Volkswagen AG and Suzuki Motor Corporation on Wednesday said they had agreed "to establish a close long-term strategic partnership". A framework agreement was signed by both automakers today.
Full story...
Renault's Romanian unit Dacia has revived the Duster badge for a new four-wheel-drive SUV which will be built at its main Pitesti plant and soon (alongside the Logan, Sandero and Sandero Stepway) in Curitiba, Brazil, for distribution in Brazil, Argentina, Mexico and Chile. The Duster will later be manufactured at the Avtoframos plant in Moscow, too.
Full story...
Turkey's November vehicle production rose 30% amid growing indicators that the economy is starting to recover from deep recession, however the Central Bank has warned the upturn will be slow and gradual.
Full story...
Germany's Volkswagen AG will buy a 19.9 percent stake in Japan's Suzuki Motor Corp. for $2.5 billion, the companies said on Wednesday, the latest in a series of tie-ups between global automakers.
Full story...
(Reuters) -- Tie-ups between automakers in the East and West are being advanced as a survival strategy for the industry to cope with fragile demand, chronic overcapacity and stricter environmental regulations.
Full story...
India's Apollo Tyres will operate a global marketing structure from 1 January, headed by chief marketing officer Marc Luyten, who was director, marketing & aales at Apollo Vredestein B V, in Enschede, the Netherlands.
Full story...
Volkswagen AG said on Wednesday that it will buy a 19.9 percent stake in Japan's Suzuki Motor Corp. for $2.5 billion. Suzuki will use half the proceeds to buy shares in the Europe's largest automaker.
Full story...
Japan's Suzuki Motor Corp said on Wednesday it plans to use Volkswagen AG technology to make hybrid cars and electric vehicles, as the two form a capital alliance.
Full story...
Volkswagen will buy a one-fifth stake in Suzuki for $2.5 billion, giving it access to the Japanese firm's expertise in small cars and dominance in India as it seeks to become the world's top automaker.
Full story...
Volkswagen AG said on Wednesday that it will buy a 19.9 percent stake in Japan's Suzuki Motor Corp. for $2.5 billion. Suzuki will use half the proceeds to buy shares in the Europe's largest automaker.
Full story...
VW will buy a one-fifth stake in Suzuki for $2.5 billion, giving it access to the Japanese firm's expertise in small cars and dominance in India. Suzuki plans to invest up to half of the stake sale proceeds in VW shares.
Full story...
Volkswagen will buy a one-fifth stake in Suzuki for $2.5 billion, giving it access to the Japanese firm's expertise in small cars and dominance in India as it seeks to become the world's top automaker.
Full story...
Volkswagen will buy a one-fifth stake in Suzuki for $2.5 billion, giving it access to the Japanese firm's expertise in small cars and dominance in India as it seeks to become the world's top automaker.
Full story...
VW will buy a one-fifth stake in Suzuki for $2.5 billion, giving it access to the Japanese firm's expertise in small cars and dominance in India. Suzuki plans to invest up to half of the stake sale proceeds in VW shares.
Full story...
VW will buy a 19.9% stake in Suzuki, giving it access to the firm's expertise in small cars and dominance in India. Suzuki will invest in VW shares.
Full story...
Car sales in Russia fell 46 percent year-on-year in November to 105,302 units, a slightly better showing than the 52 percent slide reported for October, data from the Association of European Businesses showed on Tuesday.
Full story...
French auto parts supplier Plastic Omnium Co. raised its fourth-quarter sales forecast on Tuesday after benefiting from higher car sales due to consumers buying before car-scrapping schemes are phased out.
Full story...
Shares of Suzuki Motor Corp. rose nearly 4 percent a day after sources told Reuters that Volkswagen AG is planning to take a stake of up to 20 percent in the Japanese automaker.
Full story...
France, Germany and other European nations have created overcapacity by subsidizing the auto industry, a problem that should be fixed by streamlining the sector as the United States has done, Fiat S.p.A.
Full story...
Car sales in Russia fell 46% year-on-year in November to 105,302 units, a slightly better showing than the 52% slide reported for October. A slump in demand for cars has cut Russian sales by 50% in January-November 2009.
Full story...
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
The latest auto news, reviews, prices, product and vehicle releases.