The three-vow version of the Volkswagen Tiguan will hit showrooms from Puebla, Mexico in 2017.
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Amid a pay dispute between itself and the U.K. trade unions, Jaguar Land Rover is considering Turkey and Austria over North America for a new factory.
Hyundai is preparing to enter the U.S. commercial vehicle market through an investment plan to strengthen its current commercial business by 2020.
Hoping to encourage federal investment, Volkswagen is putting up $10 million for EV charging stations to be ready by 2016.
FCA US’ Windsor Assembly Plant is about to undergo the most extensive renovation since the 1980s, all to ready the plant for the automaker’s new minivan.
Honda announced Tuesday it would invest $340 million into its Anna, Ohio engine plant to help increase production of its family of fuel-efficient engines.
General Motors will invest $5 billion through 2018 into its Mexican facilities to help double production capacity.
Its looks leave the B&B cold, and is powered by a fuel whose infrastructure leaves a lot to be desired. So, how popular could the Toyota Mirai possibly be? Better than you’d expect.
General Motors is gearing up to spend $63 million on expanding its Lansing Delta Township plant — home of the GMC Acadia, Buick Enclave and Chevrolet Traverse — as part of an overall $300 million improvement plan involving the automaker’s Michigan properties.
Over the next five years, every Lincoln in the showroom presently will either be redesigned or replaced as part of an overall effort by Ford CEO Mark Fields to return to the premium brand to glory.
Daimler wasn’t the only to sell its Tesla shares last week, as Toyota has done the same with some of its shares in the company.
Over five years ago, Daimler AG acquired a 9.1 percent interest in Tesla, gaining 1,000 battery packs for its Smart EV in exchange for helping to put the Model S on the road to production.
Wednesday, Daimler sold its remaining 4 percent in the company, netting $780 million for the trouble.
Though carbon fiber is being used more extensively in new vehicles, the high costs associated with building a vehicle out of the material have kept it to the likes of the Lexus LFA and BMW i Series. This could soon change, however.
Just how much will Panasonic throw down on the table when it comes time to invest in Tesla’s new Gigafactory near Reno, Nev.? According to CEO Kazuhiro Tsuga, “tens of billions” of yen.
According to the financial overlords of Goldman Sachs, Tesla would need an $6 billion in capital within the next 11 years should its products become truly disruptive to the automotive industry.
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