Auto News 5

Daimler promoted Ola Kaellenius, head of sales for its Mercedes unit, to the group's management board, making him a potential candidate to succeed Dieter Zetsche as CEO. Zetsche's current contract runs until the end of 2016.

Honda and Nissan Motor have now followed Toyota in widening global air bag recalls after one of the devices made by Takata ruptured in a scrapped car in Japan.

Volvo has confirmed that it is developing its first lightweight, three cylinder, petrol engine.

News 11 Dec, 2014

Audi’s new RS3 Sportback hyper hatch will do 0-62mph in 4.3 seconds and hit 174mph flat out

Banco Santander is reportedly considering acquiring the publicly traded shares of its US auto finance lender, Santander Consumer USA Holdings Inc., as the US company experiences downward pressure on its stock price on rising concerns over sub-prime lending in the US auto sector.

National Electric Vehicle Sweden (NEVS) says it has until 2 March to "get things in order" as it secures a latest approval to extend reorganisation.

New vehicle sales in mainland China rose by 2.3% to 2.09m units in November, from 2.04m units in the same month of last year, according to the China Association of Automobile Manufacturers (CAAM).

News 11 Dec, 2014

Next BMW 5 Series, shown here in our spy pictures, should debut new weight loss techniques and three-cylinder engines

News 11 Dec, 2014

Hot new Peugeot 308 GTi to become most powerful model with 270bhp, due late next year

Honda, the automaker at the center of a global auto-safety crisis, is seeking to hire a senior quality engineer who would lead audits of suppliers' quality assurance.

Tata Motors' Land Rover has unveiled augmented reality (AR) technology ahead of the launch of the Discovery Sport, the Freelander replacement, bridging the gap between the announcement and vehicles arriving in showrooms. The technology will be available at all 117 dealers in the UK.

Mitsubishi has built its three millionth Pajero since the model line, sold worldwide, was introduced in 1982.

PSA has agreed to invest 150 million euros ($187 million) over the next three years to add models such as upscale compact car at its plant in Poissy, France, unions said.

News 11 Dec, 2014

Following the Citroen and DS separation, the luxury DS brand will introduce 6 global models by 2020

News 11 Dec, 2014

BMW has given its 6 Series and M6 coupe, convertible and saloon a mid-life makeover, with better interior quality and engine tweaks

Things are hotting up at Hyundai Motor which will introduce its fastest production model yet with the arrival of the new i30 Turbo next year along with a coupe version of the smaller i20.

Fiat Chrysler's share sale will carry a discount of 4 percent after the stock plunged the most in New York since the company's October debut. CEO Sergio Marchionne is seeking to raise about $5 billion to counter mounting debt.

Fiat Chrysler's share sale will carry a discount of 4 percent after the stock plunged the most in New York since the company's October debut. CEO Sergio Marchionne is seeking to raise about $5 billion to counter mounting debt.

Fiat Chrysler Automobile's share sale will carry a discount of 4 percent after the stock plunged the most in New York since FCA's October debut. FCA is selling stock to counter mounting debt and fund a five-year investment plan.

India's Mahindra is close to sealing a deal to buy NEVS, the investment group that bought the assets of Saab Automobile, a report said. Mahindra wants Saab so it can accelerate its expansion into Western markets and into premium and electric cars.