Japan's Teijin has agreed to acquire U.S. composites specialist Continental Structural Plastics for $825 million. Through the acquisition, Teijin aims to secure North American sales channels for automotive composite products.
Porsche, looking to lure green enthusiasts who don't want to compromise power or performance, will use the Paris auto show this month to unveil a Panamera plug-in hybrid that it says will zoom from 0 to 60 mph in just 4.4 seconds.
If recent reports are to be believed, the long-rumored midengine Chevrolet Corvette could be here as early as 2019.
The 2017 Volkswagen Golf Alltrack, the automaker's answer to Subarus and other hot-selling, all-terrain crossovers, is set to start at $27,770 for the S trim, including shipping.
Lithia Motors has bought the Carbone Auto Group in a deal estimated to produce $600 million in annual revenue. It also expands Lithia's operations to Vermont, while adding to its existing New York stores.
Ford and Harman are introducing new B&O Play audio systems in Ford vehicles worldwide.
Renesas Electronics agreed to buy U.S. chipmaker Intersil for $3.2 billion, seeking to carve out a bigger role for itself as a provider of chips for automobiles as cars become loaded with more technology and add self-driving capabilities.
News
13 Sep, 2016
Huge 600km (372 mile) range targeted for future Volkswagen EVs, while costs will drop to similar levels as petrol and diesel vehicle
New car sales in Europe's 'Big 5' markets saw a healthy increase of 9.3% in August, as market conditions improved following a 2% decline seen in July.
Tata Motors' luxury vehicle unit Jaguar Land Rover is expand its in-house-developed powertrain family with a four cylinder Ingenium petrol engine now in production at its GBP1bn Engine Manufacturing Centre in Wolverhampton.
BMW Group sales in August 2016 rose 5.7% year on year to 165,431 vehicles - a record for the month - with year-to-date volume up 5.5% to 1,508,659, the first time the automaker has sold over 1.5m vehicles in the first eight months of a year.
Tips & advice
13 Sep, 2016
Every new car in Europe has been fitted with Electronic Stability Control since 2014 – but what is ESC, and what is ESP for that matter?
The world's largest second-use battery storage, a 13MWh project, is now nearing completion after construction time of just under a year: 1,000 battery systems from second generation Daimler Smart Fortwo electric cars are being grouped in Lünen, Westphalia.
UAW President Dennis Williams said on Monday it will support Canada's unionized auto workers during contract talks with General Motors, but declined to say whether the UAW would refuse to work at GM plants in the event of a Canadian strike.
PSA is reportedly planning car-sharing services in Los Angeles in partnership with Bollore Group, according to remarks attributed to CEO Carlos Tavares.
British labour body, Unite claims Ford is not holding talks at a senior level as uncertainty continues to bedevil the future of the automaker's engine plant in South Wales.
U.S. chipmaker Nvidia showed off on Monday a smaller and more efficient artificial intelligence computer for self-driving cars, saying it would power Baidu's mapping and autonomous vehicle technology.
Porsche plans to introduce its first station wagon at the Geneva auto show next year, a move further stretching the brand's portfolio beyond the iconic 911 sports car into a more utilitarian segment, according to people familiar with the strategy.
Porsche will unveil a Panamera wagon at next year's Geneva auto show, Bloomberg reported. It will compete with the Mercedes CLS Shooting Brake to appeal to buyers seeking a mix of luxury and practicality.
News
13 Sep, 2016
JLR reveals details of all-new turbocharged four-cylinder petrol engine and innovative new automatic transmission
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