While the world still holds its breath and wonders whether or not it will have to go through the infamous 'double-dip' recession, one mature market is defying all the odds with an economic recovery of its own.
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Korean manufacturer unveils electric city car ahead of Paris Motor Show.
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Korean manufacturer unveils innovative electric city car ahead of it's appearance at the Paris Motor Show.
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BMW China will recall imported BMW 5-series Gran Turismo cars starting on Friday because of problems with the fuel tank that can cause stalling, China's product safety watchdog said on Tuesday.
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Hyundai Motor Co. plans to sell $1.17 billion of bonds backed by auto loans. Banco Santander SA, Spain's biggest bank, plans to offer $700.5 million of similar securities, according to a person familiar with that sale.
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Spy shots confirm baby Range Rover will be available with both three and five-doors

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Maruti Suzuki on Tuesday launched an automatic transmission variant of its A-star small car (exported as the Alto and Nissan Pixo) priced at INR435,000 (US$9,300) in New Delhi.
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Shanghai General Motors, the car making joint venture between Shanghai Automotive Industry and General Motors, has launched two new versions of the Chevrolet Cruze.
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Southwest China's Sichuan province is to build three production lines for pure electric vehicles, hybrid vehicles, and compressed natural gas (CNG) and liquefied natural gas (LNG) vehicles, according to the latest official provincial auto industry development plan for 2010.
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A South African union leading the country's widespread automotive strike claims the industry is losing up to R12.5m (US$1.7m) per day as a result of its actions.
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Beijing Automotive Industry Holdings Co (BAIC) plans to launch a buyout for smaller rival Baolong Auto as part of an ongoing plan to list itself on the Shanghai exchange, a Chinese newspaper reported on Tuesday.
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Dongfeng Motor will spend 3 billion yuan ($443 million) over the next five years to develop alternative-fuel vehicles, according to a report.
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Toyota models re-entered the list of China's ten best-selling sedan models in July after a spell of six months.
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Trading in shares of Denway Motors was suspended on Tuesday ahead of the privatisation of the company by parent Guangzhou Automobile Group.
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TRW Automotive Holdings is starting production of electric power steering (EPS) at facilities in Anting, China, adding "significant" production equipment and manufacturing floor space to supply Ford and Mazda initially.
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BYD says it is deliberately targeting a slow-down in growth this year as it looks to revise its approach to include the manufacture of larger vehicles.
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Shanghai resident Jiang Qinxia is just the kind of guy that global automakers like General Motors Co. hope will jumpstart their foray into China's fledgling and potentially lucrative consumer auto financing business.
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Chevrolet's barn-storming sports car confirmed for UK next May

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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