Automobile industry
Hyundai Motor Co. and Kia Motors Corp. have achieved significant consumer interest in the US market, according to recent data from Edmunds.com. The two South Korean automakers received a combined 17.9 percent of all clicks on the Edmunds.com Consumer Vehicle Consideration list in June, narrowly trailing Ford
Automobile industry
U.S. light vehicle sales rose a modest 2.4% in June from the same month last year, reaching a seasonally adjusted annualized rate of 11.41 million vehicles. This climb was overshadowed by the declines of Japanese automakers, which suffered due to supply shortages caused by the earthquake and
Automobile industry
The White House is engaging in discussions with major carmakers, labor unions, and environmental groups to adjust vehicle mileage and emissions standards in the United States. The proposed changes aim to cut petrol bills for drivers, make domestic car manufacturers competitive with European and Asian producers, and help the Obama
Automobile industry
Toyota Kirloskar Motor, the joint venture between Toyota and the Kirloskar Group, has launched the Liva model in India, priced at Rs 3.99 lakh-Rs 5.99 lakh (US$8,860-13,301). The Liva model will compete with market leader Maruti Suzuki's Swift and Ritz, as well as
Automobile industry
The future of the British car industry seemed bleak just a few years ago, but with the help of government support and investment, it has undergone a remarkable transformation. Nissan's decision to build a new electric car plant in Sunderland, using Welsh steel, is a significant milestone in
Automobile industry
The California Air Resources Board will host an event to showcase the latest advances in hydrogen fuel-cell powered automobiles and electricity production. The event will feature technology from multiple companies, including Multiquip, AC Transit, Honda, Hyundai, Mercedes, Nissan, and Toyota. The goal of the showcase is to highlight the potential
Automobile industry
A delegation of Taiwanese car parts manufacturers, led by the Automotive Research & Testing Center (ARTC), has embarked on a mission to engage with French counterparts to explore potential collaborations in producing electric vehicles. The visit, which includes interactions with prominent French firms such as Renault S.A. and PSA
Automobile industry
As part of its ongoing bid to reach a broad audience, Tesla displayed its Model S Alpha prototype in Toronto until tomorrow, marking a crucial step in its aim to become a household name in Canada. The showstopping midsize sedan boasts a range of features that make it an attractive
Automobile industry
Over 1,000 attendees, including 100 journalists from around the world, are expected to participate in this year's CAR Management Briefing Seminars, slated for August 1-4 at the Grand Traverse Resort & Spa near Traverse City, Michigan. The event will feature a lineup of esteemed speakers from top
Automobile industry
Ford Motor Company, under the leadership of President and CEO Alan Mulally, is projecting a 50% increase in production by mid-decade. This growth is attributed to the expansion of the Asia-Pacific region, combined with a slower growth in more mature markets. Despite the economic challenges faced by the US, Ford
Automobile industry
Mazda Motor Corporation has announced that it will build its next midsize car for the North American market at its Hofu Plant in Yamaguchi prefecture, Japan, as part of efforts to increase global manufacturing efficiencies. The company will transfer production from its current location in Michigan, USA, to Japan, citing
Automobile industry
Dynamatic Technologies, a components manufacturer for major auto companies, has acquired German automotive component maker Eisenwerke Erla GmbH. The deal gives Dynamatic access to marquee customers in automotive and turbocharger markets, enhancing its design, development, and manufacturing capabilities. The acquisition also includes a 630-year-old foundry, which supplies to global automobile
