Robert Bosch has attracted interest from private equity firms as well as Chinese groups for its starter motor and generator business, Reuters reported, citing people close to the matter.
Tesla has $1.3 billion in credit lines that it can tap to keep the company hobbling along into next year, when analysts expect Tesla will need to raise as much as $2.
The Crosstrek Hybrid, Subaru's first production hybrid, will be discontinued for the 2017 model year. The move comes amid a slump in U.S. sales of hybrid and other alternative-energy vehicles, notably cars, as gasoline prices remain low.
Subaru of America is reconsidering plans to build a training center at its new headquarters under construction in Camden, N.J., because an income tax agreement between New Jersey and Pennsylvania is being scrapped.
Honda North America said its redesigned 2017 CR-V, just announced in the US, would be produced for that market at three plants in North America - East Liberty, Ohio; Alliston, Ontario, Canada; and, for the first time, in Greensburg, Indiana using local and overseas sourced parts.
News
13 Oct, 2016
First spyshots emerge of McLaren's replacement for 650S, with extensive styling revisions planned
News
13 Oct, 2016
Lexus has announced a handful of specification changes across its model range, including a new NX 300h Sport model
Honda is giving the fifth-generation CR-V more space, horsepower, refinement, fuel efficiency and safety features for 2017, a top-to-bottom remake of the segment-leading crossover that echoes the Civic's transformation last year.
Yanfeng says companies will increasingly view cars as a medium to generate ancillary revenue while new manufacturing philosophies will definitely see jobs lost as production becomes ever more efficient.
Slovenia's automotive cluster director believes the country's small size is not a hindrance to sector development as it always co-operated with larger neighbours in the past.
General Motors opened a new Global Propulsion Center at the headquarters of its Opel unit in Ruesselsheim, Germany. The move represents a further investment in GM's second-largest randd site.
Hungary's supplier association (MAJOSZ) said problems in attracting and keeping labour were among the worst of the Visegrad countries although the UK's exit from the European Union could provide an unexpected shot in the arm for workforce retention.
Samsung's woes with a fire-prone smartphone - ultimately axed from production and sale earlier this week - have halted talks over the future of Fiat Chrysler Automobiles component unit Magneti Morelli, reports said.
The diesel share of the West European car market is continuing to decline and fell to just 47.9% in September (compares with 49.3% in September of last year) according to estimates compiled by LMC Automotive.
News
13 Oct, 2016
Toyota has announced recall of latest hybrid hatch over concerns electric parking brake could become inoperative
Mercedes extended its lead in a race with BMW for the luxury-car sales crown, as a series of new models position it to overtake its rival for the first time in a decade.
Mercedes-Benz extended its lead in a race with BMW for the luxury-car sales crown, as a series of new models position it to overtake its rival for the first time in a decade.
France will offer companies the same tax credit for gasoline cars as for diesel cars, removing a key incentive that has boosted sales of diesel models.
The latest auto news, reviews, prices, product and vehicle releases. 
