Recall-plagued airbag supplier Takata is likely to seek more capital around September as it expects its finances to be hit by a rise in the cost of recalling potentially defective airbag parts, media reports said on Tuesday.
A research note from the autos analysts at Deutsche Bank suggests that the rise of car sharing could create new opportunities for carmakers and that the view of a shrinking market could be wrong.
Knorr-Bremse's Russia division estimates the current crisis in the automotive sector will end sooner than some of the more pessimistic predictions, as the country starts to benefit from a slowly rising oil price.
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29 Mar, 2016
Limited-run, petrol-only Mazda 3 Sport Black available to order on April 1st from £20,995
Music streaming app Spotify is to joins McDonald's, 7-Eleven and BP as a partner in the FordPass membership service that Ford is pitching to its customers and potential future customers.
China's GAC Motor plans to build new vehicle assembly plants in Iran and Russia to capitalise on growing demand for Chinese products, according to local reports.
GAZ Group's component division says it is not enough just to drive down cost, but that product lines need to diversify in order to generate new business.
Takata is likely to seek more capital as it expects its finances to take a hit from a rise in costs to recall potentially defective airbag parts, a report said.
French government representatives on PSA/Peugeot-Citroen's board oppose the sharp increase in remuneration of the automaker's CEO Carlos Tavares, a French newspaper reported. Tavares received $5.9 million last year.
French government representatives on PSA/Peugeot-Citroen's board oppose the sharp increase in remuneration of the automaker's CEO Carlos Tavares, a French newspaper reported. Tavares received $5.9 million last year.
The spot from Nissan and the International Cricket Council teases a big news drop with sparse information.
GM won a partial victory in its second trial over faulty ignition switches as a judge threw out a key fraud claim against the automaker, a company spokesman said, boosting the company's outlook for resolving hundreds of similar cases on better terms.
Technological innovation in the auto industry, from the advent of Uber and Lyft to a future with self-driving vehicles, promises to change the game for commuters and carmakers.
Volkswagen is recalling nearly 5,600 electric e-Golf cars in the U.S. to address a battery problem that can cause stalling, the company said today.
Six former General Motors lawyers who were let go over their roles in the automaker's ignition-switch controversy will keep their Michigan law licenses, according to a news report.
General Motors has won U.S. antitrust approval for the purchase of Silicon Valley startup Cruise Automation, the Federal Trade Commission said today.
Porsche will unveil its new Panamera at this year's Paris auto show. The sedan will use VW's lightweight MSB platform, which also is expected to underpin models from Bentley, Bugatti and Lamborghini.
Cadillac's new entries -- the XT5 crossover and CT6 sedan -- were assigned ho-hum residual values, which will make it tougher for Cadillac to compete on lease programs.
Reporters Nick Bunkley and Mike Colias were on the floor of the New York auto show last week, issuing snap judgments on the hardware faster than Dutch Mandel at Detroit Autorama. Here's a bit of their back-and-forth.
Nissan's new sales and marketing boss orders up a new approach to U.S. advertising.
With the current economy the last thing you need is for your vehicle to break down. Whether your driving a reliable car or a busted up
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