American automaker General Motors (GM) has issued a voluntary recall on 1,340,447 vehicles in the US due to problem with the electric power steering (EPS) assist. Vehicles affected under this recall include certain model year 2004-2006 ...
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Japanese automaker Toyota Motor is recalling 119,140 Avalon vehicles of certain model year 2003-2004 in the US, due to a problem with the supplemental restraint system (SRS) circuits. The SRS circuits in these vehicles are prone to ...
Tags: Toyota, Avalon Vehicles, Recall
Japanese carmaker Honda Motor in collaboration with Toyota Motor is planning to introduce fuel-cell vehicles in 2015. Both the carmakers expect to produce 1,000 vehicles per annum. Currently, Honda is developing a five-passenger sedan, ...
Tags: Honda, Toyota, Fuel-Cell Vehicles
South Korean automaker Hyundai Motor is set to establish its fourth plant in Chongqing, China, with an investment of $926.48m. This move is aimed at increasing the company's global market share in the automotive industry. The ...
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German automaker Mercedes Benz plans to use three-cylinder engines for future hybrid versions of compact front-wheel-drive vehicles. The company is relying on these engines because of their small size, which will be needed for ...
Tags: Hybrid Vehicles, Mercedes-Benz
British luxury car maker Jaguar Land Rover (JLR) has started installing a new servo stamping line at its Halewood operations in England, with an investment of GBP45m. The new stamping line, which is 3m tall and more than 85m long, has a ...
Tags: Stamping Line, luxury car, Jaguar, Land Rover
Italian automaker Gruppo Bertone may have entered into bankruptcy after it stopped trading due to legal claims that were lodged by suppliers, media reported. It has been reported that the company has removed 165 workers and 11 interns in ...
Tags: Bertone, automaker, bankruptcy
British luxury carmaker Jaguar is set to commence the production of an all-new mid-size sports sedan, the Jaguar XE. Jaguar XE will include the new advanced aluminum architecture that the company unveiled in the C-X17 concept car in 2013. ...
Japanese automaker Nissan Motor is set to invest more than EUR2bn to boost its production in Europe in 2014. The electric carmaker also plans to launch 14 new models in the continent this year. Nissan will boost production in Spain ...
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Electric carmaker Tesla Motors is set to raise $1.6bn through convertible senior notes in a registered public offering for business expansion. The American carmaker will use the amount to expand its business; develop and manufacture ...
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Japanese carmaker Mazda Motor, along with Sumitomo, has inaugurated a joint venture production plant, Mazda de Mexico Vehicle Operation (MMVO), in Mexico. MMVO is a joint venture established by Mazda and Sumitomo to improve operations of ...
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American automaker Chrysler Group has issued a voluntary recall on 5,664 Ram ProMaster vehicles of certain model year 2014 in the US over brake hose damage. The affected vehicles were manufactured from 1 July 2013, through 15 November ...
Tags: Chrysler, Promaster Vehicles
Japanese automaker Honda Motor is set to stop the production of its hybrid vehicle, Honda Insight, due to declining sales. Earlier in November 2013, the carmaker announced that it will discontinue the production of Insight in February ...
Tags: Honda Motor, automaker, hybrid vehicle
Panasonic, along with some Japanese materials suppliers, is reportedly planning to invest around JPY100bn ($977m) in a lithium-ion car battery manufacturing plant to be established by electric carmaker Tesla Motors in the US. ...
On a typical evening in the suburbs of Ho Chi Minh City, the neon-lit Aeon Mall Tan Phu Celadon bustles with shoppers arriving on motorcycles and in taxis. Crowds fill every corner of the new mall, with a takeout sushi store in particular ...
Tags: Consumer Market, Electronics