Metro Supply Chain Group, a Canadian owned, 3PL solutions provider in North America, has completed the acquisition of Europe-based automotive and industrial services emergency logistics specialist Evolution Time Critical.
Tesla unveiled its Model 3 last week and it's already clear that the model is going to be of great significance to both Tesla Motors and the future of the burgeoning electric vehicle segment.
Advics, a Japan-based supplier of braking systems to Toyota, is to raise capital in order to boost its production capacity.
News
6 Apr, 2016
Aston’s 563bhp V12 Vantage S sports car gets manual box for first time as part of revamp
Ford will invest 2.5 billion rand ($169 million) in the U.S. automaker's South African operations to start production of the Everest SUV and create about 1,200 jobs.
PSA Peugeot Citroën has invested peer-to-peer (P2P) carsharing start-up Koolicar, becoming a shareholder alongside MAIF, Koolicar's historic partner since 2010. The transaction represents a total amount of EUR18m, PSA said.
News
5 Apr, 2016
Facelifted Audi A3 will get sleeker new look and more technology when it goes on sale in May
Nissan Motor Co. CEO Carlos Ghosn is welcoming the quarter million-plus preorders booked by Tesla Motors for its new Model 3 as finally some 'good competition.'
Daimler's Romanian subsidiary Star Assembly has started production of the 9G-Tronic nine-speed automatic transmission.
Hyundai Motor Group has presented its roadmap for connected car development and says it will collaborate with leading global IT and networking companies to develop its 'Hyper-connected and Intelligent Car' concept.
Domestic sales by South Korea's five main automakers continued to grow strongly in March, by 11.7% to 148,848 units from 127,216 units a year earlier, according to data released individually by the vehicle manufacturers.
PSA Peugeot Citroën has presented a new five-year business plan that includes a raft of new products and the aim to "transform the company in order to unleash its full potential" and grow sales and operating margin.
The founding family and majority owners of German supplier Schaeffler sold their remaining non-voting stake in the company for about 1.
News
5 Apr, 2016
Subaru again teams up with British firm Prodrive to create Impreza-based Isle Of Man racing car to be driven by Mark Higgins
PSA tripled its profit goal to 6 percent of sales by 2021 and revealed plans to roll out 26 new cars including seven plug-in hybrids and four EVs as part of the Push to Pass strategy unveiled today.
PSA tripled its profit goal to 6 percent of sales by 2021 and revealed plans to roll out 26 new cars including seven plug-in hybrids and four EVs as part of the Push to Pass strategy unveiled today.
News
5 Apr, 2016
Hybrids, EVs and a pick-up truck to make up a new car boom that will launch Peugeot, Citroen and DS forward to 2021
'The Road Makes the Car' features rally racers testing tracks around the world.
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