Russia's Severstal said it agreed to sell its two steel plants in the United States for $2.3 billion, withdrawing from the market at a time of rising tension between Russia and the West and turning its focus to its domestic business.
General Motors made changes to redesigned ignition switch parts on four models in 2003 and 2004 but did not ensure that older, potentially faulty parts were taken out of circulation, the automaker said in a filing with US safety regulators made public on Friday.
Ignition switch problems are continuing to plague General Motors. Over the weekend, it was reported the automaker had earlier this month ordered Cadillac dealers to stop selling some versions of the CTS model range because it does not have a fix yet for cars recalled in late June over an issue where engines can be shut off if the driver's knee bumps the ignition key.
Swiss engineering group ABB and Volvo said they were setting up a global partnership to co-develop and commercialize electric and hybrid buses with fast-charging systems.
Maruti Suzuki India (MSIL) and Fiat India have extended their diesel powertrain sourcing deal for an additional three years, reported local media.
Porsche has officially opened three new buildings at its Weissach development centre, marking the conclusion of the largest investment project in the centre's history.
BASF has opened its new catalyst plant in Sroda Slaska, a special economic zone near Wroclaw, Poland.
News
22 Jul, 2014
Volvo's new XC90 SUV gets raft of world first safety aids including Junction Autobrake
News
21 Jul, 2014
Founder, CEO, chairman and product architect of Tesla, Elon Musk, wants to set up a colony on Mars. We met up with him
Audi is banking on its upcoming A3 sedan to increase its market share in the Indian market when it is launched next month.
Much like supporting a football team, just when you think it's all going swimmingly and your club's in for a period of stability - and hopefully success - bang - the rug is pulled from underneath.
There are a number of things Nissan got wrong when it entered the Indian market, according to executive vice president Andy Palmer, but it has learned lessons.
BMW has agreed to extend its strategic alliance in China with Brilliance Auto until 2028.
Sir Nick Scheele, former COO of Ford Motor Company and boss of Jaguar, died on July 18, aged 70.
News
21 Jul, 2014
Special Vehicle Operations team has created a one-off Jaguar F-Type bike transporter for the 2014 Team Sky Tour de France effort
Volkswagen says the Golf Sportsvan combines the agility of the classic Golf hatchback with the roominess, easier access and higher seating position of a minivan, leading some commentators to dub it 'the better Golf.'
ZF Friedrichshafen believes buying TRW Automotive would give it a better foothold in the market for self-driving and connected cars, its finance chief told a German paper.
Opel will discontinue the weak-selling Ampera plug-in hybrid, according to people familiar with the company's plans.
If VW does buy Fiat Chrysler -- despite the companies' denials of a report that they are in talks -- it would be because the fixations of VW Chairman Ferdinand Piech may line up perfectly with the needs of Fiat Chrysler's controlling family.
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
The latest auto news, reviews, prices, product and vehicle releases. 
