Bosch commits $178.7 million to South Korean expansion
The German supplier will expand its South Korean operations with a $178.7 million investment through 2013, adding 300 jobs and focusing on new automotive technologies.
Daily coverage of the car industry: launches, leaks, motor shows and the announcements that move the market.
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The German supplier will expand its South Korean operations with a $178.7 million investment through 2013, adding 300 jobs and focusing on new automotive technologies.
Volkswagen Financial Services and Allianz SE will form Volkswagen Autoversicherung AG, a joint venture offering bundled insurance and finance packages to VW customers worldwide from April 2013.
Acura is reportedly developing a smaller, four-cylinder sports car with SH-AWD, aiming to bring NSX-inspired performance to a lower price bracket within the next few years.
A Ferrari F430 Scuderia was torn in two after colliding with a central barrier near Francorchamps, Belgium, killing both occupants instantly.
A 2012 Aston Martin DBS was destroyed in a late-night crash in Middletown, New Jersey, with the 39-year-old driver hospitalised and charged with cocaine possession.
Volkswagen Group’s luxury marques, now including Porsche, contributed 54 percent of group earnings in the first half of 2012, overtaking the volume brands for the first time.
A Dubai exotic car owner drew attention by staging a photo session featuring his Ferrari 458 Italia and a live lion, highlighting the city’s taste for ostentatious displays.
Citroën CEO Frédéric Banzet says the brand’s World Rally Championship team must reduce its spending amid declining European sales and uncertain series promotion.
A rented Ferrari 348 was overturned in Dublin after the driver reportedly lost control, highlighting the risks when high-powered supercars meet unfamiliar hands.
The 2013 Mercedes-Benz B-Class B180, featuring a 1.6-litre turbo petrol engine and seven-speed dual clutch, enters the Indian market as a premium family MPV.
A 2013 Mercedes-Benz E300 BlueTEC Hybrid saloon has completed a 1,335.76km journey from Cornwall to Scotland without refuelling, demonstrating the efficiency of its diesel-electric powertrain.
Toyota has unveiled the facelifted Verso, featuring over 470 revised components and updated styling, ahead of its official debut at the 2012 Paris Motor Show.
Opel has released a new promotional video for the Mokka, highlighting its urban credentials ahead of the compact SUV’s European launch in 2013.
DMC’s LP900 Molto Veloce package transforms the Lamborghini Aventador with major engine upgrades and a carbon-heavy body kit, pushing output to 900hp.
Citroën has unveiled the refreshed C3 Picasso, featuring updated styling, new equipment and colour options, set for its premiere at the 2012 Paris Motor Show.
A tunnel under construction on a major expressway in southeast China collapsed late Sunday, leaving sixteen workers missing as rescue efforts continued into Monday.
Official images of the new-generation Dacia Logan have surfaced online, previewing the budget saloon’s modernised design and engine options just before its scheduled Paris debut.
A sharp increase in Spain’s value-added tax in September 2012 sent new car sales tumbling, as buyers faced higher prices and continued economic uncertainty.
With 170hp from its 1.4 TSI engine and a DSG box, the Skoda Fabia RS delivered punchy performance and a reputation for unpredictable handling at the edge.
Nissan has released pricing for the 2013 Maxima, with the entry-level model starting at $33,560 and a revised line-up of packages and features.
Dutch manufacturer Huet Brothers has confirmed new technical and trim details for its 2014 HB Coupe, which will be offered in three configurations and produced in a limited run of 40 units.
Audi has revealed the SQ5 TDI Exclusive Concept, a limited-run performance SUV finished in Aral Blue, ahead of its public debut at the 2012 Paris Motor Show.
BMW has unveiled technical details of its new 1.5-litre turbocharged three-cylinder petrol and diesel engines, which will power future Mini and front-drive BMW models.
Ford’s 250 PS Focus ST hot hatch arrives in Malaysia in five-door form, priced at RM208,888 on the road with insurance.