German automaker Audi is set to invest EUR22bn to develop new models, innovations and for the expansion of the worldwide production network between 2014 and 2018. Almost 70% of the investment is intended for new models and technologies. ...
Tags: Audi, Vehicle Development
Fisker Automotive has officially filed for bankruptcy on the back of the Californian car maker’s sale to investment group Hybrid Technology. After several attempts to rescue the company, Fisker filed for Chapter 11 bankruptcy on ...
Tags: Fisker, automotive, file, bankruptcy
Opel Monza concept car. (LEDinside/Opel) Efficiency and connectivity are two main focal points that will define development of the next generation of automobiles. The celebrated Opel Monza Concept, which premiered at this year’s ...
Tags: Opel Monza, Concept Car, 3D LED Panel
The Nissan BladeGlider concept has been revealed ahead of its official unveiling at next week’s Tokyo motor show, previewing a future rear-wheel-drive electric performance car. More than a concept, Nissan says its BladeGlider is ...
Tags: Nissan BladeGlider, EV
China Commercial Vehicles Show 2013 is grandly opened at Wuhan International Expo Center from Oct. 30 to Nov.2, 2013. The show is got improved in terms of exhibited products and technical level compared to last one and is actively ...
Tags: Commercial Vehicle, Transportation, auto
Director of Data and Resource Center of China Automotive Technology and Research Center (CATARC) Zhu Xianglei recently says at the China Special Vehicle Development Forum (Suizhou) 2013 on October 19 that China's truck industry gets gradual ...
Tags: Truck, Transportation, auto
The US Department of Energy (DOE) has contracted VIA Motors, an American electric vehicle development company, to develop and deliver electric pick-up trucks and vans to more than 50 participating fleets. As a part of the $20m deal, ...
Tags: Via Motors, Pick-up Trucks
South Korea-based automaker Hyundai Motor has opened its new vehicle testing facility, European Test Centre, at Nürburgring in Germany. The company has invested AUD9m ($8.4m) for the construction of the newpurpose-built vehicle ...
Tags: automaker, Hyundai Motor
Mercedes-Benz AMG has questioned the viability of its third-party V8 Supercars team following a dour and controversial season. Erebus Motorsport, run by Westfield-founder heiress Betty Klimenko, a major customer of AMG, was approved the ...
Tags: Mercedes-Benz, V8 Supercars
Cadillac, a luxury automobile and SUV division of US automaker General Motors (GM), has introduced the new four-seat Elmiraj Concept coupe at the 2013 Pebble Beach Concours d’Elegance event in California. The new two-door concept ...
Tags: Cadillac, Elmiraj Concept Coupe
UK government has collaborated with the county's automotive industry to make GBP1m investments in an advanced propulsion centre (APC) over the next ten years. Both the government and automotive industry will invest GBP500m each in the APC ...
Tags: Vehicle Development, Auto Parts, UK
US carmaker General Motors (GM) has started construction of new manufacturing plant for its luxury automobile and SUV division, Cadillac, in Shanghai, China. Additionally, a new research and development (R&D) facility is being built by ...
Tags: General Motors, Cadillac Plant
The European Investment Bank (EIB) has granted Renault a 400 million euro ($544 million) loan to aid research and development of its next generation of affordable, environmentally friendly vehicles. Announced at the Renault Group’s ...
Tags: Renault, Fuel-Efficient Vehicle, Loan
The US Department of Transportation (USDOT's) National Highway Traffic Safety Administration (NHTSA) has revealed a new policy regarding the development of the automated vehicles in the region. The policy includes plans for research on ...
Seven-time Formula One World Champion Michael Schumacher has again signed up to the team at Mercedes-Benz, this time to help with vehicle development and as a brand ambassador. The new long-term deal renews the relationship between ...
Tags: Michael Schumacher, Mercedes-Benz