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Dec
1st

PSA plans Tunisia pickup factory to help boost North Africa sales

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PSA says it plans to open a factory in Tunisia as part of its efforts to boost sales in North Africa. The plant will start building a pickup in mid-2018 to meet demand in the Tunisian market.
Dec
1st

PSA will open Tunisia factory to build new pickup

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PSA will open a factory in Tunisia in 2018 to build a Peugeot-badged pickup. The automaker joins Renault and VW Group in boosting North Africa production to meeting rising demand.
Dec
1st

ZF to sell 20% Haldex stake to Knorr-Bremse

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German supplier ZF Friedrichshafen said it had agreed to sell a 20.11 percent stake in Swedish brake systems firm Haldex to rival German bidder Knorr-Bremse.
Dec
1st

Post-Brexit tarrifs could add GBP2.7bn to car costs – SMMT chief

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UK trade association, the Society of Motor Manufacturers and Traders (SMMT) says any imposition of tariffs resulting from Britain's exit from the European Union (EU) could add GBP2.7bn (US$3.4bn) to the cost of vehicles.
Dec
1st

Post-Brexit tariffs could add GBP2.7bn to car costs – SMMT chief

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UK trade association, the Society of Motor Manufacturers and Traders (SMMT) says any imposition of tariffs resulting from Britain's exit from the European Union (EU) could add GBP2.7bn (US$3.4bn) to the cost of vehicles.
Dec
1st

China slaps 10% tax on Ferrari, Bentley cars to curb luxury

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China is introducing a 10 percent tax on cars such as Ferrari GTC4Lusso, Bentley Bentayga and Aston Martin DB9 in a bid to combat conspicuous consumption and promote more fuel-efficient vehicles.
Dec
1st

China slaps 10% tax on supercars to curb luxury

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China is introducing a 10 percent tax on cars such as Ferrari GTC4Lusso, Bentley Bentayga and Aston Martin DB9 in a bid to combat conspicuous consumption and promote more fuel-efficient vehicles.
Dec
1st

BMW begins 7 series production in Indonesia in luxury push

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BMW will begin assembling its flagship 7-series sedan in Indonesia as the automaker seeks to tap into the long-term demand for luxury vehicles in Southeast Asia's biggest economy.
Dec
1st

BMW begins 7 series production in Indonesia

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BMW will begin assembling its flagship 7-series sedan in Indonesia as the automaker seeks to tap into the long-term demand for luxury vehicles in Southeast Asia's biggest economy.
Dec
1st

Peugeot lobbied to replace Audi in Le Mans series, source says

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Peugeot is being asked to re-join the World Endurance Championship to fill the hole left by Audi's departure from the race series, whose showcase event is the annual 24 Hours of Le Mans.
Dec
1st

Porsche CEO expects annual sales of 20,000 for brand’s first EV

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Porsche expects its Mission E electric car to account for about 10 percent of its vehicle sales after the car is launched in 2019.
Dec
1st

Porsche expects 20,000 annual sales for EV

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Porsche expects its Mission E electric car to account for about 10 percent of its vehicle sales after the car is launched in 2019.
Nov
30th

Tesla cleared to open store in Virginia capital

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In a decision released Wednesday, the commissioner of Virginia's Department of Motor Vehicles reversed a September ruling denying Tesla a dealership license to operate a store in Richmond.
Nov
30th

Kia performance car for Detroit Motor Show 2017 – pictures

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Nov
30th

Mystery Kia performance car teased in Nurburgring video

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Kia performance car for Detroit Motor Show 2017 teaser
News 1 Dec, 2016

Kia has launched a teaser campaign for a secret new performance car due to star at the Detroit Motor Show in 2017

Nov
30th

Adient to spend $75 million to buy, renovate new headquarters in Detroit

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Adient said today it has acquired the Marquette Building in downtown Detroit -- walking distance from Cobo Center, the home of the Detroit auto show -- for its new global headquarters.
Nov
30th

Toyota president to head EV division

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Toyota Motor has appointed its president to head the newly formed electric car division, a move that reinforces its recent commitment to develop a technology its has been slow to embrace.
Nov
30th

Trump plans to nominate Wilbur Ross to head U.S. Commerce Department

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President-elect Donald Trump said today he plans to nominate billionaire investor and auto supplier executive Wilbur Ross as Commerce secretary and Todd Ricketts, co-owner of the Chicago Cubs baseball team, as deputy Commerce secretary.
Nov
30th

AutoNation’s move into branded F&I products brings profit payoff

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CEO Mike Jackson credits AutoNation's consistent gains in FandI gross profit to its branded product line. AutoNation began selling private-label FandI products at its stores at the end of last year and online in the first quarter of 2016.
Nov
30th

Safety groups challenge NHTSA on automatic-braking pact

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Auto safety and consumer advocacy groups have sued the National Highway Traffic Safety Administration in a bid to force the agency to decide whether to require automatic braking systems on all new light vehicles.
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