South Korean steelmaker Posco said it aimed to maintain its position as a leading global automotive steel producer by increasing annual auto steel output to 120m tons by 2025, a 30% increase from last year's 91m.
Michelin union, Unite has condemned the tyre manufacturer's announcement it intends to close its Dundee plant in Scotland in 2020 with the loss of 845 jobs as "a betrayal of the workforce."
News
6 Nov, 2018
Sleek Mercedes CLA Shooting Brake on the way, with an expected debut towards the end of 2019
Subaru Corporation announced on Monday it plans to expand its domestic vehicle recall after more cases of faked final inspections emerged in recent months, according to local reports.
Hyundai Mobis said it planned to increase R&D expenditure to 10% of its auto parts revenues by 2021 from 7% at present, as it looks to become a global leader in autonomous vehicle technology.
After taking a look at Ford's worldwide plans for cars into the second half of the 2020s, this second feature investigates what the brand is likely to be doing in crossovers, SUVs and pick-ups, and that includes certain battery-powered vehicles as well as JVs with VW, Mahindra and Zotye.
LMC consulting firm cut forecast for full-year new-car sales in western Europe as the implementation of a tighter emissions regime continued to weigh on sales.
Toyota, battling plateauing demand in its biggest market, is reviewing its entire U.S. lineup and could dump nameplates or models that are falling out of favor.
Toyota's operating profit increased 11 percent in the latest quarter as the automaker tapped growing demand for light trucks and cranked up cost cutting.
Bigger profits and more vehicle sales in Europe helped to boost Toyota's operating profit by 11 percent in the latest quarter.
The Seat Tarraco gives the brand an upmarket model that will compete at the high end of Europe's fastest-growing compact SUV segment.
Diesel's market share in Italy fell to 44 percent #8212; the lowest since March 2010 #8212; from 47.9 percent in September and 55.5 percent in October 2017.
Evelyn Davis, the self-proclaimed "Queen of the Corporate Jungle" who needled executives during shareholder meetings as she advocated for boardroom accountability, died Sunday, Nov. 4, in Washington.
VW will consider plans to convert its factories in Emden and Hanover, Germany, to build electric cars, a German paper said.
VW will consider plans to convert its factories in Emden and Hanover, Germany, to build electric cars, a German paper said.
Honda Canada is recalling about 7,500 vehicles because a problem with the brake system could lead to crashes. The recall affects three nameplates across two brands.
A unit of the Renault-Nissan-Mitsubishi alliance led the latest investment round into a Canadian mobility app company called Transit.
A unit of the Renault-Nissan-Mitsubishi alliance led the latest investment round into a Canadian mobility app company called Transit.
The production version of Volkswagen's compact T-Cross SUV was unveiled simultaneously in Amsterdam (Netherlands), Shanghai (China) and Sao Paulo (Brazil) recently. It is the first SUV VW has made in Brazil - at its Sao Jose dos Pinhais manufacturing plant in the southern state of Parana.
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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