The number of new cars registered in Europe grew for the 10th consecutive month in June, according to industry data published Thursday, adding to evidence the embattled sector is recovering.
A valet at a five-star hotel in the Indian capital caused $335,000 worth of damage to a Lamborghini Gallardo after crashing it into a concrete wall in front of horrified guests, a report said.
General Motors will invest $740 million in Argentina through 2016 on its first South American factory turning out aluminum motors, Buenos Aires announced.
According to the Association of Kazakhstan Auto Business (AKAB) president Andrey Lavrentiyev, it takes $425 million to introduce recycling of used cars in Kazakhstan.
General Motors on Monday recalled 3.4 million cars in North America to fix an ignition problem that could cause the car to lose power that is linked to injuries.
Ferrari chairman Luca di Montezemolo may pull his team out of Formula One because it "isn't working" and the Italian firm may switch to sports-car competition, he told Friday's Wall Street Journal.
General Motors chief executive Mary Barra said Thursday that the company has fired 15 mostly senior executives over the deadly ignition scandal that has placed the automaker under federal investigation.
US automaker Ford Motor issued safety recalls Thursday for nearly 1.4 million cars in North America, mostly in the US, to fix potential steering and other problems.
The WTO on Friday rejected Chinese tariffs on US-made luxury cars, handing Washington a victory on one of the growing number of disputes between the world's two largest economies.
Toyota on Friday said it is recalling about 520,000 vehicles, mostly in North America, over several issues including cable corrosion that could see unused spare tyres fall off.
The US auto safety regulator Friday imposed a record $35 million fine on General Motors for its failure to promptly recall cars with ignition faults linked to at least 13 deaths.
Formula One faces a serious cash crisis if it does not introduce serious cost-cutting measures, Williams' deputy team-principal Claire Williams warned.
US automakers Ford and Chrysler recalled on Friday hundreds of thousands of vehicles, most of them in North America, to fix faulty software and mechanical problems.
From Steve McQueen to "The Fast and the Furious", the Mustang has long cruised through American pop culture, but Ford is hoping its snarling sports car will find a new generation of fans as it turns 50: in China.
Leading automakers gathered in Beijing Sunday for China's biggest car show, expressing confidence in the world's largest car market even though lacklustre economic growth and environmental restrictions have generated uncertainty.