Automotive

Chrysler makes changes to IPO registration statement

Chrysler amended some of the statements it made for its initial public offering filing. Chrysler Group made changes to its registration statement for its initial public offering.


Audi, Porsche and Volkswagen distributor set to expand in UAE

Al Nabooda Automobiles had set plans to expand its German car imports operations in Dubai and Sharjah.

GM denies problems with SAIC Motor Corp partnership

General Motors Co said there were no problems with its partnership with Shanghai Automotive Industry Corp.

Dongfeng wavering on PSA Peugeot Citroen investment

Despite saying the deal is finalized, a Dongfeng executive said it may take a bit more time before its completion.


Latest News

Like a death in the family, union members of PSA Peugeot Citroen factory located in Aulnay, France mourn the closure of the 40 year old plan.
Peugeot weighing options between a cost cutting partnership with GM or an expansion push with Dongfeng.
There would only be nine units built for the ultra-expensive Lamborghini Veneno Roadster. Lamborghini unveiled the Veneno Roadster, a drop-top version of the Veneno which was released earlier this year.
In a letter to presiding judge Sam Glasscock III, Apollo Tyres lawyer sought the dismissal of the case filed against them by Cooper Tire & Rubber Co.
The Department of Energy loan given to the now floundering Fisker was bought out by an investment firm headed by Richard Li.
Toyota voluntarily recalled vehicles made in 2012-2013 due to safety issues. Toyota said it would notify vehicle owners through first-class mail about the recall of some of its 2012-2013 car models.
Toyota Motor Sales USA voluntarily recalled some cars because of problems encountered with the airconditioning condenser unit housing.
The takeover of the Hysco businss ensures steady supply of steel for Hyundai Motor Corp. Parent company Hyundai Steel Co had laid out plans to take over the core business of its subsidiary Hyundai Hysco Co.
Harley-Davidson recalled some motorcycle units because of problems with its hydraulic clutch system.
Harley-Davidson voluntarily recalled several motorcycle models made between May to October this year.
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