Business / Auto Global

Toyota gets final OK to settle the class action

[2013-07-23 15:25]

A US judge on friday gave final approval to the settlement of a class action lawsuit against Toyota Motor Corp by plaintiffs.

Jaguar to launch mass market range in 2015

[2013-07-23 15:24]

British luxury carmaker Jaguar will launch new affordable models from 2015 in a bid to emulate the success of lower cost luxury vehicles made by its sister company Land Rover.

BMW bets electric car offer may fend off Audi

[2013-07-23 15:21]

Germany's BMW will sell the battery powered i3 city car at a lower-than-expected base price to stoke demand for its first electric vehicle.

Daimler CEO buy $1.5 million in stock

[2013-07-22 13:46]

Dieter Zetsche, CEO of Daimler, purchased roughly 1.15 million euros ($1.51 million) worth of stock on Wednesday using the proceeds from share options granted nearly 10 years ago.

GM delays Chevy Cruze debut by a year

[2013-07-19 16:27]

General Motors Co has delayed the launch of the next-generation Chevrolet Cruze by a year due to engineering changes and a desire to squeeze more sales from the small car.

Detroit files for bankruptcy

[2013-07-19 16:04]

Detroit filed the largest-ever municipal bankruptcy in US history on Thursday, marking a new low for a city that was the cradle of the US automotive industry.

S. Korea's Seoul Auto Salon 2013 auto show starts

[2013-07-11 17:44]

South Korea started its Seoul Auto Salon 2013 on Thursday in Hall A COEX, and will last through Sunday.

FIA limits pitlane access

[2013-07-11 07:32]

Formula One's governing body ordered an immediate clampdown on access to the pitlane on Tuesday after a television cameraman was struck and injured.

Chrysler to recall 560,000 vehicles

[2013-07-04 05:53]

US giant automaker Chrysler Group LLC said Wednesday it is issuing four new recall campaigns covering about 560,000 vehicles.

Argentina car sales hit high record

[2013-07-03 17:52]

Argentines it seems love their cars. The latest car sales numbers hit a record high despite high inflation and slumping sales of other goods.

Fiat cars swimming off coast

[2013-07-02 10:08]

A fleet of Fiat 500 cars were recently spotted "swimming" off the coast of Miami's South Beach.

Rosberg wins amid tire safety debate

[2013-07-02 06:20]

Nico Rosberg won, but his Mercedes teammate Lewis Hamilton took as many plaudits when he recovered from a massive tire explosion to finish fourth.

Vettel staying with Red Bull to end of 2015

[2013-06-13 07:37]

Triple F1 world champion Sebastian Vettel will race for Red Bull until the end of 2015 after the team announced the contract was extended by a further year.

'Palace on wheels' on sale for $3.13m in Dubai

[2013-06-12 15:52]

An ultra-luxurious concept vehicle - EleMMent, equipped with nearly everything one can think of in a house is now on sale for 2 million pounds in Dubai.

On the road to a driverless future

[2013-06-09 05:48]

I sat in the driver's seat of an Audi A7 in April while software connected to a video camera drove the car at speeds up to 100 km per hour.

Lanxess invests in Asia on positive growth outlook

[2013-06-05 05:54]

China's urbanization process and its rapidly growing middle class, which together are creating increased demand for personal transportation and medical care, are the major reasons for Lanxess AG's largest-ever investment in Asia.

Hamilton: I know what to do

[2013-05-30 07:15]

Lewis Hamilton is calm about what could happen to Mercedes if it is hauled before a Formula One tribunal to explain its secret tire test, but he is worried about his own form.

Schumacher back behind F1 wheel

[2013-05-22 17:16]

After being out of public sight following his final retirement from the world of F1, former king of car racing Michael Schumacher has gotten in a Mercedes.

Alonso needs more speed

[2013-05-14 13:50]

Fernando Alonso warned that despite his victory in the Spanish Grand Prix, Ferrari is still behind rivals Red Bull and Lotus in terms of sheer pace and performance.

Vettel blames tires, Rosberg mystified

[2013-05-14 13:50]

Sebastian Vettel blamed his relative slump to fourth in Sunday's Spanish Grand Prix on Red Bull's inability to manage its tires as well as rivals Ferrari and Lotus.

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