LONDON (AFP) - Lotus have set their sights on a top-three finish in this year's Formula One (F1) world championship after becoming the first team to unveil their car for the forthcoming campaign.
YOKOHAMA, Japan (REUTERS) - Nissan Motor on Monday unveiled its second-generation Note model, aiming to boost the distant laggard in Japan's compact car market led by Toyota and Honda.
PRAGUE (AFP) - Global passenger carmakers operating in the Czech Republic raised output by 4.79 per cent against 2011 in the first half of the year, for a record-high 662,529 cars, trade data showed on Monday.
INGOLSTADT, Germany (REUTERS) - Audi plant manager Peter Koessler beams with pride as he points to a line of cranes towering above the carmaker's flagship site in Germany, where it is investing hundreds of millions of euros in a bid to take on rivals like BMW and Mercedes-Benz.
FRANKFURT (REUTERS) - Daimler will invest another 600 million euros (S$925 million) by the end of 2013 in its Rastatt plant in Germany, where it will add a third shift starting in October to meet demand for its line of compact Mercedes-Benz premium cars.
JAKARTA (REUTERS) - Indonesia's domestic car sales rose 45 per cent in June from a year ago to a monthly record of 101,743 cars, the Indonesian Automotive Industry Association (Gaikindo) said on Monday.
FRANKFURT (REUTERS) - Just hours after General Motors (GM) abruptly fired Mr Karl-Friedrich Stracke as chief executive officer (CEO) of Opel last week, industry observers were already beginning to ask whether it was time to start writing the troubled European unit's epitaph.
WASHINGTON (AFP) - Ford is recalling about 8,270 2013 Escape sport utility vehicles (SUVs) due to a problem with carpet padding that can interfere with braking, the National Highway Traffic Safety Administration (NHTSA) said on Sunday.
PARIS (REUTERS) - French President Francois Hollande said on Saturday Peugeot must renegotiate a plan to lay off 8,000 workers to lessen its social impact and accused the carmaker of lying over its intentions and making serious strategic errors.
FRANKFURT (REUTERS) - Opel interim chief executive Stephen Girsky said changes have to be made at the carmaker to revitalise it, the German daily Bild said on Saturday, citing his e-mail to staff.