Industry
China State Fund Seeks Stake In Daimler: Report
Chinese sovereign-wealth fund China Investment Corp. is reportedly seeking a stake in German auto giant Daimler, the parent of the Mercedes-Benz and Smart brands. The information was first reported by China’s People’s Daily newspaper, which said the wealth fund was looking to purchase...
China To Overtake Europe In Automobile Production This Year
According to data compiled by five industry consulting groups, new car production in China will surpass new car production in Europe for the first time in 2013. As the... January 3, 2013 by Kurt Ernst
Rolls-Royce Celebrates 10 Years Of Its Latest Phantom
It was on January 1, 2003 that the first of the latest-generation Rolls-Royce Phantom sedans was delivered to its owner, marking the reign of the prestigious British... January 3, 2013 by Viknesh Vijayenthiran
Smart To Develop Next ForTwo Alone As Renault Pulls Out: Report
In 2010 industry giants Daimler and Renault-Nissan formed an alliance that was, among other things, to see the development of the next-generation Smart ForTwo and Renault... January 2, 2013 by Viknesh Vijayenthiran
Fisker's Insurer Denies Payment On Flood-Damaged Karmas
When Hurricane Sandy devastated the New York metro area last October, some 338 Fisker Karma sedans parked at Port Newark, New Jersey were destroyed by flooding or fire... January 2, 2013 by Kurt Ernst
Audi Going On $17 Billion Spending Spree As It Targets Rivals
Despite facing challenging economic circumstances, particularly in its home market of Europe, Audi has committed to investing 13 billion euros ($17.2 billion) through 2016 on... December 28, 2012 by Viknesh Vijayenthiran
Saab Parts Division Reaches Agreement With GM On Warranties
After emerging out of the ashes of bankrupt automaker Saab and its local distribution arm Saab Cars North America last June, Saab Automobile Parts North America (SPNA), the... December 27, 2012 by Viknesh Vijayenthiran
Toyota Takes $1.1 Billion Hit In Unintended Acceleration Settlement
Toyota waited until boxing day to announce it had reached a tentative settlement in an ongoing class-action lawsuit representing owners claiming they were negatively impacted... December 27, 2012 by Viknesh Vijayenthiran
SRT Boss Ralph Gilles Helps Build 2013 Viper
If you needed more proof that Ralph Gilles, head of Chrysler’s SRT division, is a car-guy’s car guy, the above picture should go a long way towards settling the... December 21, 2012 by Kurt Ernst
Baby Jeep To Be Built Alongside Fiat 500X At Italian Plant
Fiat-Chrysler CEO Sergio Marchionne has ended months of speculation by confirming this week that production of the upcoming 500X crossover, as well as a planned Jeep variant... December 21, 2012 by Viknesh Vijayenthiran
GM And Peugeot Revise Alliance Deal, Plan New Engines
In March of this year, General Motors and France’s PSA Peugeot Citroen Group, two companies faced with overcapacity issues in Europe, surprised the automotive world by... December 20, 2012 by Viknesh Vijayenthiran
Infiniti Will Build Etherea-Based Compact In UK
Infiniti’s new compact car based on its Etherea concept from 2011 will be built at Nissan’s Sunderland plant in the UK. The car, which will utilize a platform... December 19, 2012 by Viknesh Vijayenthiran
Mercedes-Benz Investigating Refrigerant That Caused 'Ball Of Fire'
As part of a routine test of a new refrigerant being used in the Mercedes-Benz B Class, engineers simulated a pinhole leak in a coolant line. When the refrigerant (now mixed... December 17, 2012 by Kurt Ernst
Charles Morgan On The Future Of The Morgan Motor Company: Video
An outsider, especially one not familiar with the automotive industry, could easily view the Morgan Motor Company as antiquated or even archaic. Its cars are still built by... December 17, 2012 by Kurt Ernst
More Details On Potential Deal Between Aston Martin And AMG
With Italy’s Investindustrial recently agreeing to purchase a 37.5 percent stake in Aston Martin, talk of a potential tie-up between the British automaker and... December 17, 2012 by Viknesh Vijayenthiran
Norbert Haug Steps Down After 22 Years As Mercedes Motorsport Chief
After more than 22 years as the head of motorsport at Mercedes-Benz, Norbert Haug’s contract will come to an end by mutual agreement with the automaker’s senior... December 14, 2012 by Viknesh Vijayenthiran
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