Mercedes-Benz plans to assemble its next generation Sprinter commercial van in North America.
Daimler said it booked strong growth in earnings and record unit sales and revenue in the third quarter of 2014.
A leading Swedish economist says he does not believe simmering tensions surrounding Russia’s influence in Eastern Ukraine will escalate into anything more serious.
Honda Motor is recalling its redesigned Fit [Jazz] hybrid for the fifth time in less than a year in Japan, issuing a recall of 425,825 cars on Thursday (23 October) due to two defects.
The fourth generation Vauxhall Corsa will undercut the entry level Ford Fiesta, Britain’s long-time best selling car, by GBP1,000 when it goes on sale at year-end.
Takata Corporation, the Japanese maker of air bags at the centre of an auto industry-wide safety crisis, has recovered from its biggest-ever drop in Tokyo share trading after saying additional charges related to recalls would be small.
The next-generation Audi A8 will be able to drive itself.
PSA Peugeot Citroen could reach its cashflow target two years early thanks to better than expected growth at its growth at its Faurecia parts unit which contributed to an unexpected increase in third quarter revenue.
Volvo says it is looking to double its market share to 2% in order to offer an alternative to German brands.
Thailand’s new vehicle market continued to plummet in September, with sales falling by 27.5% to 68,843 units compared with 94,859 units in the same month of last year, according to data released by the Federation of Thai Industries.
Daimler said it had reorganised its cooperation with Tesla Motors by terminating the share-price hedge it initiated in 2013 and selling its Tesla stake of about 4% without affecting the cooperation between the two on automotive projects.
Mitsubishi Motors Corporation (MMC) has revised its consolidated forecasts for the first half of fiscal 2014 (to 30 September, 2014) from the previous forecasts announced on 24 April, 2014.