Hong Kong private equity firm FountainVest Partners completed a deal to become the majority shareholder in automotive safety products supplier Key Safety Systems.
Audi will recall 70,000 cars worldwide because of a potential fault with the brake booster. Audi's A4, A5, A6, A7 and Q7 models equipped with a 3.0-liter diesel engine and built between March and December 2012 are being recalled.
Tesla Motors has said that it will partner with Chinese cell phone carrier Unicom to build charging outlets across the country.
Fiat SpA will spend less than the limit it set to buy shares from investors who opted to withdraw before the automaker merges with Chrysler Group, clearing a key hurdle before the deal can close, Bloomberg News reported on Friday (29 August).
There was no escaping it - the proverbial elephant in the room formed the backdrop to this week's Moscow Motor Show just as it had in St Petersburg earlier this year at the International Economic Forum.
There was no escaping it - the proverbial elephant in the room formed the backdrop to this week's Moscow Motor Show just as it had in St Petersburg earlier this year at the International Economic Forum.
Road tests
29 Aug, 2014
The original Mazda MX-5 is getting long in the tooth now but it still delivers on those classic roadster thrills
Malaysia's second national car company Perodua said it had received 6,000 orders for its Axia small car since mid-August.
Malaysian car assembler Inokom plans to spend MYR40m (US$12.7m) this year to expand capacity at its assembly plant in Kulim state.
Datsun unveiled its second model, the mi-Do hatchback, at the Moscow auto show. The car, based on the Lada Kalina, is aimed at Russian families who want to own a foreign car but cannot afford current offerings from Western brands.
The Lexus NX compact crossover may unseat its larger sibling, the RX, as the brand's top global nameplate. It is racking thousands of orders in Japan on top of heavy order flow in Europe, Russia and China.
The new Lexus NX compact crossover, already racking thousands of orders in Japan, may unseat big sibling RX as the luxury brand's top global nameplate. At least outside the United States.
The Lexus NX compact crossover may unseat its larger sibling, the RX, as the brand's top global nameplate. It is racking thousands of orders in Japan on top of heavy order flow in Europe, Russia and China.
National Electric Vehicle Sweden (NEVS), which bought Saab in 2012, won court protection from creditors today. But the automaker suffered a blow when Saab AB, the defense firm, withdrew NEVS right to use the brand name Saab for its cars.
National Electric Vehicle Sweden (NEVS), which bought Saab in 2012, won court protection from creditors today. But the automaker suffered a blow when Saab AB, the defense firm, withdrew NEVS right to use the brand name Saab for its cars.
Tesla Motors shares rose to a new record after the electric-car maker led by Elon Musk reached an agreement to create a vehicle-charging network in China with the country's second-largest mobile-phone company.
Tesla Motors has agreed to work with China's second-largest mobile-phone company to set up charging points for its electric vehicles.
AvtoVAZ plans to reduce staff numbers by 25,000, finance head Evgeny Belinin told a French newspaper. AvtoVAZ, controlled by the Renault-Nissan alliance, is also cutting Lada production and freezing vehicle prices.
Hyundai chose the Chengdu motor show to launch its new Kia Soul and Nissan Juke-rivalling ix25 small crossover today (29 August 2014).
The District court of Vänersborg, Sweden, on Friday (29 August) approved the application for reorganisation from Saab owner National Electric Vehicle Sweden.
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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