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Battery producer says Tesla competition is not menacing


LG Chem, the South Korean auto battery maker that seems poised to dominate the global market for the packs that represent the lifeline of plug-in hybrid and electric cars, says it would take hold of 25% of the segment’s US sales by 2017. Although many analysts, executives and observers forecasted electric cars as the next big thing for the automotive world, ...
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UK: rejuvenating car production rises above French production levels
The Great Britain was once a proud nation of automakers – they had numerous companies that lifted the auto industry to new standards. Now, though, there’s no British carmaker left. True, ...
Russia: auto decline to lead into dealership mergers
According to the founder of Rolf, one of Russia’s major dealerships, the fast declining situation on the car market might force many of the country’s dealerships to merge or “die”. Russian ...
Report – Japan’s Panasonic mulls stake in European auto parts maker Ficosa
Panasonic Corp, best known as the battery provider and investor partner for California-based electric carmaker Tesla, is reportedly mulling acquiring a stake in Spanish auto parts producer Ficosa International SA. According ...
Germany’s ZF sees more acquisitions on the line
ZF Friedrichshafen AG, fresh from announcing a $11.7 billion deal to purchase TRW Automotive Holdings Corp., forming the world’s second largest auto supplier, eyes more acquisitions in the near to ...
EU Chamber urges China to open after-market car service
The European Union Chamber of Commerce's China arm urged the country’s government to allow more competition for the vehicle after-market service as current regulations are the reason for the monopoly ...
Chengdu Motor Show: 2015 Buick Envision revealed
After the China-only crossover was shown in leaked images numerous times and even General Motors released almost every imaginable detail about it, the model officially made its public debut during ...
Russian government to revive car scrappage scheme
In an all out effort to rescue an automotive industry that has been skydiving lately, the Russian government will pledge 10 billion rubles (207 million euros) to reintroduce an incentive ...
Japanese makers question Philippines expansion strategies
The automakers from Japan that have local production facilities in Philippines are growing dissatisfied with the government’s reluctance to restart a sliding auto manufacturing industry. The top Japanese automakers are now ...
China: Japanese auto-parts suppliers hit by record fine
After scrutiny from Chinese regulators impacted several carmakers, with two of them – Audi and Mercedes – facing fines of their own, the authorities have found a dozen Japanese parts ...

latest automotive news
Van der Garde hints at 2015 race seat
Oct.20 (GMM/Inautonews.com) Just as news about Nico Hulkenberg emerged on Monday, Giedo van der Garde dropped a big hint ...
Ferrari could be nothing without Formula 1 success
This is the way founder Enzo Ferrari envisioned his company: build (race winning) racecars first, then translate all that racing ...
Cherokee sales show Jeep was spot on
The oddly designed fifth-generation of the model was universally panned by Jeep enthusiasts because of the total departure from the ...
VW aims for long-term profits
The German automaker has managed to overcome General Motors last year to snatch the second place among global automakers. But ...
2016 Audi A4 rendered
The next generation of the Audi A4 should theoretically be just around the corner and the first rendering with the ...
BMW 1-Series DTM Sport Edition goes official
After officially pulling the wraps off a similar version of the M4 Coupe, BMW has just unveiled the so-called 1-Series ...
Russia: Lada’s foreign boss wants a sportier image
Bo Andersson, president of AvtoVAZ – the parent of the Lada brand – says that among the many changes the ...
Bugatti Veyron Super Sport for sale
An impressive unit of the very rare Bugatti Veyron Super Sport is currently being offered for sale. We all remember the ...
[VIDEO] Audi RS7 Piloted Driving Concept laps Hockenheim on itself
Audi has made the impossible possible with the RS7 Piloted Driving Concept which managed to lap the Hockenheim on itself. The ...
GM sees China as critical market for intelligent autos
The US automaker counts the Asian country as its largest single auto market, so there’s no surprise the company plans ...
Europe: September car deliveries rise 6.1%
The battered European region is continuing its recent recovery, with car sales edging up 6.1% last month on the continent ...
[VIDEO] Ferrari LaFerrari drifting at Monza
The newest video starring a Ferrari LaFerrari is showing the impressive hybrid supercar drifting at the famous Monza racetrack. The Ferrari ...
Manny Khoshbin buys Porsche 918 Spyder
Manny Khoshbin has recently placed an order for a Porsche 918 Spyder after being impressed in the hybrid supercar during ...
Tesla’s investors ready to rethink strategy
The California-based electric automaker ran a very successful initial public offering back in 2010 and investors have been passionate about ...
Recall roundup: 1.1m Volkswagen vehicles for rear suspension problems
Volkswagen has just issued a new recall for 1.1 million vehicles in North America and in China because of some ...
[VIDEO] Ferrari LaFerrari being driven in full electric mode
A Ferrari LaFerrari hybrid supercar has been recently spotted out while being driven in a full electric mode. The Ferrari LaFerrari ...
BMW finance executive expects positive results in 2015
The German automaker, the world’s largest premium carmaker, has been ruling over the segment for several years, but every month ...
Meet Canada’s most affordable race car – Nissan Micra Cup
The Japanese based automaker Nissan has officially introduced the Micra Cup, in Canada, which has become the most affordable race ...