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Electric car maker Tesla Inc said on Sunday it is talking with the Shanghai municipal government to set up a factory in the region and expects to agree on a plan by the end of the year. China levies a 25 percent duty on sales of imported vehicles and has not…
Nissan Motor and its alliance partner Renault are setting up a new joint venture in China with Dongfeng Motor Group to design and build electric cars, joining a list of global automakers aiming to make such vehicles in China. The automakers are attempting to…
Cooperation talks between Germany’s Volkswagen Group and India’s Tata Motors about joint development of a car for emerging markets have ended amicably, the two companies said on Thursday. The collapse of the talks is a further blow to Volkswagen’s (VW)…
Toyota said on Friday it planned to take a 5 percent share of smaller Japanese rival Mazda Motor Corp, as part of an alliance that will see the two build a $1.6 billion U.S. assembly plant and work together on electric vehicles. The plant was a surprise for…
From ‘The Jetsons’ to ‘Chitty Chitty Bang Bang’, flying cars have long captured the imagination. While several futuristic projects are under way in different countries, a Dutch design may be the first one sold and soaring into the skies. After years of…
Fiat India Automobiles has confirmed that it will roll out its first ever, ‘Made-in- India’ Jeep Compass production vehicle from the assembly line in Ranjangaon near Pune on June 1. Maharashtra Chief Minister Devendra Fadnavis will roll out the first ever…
Korea has become Asia’s largest importer of Mercedes-Benz and BMW vehicles this year, as the two German carmakers sold more vehicles in Korea than Japan for the first time ever. Chinese motorists buy more Mercedes-Benz and BMW vehicles than Koreans do. But…
German automaker Daimler has yet to select a semiconductor provider for its autonomous cars’ development partnership with supplier Robert Bosch, Mercedes-Benz research and development chief Ola Kaellenius said on Wednesday. Earlier this month, Daimler and…
The Porsche brand has ranked highest among all nameplates, according to the latest J.D. Power 2016 U.S. Sales Satisfaction Index (SSI) Study released today. The brand also placed higher than all other luxury manufacturers for the second consecutive year.…
