A takeover of Formula One by Liberty Media, rumored to be imminent, could be good news for the sport, but CEO Bernie Ecclestone is likely to remain at the helm of the series for some time yet, according to various reports.
We recently reviewed the latest, fourth generation Toyota Prius. Now, Graeme Roberts looks at Toyota's hybrid sales success and some of the new technology in the first car built on the automaker's New Global Architecture platform.
The new ridesharing economy continues to beat expectations as ABI Research forecasts global bookings to exceed US$100bn by 2020 and $300bn by 2030.
The new light commercial vehicle (LCV) market achieved a solid performance in August, growing 6.3% year on year, the Society of Motor Manufacturers and Traders (SMMT) said.
Subprime loan share is declining despite chatter around a subprime bubble, Experian said today in its second-quarter State of the Automotive Finance Market report. Subprime and deep subprime share of new and used loans and leases dropped to 22.
News
6 Sep, 2016
The tuning package adds power and performance to the tiny roadster, with up to 225bhp available
Unifor has picked General Motors as the target company to set the pattern agreement in the current round of negotiations with the Detroit Three automakers.
General Motors has settled the final two ignition-switch cases slated for trial in a New York federal court this year which, the Wall Street Journal said, moved the auto maker closer to clearing remaining legal hurdles resulting from a defect linked to 124 deaths.
Volkswagen's intent to acquire a 16.6% (post dilution) stake in Lisle, Illinois-based Navistar, coupled with a strategic technology and supply cooperation and the establishment of a purchasing joint venture represents a significant step forward for the German company's global ambitions, ambitions that have so far been tempered by a lack of presence in the North American heavy truck sector.
News
6 Sep, 2016
Catchily-named BMW X1 xDrive25Le iPerformance features plug-in hybrid powertrain but is for China only
Renault expects diesel engines to disappear from most of its European lineup after the automaker reviewed the costs of meeting tighter emissions standards following the Volkswagen Group scandal, Reuters reported.
Unifor selected General Motors as its target company as it continues negotiations with the Detroit 3 automakers, less than two weeks before its four-year labor contracts expire.
Said to be the world's first 'flat-pack' truck, the Global Vehicle Trust OX has been revealed, designed to provide low-cost all-terrain mobility for remote parts of Africa and the developing world.
News
6 Sep, 2016
Meet the OX, a rugged multi-purpose vehicle its creators hope will bring transport to millions
Navistar International said it had formed a "wide-ranging strategic alliance" with Volkswagen Truck & Bus which includes a VW equity investment in the US based truck maker, framework agreements for strategic technology and supply collaboration plus a procurement joint venture.
Johnson Controls has started operations today (6 September) following the successful completion of its merger with Tyco.
Volkswagen agreed to a wide-ranging technology and purchasing deal with U.S. truck maker Navistar in exchange for a 16.6 percent stake, an alliance forged in part by the need to meet stringent emissions regulations.
Chinese carmakers would like to see the 50% equity cap on foreign ownership in local carmaking joint ventures retained for at least another five years, according to an interview with Bloomberg.
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