Tesla has confirmed that it has paid off its entire US$465m Department of Energy loan, with interest, nine years ahead of schedule. The government granted the loan in 2010 under th[...]
Navistar’s President and Chief Executive Officer, Troy Clarke, has presented an optimistic analysis of the company’s future at a meeting with media representatives, highlighting re[...]
Ford has confirmed plans to end vehicle and engine production in Australia by October 2016, following mounting losses, high production costs and an increasingly challenging market.[...]
The Indian car industry remains nervous over ongoing weak demand in 2013/14, says Radhe Shyam, but there is some hope of a recovery towards the latter part of the year[...]
According to a recent Automotive World report, Iveco’s consolidated subsidiaries should build 126,600 units this year, and from 2014, annual output should increase by 11%[...]
While Renault has issued an update on its latest domestic investment plans following long-awaited union concessions earlier this year, PSA is stepping up its cost-cutting efforts. [...]
In a further development of its work on Car-to-X communication, Audi has outlined details of an extension to its Audi connect services, which aim to advance services and applicatio[...]
Hyundai, Mercedes-Benz, Nissan and Toyota are among the automotive players supporting efforts to transform the hydrogen fuelling infrastructure across the US. The OEMs are teaming [...]
Germany’s Schaeffler Group, which recently announced the future termination of its investment agreement with Continental in May 2014, has reported a solid start to 2013 for its aut[...]
Bridgestone has won its latest patent infringement lawsuit in China, its second such victory in less than a year. The latest case involved local tyre company Qingdao Genco Industri[...]
As Tesla appears poised to repay its outstanding loan to the US Department of Energy (DoE), Fisker Automotive is continuing to struggle to attract decisive interest from would-be i[...]
Ford is once again shortening the traditional summer closure at many of its North American plants in response to strong demand. A total of 20 plants, including six assembly plants,[...]
The Renault-Nissan Alliance has confirmed that it is expanding its production capacity at the Renault Nissan Automotive India (RNAIPL) plant in Oragadam near Chennai in Tamil Nadu,[...]
Following the April 2010 deal between AvtoVAZ and the government of Venezuela, the Russian OEM has delivered the first batch of 450 Lada branded cars to Venezuela. The models to be[...]
Strike action at the Mercedes-Benz plant in East London, South Africa, was brought to a halt after just two days but the National Union of Metalworkers of South African (Numsa) is [...]
Just over a year after announcing a new functional organisational structure, commercial vehicle components and systems supplier Haldex has detailed a new SEK 250m (US$37.4m) restru[...]
Mitsubishi has announced that the production version of the G4 concept will be called the Attrage and launch in July – considerably earlier than the 2014 introduction predicted by [...]
Speaking at the company’s recent annual shareholders’ meeting, Geely Automobile executives have delivered an upbeat assessment of the company’s performance so far in 2013 and a pos[...]
The number of plug-in vehicles in operation in the US has passed the 100,000 mark. The landmark figure is based on sales of the latest generation of highway-capable plug-in vehicle[...]