Latest Automotive news

REFILE-Caterpillar Inc plans to cut 475 more jobs

REFILE-Caterpillar Inc plans to cut 475 more jobs

As revenue declined from global mining and construction activities, heavy machinery manufacturer  Caterpillar Inc. plans to cut down costs and is about to do that with a new round of layoffs. The Illinois-based company announced its workers this week that it would cut 475 jobs from the customer services support […]

US: Lincoln introduces the all-new 2016 MKX

US: Lincoln introduces the all-new 2016 MKX

The Ford luxury brand is hoping to restore its lost sales by turning to the SUV/crossover segment and has made numerous introductions here, the latest being the all-new generation MKX. The 2016 Lincoln MKX is on sale this summer and introduces the company’s new “Quiet Luxury” standard that seeks to […]

US: Hyundai introduces updated 2016 Accent

US: Hyundai introduces updated 2016 Accent

While not a regular among the top of the sales charts in the United States, Hyundai places value on its Accent subcompact car, which has just been updated for the 2016 model year. Already hitting dealerships in the refreshed form, the Accent is a great way to have an affordable […]

Honda introduces in Japan the updated 2016 CR-Z hybrid

Honda introduces in Japan the updated 2016 CR-Z hybrid

The third largest Japanese automaker has not had the expected success with the sporty CR-Z hybrid model, but still sells it at home on the local market and has recently unveiled its facelifted version. The refreshed model is going to be sold starting with October, sporting a redesigned front bumper, […]

Volkswagen to invest $340 million in South Africa

Volkswagen to invest $340 million in South Africa

As Volkswagen AG is looking to become world’s biggest automaker by 2018, the German company plans to invest $340 in the South African industry for new products and infrastructure. The car manufacturer stated that it will spend around $228 million on production facilities at the Uitenhage factory, situated near Port […]

Uber China closes $1 billion fundraising early

Uber China closes $1 billion fundraising early

Uber Technologies Inc’s China division closed it $1 billion fundraising round early, with investors hopeful for the riding service despite domestic competition, according to two persons with knowledge on the subject. On the list of investors in Uber’s Chinese unit there are: Hillhouse Capital, which is Asia’s biggest hedge fund, […]

Mercedes working on race start solution

Aug.28 (GMM/Inautonews.com) Mercedes is working on changes to its clutch system, following a series of bad race starts. At the last four races, and despite their otherwise dominant form, Lewis Hamilton or Nico Rosberg have often struggled to get off the line efficiently. Boss Toto Wolff has declared the technology […]

Toyota, Bell Helmets among Lotus creditors

Aug.28 (GMM/Inautonews.com) Charles Pic is not the only creditor at embattled Lotus, it has emerged. Prior to the black and gold cars being impounded by court bailiffs at Spa-Francorchamps, the Enstone team was already running into financial trouble. Xtrac, a transmission specialist, had filed a ‘winding up’ petition in the […]

Honda exploited ‘good faith’ of penalty cap – Whiting

Aug.28 (GMM/Inautonews.com) Charlie Whiting has admitted the new rule scrapping in-race penalties was exploited by McLaren-Honda last weekend in Belgium. After fans decried the grid penalties that spilled into in-race penalties for cars falling foul of the long-life engine rules this year, the FIA agreed to a tweak. For McLaren-Honda […]

Hakkinen can understand Vettel outburst

Aug.28 (GMM/Inautonews.com) Mika Hakkinen says he can understand Sebastian Vettel’s outburst in the wake of the Belgian grand prix. The Ferrari driver’s expletive-filled rant about the safety and quality of official tyre supplier Pirelli’s product in 2015 has been criticised by some, including F1 legend Niki Lauda and Eddie Jordan. […]