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BMW and Mercedes-Benz are cutting the number of their vehicle architecture to speed development as well as reduce costs. Herbert Diess, board member for r&d at BMW, disclosed that from...
by - March 13, 2014
Amtek Engineering Ltd. is intending to double sales to $2 billion in five to seven years via acquisitions. Amtek recently disclosed that it is acquiring precision-tool maker Interplex Industries Inc....
by - March 13, 2014
American Honda has named marketing chief Mike Accavitti to the newly created role of general manager of the Acura Division. He is currently responsible for marketing and product planning as...
by - March 13, 2014
The 21-year partnership between Ford and the UEFA Champions League is bound to end when the 2014 UEFA Champions League final is staged in Lisbon on May 24, 2014. Ford...
by - March 13, 2014
Three of the eight Corvettes that fell last month on a sinkhole at the National Corvette Museum in Bowling Green, Ky., have been lifted out by a crane from the...
by - March 12, 2014
Some markets observers are revising upwards their sales forecasts for auto sales in western Europe as the region log six straight months of year-on-year growth. "The outlook for 2014 is...
by - March 12, 2014
Ford of Europe will have a production capacity usage of 80 percent once it completes its current round of site closures, according to chief operating officer Barb Samardzich. She remarked...
by - March 12, 2014
The Porsche Design Group and Eterna AG Uhrenfabrik are terminating their license agreement for the development, production and sale of high-quality watches. To continue offering Porsche Design Timepieces, the luxury...
by - March 12, 2014
Audi AG is planning to launch 17 new or revamped models this and will push through with the production of an electric version of the R8 sports car as it...
by - March 12, 2014
Hyundai Motor Co. will roll out a battery-powered electric vehicle in 2016. The carmaker’s affiliate, Kia, recently disclosed that it will commence producing a battery-powered version of its Soul compact...
by - March 12, 2014
Volkswagen Group is nearing a decision on whether to build new SUVs for Skoda and Seat at a site in the Czech Republic or Spain, a Skoda union leader has...
by - March 12, 2014
A Chevrolet commercial uploaded on YouTube featuring a dying dog is creating waves. The 60-second emotional Equinox spot -- produced and uploaded Herd Films, features a dying Golden Retriever named...
by - March 12, 2014
Audi managed to outsell the BMW brand in the first two months of 2014. Audi delivered 242,400 vehicles in the January-February period, 383 more than the BMW brand, according to...
by - March 12, 2014
Anti-union workers at Volkswagen’s Chattanooga site can defend the results of a mid-February union election that resulted to a UAW lost, The National Labor Relations Board said. The ruling provides...
by - March 12, 2014
Tesla Motors may have to close its factory-owned stores in New Jersey by April 1, 2014 after the state’s Motor Vehicle Commission adopted new regulations on dealership licensing. The approval...
by - March 12, 2014
Sergio Marchionne received EUR3.6 million ($5 million) in cash in 2013, including a bonus and incentives, for his role as chief executive of Fiat S.p.A., according to the group’s compensation...
by - March 12, 2014
Honda has opened a hydrogen refueling station on its campus near Los Angeles aimed at standardizing a hydrogen fueling protocol. Honda opened the station to other carmakers to help validate...
by - March 11, 2014
Ford Motor Co. chief executive Alan Mulally has received $13.8 million in stock for the carmaker’s performance in 2013. Ford also gave its Mulally 613,747 stock options as part of...
by - March 11, 2014
Toyota Motor Corp. will be using Mazda’s Skyactiv engine for its new subcompact that is derived from the Mazda2. Toyota will be sourcing the Skyactiv engine from Mazda’s new Salamanca...
by - March 11, 2014
Fiat Chrysler Automobiles is expecting its new site in Pernambuco, Brazil to hike its profitability in the country by 2017, chief executive Sergio Marchionne said. "I'm absolutely convinced that by...
by - March 11, 2014
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