Apr
17th
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The move is a major policy shift that will open the market wider to automakers such as Nissan and Tesla.
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The latest auto news, reviews, prices, product and vehicle releases. Auto News 5
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Apr
17th
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China will end foreign ownership caps on local auto companies by 2022 and will remove restrictions on new-energy vehicle ventures this year, a major shift that will open the market wider to global automakers.
Apr
17th
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The Volkswagen Group says it recorded its best ever delivery result for a single month in March.
Apr
17th
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Volkswagen Group China announced deliveries for the first quarter of 2018: together with its two Chinese Joint Ventures, SAIC Volkswagen and FAW-Volkswagen, the Group delivered over 1.01m (2017: 891,500, +13.4%) vehicles in the Chinese mainland and Hong Kong, including 43,100 imported vehicles.
Apr
17th
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Ministers leading the renegotiation of the North American Free Trade Agreement (NAFTA) could meet again on Thursday in Washington as they push for quick progress, Mexican economy minister Ildefonso Guajardo told Reuters.
Apr
17th
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China will phase out the equity cap on automotive joint ventures by 2022, with the cap on manufacturers of new energy vehicles and special-use vehicles to be removed later this year, according to Beijing's National Development and Reform Commission (NDRC).
Apr
17th
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PSA Group will focus its slimmed-down Opel/Vauxhall dealership network across Europe on sales performance and customer satisfaction.
Apr
17th
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Carlos Ghosn said he is open to all options as Renault and Nissan explore deeper ties. The two automakers are in talks to merge, according to reports.
Apr
17th
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In the race to build cars with digitally connected services -- such as ordering coffee on the dashboard display -- Toyota and Nissan risk being held back by their home market.
Apr
17th
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In the race to build cars with digitally connected services -- such as ordering coffee on the dashboard display -- Toyota and Nissan risk being held back by their home market.
Apr
17th
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Korea Development Bank (KDB)'s chairman has told Reuters the bank may sign a preliminary agreement by 27 April to prop up ailing General Motors Korea provided interim due diligence on the unit is satisfactory.
Apr
17th
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Audi has joined forces with a French biotech company to solve the two big problems that have been holding back biofuels. The aim is to prove large-scale biofuel production is possible without major deforestation or the use of food or animal feeds.
Apr
17th
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PSA-owned Vauxhall plans to reduce its UK dealership numbers by around a third reflecting reduced sales through traditional dealers for the brand.
Apr
17th
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Toyota Motor said that from 2021 it plans to sell vehicles in the USA that communicate with each other to help improve road safety, if proposals put to the US Transportation Department are accepted.
Apr
17th
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SUVs have been consistently the fastest growing segment in the UK market for several years, according to the valuation company hpi.
Apr
17th
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Renault has shuffled the leadership of its Dacia and Lada subsidiaries, appointing Antoine Doucerain as managing director of Dacia, replacing Yves Caracatzanis, who becomes CEO of AvtoVAZ, which makes the Lada cars.
Apr
17th
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New SMMT Motorparc data shows the proportion of cars on UK roads with automatic transmission has now risen to 25%, there are over 1,500 different model ranges - up 25% since 2007 - and female car ownership is now at a record 11.8m in 2017.