French car maker PSA Peugeot-Citroen is in talks to divest stake to Chinese partner Dongfeng and the French state, in order to raise as much as EUR3bn in a capital increase. The company plans to conclude a draft agreement with state-owned ...
Tags: Peugeot-Citroen, PSA
Sichuan FAW Toyota Motor (SFTM) is set to start the production of 2.7l Land Cruiser Prado SUV at its Chengdu plant in southwest China from March 2015. SFTM, which is a vehicle production joint venture between Toyota Motor and the China ...
Tags: Toyota, Cruiser Prado
Italian sports car manufacturer Lamborghini has introduced its new open-top version, called Lamborghini Veneno Roadster, at the 2013 Geneva motor show in Switzerland. The company will produce only nine units of this model, which is based ...
Tags: Lamborghini, Veneno Roadster
Toyota Motor Sales USA has issued a voluntary safety recall of approximately 803,000 vehicles over a problem with the air conditioning condenser unit housing. Models under this recall include model year 2012-2013 Camry, Camry Hybrid, ...
Tags: Toyota Motor, Vehicles
ARPA-E deputy director Cheryl Martin has announced $27m in funding from the US Department of Energy's (DOE) Advanced Research Projects Agency-Energy (ARPA-E) for 14 projects aimed at developing next-generation power conversion devices that ...
Tags: Electrical, Electronics
Nissan’s luxury vehicle division, Infiniti, is considering a new high-performance four-door coupe flagship in the mould of the Porsche Panamera. Andy Palmer, Nissan’s executive vice president responsible for future products, ...
Tags: Infiniti, Four-Door Coupe
Detroit motoring venture VL Automotive is moving ahead with plans to transform Fisker Karmas from using hybrid powertrains to full-strength ZR1 Corvette power. The company, which is backed by former General Motors’ vice chairman Bob ...
Tags: VL Automotive, Corvette-Powered
Honda has fired up its new Formula One engine for the first time as it prepares to return to motor sport’s premier category with McLaren in 2015. The Japanese company has released a short audio clip of the new 1.6-litre direct ...
In the first three quarters of 2013, the CPC Central Committee and the State Council committed to the general tone of making progress while ensuring the stability, stabilized the macro-economic policies, made innovation on the ...
Tags: economy
IFAT is adding another special display to its program on the subject of recycling motor vehicles. The display is being organized by a new partner of IFAT, the steel recycling association BDSV (Bundesvereinigung Deutscher Stahlrecycling- und ...
Corr-Paint CP2010, a new aluminum rich, high performance coating developed by Aremco Products, Inc., is now used to provide high temperature corrosion resistance on copper and steel components and structures exposed to oxidation and ...
Following Greg Barker's (Minister of State, Department of Energy & Climate Change) announcement of the UK's solar energy roadmap at Solar Energy UK this week, the Minister visited Bentley Motor's factory in Crewe to tour their impressive ...
Tags: Metallurgy, Mineral, Energy
Volvo has developed a method of storing energy in car body panels that could make conventional hybrid and electric vehicle batteries a thing of the past. The three-and-a-half year project –funded by the European Union and comprising ...
FTR's Shippers Conditions Index (SCI) was still sitting in negative territory in August, but shipping rates, for the time being, are still being held in check. The Index has been dropping slowly all summer, FTR said, "reflecting the ...
Tags: Transportation, Auto Parts, truck
The Hyundai Genesis sedan that could rival the likes of the 5 Series and E-Class in Australia has been caught undisguised by a South Korean motoring site. Hyundai’s large car will be built in right-hand drive for the first time for ...
Tags: Hyundai, Genesis sedan