On September 4, US-based Global Green Cars (GGC) announced the construction of a plug-in hybrid assembly plant in Kentucky. The word came from group president Brooks Agnew, who also said Canadian sales operations are a definite possibility.
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The Ford Fusion was quite an envelope pusher. Styled well ahead of its time, it became a popular sedan for folks who wanted an affordable four-door that refused to blend in.
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With its BB1 concept car, Peugeot has pushed back the conventions and boundaries of current automobile manufacturing to create a totally new solution to the current and future needs of urban mobility.
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GS Yuasa is in talks to supply overseas automakers with electric car lithium ion batteries and its venture with Mitsubishi Motors may begin sales next year.
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Sollers-Yelabuga, a unit of Russian automaker Sollers, plans to produce around 10,000 Fiat Ducato LCVs this year.
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Russia's struggling carmaker Avtovaz plans to create a purchasing joint venture with Renault and its alliance partner Nissan Motor, the Avtovaz CEO said on Friday.
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German chancellor Angela Merkel has defended her government's decision to aid Opel, sparking accusations of protectionism.
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The CEOs of BMW and PSA Peugeot Citroen have said that they are hoping to expand their powertrain cooperation.
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Mazda has decided to sell its entry-level 2 in the US and Canada from late next year, the Ford affiliate announced on Friday.
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Given the current auto industry state of play, a slimmed down, eye-on-the-budget, Frankfurt motor show was expected, and so it proved. But, while visitor numbers were estimated off 25% to 750,000, several well-known Japanese brands (not including Mazda, which has long been popular in Germany) stayed away, BMW kept its tent folded and the lavish on-stand hospitality of some previous years was noticeably absent, the show was still the usual sprawl.
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Autoliv has hiked its financial forecasts for the third quarter and full year, saying that it had seen a faster recovery in light vehicle production than expected.
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The Society of Motor Manufacturers and Traders (SMMT) has written to business secretary Lord Mandelson urging government to extend its scrappage incentive scheme which is close to running out of funds.
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The global market for automotive lithium batteries to power the swelling ranks of electric vehicles is forecast to hit a heady US$70bn a year by 2020, according to a key supplier of the technology.
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Former Volkswagen union boss Klaus Volkert has been jailed for nearly three years for his part in a sex and corruption scandal that rocked VW and corporate Germany.
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An M&A specialist has told an industry conference at the IAA that automotive sector M&A activity has plunged and that his analysis of the restructuring cycle and comparison with past recessions suggests that the automotive industry still faces very tough times ahead.
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AvtoVAZ, 25% controlled by Renault, could produce parts for Opel and build a budget car for the brand as part of the Magna-led consortium running Opel, Sberbank chief executive German Gref said.
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Continental has engaged Credit Suisse as an independent consultant as the supplier eyes its finance options.
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GAZ Group, the struggling Russian automotive company, has plans to lay off a maximum of 5,800 workers, a local news report has said, citing company representatives.
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While Tesla Motors is currently focussed on selling its electric drive Roadster and developing the Model S luxury sedan, it is also looking ahead to successor higher volume models and helping the electric vehicle segment develop further via the licensing of its technology.
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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
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