General Motors has expressed an interest in acquiring Lyft, but the ride-hailing company has rebuffed the recent overtures and will raise more funds instead, technology website The Information reported on Friday, citing two people familiar with the...
Linamar Corp., boosted by gains across its business segments and an acquisition earlier this year, said it posted net earnings of $120.8 million ($157.3 million Canadian) in the second quarter -- a 31 percent increase from the year earlier period.
Tips & advice
25 Aug, 2016
Extra driver training is always welcome, but do insurance discounts make the Pass Plus prices worth paying?
CO2 emissions of 94g/km and official EC consumption numbers of up to 70.6mpg are impressive numbers for a four-metre long five-door diesel hatchback. But Suzuki Europe's newest model, the Baleno, is powered exclusively by petrol engines and those are its numbers.
Toyota said it is changing the way it fixes rear suspension problems on 337,000 RAV4s and Lexus HS250h vehicles involved in a 2013 recall.
Volkswagen is in early talks with German solar power equipment maker SMA Solar about working together, the companies said, as the automaker pushes ambitious electric car plans to overcome its diesel emissions scandal.
A suspect was arrested late Thursday and charged today in connection to the killing of a Ford employee outside the automaker's Kansas City Assembly Plant.
VW Group's global sales fell 0.6 percent in July as volume gains in China failed to offset drops in Europe and the U.S. The automaker's VW and Porsche brands reported declines while sales rose at Audi, Skoda and Seat.
We live in an increasingly connected up society and the way things are going, we will not be escaping always-on personal connectivity when we get into our cars. We published a nice feature this week that considers some of the latest developments.
Canadian labour body, Unifor, is insisting there will be no contract deals with the three Detroit automakers unless they agree to new investments in the country.
French supplier Plastic Omnium won approval from EU regulators to acquire Faurecia's bumpers and front-end modules business on the condition that it sells seven Faurecia plants.
Iran Khodro says it has agreed a deal with Mahle to design and develop three-cylinder engines in a EUR125m (US$139m) agreement in the latest series of manufacturing initiatives following the recent lifting of sanctions by the West.
A study by Boston Consulting Group (BCG) suggests that car demand in China will be dented as car-hailing firms grow their presence in China's cities.
News
12 Aug, 2016
Spy shots show updated BMW M4 coupe on the road with subtle changes
Researchers appear to have uncovered a security glitch affecting as many as 100m vehicles sold by Volkswagen Group over the past twenty years. Potentially, vehicles are vulnerable to theft because keyless entry systems can be hacked via radio devices.
Iran Khodro says it has inked a deal to start production in Azerbaijan next year, producing Dena, Runna, Samand and Soren vehicles at a site in Naft Chaleh, triggering the creation of at least 300 jobs.
China will consider mandates that carmakers produce more electric vehicles or purchase carbon credits from their peers, potentially emulating California's system and transitioning from a subsidy-driven approach to catalyzing cleaner cars.
VW Group appointed veteran manager Stephan Woellenstein to the newly created position of CEO for the VW brand in the Chinese market.
Assembly of the new Renault Talisman began in September 2015 at Renault's factory in Douai, France. Output is expected to peak at more than 53,000 units this year, according to IHS Automotive.
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