General Motors of Canada has detailed research and development activities in Canada that started in 2009 and stretch to 2016, at a cost of US$850m.
Daimler booked second quarter EBIT of EUR2,243m, down from EUR2,581m the previous year and net profit also dipped to EUR1,515m from EUR1,704m).
Japan's eight leading automakers boosted domestic production 21.2% to 847,734 vehicles in June.
Outright union hostility to PSA Peugeot's Citroen's massive job reduction plans looks likely to be neutered by the imminent holiday season in France that will see vast swathes of the country's automotive sector leave for the beach.
News
25 Jul, 2012
The Jaguar C-X75 supercar will be powered by a 500bhp 1.6-litre, twin-charged four-cylinder hybrid
Thailand's finance ministry is proposing to extend the first time car buyers' incentive programme until mid 2013, at the request of the country's car manufacturers to ensure all applicants are able to benefit.
News
25 Jul, 2012
You’ll soon be able to control all your car’s gadgets with facial expressions and gestures
EXECUTIVE EDITOR BOB GRITZINGER: This is what the Audi TT should be--a high-revving, precise-handling, rock-solid all-wheel-drive sports coupe.
GM is restructuring its product-development enterprise so that a single engineer takes full responsibility for each of GM's vehicle programs, a move aimed at increasing accountability and speeding the introduction of new cars and trucks.
India's Automotive Component Manufacturers Association (ACMA) has strongly condemned last week's violence at Maruti Suzuki's Manesar plant as fears grow the region's supply chain could be severely impacted.
In light of the child sex abuse scandal that has ensnarled Penn State, General Motors is re-evaluating its sponsorship of the university.
News
25 Jul, 2012
New flagship performance model and more potent diesel join the Volkswagen Beetle line-up
Toyota Motor Corporation said Toyota Motor (Changshu) Auto Parts (TMCAP) has been established in the Changshu Southeast Economic Development Zone, Jiangsu Province, China and will start transmission production in September 2014 with initial capacity of 240,000 units a year.
Three Chevrolet models captured top rankings in their segment, the most of any brand in the J.D. Power and Associates 2012 Automotive Performance, Execution and Layout (APEAL) Study released today.
Civilization as we know it has come to an end. Who needs the Mayans to tell us otherwise?
On the heels of a profitable second quarter, Lithia Motors' top executives remain bullish on new-vehicle sales this year despite economic uncertainty.
Mazda Motor Corp. has released photos of the third-generation
Opposition politicians in France have been quick to pour cold water on the government's plans to significantly increase subsidies for electric and hybrid vehicles, branding them "infantile."
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