Germany's ZF Friedrichshafen AG is in advanced talks to acquire TRW Automotive for nearly $12 billion, in a deal that would create an automotive supply powerhouse, people familiar with the matter told Reuters today.
ZF Friedrichshafen is in advanced talks to acquire TRW Automotive for nearly $12 billion, in a deal that would create an automotive supply powerhouse, Reuters reported..
New vehicle sales in the ASEAN region's six main markets continued to decline in the second quarter, by 6.7% to 811,461 units, according to data compiled by Tony Pugliese from various industry sources.
Production resumed today at one of GM's three pickup plants after being idled because of an interruption in sheetmetal supplies, the company said.
Jaguar Land Rover is touting the aluminum features on its upcoming Jaguar XE sedan, promising it will be the most fuel efficient vehicle in brand's history.
Fiat CEO Sergio Marchionne reiterated that Alfa Romeo will not be sold but said he remains open to forming alliances with other carmakers if it helps cut costs.
Fiat CEO Sergio Marchionne reiterated that Alfa Romeo will not be sold but said he remains open to forming alliances with other carmakers if it helped cut costs.
South African employer body, NEASA, says the trade union leading the country's recent huge metalworking strike should concentrate on the issues, rather than resorting to 'personal battles.'
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2 Aug, 2014
Is telematics tech a solution for safer driving? We speak to some young drivers with first-hand experience of black boxes
Despite slowing growth to focus on quality Toyota remained the global leader in the first half of this year with groupwide global sales up 3.8% to 5.097m vehicles, a new record.
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30 Jul, 2014
Replacement for Megane Trophy racer looks like a bona fide Renault supercar in its first teaser picture
Chinese search engine firm Baidu Inc, widely known as China's Google, is following Google and working on its own version of a self-driving car.
The UK government has announced that driverless cars will be allowed on public roads in trials from January next year.
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30 Jul, 2014
Leaked FBI report says driverless cars could be used as weapons
Panasonic and Tesla have reportedly entered into an agreement involving Panasonic's participation in Tesla's upcoming Gigafactory, according to newswire reports.
Hyundai is recalling about 883,000 Sonata mid-sized sedans in the United States and Puerto Rico because a potentially defective transmission-shift cable could increase the risk of a crash.
Renault's moderate Confédération française démocratique du travail (CFDT) union says the automaker's healthy half-year results announced yesterday (30 July), should go "hand in hand" with the company's social responsibilities.
GKN's sales for the six months ended 30 June 2014 was down 2% to GBP3.56bn (US$6.04bn) compared with GBP3.64bn in the same period a year ago.
Penske Automotive Group said second-quarter net income rose 18 percent from the year-earlier period, on higher new- and used-vehicle unit sales. The UK accounted for 35 percent of the group's revenues, up from 34 percent.
Penske Automotive Group's second-quarter net income rose 18 percent from the year-earlier period on higher new- and used-vehicle unit sales.
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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