Serial production of electric vehicles in Kazakhstan postponed
Serial production of electromobiles has been postponed for an unspecified period of time, though promises were made of a quick launch.
Renault chief sees Europe auto market slowing in 2015
French carmaker Renault chairman, Carlos Ghosn, said that he expects slower growth in Europe's auto market next year.
Kia to open $1 billion car assembly plant in Mexico
South Korean carmaker Kia Motors on Wednesday announced plans to build its first auto assembly plant in Mexico.
France's Peugeot gets approval for China plant: report
French auto maker PSA Peugeot Citroen's fourth plant in China has been approved for the southwestern city of Chengdu by local authorities.
Mercedes-Benz accused of 'price-fixing': China media
China has accused Mercedes-Benz of price-fixing, state media reported, amid an anti-monopoly investigation into foreign carmakers.
Ferrari sells for record $38 mln
A red 1962 Ferrari 250 GTO Berlinetta, said to be one of only a handful, was snapped up for $38.1 million in California.
Electric cars fail to rev up car-mad Germans
Germany is ranked the most fuel-efficient country on the planet, but when it comes to electric vehicles, Europe's top economy is in the slow lane.
Nissan says April-June net profit jumps 37% on-year to $1.1 bn
Nissan said Monday that net profit for the April-June quarter soared 37 percent to $1.1 billion, crediting robust overseas demand that offset weaker sales at home.
Formula One: S.Africa's Kyalami track to be sold
South Africa's Kyalami racetrack, which hosted Formula One Grand Prix races for nearly two decades, will be sold and could be lost to motorsport, auction organisers said.