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News 7 Jun, 2017

Faclifted Jeep Cherokee is likely to appear early next year, possibly at the 2018 Detroit Motor Show

Renault-Nissan is recruiting a new second-in-command for the alliance, Reuters reported. The move is designed to prepare for Carlos Ghosn's succession.

Russian giant, AvtoVAZ  recently unveiled sales figures which appear to bear out the slightly more optimistic tone struck by the AEB after four years of unrelenting market falls. The market is undoubtedly beset by challenges almost unknown anywhere else as a combination of international economic sanctions and a reliance on commodities have a correlation on consumer behaviour, but a stabilising ruble and exchange rate may see business pick up.

AvtoVAZ says the Russian government is looking to additional measures to ensure the fledging recovery recently witnessed in the domestic market can be maintained.

Automotive News Europe honors the winners of the 2017 Rising Stars awards. The Rising Star for General Management is Maria Grazia Davino, who is managing director of Fiat Chrysler Automobiles's operations in Switzerland.

Opel hopes a wide selection of advanced safety equipment in its new Insignia will move the model upmarket and lure buyers from premium brands.

Two musicians sing and drive around town in the top-ranked new video to join our weekly viral video chart.

Buyers of Tesla's Model 3 will get to choose between just two colors and two wheel sizes under a configuration policy that will let the company quickly ramp up production of the mass-market electric vehicle, CEO Elon Musk told investors Tuesday.

Buyers of Tesla Inc's upcoming Model 3 car will only get two choices in configuration, a policy that will let the company quickly ramp up production of its mass-market vehicle, CEO Elon Musk told investors.

Carvana, in its first quarterly report as a publicly traded company, reported a sharply wider loss on costs related to its expansion even as revenue surged.

Derrick Hatami is leaving his job as U.S. sales chief at Hyundai Motor America, following a tough sales month for the Korean automaker.

Uber told employees that more than 20 people have been fired after a company investigation into sexual harassment claims, a person familiar with the matter told Bloomberg.

General Motors has announced that, based on the preliminary vote count at its  2017 Annual Meeting, shareholders rejected Greenlight's proposal to create a dual-class common stock structure. Shareholders also elected all eleven of GM's Board nominees.

Canadian software company OpenText said it is acquiring Covisint -- an information technology supplier with deep automotive roots -- in a transaction valued at $103 million.

Greenlight Capital's proposal to split GM's stock was overwhelmingly rejected by the automaker's shareholders. GM's board nominees also were elected by wide margins.

VW said close to 9,300 staff had agreed to an early retirement scheme, helping the automaker to bring down costs.

VW said close to 9,300 workers have agreed to an early retirement scheme, helping the automaker to bring down costs.

GMC is trying to make more of an emotional appeal to consumers by launching an ad campaign that focuses on its buyers' lives with their vehicles, using the tag line "Like a Pro."

Who wants to buy a used car from a vending machine? Investors will get some answers on Tuesday when Carvana releases its first earnings report since going public.