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After regulator fine, automakers announce investments in India


Automakers operating in India seem to go by undeterred by the country’s regulator move to mirror China’s investigations into accusations of antitrust law breaches. India’s anti-monopoly enforcer recently revealed it was slapping 14 carmakers with a combined penalty of 25.4 billion rupees ($420 million) because they all circumvented the law when dealing with the spare parts market. The investigation mirrored the ...
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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 ...
UK: analysts warn of stalled sales in the future
The automotive industry in Great Britain is in great shape. The sales and production output have returned to levels only seen before the 2008-2009 crisis and the shabby recovery of ...
Auto industry sales to rise 11% in July
July is expected to bring an 11% increase in the new cars and trucks sales, as U.S. consumers took advantage of sales, leasing deals and lending. Chrysler is expected to report ...
Aluminum price could rise on automotive demand
According to the new chief of Japan’s Aluminum industry association, if other carmakers follow in Ford’s footsteps and release models made from the lightweight metal, its price could rise by ...
Silicon Valley chipmakers struggle to reach autos
Intel, Qualcomm or Nvidia – well known for their computer and phone chips – struggle to make their way into the automotive world, which is fast approaching the heralded era ...
US: elections for UAW are now based on neutrality
America’s auto union, the UAW, has been heavily basing its wins lately on an old labor movement system – neutrality agreements. These are rarely employed today, besides the ones claimed ...
UK: executive says that growing interest rates would hurt auto industry
The British automotive industry is among the positive highlights of the European region, but the CEO of Hyundai UK warns that the country’s car industry is still frail. Tony Whitehorn, Hyundai ...
Is GM going too far with recalls?
With federal probes coming from everywhere, lawsuits pouring in and a tally of recalls that seems to never end, General Motors looks a lot shaken than it did at the ...

latest automotive news
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French car sales drop in August
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Rich tech gurus and their sweet rides
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Privately owned cars could disappear from Helsinki
A number of cities around the world are taking steps to reduce or limit the growth of privately owned vehicles ...
Super material could dramatically increase Tesla cars range
The highly coveted luxury electric sedan from Tesla – the Model S – boasts an impressive range for the segment ...
Tesla’ s 5 states bid high for its new battery factory
Tesla has been long planning the $5 billion plant to make batteries for its new generation of electric cars. The ...
Peugeot to cut jobs at its Sochaux plant
PSA Peugeot Citroen will cut 300 jobs at its Sochaux factory in eastern France because it wants to reduce the ...
Report – Thailand to approve Volkswagen factory
According to a German newspaper's report, Thailand is set to give the green light to the construction of a Volkswagen ...
China will not force foreign car parts makers to form local joint ventures
The European trade body in China said the Beijing government does not plan to force foreign auto parts suppliers to ...
Spanish car sales up 14% in August
Sales of new cars in Spain have gone up 14% in August to 45,355 units. The advance represents the 12th ...
BMW plans six front-wheel drive models by 2017
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Aston Martin taps Nissan boss Andy Palmer as new CEO
Following a Financial Times report that the Japanese automaker’s executive has moved from Nissan to Britain’s 101-year-old sports carmaker – ...
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Fore sure you heard about the BMW Welt complex in Munich – after all it’s the No.1 tourist attraction in ...
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McLaren MP4-12C lives on with DMC’s Velocita Wind Edition
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