Volvo Car Group plans to export a Chinese-made midsize sedan this year to the United States, and is starting to weigh the possibility of building a vehicle factory in the United States, people familiar with the Chinese-owned automaker’s plans said.
Automotive
GM sees improved profit in 2015 on China, U.S. growth
General Motors Co (GM.N) on Wednesday forecast its 2015 operating profit will increase from last year due mostly to growth in its two largest auto markets, China and the United States.
Toyota ends freeze on expansion, looks at three new plants
Toyota Motor Corp (7203.T) is ending a three-year freeze on building new vehicle assembly plants and is looking to open two new assembly plants in China and another in Mexico, four executives familiar with the company's plans said.
Tesla to hike electric car output to 'a few million' by 2025
Tesla Motors Inc (TSLA.O) plans to boost production of electric cars to "at least a few million a year" by 2025 from fewer than 40,000 last year, Chief Executive Officer Elon Musk said Tuesday.
Hyundai Motor executives to sell $1.25 billion stake in logistics affiliate
Hyundai Motor Co's chairman and vice chairman are seeking to raise about $1.25 billion by selling shares of Hyundai Glovis, a person familiar with the matter said, a move that could smooth succession in the family-owned conglomerate.
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Demands for compensation from Chinese car dealers hit by a market slowdown have become an industry-wide issue, BMW's board member for sales said on Friday, adding relations were not simply about "holding hands and walking into the sunset."
Daimler (DAIGn.DE), maker of Mercedes-Benz and Smart-branded cars, said deliveries rose 11.4 percent in 2014, to a record 1,739,854 cars, thanks to a 30 percent sales jump in China and 25 percent higher registrations of Mercedes compact cars.
Google Inc (GOOGL.O) may be moving into the U.S. auto insurance market with a shopping site for people to compare and buy policies, an analyst said on Thursday, as it continues to shift its attention to the automotive industry.
General Motors Co's (GM.N) luxury Cadillac brand has cut the price most customers will pay for its 2015 CTS to counter slumping demand in the United States for the marquee sedan.
Automakers and Silicon Valley upstarts are kicking their efforts to define the car of the future into a higher gear, even though many of the players disagree about what that car should be.
Germany's Daimler AG wants to reset consumers' expectations about self-driving cars with its futuristic Mercedes-Benz F 015 concept, unveiled Monday evening at the annual Consumer Electronics Show in Las Vegas.
France's floundering economy pushed car sales 6.8 percent lower year-on-year in December, while Spanish sales jumped by 21.4 percent, helped by a subsidy scheme, and also rose in Italy, according to auto industry associations.
Hyundai Motor Co (005380.KS) and affiliate Kia Motors Corp (000270.KS) aim to lift global vehicle sales by 2.5 percent in 2015, as capacity constraints and a weak market recovery set up the South Korean pair for their slowest expansion in 12 years.
General Motors Co on Thursday announced three new recalls affecting nearly 84,000 sport-utility vehicles and pickup trucks, saying their ignition systems may have problems that could affect engine power and air bag deployment.
