Hyundai is facing significant backlash from South Korean consumers who were misled about the accuracy of the advertised fuel efficiency figures for their vehicles, leading to a class action lawsuit. The country’s transport ministry has...

If seeing a Ferrari on the road wasn’t already a rare spectacle, then seeing one at all will become rarer still after the firm revealed it planned to limit global sales to 7,000 units annually and...

BMW Group’s joint venture with SGL Group will spend $200 million to triple the production capacity of its carbon fiber products. The factory, based in Germany, will become the world’s largest producer of carbon fiber,...

BMW Group predicts China will become the world’s largest market for electric vehicles as more charging stations are built there and the government promotes cleaner cars to cut pollution. As part of the partnership, the...