Fiat Chrysler is seeking more than $7 billion for its car-part unit Magneti Marelli in exclusive sale talks with a supplier owned by KKR, Bloomberg reported.
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Volkswagen claimed to be the first automotive manufacturer using HP's Metal Jet 3D printing technology which simplifies and speeds up metallic printing.
UK-based design and engineering company Gordon Murray Design has unveiled the latest version of its iStream automotive manufacturing system which it says revolutionises the way cars are manufactured and delivers up to a 50% reduction in body weight.
Pioneer secured a bailout worth up to $540 million from Baring Private Equity Asia, after failed bets on car navigation and audio systems saddled it with debt and pushed it into the red.
Pioneer secured a bailout worth up to $540 million from Baring Private Equity Asia, after failed bets on car navigation and audio systems saddled it with debt and pushed it into the red.
Wabco has announced the inauguration of a new advanced production base in Rayong, Thailand, to support increased local demand for braking systems from major commercial vehicle manufacturers.
Nissan has stopped building the Pulsar hatchback for Europe and will end production of the Almera sedan in Russia later this year.
Nissan's US unit said it was introducing Safety Shield 360, six active safety and driver assist items, as standard equipment on all of its top selling models by 2021, about 1m vehicles a year.
According to data from the Q3 2018 Cox Automotive Dealer Sentiment Index (CADSI), US automobile dealers are more positive than negative in describing the current market in the third quarter but are fearful that proposed auto tariffs could hurt profitability.
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With the motto 'Ready for the Future', Skoda has inaugurated its new InnoCube innovation area, which is located in a former abbey building near Malda Boleslav.
Ricardo says it has developed a new single-speed E-Axle transmission that offers a balance of efficiency and performance, together with low total cost of ownership.
Ricardo and Roke have jointly launched a new Digital Resilience Lab to 'help automotive manufacturers design and produce the next generation of secure vehicles and realise the vision of future transport systems'.
Germany's consumer protection association and auto club ADAC will present a class action against VW on behalf of owners over the automaker's manipulation of emissions software.
Tata-owned Jaguar Land Rover (JLR) CEO Ralph Speth has warned that a UK-EU Brexit trade deal is needed that protects frictionless trade between the UK and the EU or the company will be faced with additional costs that could potentially cost tens of thousands of UK jobs.
Icelandic is to ban registrations of fossil fuel cars by 2030 as part of plans to meet the country's Paris Agreement targets and become carbon neutral by 2040.
Three years after admitting to cheating diesel-emissions tests, Volkswagen is still struggling to escape the scandal as it faces another wave of claims from investors and customers. Current and former executives remain under investigation.
Volkswagen warned that ambitious plans to offer an electric version of each model will cost more than it estimated, forcing the carmaker to deepen an efficiency push to meet the spending demands.
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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