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Business / Auto Global

Tesla opens Gigafactory to expand battery production, sales

[2016-07-29 07:13]

It's Tesla Motors' biggest bet yet: a massive, $5 billion factory in the Nevada desert that could nearly double the world's production of lithium-ion batteries.

Three US states sue VW, say execs covered up diesel cheating

[2016-07-25 09:02]

Senior executives at Volkswagen AG, including its former chief executive, covered up evidence that the German automaker had cheated on US diesel emissions tests for years, three US states charged on Tuesday in civil lawsuits against the company.

Magazine urges Tesla to drop Autopilot name

[2016-07-18 10:46]

Consumer Reports said Thursday that Tesla Motors is misleading car owners by calling its semi-autonomous driving system "Autopilot," potentially giving them too much trust in their car's ability to drive itself.

VW to cough up $10.2b in US cheating scandal

[2016-06-27 11:08]

Volkswagen will spend about $10.2 billion to settle an emissions cheating scandal in the United States that has turned into one of the largest cases of corporate deception in the nation's history.

Tesla charging posts to become ubiquitous and enable long drives in future

[2016-06-27 08:12]

US electric-car maker Tesla Motors Inc is accelerating the rollout of its network of power-charging posts in China.

Chinese car firms gain greater overseas foothold

[2016-06-20 09:38]

State-owned enterprise BAIC is to produce vehicles in Mexico next year to further expand and strengthen its global presence.

Tesla to deliver Model X to Chinese consumers ahead of schedule

[2016-06-02 07:02]

Tesla Motors Inc plans to deliver in advance its Model X to Chinese customers at the end of the month, instead of the first quarter of 2017.

GAC denies report it plans to buy stake in FCA

[2016-05-19 17:23]

Guangzhou Automobile Group Co (GAC), one of the major Chinese car makers, denied on Thursday that it planned to buy a stake in Fiat Chrysler Automobiles (FCA).

Nissan will have to try and restore Mitsubishi's image

[2016-05-16 14:37]

Nissan Motor may have to burden itself with restoring Mitsubishi Motors' reputation now it is acquiring a one-third stake in the scandal-hit automaker, said analysts.

Mitsubishi may be ripe for sell-off

[2016-05-09 11:33]

There may emerge opportunities for Chinese automakers to acquire Mitsubishi Motors now that its market value has nosedived after it admitted to cheating on its fuel economy data, experts said.

Tesla plugs into growing new-energy car market

[2016-05-05 07:13]

Tesla Motors Inc plans to open at least 10 new stores this year in China, which recently became its second-largest market after the United States in the first quarter of 2016.

BAIC invests in major South African plant

[2016-05-04 06:56]

Scheduled to break ground next month and begin production in 2017, the Port Elizabeth plant will be the single-largest Chinese investment in Africa.

Automaker eyes Russia, Iran markets

[2016-03-22 08:29]

GAC Motor, a plans to build car-assembling facilities overseas to meet the increased demand for Chinese homegrown vehicles, a senior company executive said.

Little-known Joyson throws its hat into global air-bag ring

[2016-03-21 07:51]

The Chinese company has seized on the global air-bag crisis surrounding Japan's Takata by buying an American manufacturer.

BMW to transform with new strategy and line-ups

[2016-03-17 15:55]

BMW Group revealed its new Strategy Number One > Next and announced the new line-ups in Munich on Wednesday, following its sixth consecutive record-breaking year in the global market, and 1.6 percent expansion in the Chinese mainland.

Chinese cars shine at Cairo's Automech-Formula motor show

[2016-03-17 10:10]

The 23rd Cairo international motor show, Automech-Formula 2016, kicked off Wednesday in Egypt with a notable participation of China's largest vehicle manufacturers.

Chinese auto maker Chery relaunches new cars assembled in Egypt

[2016-03-16 10:37]

China's leading auto maker, Chery International, announced Tuesday the relaunching of its Speranza cars under the new name of "Chery."

BMW centenary concept car showcases the future of mobility

[2016-03-08 15:18]

A BMW concept car was unveiled at a world premiere at the centenary event in Munich on Monday, one hundred years after the company registered, as it continues to define itself with a focus on the future and pioneering action.

Stefano Domenicali to take top job at Lamborghini

[2016-03-04 15:55]

Stefano Domenicali will replace Stephan Winkelmann to be the president and CEO of Automobili Lamborghini from March 15.

Skoda to show plug-in hybrid concept SUV at Geneva

[2016-02-22 10:40]

Czech car manufacturer is to unveil a concept car Vision S, Skoda’s first vehicle to feature six seats across three rows, at the Geneva auto show set to open to the public on Mar 3.

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