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  • Newswire

    Lotus' Parent Company Expanding Into China  

    Malaysian conglomerate DRB-HICOM's automotive subsidiaries Proton and Lotus will form a joint venture with Chinese automaker Goldstar to build, sell and provide after-sales service for Lotus cars in the country....More
  • Newswire

    E-Commerce Giant Alibaba, Shanghai GM to Market Cars Online  

    Shanghai GM becomes the latest automaker to partner with Alibaba to offer online sales and financing for GM products and collaborate on marketing and aftermarket services....More
  • Newswire

    UPDATE 1-Volkswagen CEO Winterkorn to stay in defeat for chairman  

    * Top VW panel backs CEO in clash with chairman * Panel to propose extension of Winterkorn's contract * Patriarch Piech had pushed for CEO change (Adds comments from VW, Audi works council chief and background) By Andreas Cremer BERLIN, April 17 (Reuters) - Martin Winterkorn will stay on as chief executive of Volkswagen, the German carmaker said on Friday, in an unprecedented defeat for its powerful chairman....More
  • Newswire

    Magna Selling Bulk of Interiors Business to Spanish Firm  

    Spain's Grupo Antolin is spending $525 million to purchase 36 manufacturing plants with 12,000 employees in Europe, North America and Asia from the Canadian parts maker....More

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