NEWS

Daimler’s Small Crossover to Debut in September

8/14/2013

Daimler AG's Mercedes-Benz Cars brand will reveal the production version of its 2015 GLA small crossover at the Frankfurt auto show next month.

German Economic Sentiment Jumps to Five-Month High

8/14/2013

European investors and analysts are more optimistic about German business conditions this month than they were in July, according to the Centre of European Economic Research (ZEW).

Report: New Audi Q7 Gets a Quick Redesign

8/14/2013

Audi AG has launched a redesign for the next-generation Q7 large crossover vehicle that had been scheduled to go on sale next spring, according to Motor Trend, which does not identify its sources.

Visteon Dumps China Interiors Venture, Bolsters Electronics Business

8/14/2013

Visteon Corp. is selling off its stake in an interiors venture in China and buying majority control of a separate auto electronics partnership there.

Tesla Founder Proposes High-Speed Commuter “Hyperloop”

8/13/2013

Silicon Valley billionaire inventor Elon Musk proposes building a new high-speed transportation system that would allow passengers to zip between distant cities at about 760 mph.

Visteon Sells Stake in Chinese Auto Interiors Venture

8/13/2013

Visteon Corp. has agreed to sell its 50% stake in its Shanghai-based interior joint venture, Yanfeng Visteon Automotive Trim Systems Co., to partner Huayu Automotive Systems Co. for $1.25 billion in cash.

SAIC Unit to Buy Visteon’s Stake in Auto Interiors Venture

8/13/2013

Visteon Corp. has agreed to sell its 50% stake in its Shanghai-based interior joint venture, Yanfeng Visteon Automotive Trim Systems Co., to partner Huayu Automotive Systems Co. for $1.25 billion in cash.

Toyota JV Breaks Ground on R&D Center in China

8/13/2013

Toyota Motor Corp. and partner China FAW Group Corp. are building a $207 million product development and test facility in Tianjin, China.

European Carmakers Crank Up Car-Sharing Plans

8/13/2013

More than half a dozen European carmakers are testing car-sharing schemes for a market expected to multiply more than tenfold by the end of the decade, Automotive News Europe reports.

Mazda to Start Sales in Cambodia

8/13/2013

Mazda Motor Corp. aims to begin selling vehicles in Cambodia as early as this year, The Nikkei reports without citing its sources.