Ford along with its Chinese partner Chongqing Changan Automobile is planning to invest $1.08bn to buy a plant owned by Chinese automaker Harbin Hafei Automobile. Changan Ford Automobile, a joint venture between Ford and its Chinese ...
The US Department of Energy has given conditional commitment loan worth $259m to Alcoa to manufacture high strength aluminum for light weight vehicles. The loan will support the aluminum makers Tennessee manufacturing facility, where the ...
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US based tire maker Goodyear has set up its first development center at its manufacturing facility in Pulandian, China. With the new development center, the company aims to increase the speed and efficiency of high-value-added tire ...
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BorgWarner has announced that the company’s turbocharging technology is being used by Volvo to power its new range of four-cylinder gasoline engines. BorgWarner highlighted that its turbochargers feature integrated sheet-metal ...
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General Motors is reportedly planning to build its next-generation Chevrolet Cruze at Coahuila plant in Mexico. The company is also planning to invest $350m for the production of the next generation small car, reported Reuters. ...
Tags: Motors, Chevrolet, Auto Parts
Following the release of vehicles from Mazda that feature adaptive LED headlight (ALH) technology, more vehicle vendors are looking to incorporate the technology into upcoming automobiles in 2015, according to Digitimes Research. LED ...
Tags: Automakers, Upcoming Cars, LED Headlights
The automobile industry has officially become the latest battleground for China's three Internet giants after Tencent Holdings Ltd announced a foray into smart cars. The owner of China's most widely used instant messaging app WeChat has ...
Tags: Auto Market, Automobile Industry
Tesla is planning to upgrade its Model S sedan with advanced features, which includes automatic steering feature along with Range Assurance and Trip Planner applications. Tesla has been offering over-the-air software updates, which ...
Tags: Tesla, vehicle, Auto Parts
Automotive supplier Magna International has commenced construction on a new automotive exteriors manufacturing facility in Queretaro, Mexico. The company is investing $135m on the 285,000 ft2 plant, which will manufacture molded and ...
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Ford has announced the expansion of its connected services through cloud-based ‘Ford Service Delivery Network’ powered by Microsoft Azure.Ford Service Delivery Network is designed to keep next generation vehicles up-to-date ...
Tags: Ford, Microsoft Azure, Tesla, wireless connection
Chinese automaker BYD Co, backed by Warren Buffett's Berkshire Hathaway Inc, aims to triple its production of batteries as it takes on Tesla Motors in the race to supply electric vehicles and boost energy storage. Shenzhen-based BYD plans ...
Tags: Chinese automaker, BYD, Tesla, Battery Factory
China's auto industry saw total sales drop by 0.22 percent to 1.59 million units in February, the first year-on-year drop in two years, data from an industry association showed Tuesday. Sales of passenger cars increased 6.42 percent ...
Tags: auto industry, passenger cars
China's auto sales accelerated in the first two months of this year, led by demand for sport utility vehicles and minivans. Retail deliveries of passenger vehicles increased by 16 percent to 3.49 million units in January and February, the ...
Tags: Auto Sales, SUV, Minivans
The future looks bright for electric cars in China amid rapidly fluctuating gasoline prices and huge investments by the government to promote use of clean energy, industry sources said on Monday. However, inadequate battery technologies ...
Tags: Electric Cars, Battery Production
Chinese new energy vehicle maker BYD is planning to sell its electric vehicles to the South Korea market before the end of 2015, according to a senior company executive. BYD, a rising Chinese electric vehicle manufacturer, has brought its ...
Tags: Chinese Automaker, BYD, Electric Cars