Europe's Investment Bank (EIB) is to provide a EUR30m (US$34m) loan to Croatian company, Rimac Automobili.
just-auto's New & Future Vehicles Editor, Glenn Brooks, provides a summary update on our latest intelligence surrounding OEM strategies and future new product, extracted from just-auto's product lifecycle database (PLDB)
Hyundai and its suppliers plan to spend $6.7 billion through 2030 to raise production of fuel cells by more than 200-fold as the automaker targets to become a key player in the new-energy vehicle technology.
China's automobile sales fell about 14 percent in November from a year earlier. It was the steepest decline since January 2012, when the timing of the Lunar New Year holiday hurt auto sales.
Starboard Value is calling on Cars.com to improve its performance or consider selling itself or making management changes, about nine months after the activist hedge fund reached a settlement agreement with the online auto-dealing platform.
Daimler is taking the next step in its its CASE corporate strategy by purchasing battery cells worth more than EUR20bn.
News
11 Dec, 2018
Toyota-Gazoo Racing has confirmed a motorsports version of its new Supra will make an appearance at Tokyo Auto Salon 2019
China is moving toward cutting its trade-war tariffs on imported U.S.-made cars, a step already brandished by President Donald Trump as a concession won during trade talks in Argentina.
Automotive stud welding equipment specialist Nelson Automotive has won a contract with Daimler which will see its equipment used to build Mercedes Benz C-class and S-class models.
News
12 Dec, 2018
The launch issue of DrivingElectric magazine is on sale now in WH Smith high street and travel outlets
Alejandro Vukotich will replace Elmar Frickenstein, who has been in charge of the department since it was created in May 2016 and who will retire after a three-month handover phase in March.
A Tokyo court on Tuesday rejected ousted Nissan Motor chairman Carlos Ghosn's appeal to end his detention following his arrest last month on allegations of financial misconduct.
Carlos Ghosn, ousted chairman of Nissan Motor, has filed a complaint against a court decision to extend his detention following his re-arrest on fresh allegations of financial misconduct, the Tokyo District Court said on Tuesday.
New vehicle sales in Vietnam continued to rebound in November, by over 35% to 21,180 units from weak year earlier sales of 21,662 units, according to member data released by the Vietnam Automotive Manufacturers Association (VAMA).
"We set another important milestone for the electrification of our future electric vehicles," Wilko Stark, who oversees procurement and supplier quality on the board of Mercedes-Benz Cars, said.
A Tokyo court rejected ousted Nissan Chairman Carlos Ghosn's appeal to end his detention following his arrest last month on allegations of financial misconduct.
Ousted Nissan Motor chairman Carlos Ghosn was planning to propose replacing CEO Hiroto Saikawa at a company board meeting scheduled for late November before he was arrested by Tokyo prosecutors on 19 November for alleged financial misconduct, according to reports in Japan.
Nissan will file corrected earnings for past years in which Carlos Ghosn, the company's ousted chairman, allegedly under-reported his compensation by tens of millions of dollars.
Hyundai Motor Group's two vice chairmen in charge of randd have offered to resign, three people familiar with the matter told Reuters.
Persuading consumers of the need to remain vigilant when it comes to global warming issues continues to form the backdrop to new mobility solutions such as electric vehicles, according to one UK energy academic.