The Russian automaker says its first-half net profit plunged to $7 million, compared with $45.7 million year-ago, mainly because its 50-50 joint venture with Ford posted a net loss of $91 million....More
A Korean newspaper says Hyundai plans to remodel a Beijing facility owned by its Chinese partner, Beijing Automotive Industry Holding, as well as work with its partner to develop a plant in Chongqing....More
Domestic automakers and global manufacturers’ Indian subsidiaries are exporting, or will export, both fully assembled vehicles and kits for local assembly in the importing country. Their market reach is worldwide....More
The new C gets two excellent new gasoline engines, more space, top-notch active-safety equipment, solid driving dynamics, an available air suspension and a spot-on interior that looks and feels truly premium....More
The new C-Class sets up a showdown with the BMW 3-Series, consistently the best-selling luxury car in America and one that has pummeled the C for years. But look out, Bavaria. In the past two years, sales of the previous-generation C have been catching up with the 3.
One analysis suggests limited capacity, possible loss of government support, devaluation of the ruble and other factors may prompt global automakers to halt assembly operations in Russia and instead focus on imports....More
Networked vehicles that can communicate with each other and the infrastructure open up a new range of possibilities for user functions that will make driving safer, more comfortable and environmentally friendly, the supplier says....More