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.
PRAGUE (AP) - Czech carmaker Skoda Auto, a part of German manufacturer Volkswagen, says its unit sales rose by 15 per cent in 2011 to reach a record high.
SEOUL (REUTERS) - Hyundai Motor's vice-chairman said the South Korean automaker had no immediate plans to launch a separate premium brand in a bid to bolster its brand image, brushing off speculation that such a move was on the cards.
NEW DELHI (REUTERS) - The Nano is not a flop, its creator Ratan Tata said on Thursday, but he acknowledged that his Tata Motors failed to capitalise on the early excitement surrounding the launch of the world's cheapest car.
TOKYO (AFP) - Japan's domestic sales of new cars, trucks and buses slumped 15 per cent in 2011 mainly due to the huge disruption sparked by March's quake and tsunami, industry groups said on Thursday.
CHICAGO (AFP) - Detroit's Big Three automakers posted solid December United States (US) sales on Wednesday, driving a strong 2011 performance and expectations for an even better 2012 as the industry slowly climbs out of a deep downturn.
DETROIT (REUTERS) - Fiat has increased its stake in Chrysler Group by 5 per cent to 58.5 per cent as it committed to build a highly fuel-efficient car at a United States (US) plant, the two companies announced on Thursday.
MUMBAI (REUTERS) - To kick sales of its ultra-low-cost Nano into higher gear, Tata Motors needs a lot more buyers like Mr Vijay Govind Pisal, a sugar cane farmer in Ozarde in the western Indian state of Maharashtra.
LONDON (AFP) - German-owned British luxury carmaker Bentley said on Tuesday that its sales surged last year on the back of strong performances in China and the United States, the world's two biggest auto markets.
LONDON (AFP) - Japanese auto giant Nissan on Wednesday said that its factory in Sunderland, north-east England, produced more than 480,000 cars last year, a record high for a British plant.