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Aug
17th

Woodward Dream Cruise sights and sounds: A wild celebration of car culture

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The Woodward Dream Cruise in metro Detroit may be a one-day affair, but that doesn't stop automakers and enthusiasts from celebrating car culture for several days before the main event.
Aug
17th

CHINA: Toyota suspends production at China plants after Tianjin blast

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Toyota in China has said that it will stop production until at least Wednesday at two plants in northern China following last week's explosions and subsequent disruption in the port of Tianjin
Aug
17th

VW faces NHTSA probe after Takata airbag incident

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NHTSA is widening its Takata airbag probe after a Takata side airbag in a Volkswagen SUV ruptured in June.
Aug
17th

Lear buys technology from California automotive app developer

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Lear said today it has acquired the intellectual property and technology of Autonet Mobile, a software and device developer of automotive applications in California.
Aug
17th

Ferraris lead the pack at $390 million Pebble Beach car auctions

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Ferrari led the pack again. The Italian sports cars accounted for seven of the top 10 sales at auctions in California that fetched $390.6 million.
Aug
17th

Tesla stock price predicted to nearly double, Morgan Stanley says

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Forget about a mere 15 percent increase in stock value -- how about a 90 percent one? That's how bullish Morgan Stanley analyst Adam Jonas is on Tesla.
Aug
17th

CHINA: China to become world’s largest market for green cars

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Reports in China say the country is set to pass the US and become the world's largest market for new energy vehicles this year, as volumes surge helped by government incentives.
Aug
17th

COMMENT: How far away is an ‘Apple car’?

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Apple is a very, very powerful brand. It is also a very, very big publicly listed company with a market capitalisation approaching $700bn (the biggest valuation of any company in the world). What Apple has done with its exquisitely designed personal devices is amazing.
Aug
17th

Hyundai affiliate Innocean partners with Horizon to form global media buying agency

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Bill Koenigsberg, CEO and founder of U.S.
Aug
17th

NORWAY: Kongsberg wins EUR15.8m seat contract

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Kongsberg Automotive says it has been awarded a seven-year agreement with an unnamed European automaker for the supply of seat comfort systems to a mid-size/large luxury SUV.
Aug
17th

Former Porsche SE communications chief charged with aiding market manipulation

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A German prosecutor has charged Porsche SE's former communications chief, Anton Hunger, with aiding market manipulation related to the purchase of Volkswagen Group shares, after dropping identical charges against Porsche's supervisory board last...
Aug
17th

Former Porsche communications chief charged with aiding market manipulation

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A German prosecutor charged Porsche's former communications chief, Anton Hunger, with aiding market manipulation related to the purchase of Volkswagen Group shares, after dropping identical charges against Porsche's supervisory board.
Aug
17th

INDONESIA: Vehicle sales plunge 40% in July

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Indonesia's new vehicle market deteriorated sharply in July, with deliveries to dealers estimated to have fallen by almost 40% to 55,100 units from 91,400 units in the same month of last year, based on data released by industry association Gaikindo.
Aug
17th

CHINA: Hyundai, VW lose cars in China explosion

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Hyundai Motor estimates it has lost stock worth KRW160bn (US$136m) in the huge warehouse explosion in the Chinese port of Tianjin last week.
Aug
17th

CHINA: LG Chem to supply EV batteries to Changan Auto

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South Korea's LG Chem has signed agreement to supply batteries for Changan Automobile's its next generation plug-in hybrid-electric vehicles.
Aug
17th

US: SRG Global unveils integrille shutter system

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SRG Global has unveiled its integrille active grille shutter system, which it maintains combines decorative features with fuel efficiency.
Aug
17th

US: Apple scouting to test car – report

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A report in a British newspaper suggests that Apple is moving along with plans to build a car and is looking for a secure place to test it.
Aug
17th

US: GM to invest in Durant-Dort Factory One

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GM's historic Durant-Dort Factory One will be converted into an archive and research centre as part of a renovation project connecting the site's rich manufacturing history with ongoing developments in the automotive industry.
Aug
17th

Millennials are developing parents’ taste for Jaguars, Cadillacs

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Millennials are developing a taste for expensive -- and even luxury -- automobiles and taking out cheap leases so they can afford them.
Aug
17th

Saab owner will develop green cars with China’s Dongfeng

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China's Dongfeng and National Electric Vehicle Sweden (NEVS), which bought Saab Automobile in 2012, have signed an agreement to jointly develop green cars.
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