Industry

New joint venture called Alliance Rostec Auto BV

Nissan and Renault have signed their agreement with the Russian government to takeover AvtoVAZ and create a new joint venture called Alliance Rostec Auto BV. Renault and Nissan paid $742 million to own 67.13% of the new company but share it with&n...

VW up 11.5% and Audi up 10.9% for November

Volkswagen Cars and Audi AG posted major gains in November up 11.5% and 10.9% respectively. Both companies are also doing quite well for the year so far with Volkswagen Cars up 11.2% and Audi up 12.7%. The results show the strength of China in...

Gets rights to mid-size platform, safety tech and comfort

Volvo has signed an agreement with its parent Geely that will Geely the rights to older Volvo technology. The two companies signed three separate agreements covering safety technology, comfort technology and Volvo's mid-size platform. This is ...

New Quattroporte uses modified Chrysler components

Sergio Marchionne wants Maserati to be stiffer competition against the German luxury automakers, but he has a rather odd strategy to do it. The upcoming Quattroporte that will be revealed at the North American International Auto Show will use a mo...

Location not yet decided

Saudi Arabia's industrial development program and Jaguar Land Rover have signed a letter of intent that paves the way for the British automaker to build a factory there. The next step is for Jaguar Land Rover and Saudi Arabia to agree on a loc...

It sounds like an awful lot of money doesn’t it? Half a billion pounds…that should bring Aston Martin into the second decade of the 21st century shouldn’t it? There are two aspects to address here, the size of the cash ...

Sales for the month up 5.7% and up 5.1% for the year

Mercedes-Benz Cars, which comprises Mercedes, Smart and Maybach, set a November record for its sales with 120,346 units delivered, a 5.7% improvement over last year. The company is also up 4.9% for the year with 1,291,287 units delivered from...

Sales Even Up in Europe

BMW Group had a strong November on top of a strong year so far. Global sales were up 23% for November to 170,932 cars and up 10.1% to 1,664,088 cars for the year.  BMW Group is performing well in all three of its major markets. ...

Factory closed when current Zafira ends production in 2016

Opel has officially announced that at the end of production of the current Zafira in 2016 it will close its Bochum factory. The warehouses on the site will remain open. Opel had said in June that the next Zafira would not be built in Bochum but di...

New head of design believes top model should inspire all others

New head of Volkswagen brand design Klaus Bischoff does not like the way that VWs have been designed in the recent past. He believes that brands need a strong design at the top that all of its other cars are inspired by. The first car to use this ...