The new Toyota Land Cruiser has been launched in the UK and Toyota says it is equipped with a raft of new and advanced handling and driver assistance systems.
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Belgian foam maker Recticel said on Tuesday that one of the reasons it would cut 110 jobs at its plant in Wetteren, Belgium, and shift some production to Germany was to meet a demand made by Daimler AG.
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Abu Dhabi's Aabar Investments PJSC reportedly wants to raise its stake in Daimler to 15 percent from 9.1 percent, according to remarks made by the fund's chairman.
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Hungarian axle maker Raba has posted its third consecutive net loss as third quarter sales fell by an annual 42.3% to 7.11 billion forints (US$40m).
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Ricardo has announced that it has been awarded a contract by Moscow-based KATE LLC to partner it in the development of a new 7-speed automatic transmission for use in AvtoVAZ cars.
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China's BYD plans to invest RMB1.5bn to build the country's largest vehicle testing centre.
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GM Europe's new head Nick Reilly is scheduled to meet with the UK government's business secretary and the Unite labour union today to discuss GM Europe's UK Vauxhall operations.
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Data and market analyst firm RL Polk & Co is forecasting a return to a 15m unit US light vehicle market in 2013.
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Autoliv Inc. said on Tuesday that vehicle production volumes thus far into fourth quarter have held up well. "We have not seen any deterioration in (vehicle) production volumes.
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More than a dozen business leaders - including Carlos Ghosn, President & CEO of Nissan Motor Company; David W. Crane, President & CEO of NRG Energy; and Frederick W. Smith, Chairman, President & CEO of FedEx Corporation - have come together to form the 'Electrification Coalition'.
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Volvo Car Corp will retain the rights for its licensed technologies, while its Chinese bidder Geely will get the right to use the technologies, according to a spokesman for the Chinese carmaker speaking to Shanghai Securities News.
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Autoliv has said it is buying the North American airbag, seatbelt and steering wheel assets of Delphi Corp which has recently emerged from a four-year Chapter 11 bankruptcy.
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Mercedes-Benz USA (MBUSA) and Hughes Telematics, Inc. (HTI) have launched 'mbrace', a new telematics offering that they says brings an unprecedented level of connectivity to Mercedes-Benz drivers and 'begins the process of allowing them to customise their in-vehicle experiences to fit their daily needs'.
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Autoliv Inc. said on Tuesday it would buy the North American airbag, seat belt and steering wheel assets of U.S. parts supplier Delphi for an undisclosed sum. The deal strengthens the Swedish partsmaker's position as the world's No.
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Delphi is selling its North American airbag, seat belt and steering wheel assets to Autoliv Inc., the world's No. 1 seat belt and airbag maker. Terms of the deal were not announced.
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The Board of Directors of GMAC Financial Services (GMAC) has named Michael A. Carpenter, a board member with extensive financial services experience, as its chief executive officer.
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The first US-built Kia vehicle, a white Sorento, has rolled off the production line at Kia Motors Manufacturing Georgia (KMMG), officially opening the first US Kia Motors plant.
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Chrysler's new Ram brand will sell a version of the new Fiat Doblo compact van in the U.S. The Fiat-sourced Ram van will go up against Ford's Transit Connect, which Ford started selling in the U.S. in July.
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VW's supervisory board is set to approve on Thursday contracts drafted for a merger with indebted Porsche Automobile Holding SE and the partial acquisition of Porsche's sports car business- Sources said the board would sign off on the documents,...
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Chrysler's new Ram brand will sell a version of the new Fiat Doblo compact van in the U.S. The Fiat-sourced Ram van will go up against Ford's Transit Connect, which Ford started selling in the U.S. in July.
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