GM's South Korea chief said local labor costs may rise 15 percent, fueling profitability concerns in a country where exporters are already struggling with the won's climb to a six-year high.
Eight states, including California and New York, announced today major incentives to place a cumulative 3.3 million zero-emission vehicles on the road by 2025.
UK auto engine output rose 2.9% year on year in April to 217,599 units, as year to date volume inched down 0.3% to 869,048 units.
UK car production rose 21.3% year on year in April 2014 to 133,437 units, the biggest monthly rise since July 2012.
Ford CEO Alan Mulally has sounded a warning over continuing excess capacity for the auto manufacturing industry in Europe.
Battling to catch up with German rivals in China, Daimler is shifting gears, giving local authorities unprecedented access to new Mercedes models. "To put it bluntly, we are transferring know-how," said a top Daimler executive.
Battling to catch up with German rivals in China, Daimler is shifting gears, giving local authorities unprecedented access to new Mercedes models. "To put it bluntly, we are transferring know-how," a top Daimler executive said.
News
29 May, 2014
Hyundai Veloster Midship concept debuts at Busan Motor Show in South Korea, but there are no plans for a production model
Pictures can lie - in the metal, the new Mini is easy to tell from BMW's second generation model. But what's it like to drive, and is the Cooper S good enough to see off its rivals?
Hyundai is under attack at home. Not just from other Korean brands but in the premium segment too where Mercedes-Benz, BMW and Audi sales are surging. Will the new AG sedan be a big enough weapon with which to fight back?
Russian politicians and business leaders are urging the West reign back any enthusiasm for sanctions as the current crisis surrounding Ukraine shows no sign of easing.
The General Motors engineer at the centre of the ongoing ignition switch recall enquiry reportedly told Congressional investigators he had forgotten about the design changes he signed off without a new part number.
GM wants to return to a New York courtroom to fight at least 90 ignition-switch defect lawsuits while some car owners are driving for the cases to be heard by a California judge seasoned in auto litigation.
Malaysia's second national car company Perodua and Japanese partner Daihatsu Motor plan to jointly invest MYR600m (US$186m) in a new engine manufacturing plant in Sendayan, in the Malaysian state of Negeri Sembilan.
Former Mercedes CEO, Eckhard Cordes, is stressing the need not to rupture relations between Russia and the West as fallout from the Ukrainian situation continues its economic and political implications
News
29 May, 2014
Volkswagen unveils the one-off Amarok Power concept at Worthersee tuning festival, featuring 5,000-watt portable sound system
Luxury sportscar maker Aston Martin announced that work was under way on what it described as "one of the most significant and exciting developments at the factory and global HQ for several years, as the business prepares to grow substantially its manufacturing facilities and workforce".
Daimler's car2go car sharing unit is to quit the UK. It has been present in Britain with Daimler smart brand cars available for hourly rent in London and Birmingham but will be absent from both cities from 30 May.
News
27 Jun, 2014
Open-top 496bhp Volkswagen GTI Roadster has had an outing at the Goodwood Festival of Speed
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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