Kongsberg Automotive has been awarded a 10 year agreement with a European premium automaker for the global supply of front seat heating and ventilation for mid-size luxury vehicles. The contract is worth an estimated EUR76.2m (US$86.6m) over its lifetime, and production is scheduled to start in the first quarter of 2018 in Pruszkow, Poland.
Light-vehicle sales in China expanded at the slowest pace since 2012 so far this year, underlining the slump in demand that prompted the government to cut a tax on car purchases to revive demand in the world's biggest auto market.
Faurecia and Beijing WKW Automotive Parts have signed a 50/50 joint-venture agreement to create an entity named Beijing WKW-FAD Automotive Interior Parts (BWKWFAD). Beijing WKW Automotive Parts is a major supplier of vehicle interior aluminium decoration in China.
Volkswagen's sports car unit Porsche today named Klaus Zellmer president and CEO of Porsche Cars North America, effective Nov. 1.
General Motors India has shipped the first 3,000 left hand drive Chevrolet Beats to Mexico. The vehicles have left Mumbai and are expected to arrive in Mexico within eight weeks with sales commencing in December 2015.
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6 Feb, 2019
Updated version of the Audi TT RS is on sale now, featuring a 395bhp five-cylinder engine and handful of styling tweaks
News
13 Oct, 2015
Audi's hottest TT spied on the road, expected to get tweaked version of RS3's engine with over 350bhp
Former Volkswagen Group CEO Martin Winterkorn, who quit last month, will step down from his remaining posts related to the company, the Sueddeutsche Zeitung newspaper and TV stations NDR and WDR reported, without citing sources. The resignations are expected in the coming days, as soon as a few remaining formalities have been dealt with, they said, according to Reuters.
Aston Martin, the 102 year-old maker of high-performance cars featured in the next James Bond film, is envisioning a future when its engines are fueled by electricity instead of gasoline.
Volkswagen is to slash investment spending by EUR1bn a year, change diesel emissions control technology and launch an electric Phaeton flagship, the brand's management board announced on Tuesday.
News
13 Oct, 2015
Exclusive pictures and details on new BMW M2 Coupe - 364bhp 3.0-litre 6cyl engine gets manual & auto options
News
13 Oct, 2015
The Volkswagen board has announced an electric focus for future models and investment reduced by €1bn a year
Automakers will build about 1.8 million cars in 2017 in the UK, less than the 1.95 million originally expected, due to more sluggish growth in Europe, an industry body said.
VW Group said it will reduce investment spending at the VW brand by $1.1 billion a year, switch to a different diesel emissions treatment technology and launch an all-electric Phaeton sedan as the flagship for a new focus on electrification.
Transport for London (TfL), the body that oversees integrated transport services in the UK capital, has confirmed it is one of the first customers for Toyota's hydrogen fuel cell powered Mirai sedan. Other early buyers are private car service Greentomatocars and hydrogen energy system manufacturer ITM Power.
China is introducing measures to encourage the adoption of electric vehicles and other 'new-energy' vehicles in the country, including regulations designed to accelerate the roll out of recharging infrastructure nationwide. The government wants the country to have a recharging infrastructure in place to support the use of 5m electric and plug-in hybrid vehicles by 2020.
News
13 Oct, 2015
The rumoured F12 Speciale will be called Ferrari F12tdf, in homage to legendary endurance road race of the 1950s
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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