Ford adding 1,000 new jobs at its Oakville Assembly in Ontario
Ford will be generating 1,000 new jobs at its Oakville Assembly in Ontario, Canada, transforming it into one of its most competitive and advanced...
Canadian executive gets 15-year prison sentence in Cuba
Cy Tokmakjian, 74, a Canadian automobile executive has been sentenced in Cuba to 15 years in prison. He was found guilty of corruption, Cuban...
Tesla is rolling out a series of new software upgrades
Tesla Motors is rolling out a number of new software upgrades to enhance and make its Model S electric sport sedan more personalized.
The new...
Fiat Chrysler merger plan jumps shareholder hurdle
The Fiat Chrysler merger plan was blessed earlier this week because not enough shareholders tendered their stock to undermine the reorganization. In other words,...
US May auto sales hit 9-year high
US May auto sales hit a nine-year high, driven by strong demand for pickups and SUV’s. Toyota, Nissan and Chrysler reported double digit increases...
Tata Motors profit surge
Tata Motors profit tripled to 53.98 billion rupees ($882 million) in fiscal Q1 compared to 17.26 billion rupees a year earlier, surprising analysts with...
Renault half year sales rose 4.7 percent
Renault half year sales increased by 4.7%. Strong performances of the Clio, Duster phase 2, Sandero and Captur models in Europe helped offset the...
UK soaring car sales, May 2014
UK soaring car sales registered their 27th successive month of growth in May, breaking the last 26-month stretch of growth set in the late...
Ford recalls 1.4 million cars
Ford recalls 1.4 million cars in North America because of power steering loss and corrosion problems. Other car companies have also recalled millions of...
European car sales up 4.6 percent in April
European car sales increased by 4.6% in April 2014 compared to April 2013, its eighth successive month of growth, but down on March’s 10.6...