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  • Newswire

    UPDATE 1-Renault targets up to 75,000 vehicles/yr at new Algeria plant  

    (Adds details, background) PARIS/Oran, ALGERIA, Nov 10 (Reuters) - French carmaker Renault opened its first plant in Algeria on Monday at a cost of 50 million euros ($62 million) to boost its presence in Africa's second-biggest auto market. The group set an initial production target of 25,000 vehicles a year that could triple for the factory in Oued Tlelat, in the Oran region, which will produce the new Renault Symbol model....More
  • Newswire

    New Daimler R&D Center Gears Mercedes-Benz to Chinese Tastes  

    Mercedes-Benz parent Daimler, bidding to catch BMW and Audi in Chinese sales, will use the R&D center to more closely tailor Mercedes cars to affluent buyers....More
  • Newswire

    REFILE-Volkswagen says to launch over 20 electric vehicle models in China  

    (Refiles to remove repetition of text) SHANGHAI, Oct 28 (Reuters) - Volkswagen AG said on Tuesday it would launch more than 20 models of battery-driven cars in China over the next few years. "In the near future, Volkswagen will be offering Chinese drivers over 20 NEVs, from small cars to large-sized SUVs, from plug-in hybrids to pure electric cars," Jochem Heizmann, head of Volkswagen Group China, said....More
  • Newswire

    Continental May Target Asia for Next Acquisition  

    Continental's chief financial officer says the German auto-parts and and tire manufacturer may be ready to expand further once it receives regulators' OK for its purchase of U.S.-based Veyance Technologies....More
  • Oct 24, 2014
    blog

    Driving in Greece Stressful, But Worth It

    The islands are lovely to visit, but be prepared for narrow winding roads with few guardrails to protect the buses, ATVs, scooters, cars and pedestrians that use them. And don’t bother looking for road signs....More
  • Newswire

    GM Reports 2% Uptick in Q3 Global Vehicle Sales  

    The No.1 U.S. automaker credits strong sales in its home market and China, the world's two largest auto markets, to its best third-quarter sales result since 1980....More
  • Newswire

    REFILE-UPDATE 2-VW extends China JV by 25 years to tighten market grip  

    (Changes second reference to Li Keqiang in penultimate paragraph to Li from Keqiang to use family name) * VW-FAW joint venture extended until 2041 - VW * Enhancing Chinese JVs "a must" for VW - analyst * VW also seeking possible increase in FAW Group stake * VW 9-month group sales in China up 15 pct to 2.72 mln cars By Andreas Cremer and Jan Schwartz...More
  • Newswire

    UPDATE 2-Daimler, Renault-Nissan extend manufacturing alliance  

    * Alliance struck in 2010 has ballooned * The carmakers share engines and factories * Cost savings in excess of 2 billion euros (Adds additional comments from Renault, Daimler CEO's) By Edward Taylor and Gilles Guillaume PARIS, Oct 3 (Reuters) - Daimler and Renault-Nissan are extending a manufacturing alliance, the two carmakers said on Friday, adding that there were no limits to how the cooperation could evolve....More
  • Newswire

    Daimler Says China to Keep Leading Near-Term Growth  

    Daimler's head of Mercedes car sales, Ola Kaellenius, says China will remain the automaker's "most important growth market over the next five years."...More
  • Newswire

    French Automaker PSA Open to Partnerships, CEO Says  

    Chief Executive Carlos Tavares says the automaker will consider potential partnerships, but only after it completes what he estimates will be two to three more years of restructuring....More
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