Fiat expects to raise its stake in Chrysler to 58.5 percent by the end of this year, the company said. The move is dependent on the automaker achieving a preset performance target to develop a Fiat-based car that can get 40 miles per gallon.
Porsche named George Wills as a new managing director for its Middle East, Africa and India sales region.
New vehicle sales in Thailand jumped by over 20% to 79,043 units in August, from 65,724 units sold a year earlier, according to data gathered by Toyota Motor Thailand.
Ford plans to offer eight new models in the Association of Southeast Asian Nations over the next five years as it seeks to take advantage of rising vehicle sales in Indonesia.
General Motors will develop electric cars in China with SAIC Motor Corp. as the partners look to meet government demands for more low-emission vehicles in the world's largest auto market.
General Motors said today it plans to develop an electric vehicle with Chinese partner SAIC Motor, but it won't be a version of the Chevrolet Volt.
Pang Da, one of two Chinese companies that has been planning to invest in ailing automaker Saab, has warned that it may have to write off the money it paid to buy vehicles from the Swedish automaker as a bad debt.
Robert Bosch has begun building a spark plug plant in the east China city of Nanjing. The 1.
New test mule is first look at upcoming Volkswagen Polo R

New test mule is first look at upcoming Volkswagen Polo R

Peugeot's spiritual successor to the 205 GTi has broken cover, ahead of its world debut next month
Peugeot's spiritual successor to the 205 GTI has broken cover - ahead of its world debut next month

First pictures of revived British classic surface ahead of its on sale date in 2014
Beijing Automobile's joint venture with Daimler is seeking 12.8 billion yuan ($2 billion) in loans from a group of banks for new production lines and an engine factory, its chairman Xu Heyi said in an interview.
Fiat has enough liquidity to weather the financial crisis, CEO Sergio Marchionne said. "We learned the hard way in 2008. We have cleaned up. We have enough liquidity in the system to weather the storm," he said.
German public prosecutors have dropped an investigation into Daimler CEO Dieter Zetsche on suspicion of involuntary manslaughter.
As I sit here in my ultra-modern, exposed-cement ceiling, minimalist, straight-lines hotel room in the ever-popular and uber cool OPUS Hotel in Montreal, I'm trying to make the connection with Chevrolet's newest compact car, the Sonic.
Hybrid vehicles are all the rage these days and the war on gas guzzling is on, but BMW has nonetheless decided to retire the ActiveHybrid X6.
Formula One tire suppliers Pirelli have revealed the compound nominations for the Grands Prix in Japan and Korea next month.
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