NEWS

Audi Ponders 235 mpg City Car

11/28/2012

Volkswagen AG's Audi unit has begun developing a hybrid minicar that could deliver 235 mpg, LeftLane News reports.

Audi Mulls “One-Liter” City Car

11/28/2012

Volkswagen AG's Audi unit has begun developing a hybrid minicar that would consume one liter of gasoline per 100 kilometers traveled, LeftLane News reports.

Honda Aims to Export More Cars from U.S.

11/28/2012

CEO Takanobu Ito tells The Wall Street Journal that Honda Motor Co. intends to boost its exports of American-made vehicles to as much as 20% of output, about three times the current ratio.

Honda Aims to Triple Auto Exports from U.S.

11/28/2012

CEO Takanobu Ito tells The Wall Street Journal that Honda Motor Co. intends to boost its exports of American-made vehicles from 6% to 7% of U.S. output now to as much as 20%. The initiative is part of the company's broader plan to move development and production of all but the smallest vehicles overseas from Japan to escape the strong yen.

Hyundai Plans 40% Growth in Chinese Output

11/28/2012

Hyundai Motor Co. says it intends to boost production at its joint venture in China to 1.4 million vehicles by 2015 from 1 million units this year.

GM Sets Price for Chevy Spark EV at $32,000

11/27/2012

General Motors says the electric version of its Chevrolet Spark minicar will retail at about $32,000.

Avtotor, Magna to Establish Russian Factory Complex

11/27/2012

Canada's Magna International Inc. has signed a cooperation agreement with Russian carmaker ZAO Avtotor to create an auto assembly and parts complex in Kaliningrad, Russia.

Magna to Team with Avtotor on Russian Manufacturing

11/27/2012

Canada's Magna International Inc. has signed a cooperation agreement with Russian carmaker ZAO Avtotor to create an auto assembly and parts complex in Kaliningrad, Russia.

Report: Renault, Dongfeng Plan €800 Million Factory in China

11/27/2012

Renault SA and Dongfeng Motor Group aim to launch a 6.5 billion-yuan (€800 million) assembly plant in Hubei, China, with annual capacity to make 200,000 vehicles, according to China Business News, which cites unidentified Dongfeng sources.

Dongfeng, Renault May Build $1 Billion Factory in China

11/27/2012

Renault SA and Dongfeng Motor Group aim to launch a 6.5 billion-yuan ($1 billion) assembly plant in Hubei, China, with annual capacity to make 200,000 vehicles, according to China Business News, which cites unidentified Dongfeng sources.