Business / Auto Global

Shock and prayers for Schumi light up social media

[2013-12-31 07:45]

The Formula One community, and the wider world of motorsport, reacted with shock and prayers on social network Twitter for Michael Schumacher to win his biggest battle.

Schumacher drawn to the fast lane

[2013-12-31 07:45]

The 44-year-old German suffered a blow to the head after hitting a rock at the upmarket Alps resort, he was later listed as being in critical condition

F1 world champion Schumacher suffers head injury

[2013-12-30 15:43]

Retired seven-time Formula One world champion Michael Schumacher suffered a head injury in a fall while skiing at the French Alps resort of Meribel on Dec 29.

Japan carmakers to boost domestic output before tax hike

[2013-12-30 14:53]

Japanese automakers will ramp up production early next year because they expect a big increase in car purchases before a sales tax hike in April.

Toyota recalls more than 400k vehicles in Saudi Arabia

[2013-12-28 17:41]

Toyota Motor Corp is recalling more than 400,000 vehicles in Saudi Arabia that were produced from 2006 to 2010 due to concerns about unintended acceleration.

Hyundai Motor US names new chief, Krafcik out

[2013-12-28 17:26]

Hyundai Motor Co said on Friday its US chief, John Krafcik, is stepping down after his contract was not renewed and will be replaced by the US sales chief David Zuchowski.

Audi to invest $30 billion in next five years

[2013-12-28 14:01]

German carmaker Audi announced on Friday that it would invest an additional 22 billion euros in the next five years for new models and technologies and increase employment worldwide.

Strewth, a foreign Holden? GM hopes Aussie icon will endure

[2013-12-26 17:25]

Australians have reacted with a mixture of anger, sadness and resignation to GM's pre-Christmas announcement that it will stop making cars in Australia by 2017.

Hyundai Motor workers ordered to pay $8.5m for strike

[2013-12-25 14:23]

The Court ordered part-time workers at Hyundai Motor Co to pay the company a record 9 billion won in financial damages resulting from their illegal strike.

Hyundai-Kia braces for difficult year

[2013-12-25 14:20]

Hyundai Motor Group expects to surpass its annual sales goal this year on the back of brisk overseas growth, but domestic sales were far from stellar.

Electric car is the future: Malaysia Prime Minister

[2013-12-25 14:11]

Malaysia is committed to reducing carbon emission and fully supports the development of electric cars, said Prime Minister Najib Tun Razak.

Australian car makers' future gloomy

[2013-12-24 11:09]

The high cost and insufficient production scale of Australian car makers have made the domestic vehicle industry very hard to survive.

Russia's red-hot car market stalls

[2013-12-24 10:37]

A year of disappointing auto sales in Russia has dealers and carmakers worried that a once-red hot market that was set to become Europe's largest may have slipped out of gear.

GM unit Opel sees enough sales growth to avoid cost cuts

[2013-12-24 09:55]

General Motors' European unit Opel is cautiously optimistic that sales will grow enough in 2014 to avoid a further round of cost cutting。

Cars on US-EU free-trade talks short list

[2013-12-23 14:33]

Cars, cosmetics, information technology and medicines are among the industries earmarked for potential gains in trade talks between the EU and the US.

Daimler hedges against Tesla share price decline

[2013-12-23 14:31]

Daimler AG has hedged its holding in Tesla Motors Inc against a decline in value over the next three years, as it seeks to broaden its alliance with the US electric-car maker.

GM reshuffle to test Opel CEO's turnaround skills

[2013-12-23 11:26]

A management rejig at General Motors and the scaling back of its alliance with PSA Peugeot Citroen have created fresh uncertainty over the US carmaker's strategy for Opel.

Aston Martin and Daimler partners in technologies

[2013-12-20 15:57]

Aston Martin Lagonda Ltd and Daimler AG have signed an agreement for a significant technical partnership between Aston Martin, Daimler and Mercedes-AMG GmbH.

Magazine restores Toyota Camry as a top safety pick

[2013-12-20 11:25]

Toyota Motor Corp erased a black mark on its reputation for quality on Thursday when Consumer Reports restored a recommended rating for the flagship Camry sedan.

EU takes Brazil to WTO over 'protectionist' car taxes

[2013-12-20 11:23]

The EU launched a case against Brazil at the World Trade Organization on Thursday over the South American nation's taxes on imports from cars to computers.

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