Hyundai Motor said it plans to launch an electric vehicle with a driving range of about 200 miles per charge in 2018, aiming to better compete with other electric car makers such as Tesla Motors Inc.
Tedrive Steering Systems has started the sale of the company to Knorr-Bremse.
Nissan is recalling 79,853 Pathfinder crossovers from the 2013 and 2014 model years because the brake lights can remain on even when the brake pedal is not being applied.
Ford said it is recalling 1.9 million vehicles from the 2005 through 2011 model years for defective passenger-side airbag inflators made by Takata Corp.
Tata-owned Jaguar Land Rover has reported results for the year to the end of March 31 that show its retails sales up 13% and in excess of 500,000 for first time. However, earnings before tax were down on the previous year's record on less favourable product and market mix, as well as currency effects.
Handelsbanken's Handel och Industri subsidiary has sold all its shares in Plastal Industri, parent company of the Plastal Group to the Canadian Plasman Group.
News
1 Jun, 2016
Ferrari 488 GTB engine wins international award that was previously won by Ford's 1.0-litre EcoBoost
Renault-Nissan will begin hiring at least 300 tech experts this month, joining other automakers in trying to lure staff away from Silicon Valley. The move is part of an industry push for technology experts to compete with Google and Apple.
Renault-Nissan will begin hiring at least 300 tech experts this month, joining other automakers in trying to lure staff away from Silicon Valley. The move is part of an industry push for technology experts to compete with Google and Apple.
The U.S. auto industry recorded its biggest monthly sales drop in nearly six years in May as most automakers posted declines amid plunging demand for passenger cars. May volume fell 6.1 percent to 1.5 million vehicles. Still, the SAAR came in at 17.
Fuel Systems Solutions says its shareholders have voted at a special meeting to approve the company's proposed merger with Westport Innovations.
Four automakers confirmed they are selling some new vehicles with defective Takata airbags that will eventually have to be recalled, U.S. Senate Commerce Committee Democrats said in a report today.
Toyota has resumed operations at production lines in Japan following suspension earlier this week after an explosion at an Aisin Seiki supplier facility that provides it with braking systems parts.
Toyota is recalling a total of about 490,000 vehicles in Japan, China, Europe and other regions over potentially faulty airbag inflators produced by Takata Corp, further widening a massive global recall.
VW Group is considering building a huge battery cell plant in Germany that could rival Tesla's "Gigafactory" as the automaker looks to sell 1 million electric vehicles and plug-in hybrids by 2025.
Toyota said it would resume operations on Thursday at production lines in Japan that were suspended earlier this week after an explosion at a plant operated by a supplier choked off the automaker's supply chain.
French registrations rose 22 percent in May, benefiting from three extra selling days. The country's domestic brands, along with Asian automakers and Fiat, enjoyed strong growth.
Tesla will likely charge owners of its forthcoming Model 3 sedan to use the company's network of Supercharger stations, which is free to owners of current models, CEO Elon Musk said.
VW-owned Skoda has hit record deliveries - for any quarter - in the first quarter. It will be welcome news for parent VW Group, which is under pressure due to the 'dieselgate' scandal and falling share for the Volkswagen brand in some markets
Nissan has switched on a new solar farm at its biggest manufacturing site in Europe. Made of up 19,000 photo-voltaic panels, the new 4.75MW facility is now fully operational at Nissan Sunderland Plant.
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