Fiat said reports that a significant number of its shareholders have exercised their exit rights over the company's merger with Chrysler were unfounded. A shareholders exit could potentially jeopardize the merger.
Fiat said reports that a significant number of its shareholders have exercised their exit rights over the company's merger with Chrysler were unfounded. A shareholders exit could potentially jeopardize the merger.
News
5 Aug, 2014
First pictures of the huge S-Class Pullman limousine revealed
Germany's car sales reportedly rebounded in July as registrations rose 6.8% to 270,249 cars, boosted by premium models and SUVs.
China ordered a nationwide overhaul of safety practices at factories handling explosive materials following a fatal blast at an auto parts factory near Shanghai, the official Xinhua News Agency reported.
BMW Group's Rolls-Royce has confirmed it will launch a new convertible by mid-2016.
The SAIC-GM-Wuling joint venture said it received more than 10,000 orders for the Baojun 730 seven-seat family vehicle within 52 hours of its launch.
Isuzu's net sales for the fiscal first quarter ended 30 June 2014 were down 4.1% to JPY404.9bn (US$3.94bn) compared with JPY422.4bn in the same period a year ago. Operating income was down 16.5% to JPY37.2bn compared with JPY44.5bn.
The Indian government needs to fix the country's roads rather than demand increasing safety measures from carmakers, their key trade group said.
Slowing demand for diesel vehicles in India has led to Maruti Suzuki halting plans to increase engine production by 150,000 units at its Gurgaon plant.
News
5 Aug, 2014
Rolls Royce confirms a second convertible model based on the Wraith will join the range in mid-2016
News
5 Aug, 2014
Californian tuner Road Race Motorsports decides Fiat 500 needs 247bhp and aggressive carbon fibre styling
Despite record vehicle sales in the second quarter of 2014, adverse exhange rates held back a rise in BMW Group revenues to just 1.8% (EUR19,905m). But EBIT rose 26% to EUR2,603m and net profit climbed 27.2% to EUR1,771m. Unit sales were up 5.3% to 533,187.
Will the new plug-in Golf fry the Focus Electric and mulch the Leaf? It's certainly good enough to become the sales leader in its class.
American Axle & Manufacturing has posted second quarter net income of US$52.2m, more than double the previous figure of US25.8m last year.
Toyota Motor boosted both operating and net profit in its first fiscal quarter as unit sales (+0.4%) and revenue (2.2%) only inched up compared with a year ago. Nonetheless, operating profit beat analysts' estimates.
Daimler's Mercedes-Benz unit said it is cooperating with China's anti-monopoly authorities over an investigation into unspecified matters, after local Chinese media said the automaker's Shanghai office had been raided.
Shanghai GM has revealed the first images of the Cadillac ATS-L, a long-wheelbase model unique to China.
News
5 Aug, 2014
Following exterior sketches last week Kia has revealed the seven-seater Sorento's interior design in an official drawing
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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