Lear Corporation has entered into a definitive agreement to acquire Israel-based EXO Technologies, a developer of GPS technology for autonomous and connected vehicle applications. It has operations in San Mateo, California and Tel Aviv, Israel.
BYD is investing in Morocco and has announced an MoU for the supply of a 'range of renewable energy solutions to the country leading by the company's innovative straddle monorail system, the SkyRail; and to explore the possibility of localised production'.
BYD is investing in Morocco and has announced an MoU for the supply of a 'range of renewable energy solutions to the country leading by the company's innovative straddle monorail system, the SkyRail; and to explore the possibility of localised production'.
Hyundai Motor's labour union is planning to stage more strikes over five consecutive days this week starting today (Monday, December 11), according to the Korea Herald.
Might the initial results of a strategy which has been smart USA dropping its petrol-powered fortwo range hold a warning for others? In November, the brand was not only outsold by Lamborghini, but Rolls-Royce was the only make which delivered fewer cars.
Ford has modified its 'scrappage scheme' as it extends it into the first quarter of 2018. After an outcry over the fate of a Standard car traded in earlier (it was saved after classic car fans' pleas all the way to the top at Ford UK), the automaker said, from 2018, vehicles which are classified as 'historic vehicles' by the DVLA would not automatically be scrapped.
Vietnam's new vehicle market continued to fall sharply in November, by 17.7% to 21,622 units from 26,284 units in the same month of last year, according to member data released by the Vietnam Automotive Manufacturers Association (VAMA).
SAIC Motor has opened its second vehicle assembly plant in Thailand with a ceremony attended by the country's deputy prime minister Somkid Jatusripitak.
Robert Bosch has opened a new THB3.2bn (US$98.5m) automotive components manufacturing facility in Thailand's Rayong province.
Valeo has confirmed its investment of CNY375m (US$59m) in Cathay CarTech Fund - Cathay Capital's first RMB fund - to take a stake in China's automotive and mobility ecosystem.
Meritor has unveiled an undisclosed investment in TransPower, an electrification technology company for large commercial vehicles.
Faurecia is investing in US start-up, Alsentis, reinforcing its technology in Smart Surfaces.
News
11 Dec, 2017
Second MINI SUV to join range, sitting below the Countryman, as Brit brand embraces electric future
Heeding a call to action from President Akio Toyoda, Toyota marketers are leveraging an eight-year Olympic sponsorship deal and its first global campaign to lay out its vision of mobility for the world.
General Motors has reaped financial benefits and learnings from its $500 million investment in the ride-hailing company Lyft; however, the long-term parameters of the relationship between the two remain uncertain.
Automakers have worked off a yearlong surplus of inventory and enter the busy December selling season with stocks slightly below normal for this time of year.
In this special section, Automotive News sheds light on a few of the countless people and companies that helped shape the modern dealership FandI office.
Over-the-air updates are seen as a key part of connected and autonomous vehicles, as they allow companies to refine their systems over time and provide real-time updates when needed.
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. 