Industry News
Japan is readying subsidies to help Toyota Motor Corp. and key suppliers take the lead in hydrogen-powered fuel cell vehicles that could top $400 million over the next several years. Prime Minister Shinzo Abe’s planned...
By James Broughton
July 24, 2014
General Motors may well swing the axe on the Vauxhall/Opel Ampera due to slow sales of plugin-electric hybrid which is also known as the Chevrolet Volt by its sister brand in the United States. GM is planning to go...
By Peter Fitch
July 22, 2014
German magazine Manager Magazin has reported that Volkswagen has held talks with Fiat-Chrysler about a possible buyout, the magazine cities unnamed sources. The owners of Fiat want to end volume production and move their focus onto...
By Peter Fitch
July 17, 2014
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...
By Jay Khan
July 5, 2014
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,...
By Jay Khan
July 4, 2014
After making assurances to Congress on the contrary, Fiat Chrysler will build Jeeps in China and Brazil and is expected to invest billions of euros to revamp the Alfa Romeo brand in a bid to...
By Jay Khan
July 4, 2014