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Business / Auto Global

BMW to invest $1b to expand US production by 50%

[2014-03-31 17:37]

BMW will expand production capacity in the United States by 50 percent and introduce another new offroad model, the German luxury carmaker said last Friday.

NHTSA says finds no 'defect trend' in Tesla Model S sedans

[2014-03-31 17:21]

US safety regulators said they closed an investigation into fires involving electric sports car maker Tesla Motors Inc's popular Model S sedans after finding no "defect trend".

Toyota to buy back shares worth up to $3.5b

[2014-03-28 10:41]

Toyota Motor Corp will buy back up to 1.89 percent of its shares worth up to 360 billion yen ($3.5 billion) in what would be the automaker's biggest buyback in more than a decade.

Dongfeng Peugeot inks deal officially, $4b injected

[2014-03-27 10:31]

PSA Peugeot Citroen and Dongfeng's tie-up brings the French carmaker much-needed cash and greater access to Asia

Ferrari appoints new board members

[2014-03-25 16:33]

Ferrari said Luca Cordero di Montezemolo has been reappointed as chairman and Amedeo Felisa as CEO.

GM CEO Barra to testify before US House committee

[2014-03-21 17:25]

Barra is scheduled to testify on April 1 to a US House of Representatives panel investigating the company's long-running problem.

BMW finance chief sees risks to Russian business

[2014-03-21 17:24]

BMW's finance chief said any worsening of the crisis between Ukraine and Russia would jeopardize the car maker's outlook

Toyota $1b settlement in US over unintended acceleration

[2014-03-20 11:17]

The US Justice Department has reached a $1 billion settlement with Toyota Motor Corp over the consumer complaints tied to unintended vehicle acceleration.

Toyota's $1.2b settlement may be model for GM

[2014-03-20 10:24]

The settlement between the Justice Department and Toyota includes an admission by the auto manufacturer that it misled American consumers.

Infiniti Q50 enters top league with powerful engine

[2014-03-18 16:25]

Infiniti has boosted excitement in the high-performance premium sports sedan segment at the Geneva Motor Show.

Antique Ferrari sports car used in Le Mans 24-hour race

[2014-03-13 16:29]

Antique Ferrari sports car used in Le Mans 24-hour race

Renault eyes bigger slice of Chinese market

[2014-03-06 15:03]

French car manufacturer plans to increase its sales in the country from 34,000 to 750,000 units within two years' time.

Geneva Motor show set to hit the road

[2014-03-05 10:02]

The 2014 Geneva International Motor Show is set to open its doors to the public from March 6-16, and reveal this year's Car of the Year prize winner.

Chrysler February's sales up, Ford, GM down

[2014-03-04 10:53]

US automakers reported mixed sales in February, with Chrysler Group LLC registering gains and General Motors Co (GM) and Ford Motor Co posting losses, local media reported.

Volvo: New engines efficient, powerful

[2014-03-03 07:45]

Volvo released a series of environmentally friendly engines on Feb 26, in response to growing concerns over air pollution nationwide.

Infiniti Eau Rouge ready to roar at Geneva Motor Show

[2014-03-01 17:54]

Infiniti set to released a new preview of the Q50 Eau Rouge concept – the sound of premium automotive performance.

Opel's ADAM Rocks to debut the world in Geneva

[2014-03-01 17:13]

Opel's ADAM Rocks is an urban mini crossover with open air feeling.

BMW 2-Series Active Tourer to debut the world in Geneva

[2014-03-01 16:49]

BMW's first front-wheel-drive model is finally here, in the form of the new 2-Series Active Tourer.

Tesla to raise $1.6b to build battery factory

[2014-02-28 10:37]

Tesla Motors said a new battery factory will help the automaker reach its goal of producing a lower-priced, mass-market electric car by 2017.

New Renault Twingo 3rd generation to debut Geneva Motor Show

[2014-02-27 13:26]

New Twingo oozes personnality. Its expressive gaze reinforced by its big head lights, which are topped by the direction indicators.

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