News
19 Feb, 2016
Lexus cars will get “more dynamic and emotional”. New Multi-Stage hybrid tech on the LC500h is “just the beginning”.
Daimler said a U.S. class action lawsuit alleging that its clean diesel cars use a device that turns off pollution controls is unfounded.
Renault's Alpine sports-car brand will be led by former Aston Martin and Tesla executive Michael van der Sande.
Car-shopping website TrueCar Inc. reported a 15 percent rise in fourth-quarter revenue but a sharply wider net loss of $27.
General Motors said it will issue new debt to help shore up its pension plan for U.S. hourly workers.
German state prosecutors are seeking prison terms for former Porsche CEO Wendelin Wiedeking and ex-finance chief Holger Haerter, who are accused of having manipulated Volkswagen shares during a failed takeover of VW in 2008.
News
19 Feb, 2016
Teak detailing, 50s-style fins and a beautiful seaside setting - not a superyacht, but Capri's newest taxi - the Castagna Tiberio
Volkswagen said its European diesel-car recall is on track, with the first 4,300 of some 2.4 million affected vehicles in Germany fixed in the past three weeks.
Geely's Volvo Cars expects record sales in 2016 for the third consecutive year, president and chief executive Håkan Samuelsson said. He also forecast operating profits would improve in 2016, due to growth in the three main sales regions of China, Europe and the US.
Dana Holding announced a net loss of $82m for the fourth quarter of 2015 versus a profit of $109m in 2014.
Dana Holding announced a net loss of $82m for the fourth quarter of 2015 versus a profit of $109m in 2014.
GM's Spring Hill, Tenn., plant will produce V-8 engines for the first time after the automaker invests $148 million in the facility, the company said today.
Toyota is recalling about 2.87m RAV4 sport utility vehicles worldwide after rear seat belts separated in one fatal accident in Canada and during a crash that injured a passenger in the US.
News
18 Feb, 2016
Hundreds of UK motorists are being asked to contact their dealer after news of counterfeit airbags sold on the internet emerged
KAR Auction Services, the parent company of ADESA, said it plans to acquire eight auto auctions that are part of the ServNet Auction Group.
Fujikura Automotive America said it moved its North American headquarters to the Detroit suburb of Farmington Hills, Mich.
Honda has tweaked its hybrid system for large vehicles to deliver better power and fuel economy. The improvements debuted in a hybrid Odyssey minivan and build on the two-motor system currently deployed in the Accord Hybrid.
Daimler CEO Dieter Zetsche's pay jumped 16 percent to $10.75 million last year as the company reported a 36 percent rise in operating profit.