Wall Street powerhouse Soros Fund Management is ready to move on a deal to acquire auto dealerships, a representative of the fund said at a private dinner Saturday in San Francisco, according to two sources who attended the event.
Confirmed deaths tied to General Motors' defective ignition switches stand at 50, four times GM's estimate through much of 2014, as a deadline nears Saturday for sending in claims.
News
26 Jan, 2015
Next-gen Ka city car spied undisguised on British soil for the first time, ahead of mid-2015 release
Dana Holding said it had completed the sale of its Venezuelan operations, CA Danaven, to Manufacturing and Logistics Solutions, an independent and locally operated company.
In BMW's Super Bowl spot, the brand is casting its electric i3 hatchback as an ahead-of-its-time concoction that needs some explaining -- just like the Internet back in 1994.
The survey said that electrified vehicles are expected to account for at least 11% of all new vehicles sold in China in the next decade on the back of growing environmental awareness and stricter regulations.
News
26 Jan, 2015
RM Auctions is set to sell 75 classic cars from Paul and Chris Andrews amazing car collection in Texas, all with no reserve
Honda appears to have defected from long time airbag supplier Takata for three planned new models following the inflator recall debacle.
Although there can be no doubt that tomorrow's drivers will be better informed, there remains some concern about information over-load. Matthew Beecham reports on some innovations to help keep their eyes on the road and hands on the wheel.
News
28 Jan, 2015
Croydon motorist suffers repeated repair bills as local squirrels attack his Toyota Aygo
ThyssenKrupp (China) is spending EUR75m (US$85m) on an automotive electronic power steering (EPS) system factory in the Changzhou National Hi-Tech District (CND) in eastern China's Jiangsu Province.
Audi says it will recall 80,000 vehicles globally due to fuel-injection issues, adding that about 35,000 are from China.
UK engine manufacturing output returned to growth, up 6.7% in December. But output fell 6.2% over the year, following retooling at a number of facilities.
UK commercial vehicle (CV) manufacturing output was up 12.6% in December, the first month of growth since July 2013.
VW says it has reached an agreement with its dealers in China and pledged to continue setting reasonable sales targets to ensure a financially sound distribution network as demand in the world's biggest auto market slows.
Continuing just-auto's series of interviews with global tyre manufacturers, Matthew Beecham spoke to Peter Becker, Executive Managing Director, Kumho Tire Co Inc about trends in tyre development, modelling, labelling and run-flats.
News
26 Jan, 2015
Councils pay out £3.2 million in pothole damage compensation but approve less than a quarter of all pothole claims
Nissan and its luxury Infiniti sibling have mellowed in their message of cutting-edge future products as 2015 begins. Missing from talking points this month at the Detroit auto show was any discussion of recent racy concepts.
Publicly traded U.S.-based auto retailers continued to build shareholder value in 2014, while global automakers and suppliers returned to earth.
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