PSA Peugeot Citroen says a condition of its US$436m joint venture deal with IKCO is it must source 40% of components in Iran.
Toyota said it will buy out the rest of Daihatsu in a deal worth about $3 billion as part of its strategy to strengthen its push into small cars for emerging markets.
David Lee Roth's potent vocals in the Van Halen classic "Runnin' with the Devil" proved irresistible for the creative team that developed the Super Bowl spot for the Acura NSX supercar.
Aluminium rolling and recycling operator, Novelis, says Pierre Labat will be its new vice president, Sales and Marketing, Global Automotive.
News
29 Jan, 2016
A new study finds the number of whiplash claims in the UK is among the highest in the world
Takata said its CEO Shigehisa Takada had no intention to resign "as of now" as the airbag maker struggles with a long-running safety recall crisis.
Mitsubishi Heavy Industries Machine Tool (MAT), a Group company of Mitsubishi Heavy Industries, (MHI) and Fuji Oozx, are to integrate their automobile engine valve businesses.
Daihatsu Motor, currently owned 51.2% by Toyota Motor Corporation, will become a wholly-owned subsidiary of TMC by way of a share exchange expected to be completed in August 2016, the pair announced on Friday (29 January).
Getrag has opened its new sales and product development office in Munich.
Bosch says it has developed a technical aid for accelerators, which alerts drivers through vibration if they are using the pedal too heavily.
News
29 Jan, 2016
The father of modern motoring is 130 years old today
Honda's operating profit fell 22 percent in the latest quarter as expenses for recalling Takata airbags and losses from a strong dollar undercut rising sales.
Assembly of the second-generation Jaguar XF began in June 2015 at Jaguar Land Rover's factory in Castle Bromwich, England. Output is expected to peak at more than 47,000 units this year, according to IHS Automotive.
Ford is getting closer to launching the European version of the Ka minicar. Ford plans to remain a key player in the region's entry-level sector, the automaker's Europe head, Jim Farley, said.
Volvo will shift production of the V60 model line to its Belgium factory. The move will free up capacity at Volvo's main plant in Sweden for new additions such as the S90 and V90, as well as the strong-selling XC90.
The latest issue of the Automotive News Europe monthly e-magazine goes live on Monday, Feb. 1. This month's edition looks at how Ford and Opel plan to turn their businesses in Europe into consistent money makers after years of struggle.
A recent University of Michigan graduate who aspires to work in politics is launching a ballot petition drive to allow automakers to sell new vehicles directly to Michigan consumers.
GM is reorganizing certain vehicle engineering operations to speed efforts to develop autonomous and electrified vehicles.
Lithia Motors completed the first purchase through its DCH Auto Group with the acquisition of Riverside Subaru in Riverside, Calif., the company said today.
Ford appears to be gearing up to launch a diesel-powered version of the F-150, possibly as early as next year, and wrest the fuel efficiency crown from the hot-selling Ram 1500 EcoDiesel.