Even if BMW is denied government help in lowering the i3’s price, the automaker believes the car will succeed because it will be available both as an all-electric vehicle and as an EV with a range extender....More
The chief executive stops short of speculating on the effect the recall will have on GM’s four brands, but says Chevrolet, which accounts for most of the 2.6 million recalled units, has a chance to prove itself to customers....More
The primary objective of the scheme is to help the domestic industry recover market share from inexpensive imports, notably by slashing tariffs on parts and materials imported for vehicle assembly....More
Without homegrown automakers that compete on a world stage, how can a nation barely larger than Rhode Island become a world leader in a sector that is struggling to gain a foothold in other mature vehicle markets, such as the U.S.?...More
The EV Taiwan show is being held this week in Taipei, along with three other automotive conferences. Taiwan has 150 companies dedicated to the EV sector manufacturing components such as electric motors, batteries and controls.
The LCGC policy was launched last year as a way to bring more affordable cars to Indonesia’s consumer class. But buyers are filling up with subsidized fuel, and that’s seen as potentially damaging the vehicles and taxing the country’s treasury....More
Following President Vladimir Putin's call for Russian companies to repatriate their assets to the country, Vadim Shvetsov moved his majority stake in the automaker from Cyprus-based Newdeal Investments to Moscow-based OJSC Erfiks....More
Industry representative Nico Vermuelen says he believes most automakers are in South Africa to stay, as the country has a relatively developed economy and can be used as a base for selling cars in the rest of Africa....More
With the market perched precariously on the downside, the Victoria Automotive Chamber of Commerce is demanding to know if the federal government is going to lower import restrictions on used vehicles....More
Researchers say a material with the same weight and density as aerogel, but with 10,000 times more stiffness, offers promise for the automotive-parts industry where lightweight, high-stiffness and high-strength materials are needed....More
Maruti Suzuki is campaigning to convince global and local investors of the benefits of parent Suzuki’s wholly owned India operation. But some Maruti Suzuki shareholders oppose the plan and regulators have questioned its legality....More
“This is the greatest day ever!” declares Thomas Semaan, whose ’80 Chevrolet Corvette Stingray fueled up for a mere $8.60 instead of the $38 he would have paid for the same amount in today’s dollars....More
Under CEO Mary Barra, GM is the only one stepping up to change the conversation and fix the long-broken mechanisms for protecting consumers from potentially dangerous vehicle defects and compensating victims....More
Mercedes-Benz launched its first and only U.S. vehicle assembly plant in 1995. Officially known as Mercedes-Benz U.S. International, MBUSI has solely produced SUVs and CUVs for North America and export markets until production of the C-Class luxury sedan began in June.
Volvo calls its technology application Autopilot to suggest the driver will be able to relinquish control of the vehicle. Designers and engineers envision a car of the future that operates like an aircraft....More