State-run Beijing Automotive Industry Holdings - joint venture partner in Mercedes-Benz and Hyundai car assembly units in China - will take a minority stake in Koenigsegg as part of the Swedish luxury carmaker's purchase of Saab.
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Former BMW and Ford Premier Automotive Group executive Wolfgang Reitzle, who chairs the executive board at industrial gas supplier Linde, is to also chair partsmaker Continental's supervisory board, once approved.
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China's Geely Automotive said on Wednesday its parent company wants to bid for Ford's Volvo Car.
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The McLaren MP4-12C is revealed as the first in a range of high-performance sports cars from McLaren Automotive, the independent car division based at the McLaren Technology Centre in Woking, England. The 12C, and future models within the range, will challenge the world's best sports cars, benefiting from the expertise and virtuosity of the McLaren Group.
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Luxury sportscar maker Koenigsegg Automotive has presented the Swedish government with a new plan for financing its purchase of Saab Automobile from General Motors, backed by an unnamed Chinese investor.
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Bosch expects to see growth of 20% cent this year in its automotive after-sales business in India, despite cheap Chinese imitations affecting its revenue by almost one-third.
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The South Korean government says it will maintain tax incentives for the automotive market despite disappointing changes in carmakers' labour-management relations, according to the ministry of strategy and finance.
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A case in point: The Taurus' predecessor, the Ford Five Hundred, was judged by automotive critics as a solid, capable vehicle. Its shortcoming was a lack of head-snapping curb appeal.
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Hybrid-powered vehicles are most commonly associated with owners seeking to reduce their automotive-related impact on Mother Earth while saving a few bucks at the pump; all laudable attributes. Lexus is now extending those virtues to the executive-class purchaser in the form of their technologically extraordinary LS 600h L.
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Automotive markets all around the world are getting a lift from government subsidies to car purchase and they come obligingly dressed up in a light green cloak. New for old. There's not necessarily anything wrong with that. If car markets are stimulated and the car parc gets a little less dirty in the process, it looks like most people are happy.
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Methode Electronics has sued Delphi Automotive Systems after it terminated a three-year supply agreement.
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The August market may have provided a bright spot in a dismal year for US vehicle sales, but whether this is the start of a positive trend or merely a temporary spike followed by a downturn, remains to be seen, according to the Society of Automotive Analysts (SAA).
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Hyundai Mobis, South Korea's largest automotive parts maker affiliated with Hyundai-Kia, has announced a US$2bn contract to supply Chrysler with front and rear chassis modules for its Dodge Durango and Jeep Cherokee models from 2010.
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The 2010 Honda Fit, a perennial favorite of the automotive press and customers alike, offers value and versatility in a fun-to-drive and fuel-efficient five-door package.
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Germany's EUR5bn (US$7.1bn) fund to help consumers scrap old cars and buy new ones could run dry by 10 September, according to estimates from the Centre for Automotive Research at the University of Duisburg-Essen.
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Fans of the American TV series "Dukes of Hazzard" now have a chance to buy their own Charger "General Lee". On September 26, the mythical muscle car shown on these photos will auction by RM Auctions at a one-day event, billed as Icons of Speed & Style, at the Peterson Automotive Museum in Los Angeles, California.
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The Thai government is coming under increasing pressure to introduce a comprehensive framework of green automotive policies to take into account the rapidly growing global demand for electric and hybrid vehicle technology.
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A shake out in the automotive supplier industry caused by the economic crisis will lead to good news for some businesses, according to a leading management consulting firm which said European and Chinese companies dominate a list of more than 350 automotive suppliers likely to emerge as winners in the global consolidation of the sector.
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