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Business / Auto Global

US Jan auto sales indicate strong start to 2013

[2013-02-04 15:39]

US auto sales rose 14 percent in January, kicking off the industry's fourth straight year of recovery since the depths of recession.

1927 Ford wins US most beautiful roadster award

[2013-02-01 15:07]

The 1927 Ford Track T roadster took the trophy of the 64th America's Most Beautiful Roadster award by going back to the future.

Daimler to extend CEO's contract

[2013-01-31 13:13]

Dieter Zetsche, CEO of Daimler AG, expects that his contract with the company will be renewed, according to sources close to the situation.

Chinese auto parts maker approved to buy US firm

[2013-01-30 06:49]

Authorities with Wanxiang, a Chinese auto parts maker, on Tuesday confirmed that they had won approval from the US government to proceed with its bid to purchase a bankrupt electric car battery maker.

Volvo to be largest truck maker

[2013-01-28 10:00]

Swedish truck manufacturer AB Volvo will be the largest heavy truck manufacturer in the world after signing an agreement with Dongfeng Motor Group.

Bond's Aston Martin DB5 stars at Detroit auto show

[2013-01-22 17:00]

James Bond's famous Aston Martin DB5 has made the trip across the pond to the 2013 North American International Auto Show in Detroit during January 14-18.

GM to buy back shares from US Treasury

[2012-12-20 09:19]

General Motors Co is set to buy back 200 million of its shares from the US Department of Treasury, Chicago Tribune reported Wednesday.

BYD to make electric buses in US

[2012-12-17 23:31]

The Chinese battery and electric vehicle producer BYD Co Ltd will establish its first wholly owned manufacturing plant overseas in 2013, going to the United States to produce electric buses, a company executive has said.

SAIC and Charoen Pokphand Group form Thai joint venture

[2012-12-10 05:37]

Moving to tap markets in Southeast Asia, SAIC Motor Corp recently agreed to form a joint venture with Charoen Pokphand Group to produce its MG cars in Thailand.

Ford recalls Fusion for second time in 2 weeks

[2012-12-08 00:39]

Ford Motor Co. is recalling 19,106 2013 Fusion sedans in the United States to replace faulty headlamps, The Chicago Tribune quoted federal safety officials as saying on Friday.

Suzuki to stop car sales in US due to strong yen

[2012-11-06 15:46]

Japanese Suzuki Motor Corp said on Tuesday that it will stop car sales in the United States, as it was unprofitable due to the strong yen.

London cab drivers protest against use of Olympic lanes

[2012-07-24 09:51]

London police said a man jumped into the River Thames during an Olympic protest by London's cab drivers on Monday.

Otto Fuchs plant starts operation in Liaoning

[2012-06-18 14:49]

Otto Fuchs Technology (Shenyang) Co Ltd, also known as OFTS, became operational on June 12 in the capital of Liaoning province.

GM recalls over 6,000 vehicles in US

[2012-03-26 15:34]

General Motors (GM) is recalling more than 6,000 big vans and SUVs on the concerns that their steering could fail.

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