This cab-forward truck for emerging markets comes in a box, like Ikea furnitureMon, 26, Sep 2016
Legendary Formula 1 designer Gordon Murray, who also created the first McLaren road car, has turned to a new project, a truck for emerging markets that comes pre-packaged in a box, like IKEA furniture.
Magna to acquire German automotive closures manufacturerMon, 26, Sep 2016
Magna International's closures unit agreed to acquire the BÍCO Group of Companies, the Canadian supplier said today. Terms of the deal were not disclosed. The transaction is expected to close in the third quarter, Magna said.
MG will stop UK productionFri, 23, Sep 2016
MG will stop making cars in the UK this year after its owner, SAIC Motor, decided to move final assembly of the MG3 from Longbridge, central England, to China. The company estimates 25 jobs will be lost.
Austria brothers aim to help BMW, VW, others tackle TeslaSun, 25, Sep 2016
Auto executives from BMW, VW and McLaren are seeking advice from three Austrian brothers who are designing electric cars they say can go faster and further than anything made by Tesla.
Aston Martin loses product development exec to DysonThu, 22, Sep 2016
Aston Martin's former product development director has moved to Dyson, adding substance to reports that the consumer electronics maker is developing an electric car. Ian Minards started as Dyson's global product development director this month.
VW pledges to fix all diesel cars in Europe by late 2017, EU saysThu, 22, Sep 2016
Volkswagen Group pledged to fix all diesel cars equipped with illicit engine software in Europe by autumn 2017, the European Commission said after talks with the carmaker. VW has repaired less than 10 percent of the 8.5 million affected models in Europe since admitting rigging engines a year ago.
Continental eyes takeover deals in tire businessWed, 21, Sep 2016
Continental is pondering takeover deals to strengthen its tire business as part of its expansion strategy.
Bosch teams up with SAP on Internet of ThingsWed, 21, Sep 2016
Europe's biggest software firm SAP and German car parts maker Robert Bosch have signed an agreement to partner to connect everything from screwdrivers to cars to the Internet.
VW investors seek $9 billion in damages over emissions scandalWed, 21, Sep 2016
Volkswagen Group is facing claims for 8.2 billion euros ($9.14 billion) in damages in the legal district where the automaker is based. The company is being sued by investors who are angry at the drop in VW's stock price following the disclosure that the carmaker rigged U.S. diesel tests.
VW has no plans for trucks unit IPO before 2019, report saysTue, 20, Sep 2016
VW Group has no plans for a public listing of its trucks business until 2019, a German magazine reported on Tuesday, citing senior managers at the carmaker. Some analyst had speculated that VW might sell or float its truck operations to help raise funds as the carmaker is pushing to become a global force in trucks.
VW has fixed less than 10% of rigged diesel cars in EuropeMon, 19, Sep 2016
Volkswagen Group is making slow progress on fixing cars equipped with illicit engine software in Europe, having repaired less than 10 percent of the 8.5 million affected models, the company said on Monday.
Haldex picks ZF's $647 million bid over higher Knorr-Bremse offerMon, 19, Sep 2016
Swedish braking systems maker Haldex has backed a 5.53 billion crowns ($647 million) takeover offer from German car parts firm ZF Friedrichshafen, even though it is less than a rival bid from Germany's Knorr-Bremse.