Russia will extend its car scrappage scheme into 2011, Prime Minister Vladimir Putin said on Tuesday, pledging to allocate 14 billion rubles ($456.6 million) in the budget to support it.
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Toyota plans to sell about 20,000 plug-in Prius hybrids in the US from mid-2012 and will show a battery-powered RAV4 developed with new EV partner Tesla at the Los Angeles motor show in November.
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Daimler reportedly is expanding cooperation with Renault and Nissan to develop electric cars in a race to meet tightening emission reduction rules.
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Sollers Naberezhniye Chelny, a unit of Russian automaker Sollers, has started commercial production and sales of Fiat Linea cars, the unit said in a statement.
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AvtoVAZ may post a net profit in 2010, Samara region governor Vladimir Artyakovtold Russian Prime Minister Vladimir Putin.
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General Motors is now waiting to see if a Belgian company will appeal against a New York bankruptcy tribunal's rejection of its offer for the automatic transmission plant in Strasbourg
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Zhejiang Geely Holding Group, the new owner of Volvo may - eventually - build as many as three plants in China to make the Swedish brand's cars, a Geely spokesman has said.
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Kia plans to produce 2,000 units of its new electric vehicles by 2012, an executive at its affiliate Hyundai said on Tuesday.
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A paper produced by analysts at the Autofacts division of PricewaterhouseCoopers (PwC) has described how, in the current post-crisis era, significant changes to consumer credit conditions and lending practices in North America are fundamentally altering auto industry volumes and norms.
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The Sevel (Società Europea Veicoli Leggeri) factory in Italy, a joint venture between Fiat and PSA-Citroen, has built its four millionth vehicle, a Fiat Ducato Maxi with a total gross weight of 3.5 tonnes, equipped with the three-litre Multijet engine and automated manual transmission.
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Outfitting Volkswagen's Touareg SUV with the 3.0-liter turbodiesel gives you more than 400 lb-ft of torque but also pushes the sticker price close to the $60,000 mark.
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Outfitting Volkswagen's Touareg SUV with the 3.0-liter turbodiesel gives you more than 400 lb-ft of torque but also pushes the sticker price close to the $60,000 mark.
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Daimler is expanding its cooperation with Renault and Nissan to develop electric cars in a race to meet tightening emission reduction rules.
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Zhejiang Geely Holding Group, which last month completed its purchase of Volvo from Ford, may build as many as three plants in China to produce Volvo cars. The plan would give Zhejiang Geely a combined capacity to make 300,000 Volvos a year in China.
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Toyota Motor Corp. will offer a plug-in version of its Prius positioned to be the cheapest green car of its kind by 2012 and could have two electric cars in the U.S. market by that time, executives said on Monday.
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Jonathan Browning, the new head of VW's U.S. unit, vowed to reconnect the brand once revered for the Microbus and Beetle with American consumers, enhance dealer relations and generate sustained U.S. profits.
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A top Toyota executive says the crash data boxes in its vehicle are reliable but a bug in the software that reads the information can give inaccurate vehicle speeds.
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Toyota Motor Corp. plans to introduce six new hybrid vehicles by the end of 2012 and bring an electric vehicle to the U.S. market that year as well.
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Zhejiang Geely Holding Group, which bought the Volvo car unit from Ford Motor Co., may build as many as three plants in China to make the Swedish brand.
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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