Daimler's commercial vehicle division and Russian truck manufacturer Kamaz, have signed a contract covering the supply of engines and axles for the Russian company's lorries and buses.
Mitsubishi Motors president Osamu Masuko said the carmaker has abandoned plans to expand its business tie-up with Proton.
Honda has raised its sales target at home in Japan in the next fiscal year ending March 2014, up 16% to 850,000 vehicles.
Honda's rebound in the United States will continue through 2012's final months, helping the carmaker boost sales about 25 percent this year even after Hurricane Sandy reduced October gains, said sales chief John Mendel.
Fuji Heavy Industries President Yasuyuki Yoshinaga has become a market darling for something he failed to do: build a factory in China.
Russian Railways (RZD) says its recent purchase of 75% of PSA Peugeot Citroen's Gefco logistics division will see "most" of the current management and staff retained, although it does not rule out 'efficiency' changes.
SENIOR ONLINE EDITOR RORY CARROLL: So, I'm first. I am not a huge Prius fan, but I did appreciate that the plastic surfaces in the Prius interior aren't meant to look like leather. Instead,
Hyundai Motor saw its profitability match the level of BMW, far outperforming several major automakers such as Volkswagen and General Motors.
General Motors China has opened a second plant to build its low-cost Baojun brand models. The plant in the southern city of Liuzhou will have a 400,000 annual capacity and sell cars costing from CNY40,000 (US$6,400).
Chery Automobile, once China's largest home-grown automaker and Tata Motors' JLR's partner in the country, is relying on government subsidies to turn a profit while domestic rivals Great Wall Motor and Geely Automobile Holdings pull ahead, a media report said.
SAIC-GM-Wuling (SGMW), General Motors (GM) China's joint venture with SAIC and Wuling Motors, opened its new passenger car production base on 18 November in Liuzhou, Guangxi Zhuang Autonomous Region.
BYD says that it will start supplying several cars fitted with its in-house developed dual clutch transmission in 2013
Following a second, five-year postponement agreed in 2008, free trade within the Mercosur region for vehicles and parts will be postponed yet again beyond previously planned full liberation in July 2013.
Chryslers are going back on sale in Japan for the first time in more than four years.
Britain's iconic black cab maker could be rescued within weeks.
Volvo has started production of the world's first diesel plug-in hybrid powertrain which has gone into its V60 model.
Former heated discussions between Ford's Belgian unions and management appear to have thrown any new date for negotiations into disarray as both sides attempt to meet to discuss the planned Genk plant closure.
News
19 Nov, 2012
This year's Los Angeles Motor Show sees 25 world debuts, including the Mercedes SLS AMG Black Series
Daimler has taken full control of the Mercedes Formula One motor racing team after buying a 40 percent stake from a Abu Dhabi sovereign wealth fund for an undisclosed sum.
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