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Ford, Chinese Automaker Anhui Zotye to Form EV Joint Venture

Aug 28, 2017

American auto-giant Ford and Chinese automaker Anhui Zotye Automobile have signed a memorandum of understanding (MOU) to form a 50: 50 joint venture to develop, produce and market all-electric vehicles (EVs). Electric vehicles produced ...

Tags: Automobile, electrified vehicles

GM to Sell Vauxhall, Opel Brands to PSA Group in Eur2.2bn Deal

Mar 14, 2017

US auto giant General Motors has agreed to sell its European operations to French automaker PSA Group for €2.2bn. PSA will buy Opel/Vauxhall automotive operations for €1.3bn, while GM Financial’s European operations will ...

Tags: General Motors, PSA Group, automotive

Electric Car Market Yet to Mature

Dec 14, 2016

Govt incentives remain the primary driver of the industry, rather than organic demand or products' competitiveness Electric cars are widely believed to be the future of the automotive industry, but experts say even in the world's largest ...

Tags: Electric Car, SAIC Motor

Toyota to Open Its Third Research Center on AI, Robotics

Apr 12, 2016

Global auto giant Toyota is set to open a new research facility in Ann Arbor, near the University of Michigan (U-M) campus, taking the number of its research centers to three in the US. The company will fund research in artificial ...

Tags: Toyota, auto giant

Mercedes-Benz to Build GLC Coupe Model at Its Breman Plant in Germany

Apr 5, 2016

Mercedes-Benz announced that its Breman plant in Germany will be producing the new GLC Coupe which was unveiled at the New York International Auto Show this year. The company said that it will transform 200 temporary jobs into ...

Tags: Mercedes-Benz, GLC Coupe, C-Class Cabriolet

Report: Uber In The Market For Fleet Of Self-Driving Cars

Mar 21, 2016

Uber has apparently been on an epic shopping spree in Germany, with self-driving cars and high-end Mercedes-Benz vehicles at the top of the list. A report from Reuters have revealed the ride-sharing firm was seeking to place a large order ...

Tags: Uber, Self-driving cars, High-end Mercedes-Benz vehicles

AkzoNobel and Chinese Auto Giant Pioneer Powder Auto Body Coatings

Dec 15, 2015

AkzoNobel and leading Chinese auto maker JAC Motors have pioneered the first use of VOC-free powder technology for automotive body coatings. As sustainability continues to gain increasing importance in China, AkzoNobel's Interpon powder ...

Tags: AkzoNobel, JAC Motors, automotive body coatings

Jaguar Commences Project to Support Infotainment Technology Innovation in US

Apr 8, 2015

British automaker Jaguar Land Rover has launched an 'Innovation Incubator' project in Portland, Oregon to support US based technology start-ups in the development of future infotainment technologies. The automaker is planning to ...

Tags: automaker, Jaguar Land Rover, Auto Parts

Listed Companies in Japan Saw Average Pretax Profits Rise 2% on The Year in The April-June

Aug 21, 2014

Listed companies in Japan saw average pretax profits rise 2% on the year in the April-June quarter, despite April’s consumption tax hike. Automakers and consumer electronics companies were among the top performers in a Nikkei pretax ...

Tags: Automakers, Electronics

FIAT Will Purchase Remaining 41.4% Stake in Chrysler Group for $3.65bn.

Jan 3, 2014

Italian car maker Fiat is set to purchase remaining 41.4% stake in American automaker Chrysler Group in an agreement with the US auto workers' pension fund VEBA Trust for $3.65bn. The move forms part of the company's plan to merge both ...

Tags: FIAT, Chrysler Group

Mercedes-Benz S-Class Filled with So Much Technology It Can Be Overwhelming

Dec 2, 2013

The launch of a new-generation Mercedes-Benz S-Class has always been regarded as an insight into the future of the automotive world – and a sneak peek into what will eventually become standard equipment on everyday cars of nearly all ...

Tags: Mercedes-Benz, S-Class

Volkswagen Group Will Invest 84.2 Billion Euros Auto in Division Over The Next Five Years

Nov 28, 2013

The Volkswagen Group will invest 84.2 billion euros ($125 billion) in its automotive division over the next five years as the German auto giant seeks to "power [its] way to the top". Volkswagen Group chairman Martin Winterkorn said more ...

Tags: Volkswagen, Auto Division, invest

Tata Motors Has Cooperated with DRB-HICOM to Expand Footprint in Malaysia

Sep 11, 2013

Indian automaker Tata Motors has formed a partnership with Malaysian automotive conglomerate DRB-HICOM Berhad for the import, distribution and assembly of its commercial vehicles in Malaysia. As part of this deal, Tata has entered into a ...

Tags: Tata Motors

BMW Appears Set to Launch a New Chinese Sub-Brand, According to Several Reports

Apr 17, 2013

BMW appears set to launch a new Chinese sub-brand, according to several reports. Following the partnership between BMW and Chinese car maker Brilliance that formed in 2003, the German manufacturer looks likely to launch a new ...

Tags: BMW, Zinoro Sub-Brand

British Carmaker Jaguar Plans to Boost Its Presence and Visibility in Bahrain

Jan 6, 2013

British carmaker Jaguar plans to boost its presence and visibility in Bahrain in the next few years through a major campaign that will not only promote the brand as an affordable luxury car but also its heritage. Mr Stephen Harris ...

Tags: Jaguar, campaign, luxury car, car industry

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