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BMW turns to wind power for its plants


BMW will harness winds to secure power and defend profits as costs rise due to Germany's 550 billion euro plan to quit nuclear energy. Four wind turbine towers will soon supply almost a quarter of the power used at BMW's Leipzig plant, where the automaker builds the X1 SUV and soon the i3, its first electric car. Daimler and Volkswagen are also ...
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Opel’s Bochum plant to be closed in 2016
Opel told its 3,000 employees from the Bochum plant in Germany that it has no alternative but to end vehicle production in 2016. Despite the carmaker's efforts to rescue car manufacturing ...
Plastic Omnium to stop making bumpers in Germany
French plastic processing company Plastic Omnium announced it will cut output in Germany by halting the production of auto bumpers. Plastic Omnium blames the shrinking car market in Europe and also ...
Opel won’t make similar cuts in Europe as Ford, union boss says
General Motors' European unit Opel will not see more severe downsizing than Ford's restructuring measures in Europe, Opel top labour leader said. Ford decided to close three factories and cut 5,700 ...
Mercedes-Benz to reduce S-Class production because of lower demand
Daimler AG will build less Mercedes S-Class sedans until the next generation model will debut in 2013. The luxury automaker will move to a one shift operation at the Sindelfingen plant ...
Daimler Trucks reports increased orders, sales
Between January and November 2011 Daimler Trucks received 420,000 orders, a 26 percent increase from the same period last year, as well as the best new order figure since 2007. Sales ...
China may overtake Germany as world’s largest luxury car market this year
China may overtake Germany to claim second spot in the ranking of the world’s largest luxury car markets this year. Currently, the world's largest market for luxury cars is the United ...
Report: Opel to cut hundreds of jobs in Germany
General Motors' European subsidiary is planning to cut hundreds of jobs in product engineering in Germany, Automotive News Europe announces. The cuts are requested by GM, which is increasingly pressuring Opel ...
German car market won’t grow in 2012, industry association says
The German auto-industry association VDA today said Europe's largest car market won't grow next year due to Europe's sovereign debt crisis. VDA (Verband des Automobil Industrie) expects 2012 sales to remain ...
2011 to be a record year for German carmakers, industry group says
German carmakers will have a record year with sales clearly higher than last year, Germany's Bild newspaper reported, citing Matthias Wissmann, chairman of the German carmakers’ association - the VDA. Wissman ...

latest automotive news
Caterham survival takes another step on Monday
Dec.21 (GMM/Inautonews.com) The future of ailing F1 team Caterham will be decided on Monday. The backmarker team as well as ...
2015 Ford Mondeo arrives in Romania – short test drive inside
Ford Romania has introduced the fifth generation of the Mondeo in Europe, over a 2-day event which has gotten us, ...
Ricciardo pace ‘a factor’ in Vettel exit – Horner
Dec.20 (GMM/Inautonews.com) Daniel Ricciardo's surprising pace was "probably a factor" in the decision taken by Sebastian Vettel to leave ...
Ecclestone determined to change 2016 engine rules
Dec.20 (GMM/Inautonews.com) Bernie Ecclestone has confirmed reports he remains determined to shake up F1's engine rules. We reported that, at ...
De la Rosa leaves Ferrari, Vergne signs up
Dec.20 (GMM/Inautonews.com) Ferrari has confirmed speculation Pedro de la Rosa is vacating his test-driver post. It was rumoured the 43-year-old ...
2016 CT6 Cadillac gets streaming rearview technology
The streaming video rearview technology will expand the driver’s vision in the upcoming 2016 CT6, eliminating any rear seat, rear ...
US: Ally gets out of 6 years bailout
Ally Financial Inc. stated that it would finally resolve its bailout after the U.S. government will sell the last $1.25 ...
Daimler puts aside €600 million for EU antitrust investigation
The Germany-based company, Daimler, stated on Thursday it is putting aside 600 million euros to cover any potential costs that ...
Renault-Nissan and AvtoVAZ merge into Russia’s biggest auto parts buyer
AvtoVAZ and the Renault-Nissan alliance will come together in terms of purchasing activities in Russia. The merged unit will now ...
Report – Volkswagen will meet its 2017 cost-cutting goal
Volkswagen CEO, Martin Winkerton, has said according to a source that the carmaker is on the right track to reach ...
GM’s bankrupt predecessor helps customers get the $10 billion compensation
General Motors customers gained a new friend in their run for the compensation worth $10 billion. The automaker’s bankrupt predecessor ...
F1 to have new engine rules in 2016 – report
Dec.19 (GMM/Inautonews.com) F1 is now speeding towards yet another new set of engine regulations. On Thursday at a Geneva meeting ...
GM and Jaguar Land Rover stopped deliveries to Russia
In response to the slide in the rouble’s value, automakers, General Motors and Jaguar Land Rover included, decided to stop ...
Uber wants to patent its gouging prices
While critics accuse Uber of price gouging over the high fees asked in Sydney for the people who were fleeing ...
Ford closes Genk Plant in Belgium
With a production of around 14 million cars over the past 50 years, Ford shut the doors of its plant ...
Price of U.S. gas reaches under $2.50 a gallon
U.S. drivers are paying less than 2.50 dollars a gallon at the gasoline pump for the first time in more ...
Toyota will invest $126M to expand powertrain operations
Toyota announced today that it will invest $126 million in the expansion of its powertrain operations in Ann Arbor and ...
Spyker declares bankruptcy
On Tuesday, Spyker, the Dutch sportscar maker which owned Saab, was declared bankrupt when not succeeding to secure a loan ...