German supplier Grammer said a court had lifted the enforcement of a temporary injunction on the exercise of a convertible bond, allowing it to issue shares to strategic partner China's Ningbo Jifeng.
Greenlight Capital, which has been pressuring General Motors to restructure its share class, said it believed the automaker's shareholders will vote in their best financial interests and support the hedge fund's two-class stock proposal and nominees...
Automakers urged California to further ease its proposed regulations for autonomous vehicles, saying the state did not respond to their earlier objections by making enough revisions to its planned set of rules for self-driving cars.
Citroen and Peugeot maker PSA Group booked first quarter 2017 revenue of EUR13,629m, of which EUR9,018m was raised by the automotive division and EUR5,092m by supplier Faurecia.
China is aiming to become a world auto-making powerhouse in a decade, with Beijing aiming to boost development and output of new energy vehicles (NEVs) and also relax restrictions on foreign ownership.
Mobileye announced that it has entered into an agreement with Nissan Motor to generate anonymised, crowd-sourced data to create next-generation precision maps utilising Mobileye's Road Experience Management (REM) data generation technology.
Around 1,500 workers at Honda Manufacturing of Alabama (HMA) have celebrated the start of mass production of the redesigned 2018 Odyssey minivan, on sale later this spring.
BorgWarner said it was supplying engine timing chain drive systems for Guangzhou Automobile Group Motor (GAC Motor)'s Trumpchi brand's GS4 SUV turbocharged 1.5-litre petrol engine.
Tesla vehicles have dropped in Consumer Reports' ratings because the automaker failed to implement a safety feature that was expected to come standard.
Daimler has posted upbeat results for the first quarter of the year that show net profit doubled on the back of record sales and revenues. The company also raised its guidance for full-year financial results.
New vehicle sales in the US are expected to decrease 3% year on year to 1.45m units in April 2017, resulting in an estimated 17.1m seasonally adjusted annual rate (SAAR), according to Kelley Blue Book (KBB).
Thailand's new vehicle market continued to rebound strongly in March, with sales rising by 16.7% to 84,801 units from weak year earlier sales of 72,646 units, according to data released by the Federation of Thai Industries.
BMW has started putting staff through day-long events in Germany intended to warn them of the perils of not taking the electric-car revolution seriously.
News
26 Apr, 2017
The 395bhp BMW M550d gets four turbos and four-wheel drive, and is expected in the UK later this year
Honda Motor plans to launch a new, purpose built, battery powered passenger vehicle in China next year in response to growing pressure from the government to promote sales of environmentally-friendly vehicles.
Hyundai posted a 21 percent fall in quarterly net profit, dragged down by a U.S. recall and sales declines in China stemming from political tensions.
Hyundai posted a 21 percent fall in quarterly net profit, dragged down by a U.S. recall and sales declines in China stemming from political tensions.
Daimler reiterated that recent steps by U.S. authorities to investigate diesel-emissions pollution and so-called auxiliary emission control devices could lead to significant penalties and vehicle recalls.
Daimler reiterated that recent steps by U.S. authorities to investigate diesel-emissions pollution and so-called auxiliary emission control devices could lead to significant penalties and vehicle recalls.
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