As part of a new wide-ranging agreement between the Renault Nissan Alliance and Mitsubishi Motors Corporation, which will involve shared products, technology and manufacturing capacity, the companies will export a D-segment sedan model from the Renault Samsung Motors (RMC) plant in Busan, South Korea for sale in the US and Canada under the Mitsubishi badge.Â
After first teasing the car in late September, Kia announces more details today of its upcoming Soul electric vehicle. The Soul EV, due next year in the U.S., should be able to travel 120 miles (193 km) on a single charge, Kia says, making it one of the longest-range EVs in the U.S. from a […]
The U.S. Treasury now expects to lose $9.7 billion selling the General Motors stock it received in 2009 after its bailout of the automaker. Taxpayers are still owed about $14 billion from the $49.5 billion in loans provided to GM
The movement of the vehicles, which is being handled in part by road haulier Cassens Transport and began on Tuesday 22, will ease storage problems that have arisen at Toledo where volumes have built above 9,500 units.
Within the vehicle logistics industry which transports millions of cars a year, there is a small, niche sector which is, nevertheless, vital to every OEM. This often unheralded segment deals with the shipment of test cars, prototypes, show vehicles, racing and classic cars often in conditions of absolute secrecy and security.
For some carmakers, especially in Europe, North Africa represents the next great frontier. In 2012, Algeria sold 450,000 new vehicles; Egypt 288,000 units; Morocco 126,000; and Tunisia 54,000. Outside of Egypt, growth this year has been strong, including a 10% sales increase in Algeria.
DETROIT (Reuters) — A meeting between Volkswagen AG labor leaders and workers at the automaker’s plant in Chattanooga, Tenn., that was to be held today has been postponed after a private plane that was to fly from Germany was grounded, several sources told Reuters.
This September, the Brazilian government is to launch a new programme called “Innovate – Autoparts†(Inovar – Autopeças), aimed at stimulating the automotive parts sector. The main objective is to boost the technological content of components, thereby reducing imports of vehicle parts. This latest initiative will necessitate changes to the existing “Innovate – Auto†policy, which […]
BMW has confirmed that it is responding to allegations by customs authorities in India that it violated import regulations controlling the tax on parts delivered to its plant in Chennai.
