Daimler plans to sell Mercedes EVs in China as the automaker seeks to capitalize on government initiatives aimed at growing the market for new-energy vehicles (NEVs), Hubertus Troska, its market chief, said.
Volkswagen Group has signed a preliminary deal with China's Jianghuai Automobile to explore making electric and plug-in hybrid cars in a new joint venture. The two sides aim to sign a formal agreement within five months.
News
12 Sep, 2016
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PSA CEO Carlos Tavares said he wouldn't increase the company's stake in its Chinese joint venture even if the 50 percent foreign ownership cap is lifted, signaling international manufacturers aren't united in seeking the policy change.
Automotive News Europe salutes the 25 Leading Women in the European Automotive Industry. Every day through Sept. 29 one of the 25 winners will be featured. Today's winner is Renata Jungo Bruengger of Daimler.
Nissan's humorous 'Heisman House' returns for its 6th year.
Robert Bosch GmbH demanded eight years ago that Volkswagen indemnify it for using the emissions-cheating defeat device that it helped the automaker create for its diesel engines, U.S.
The nation's largest state dealer association has urged Cadillac to delay its Project Pinnacle incentive program, arguing that the plan will hurt dealers and violate at least eight California franchise laws.
Billionaire investor Carl Icahn is buying the remaining shares of auto supplier Federal-Mogul in a deal valued at about $281 million.
A takeover of Formula One by Liberty Media, rumored to be imminent, could be good news for the sport, but CEO Bernie Ecclestone is likely to remain at the helm of the series for some time yet, according to various reports.
We recently reviewed the latest, fourth generation Toyota Prius. Now, Graeme Roberts looks at Toyota's hybrid sales success and some of the new technology in the first car built on the automaker's New Global Architecture platform.
The new ridesharing economy continues to beat expectations as ABI Research forecasts global bookings to exceed US$100bn by 2020 and $300bn by 2030.
The new light commercial vehicle (LCV) market achieved a solid performance in August, growing 6.3% year on year, the Society of Motor Manufacturers and Traders (SMMT) said.
Subprime loan share is declining despite chatter around a subprime bubble, Experian said today in its second-quarter State of the Automotive Finance Market report. Subprime and deep subprime share of new and used loans and leases dropped to 22.
News
6 Sep, 2016
The tuning package adds power and performance to the tiny roadster, with up to 225bhp available
Unifor has picked General Motors as the target company to set the pattern agreement in the current round of negotiations with the Detroit Three automakers.
General Motors has settled the final two ignition-switch cases slated for trial in a New York federal court this year which, the Wall Street Journal said, moved the auto maker closer to clearing remaining legal hurdles resulting from a defect linked to 124 deaths.
Volkswagen's intent to acquire a 16.6% (post dilution) stake in Lisle, Illinois-based Navistar, coupled with a strategic technology and supply cooperation and the establishment of a purchasing joint venture represents a significant step forward for the German company's global ambitions, ambitions that have so far been tempered by a lack of presence in the North American heavy truck sector.
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