for vehicle-to-vehicle and vehicle-to-infrastructure communication technology.
News
30 Nov, 2015
New VW Scirocco Black Edition models feature dark exterior highlights and alloy wheels
Honda plans to raise the retirement age for employees at its Japan operations to 65 years from the current 60 years in a bid to retain workers for longer periods as the labor force shrinks.
News
30 Nov, 2015
The ultra-secretive American firm Faraday Future is said to be unveiling its first new car at the Consumer Electronics Show in January
Ferrari has signed contracts to raise 2.5 billion euros which it will use in part to refinance debt owed to Fiat Chrysler as it moves towards separation from its parent company.
Ferrari has signed contracts to raise 2.5 billion euros that it will use in part to refinance debt owed to Fiat Chrysler as it moves toward separation from its parent company.
News
30 Nov, 2015
UAE-based manufacturer reveals coupe-inspired off-roader with RWD and up to 500bhp
Automakers in China are betting that Chinese families will embrace the minivan, hoping the larger, unsexy sibling of the bestselling SUV will become the next big thing just as Beijing relaxes the one-child policy.
Ford's labor costs will rise by less than the projected rate of inflation in each of the next four years, largely because its new contract with the UAW allows the use of more temporary workers and greater flexibility to move production to lower-cost...
BMW GB has rolled out a system where buyers can now carry out the whole process of buying a car online. Previously, some steps could only be completed at a dealership.
Ferrari has announced it has entered into a EUR2.5bn syndicated loan facility with a group of 10 bookrunner banks as it moves to become independent from FCA.
Bugatti confirmed the name Chiron for its replacement for the Veyron supercar and says it has already received 100 orders for the new model.
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