General Motors is the second OEM to announce a vehicle world premiere for the 2015 North American International Auto Show. Media preview days are 12 & 13 January.
Norway's sovereign wealth fund was the single largest shareholder to vote against Fiat's merger with Chrysler.
China has suspended work at more than 200 factories in an eastern province for safety checks as part of a nationwide review following an explosion at an auto parts plant that killed 75 people, government officials and state media said.
Voestalpine has posted first quarter profit up 12.2% to EUR 154 million (US$206m), although revenue fell 2.4% to EUR2.83bn (US$3.8bn).
For the quarter ended 31 March 2014, Hindustan Motors' net sales fell to INR917.2m (US$14.9m), from INR1.72bn in the same year-ago period. The company recorded a profit of INR124.4m, compared with a loss of INR11.6m in the same period of the previous fiscal year.
For the fiscal first quarter ended 30 June 2014, Apollo Tyres' net sales increased 1.4% to INR32.35bn (US$527m). Operating profit was up 13.4% to INR4.58bn, while net profit soared 37.3% to INR2.28bn.
PSA Peugeot Citroen has denied media reports that it us in talks with Indian carmaker Mahindra and Mahindra with a view to sharing technology and production facilities.
Ford maintains it will look to its suppliers to differentiate products as the automaker starts what it says its most aggressive product launch year to date, with 23 launches globally, 16 of which are in North America alone.
Delays, caused by the shift of factory from Singur in West Bengal to Sanand in Gujarat, badly affected sales of Tata's Nano budget car and its long term prospects.
Audi's vehicle sales rose 10 percent to 144,000 in July, helped by strong demand for the A3 model range.
Tesla said it has resolved its trademark dispute in China which threatened company plans to expand rapidly in the country.
News
7 Aug, 2014
BMW continues work on 3 Series’ mid-life update, including minor styling tweaks, new engines and revised in-car tech
BMW's Mini is claiming a world first - dashboard access to the JustPark service that enables drivers to reserve parking direct from the car.
Chrysler Group said net income rose 22% to $619m in the second quarter of 2014 on sales up 14% to $20.5bn. Operating profit was also up by 22%, to $985m.
Russia's risk profile for overseas investors is changing "dramatically" as the war of words between Moscow and the West continues to escalate, making potential new auto suppliers twitchy about entering the market.
Mercedes-Benz brand had its highest monthly sales to date in July, up 11 percent to 130,003 cars, boosted by strong demand for its compact cars and SUVs.
News
7 Aug, 2014
The final installment of the Bugatti Legends series is the Veyron Ettore Bugatti – only three will be produced
News
7 Aug, 2014
Skoda reveals full price and specification details for new Yeti Monte Carlo, on sale now for £24,390
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