Indonesian tyre manufacturer Gajah Tunggal says its rubber purchasing could rise by around 10% this year to 80,000t as sales increase 30% according to Reuters.
Toyota will begin selling chargers for electric vehicles and plug-in gasoline-electric hybrids next month says Kyodo.
Honda forecast a bigger-than-estimated 63 percent drop in full-year profit, citing output disruptions following the nation's earthquake in March and the strong yen.
Honda said it expects a 63.5% drop in group net profit to JPY195bn (US$2.43bn) billion yen for fiscal 2011, following production drops from the earthquake and tsunami in March according to Kyodo.
Ford is realigning its European production in a move that will add two models at the carmaker's Valencia, Spain, factory and an electric version of the Focus at the Saarlouis, Germany, plant.
Russian investor Vladimir Antonov will no longer take part in a sale and leaseback deal of Saab property, which had been aimed at raising funds for the carmaker, his spokesman confirmed.
The devastating earthquake and tsunami in Japan in March may force Nissan to delay start of US production of its Leaf EV which had been scheduled to begin at the end of next year.
U.S. car hire firm Avis is to buy its European namesake for an agreed 635 million pounds ($1.0 billion) to reunite the two businesses after 25 years, amid growing consolidation pressure in the industry.
Japanese firm's forthcoming crossover will debut all new generation of lightweight fuel saving technology
GM CEO Daniel Akerson assured the head of Opel that the U.S. automaker was not in talks to sell its European arm to a rival, a German newspaper reported.
General Motors CEO Daniel Akerson assured the head of Opel that the U.S. carmaker was not in talks to sell the European arm to a rival, a German newspaper reported.
Carbon fiber -- once so costly that it was the preferred material only for fighter planes and supercars -- is catching the attention of weight-conscious automakers.
BMW AG plans to begin high-volume production of carbon fiber parts in two years, which could make it the first automaker to move beyond limited-edition use of the exotic material.
Ford has sold its blow-molded fuel tank business in Milan, Michigan, to Inergy Automotive Systems. The transaction was completed on June 1.
Nissan Motor Co. and its European alliance partner, Renault, have put a staff of 10 people in California's Silicon Valley to help the automakers become better wired to software and Internet communications trends.
In a sad piece of news, MINI and BMW have decided not to produce the wildly popular Rocketman Concept unveiled at this year's Geneva Auto show. This is quite the opposite of what we were told a short while back.
According to the Japanese newspaper Nikkei, Suzuki is currently developing a plug-in hybrid version of the fuel-efficient Swift to be introduced in Japan in 2013 and possibly later in North America.
Formula 1 World Champion Lewis Hamilton and two-time NASCAR Sprint Cup Series Champion Tony Stewart together to swap race cars Tuesday at Watkins Glen International in the United States.
Team Rahal Letterman Lanigan announced Tuesday that former Indy Lights driver and 2011 Indianapolis 500 rookie Pippa Mann would join the team for three Indy Car events later this year.
The compact multipurpose vehicle market--or microvan, whatever you want to call it--is about to double its product offering. After the Mazda5 and the Kia Rondo, Ford will introduce its C-MAX and GM will launch the Chevrolet Orlando before the end of the year.
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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