Autoliv has refinanced its existing US$1.1bn multi-currency revolving credit facility agreement with a group of 14 banks. The facility has a five-year maturity, with extension options for up to two more years. The facility agreement is for general corporate purposes and replaces the existing $1.1bn syndicated facility, which matures in April 2018.
The UK should consider prosecuting VW Group over its diesel-emissions scandal, a committee of lawmakers said. VW should be punished to avoid a repeat of the scandal, Britain's transport select committee said.
News
15 Jul, 2016
Wrangler range gains more kit, a special edition to celebrate Jeep’s 75th anniversary and a Euro 6 diesel engine
European car-sales growth slowed to 6.5 percent in June as the British vote on exiting the EU weighed on business and consumer confidence.
VW Group's Seat brand has recruited Audi veteran Wayne Griffiths as its new sales and marketing boss. He succeeds Andreas Offermann.
Samsung Electronics said it was in talks to acquire a stake in Chinese automaker BYD, a move it said would help the South Korean electronics giant boost its chip business for electric vehicles.
The chairman of the U.S. Senate committee that oversees auto safety issues wrote Tesla CEO Elon Musk on Thursday, asking the automaker to brief the committee on a fatal May 7 crash involving its Autopilot software.
The chairman of the U.S. Senate committee that oversees auto safety issues wrote Tesla CEO Elon Musk on Thursday, asking the automaker to brief the committee on a fatal May 7 crash involving its Autopilot software.
Fiat Chrysler is investing $1.05 billion in assembly plants in Ohio and Illinois to bolster Jeep output. The carmaker will invest $350 million to move production of the Jeep Cherokee from Toledo, Ohio, to Belvidere, Ill.
Mini USA isn't joking when it says its cars come standard with friends. This year's two-week 'Mini Takes The States' road trip for Mini owners crosses through 18 states through July 23.
Honda Motor's Indian unit is recalling 190,578 vehicles to replace Takata passenger front airbag inflators, the company reportedly said in a statement.
News
15 Jul, 2016
A team of enthusiasts has unveiled an unofficial rendering of a modern Porsche Gran Turismo car – and it’s truly stunning
The Dutch vehicle approval body has asked U.S. authorities for details of a fatal Tesla crash to see if cars equipped with the automaker's autopilot function are safe. The Model S vehicles have been approved in Europe by the Dutch organization.
The Dutch vehicle approval body has asked U.S. authorities for details of a fatal Tesla crash to see if cars equipped with the automaker's autopilot function are safe. The Model S vehicles have been approved in Europe by the Dutch organization.
News
14 Jul, 2016
Special Aston Martin V12 Vantage S launched to celebrate 80th anniversary of the Supermarine Spitfire’s fighter plane's first flight
Consumer Reports on Thursday urged Tesla Motors to disable the automatic steering function in its Autopilot driving-assist system, which is under investigation by U.S. safety regulators after a fatal crash.
Denso Manufacturing Michigan, which makes automotive air conditioning and engine cooling systems, is expanding in Battle Creek, Mich.
Infineon, Europe's biggest chipmaker, agreed to buy Wolfspeed Power to expand in fast-growing markets such as electric cars and the Internet of Things.
The latest auto news, reviews, prices, product and vehicle releases. 
