Schaeffler says a 34 percent stake in rival Continental has been shifted off the books in a move towards a possible stock market listing. Schaeffler borrowed 16 billion euros ($18.
Toyota has broken ground on its new North American headquarters in Plano, Texas, using one of its own (San Antonio-built) V8 powered Tundra pickup trucks fitted with a plough.
Iochpe Maxion has promoted Pieter Klinkers to CEO of Maxion Wheels, effective 1 March, 2015.
Toyota defended its crown as the world's biggest automaker in 2014, keeping a slim lead over Volkswagen. But Toyota forecast sales to slump 1 percent in the current calendar year, on the back of slowing demand in Japan and emerging markets.
Michelin aims to counter rising pressure from low-cost Chinese brands in Europe and North America by increasing the number of cheaper tires it offers from budget subbrands, the tire maker's CEO, Jean-Dominique Senard, told Automotive News...
Volvo is reshuffling its North American management, moving CEO Tony Nicolosi to head of its finance company for the Americas and bringing global corporate product strategy chief Lex Kerssemakers to replace him.
Tom Kowaleski, who held key communications jobs for Chrysler, GM, BMW and most recently, Lincoln, died Tuesday. He is best remembered for being one of the masterminds behind the wildly successful Chrysler press conferences in the 1990s.
In his penultimate State of the Union address, President Barack Obama vowed to seek congressional authority to negotiate big ticket trade deals with European and Asian nations that could have significant implications for the auto industry, but have...
A Toyota Tundra bulldozed through soil today in Plano, Texas, breaking ground on the automaker's new North American headquarters. Toyota in April said it would relocate the headquarters to Plano from Torrance, Calif.
One Las Vegas dealership and three former Detroit area dealerships -- Livonia Chrysler Jeep, Fox Hills Chrysler Jeep and Village Chrysler Jeep -- could get a chance to reopen more than five years after a Chrysler Group LLC decision to close them,...
General Motors' ignition swith compensation fund has now received 2,818 claims but paid out only on 121, the administrator's latest statement shows.
The fate of Google's self-driving car rests in the hands of Roush Industries and several other Detroit area suppliers.
News
21 Jan, 2015
New details on Subrau Outback ahead of April on-sale date, prices start at around £28,000
Mercedes-Benz has stated building the GLA Shooting Brake (wagon) at its newest plant in Kecskemét, Hungary.
Mercedes-Benz has stated building the CLA Shooting Brake (wagon) at its newest plant in Kecskemét, Hungary.
News
20 Jan, 2015
The Lexus NX, the latest addition to Lexus’ crossover range, is given a turbo boost
Volkswagen has more than just an SUV offensive up its sleeve as the company considers adding -- and deleting -- some models in its U.S. lineup. VW executives indicate that a new VW van and high-performance Golf hatchback may make their way stateside.
Former Transportation Secretary Samuel Skinner said six experts -- including Cerberus Chairman John Snow -- will serve on an independent panel that will oversee Takata's efforts to ensure that its airbag inflators meet federal safety standards.
Volkswagen's Audi brand, for the first time in seven years, isn't advertising during the Super Bowl this year, a spokesman confirmed today. The news comes a day after a Ford spokeswoman said the Ford and Lincoln brands wouldn't participate either.
News
20 Jan, 2015
Limited edition 650S built for 20th anniversary of McLaren's 1995 Le Mans 24-hour race victory, priced at £244,500
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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