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Africa will replace China as global center of low-cost manufacturing, no thanks to a changing demographic in the Asian country, according to Sheryl Connelly, global consumer trends and futuring manager...
by - August 12, 2013
Auto loan rates may climb in the near future as General Motors Financial Co. revealed that it is paying more to borrow in the asset-backed debt market. GM Financial, which...
by - August 12, 2013
Tesla Motors Inc. co-founder and chief executive Elon Musk received $4.3 million in stock-based pay in the second quarter of 2013 for his work on the Model X sports. Musk’...
by - August 12, 2013
MG disclosed that its much awaited MG3 supermini will have starting tag of £8,399 and a finish price of £9,999. Its affordability is the not the only good thing about...
by - August 12, 2013
Passenger-vehicle sales in China jumped 11 percent in July 2013, boosted by increased output and larger discounts from dealerships that are clearing their inventory. According to the China Association of...
by - August 12, 2013
There is now an ongoing battle between carmakers in the electric vehicle segment – a price war! One by one, carmakers are offering discounts on the prices of their offerings,...
by - August 12, 2013
DR Motors has unveiled its latest offering, the DR CityCross. The DR CityCross measures 386cm in length, 162cm in width and 158cm in height, and offers a generous interior space....
by - August 12, 2013
Honda will spend $215 million in investments in its operations in Ohio, the carmaker has announced. The fresh investments will further bring Honda’s total investment in its operations in North...
by - August 12, 2013
General Motors has started trimming its operations in South Korea as increasing labor costs as well as militant unionism prompted the carmaker to reassess its presence in a country that...
by - August 12, 2013
Ford of Europe’s former styling boss who helped shape the carmaker’s aerodynamic design movement in the early 1980s has died. Hamburg native, Uwe Bahnsen, died on July 30, 2013, at...
by - August 12, 2013
Sources confirmed the fact that Hyundai is finally developing an answer to the German compact sports sedans, such as the Bmw 3-Series, Mercedes-Benz C-Class or the Audi A4. Set to...
by - August 12, 2013
The redesigned 2014 Toyota Tundra pickup truck will have a starting price of $25,920 when it becomes available to the buying public this month. The redesigned Tundra is offered in...
by - August 11, 2013
Big data -- referring to a massive collection of data that has become difficult to process through traditional database tools and applications – has invaded the world of automotive. Andreas...
by - August 10, 2013
Carmakers in the United States have announced plans to invest a total of $434 million to increase their capacity to produce vehicles and engines, in response to growing sales in...
by - August 10, 2013
A lawyer told jurors in the first sudden-acceleration case trial involving Toyota Motor Corp. that the carmaker had knowledge of the danger of stuck pedals and failed to install a...
by - August 10, 2013
Chrysler Group is conducting a pilot of a collaborative, no-bid purchasing system that guarantees favored suppliers a profit. Suppliers, however, have to open their books to the carmaker. At the...
by - August 9, 2013
The Honda Civic remains the only small car to receive top rating on the "small overlap" crash test conducted by the Insurance Institute for Highway Safety. Earlier this year, the...
by - August 9, 2013
Audi posted a 10-percent jump in global sales in July 2013 to 131,300 units, thanks to strong gains in China and growing demand for its sports utility vehicles. The German...
by - August 9, 2013
Nissan is drafting plans to start producing more Leaf units as dealers report increasing demand for the once-unpopular electric car. Bill Krueger, Nissan Americas vice chairman and senior vice president...
by - August 9, 2013
The first jury trial stemming from a lawsuit claiming that Toyota Motor Corp. is responsible for unintended acceleration in a woman's 2006 Camry that lead to her death in now...
by - August 9, 2013
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