New registrations in Western Europe climbed by almost 6 percent, the U.S. auto market grew by more than 9 percent, and passenger car sales in China rose by 8 percent, according to a report by the Verband der Automobilindustrie (VDA).
After 20 years cooperating, the Volkswagen Group and its Chinese joint venture partner First Automotive Works (FAW) are extending their present partnership for a further 25 years, until 2041.
General Motors plans to achieve growth by 2020 with its Cadillac brand, expansion in China, and two refreshed passengers cars for the North America market to achieve growth of 10 percent operating profit, the automaker has announced.
Lincoln will introduce a large luxury sedan by the end of 2016, as well as an additional SUV in 2015 to fuel Ford's global growth goals, the company has announced.
General Motors has reduced carbon tailpipe emissions 5.2 percent in the past two years, the company announced in an annual sustainability report that presented its commitments for producing a greener fleet of vehicles in coming years.
State-owned bus company Zimbabwe United Passenger Company (Zupco) has all but fallen apart due to its financial straits.
California Gov. Jerry Brown joined a host of local, state and company officials at the unveiling of BYD’s first California-made, all-electric 40-foot rapid transit bus at a recent ceremony held at BYD’s new plant in Lancaster, Calif.
Beijing Foton Daimler Automotive Co., Ltd. (BFDA), a 50-50 joint venture between Daimler and Chinese manufacturer Foton Motor, recently celebrated the 150,000th production unit of the companies’ jointly produced Auman branded trucks.
At Auto China 2014, Ford Motor Company unveiled its all-new Ford Escort, which is being shown for the first time globally. The compact sedan was developed with the Chinese market in mind, according to the automaker.
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