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- Abu Dhabi set to quit Daimler, report says
Abu Dhabi is to exit its investment in German premium carmaker Daimler, a German magazine reported today.
Переслать - Ford to build $760 million plant in China
Ford, in a bid to catch up with GM and VW in the world's largest auto market, said it will build a $760 million assembly plant in Hangzhou, China. The project will help Ford double its manufacturing capacity in the country to 1.Переслать - Piech risks overreaching with Audi's Ducati purchase
Ferdinand Piech, who has added six brands during his two-decade tenure leading Volkswagen, is about to add another with the purchase of Ducati. This time he risks overreaching.Переслать - Hyundai gives Santa Fe an upscale makeover to boost global sales
Hyundai aims to sell 152,000 revamped Santa Fe SUVs globally this year, as it seeks to hold off a surge from high-end foreign brands at home. The third-generation Santa Fe is Hyundai's sole model to be launched globally this year.Переслать - Quick solution unlikely in resin shortage, research firm says
Automakers and suppliers are unlikely to find immediate alternatives to a shortage of resin used to make brake- and fuel-system components because of their pre-production vetting processes, according to researchers at IHS Automotive.Переслать - Audi banks on Mexico assembly plant to relieve N.A. supply constraints
Volkswagen Group picked Mexico to build a new North American factory for its premium Audi brand -- a move designed to drive exports and relieve supply constraints that executives say have limited the automaker's U.S. sales growth.Переслать - GM regains equal control of key China JV with SAIC, reports say
GM has reached a deal with China partner Shanghai Automotive Industry that will give GM equal control of key decisions in their Chinese joint venture.Переслать - Mexico fortifies role as N.A. assembly hub with plum Audi plant
With Volkswagen AG's decision today to build an Audi assembly plant there, the country has cemented its role as a major North American hub for light vehicle production. Audi is joining Mazda Motor Corp., Honda Motor Co., Ford Motor Co.Переслать - GM worker remains hospitalized after tech center blast
An employee injured in a battery explosion last week at the General Motors Technical Center in suburban Detroit remained hospitalized today, GM confirmed. GM declined to disclose the worker's name or details of his injury.Переслать - Audi to buy motorcycle maker Ducati, gain access to light-weight engine technolgy
Volkswagen AG's Audi will buy Italian motorcycle maker Ducati Motor Holding SpA to add luxury two-wheelers ridden by celebrities such as Brad Pitt to the German automaker's expanding brand portfolio.Переслать
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