Hyundai Motor Co. will invest 130 million euros ($183.4 million) in its Czech unit over the next two years, a spokesman said on Friday. The money will be used to boost transmission production more than 66 percent at Hynundai's plant in Nosovice.
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GKN Driveline says that its 'breakthrough' countertrack constant velocity joint (CVJ) technology is exciting the interest of vehicle manufacturers in Europe, North America and Asia because of its fuel saving potential.
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The Society of Motor Manufacturers and Traders (SMMT) has backed the findings of a Business and Enterprise Select Committee inquiry that expresses 'serious concern' about the effectiveness of the UK government's 'Automotive Assistance Programme' (AAP).
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Updated teaser shows more detail on Bugatti four-seater

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Renault said its vehicle sales fell 16.5 percent in the first half, matching the rate of decline in the overall market, though its business managed to generate cash. Its passenger-car sales fell 13.
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Renault said its vehicle sales fell 16.5 percent in the first half, matching the rate of decline in the overall market, though its business managed to generate cash. Its passenger-car sales fell 13.
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Renault said its vehicle sales fell 16.5 percent in the first half, matching the rate of decline in the overall market, though its business managed to generate cash. Its sales of passenger car sales fell 13.
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Belgian financial investor RHJ International offered $387.6 million for a 50.1 percent stake in General Motors' Opel business in a last-ditch effort to beat rival suitors led by Magna International.
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Belgian financial investor RHJ International offered 275 million euros ($387.6 million) for a 50.1 percent stake in General Motors' Opel business in a last-ditch effort to beat rival suitors.
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Belgian financial investor RHJ International offered 275 million euros ($387.6 million) for a 50.1 percent stake in General Motors' Opel business in a last-ditch effort to beat out rival suitors.
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2012 SLK spied testing at the Nurburgring

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Audi's V10 Roadster caught filming for Iron Man 2

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Toyota will begin production of its first European-built full hybrid car in England in mid-2010, the British government said.
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The U.S. House of Representatives on Thursday approved a measure that tries to help automobile dealerships hit by the bankruptcies of Chrysler and General Motors.
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Toyota will begin production of its first European-built full hybrid car in England in mid-2010, the British government said.
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This weekend, Canadian race car driver Jacques Villeneuve is down in Sao Paolo, Brazil to contest a round of the Top Race series, a South American stock-car series.
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Charlottetown, Final preparations are underway for the inaugural PEI International Motoring Festival.
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Ontario's first highway roundabout intersection was opened today at Highway 33 and County Road 1 west of Picton.
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EcoBoost: Ford's new technology enabling the output of a V8 engine while returning the economy of a fuel efficient V6, and how sweet is that! Increasing power, performance and efficiency without increasing displacement is the strategy underpinning Ford's EcoBoost technology.
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The Campagna V13R is a curious-looking beetle. Actually, it looks like a spider with those twin sets of eyes. Others will compare it to a bulldog, although the analogy has already been claimed by Nissan for the 2009 cube!
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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