AUTO

The Chinese government is said to be looking to prepare at least 10 million car parking spots for electric vehicles by 2020 in a new comprehensive policy due to be announced soon, a top executive at a local automaker said on Thursday.

When carmakers like BMW say they hope people find their next car at auto shows like the one in Detroit this week, this wasn't exactly what they meant.

A number of states are altering electricity prices to make people use less, but that may have the effect of discouraging people from buying plug-in vehicles, according to a study from Purdue University.

Porsche AG, Stuttgart, opened the North American International Auto Show Monday with the World Premiere of the Porsche 918 RSR.

GM-owned Vauxhall Motors announced Friday that the company has extended its 'Lifetime Warranty' benefit to its second owners under the Network Q used car programme.

French automaker Renault, which just suspended three senior managers for possibly leaking secrets about its electric car project, has said that industrial espionage poses a grave threat to the company’s “strategic assets.”

Automobile sales in Brazil reached record high for the fourth consecutive year in 2010, as the country is expected to witness the fastest growth in more than two decades.

The stars of motoring show 'Top Gear', one of the BBC's biggest selling programme brands around the world, have landed in a religious row for dressing up in burkas on the Boxing Day special.

German automaker, Audi, has announced that the company has broken its record for annual vehicle sales in the U.S. recording its 93,507th transaction on December 13, 2010.

German automaker, Porsche has extended the deadline for people to be part of its 1,000,000 fans celebration on its official Facebook page till January 15, 2011.

China will cease offering tax incentives for small cars from next year, as the government plans to end stimulus measures, said a report on Monday.

Toyota Motors has filed a law suit for damages against General Motors Co.'s against bankruptcy estate over the closure of their joint manufacturing plant in California.

General Motors India said announced it has crossed 100,000 unit of sales in Indian market and this is the first time it has crossed this mark in a calendar year since its inception in India.

Nissan Motors Co would be the world's first hybrid to come equipped with standard pedestrian warning sounds for its new 2012 Infiniti M35h, when it goes on sale at Infiniti retailers nationwide in early 2011, the carmaker said in a statement.

Saudi tycoon prince Alwaleed bin Talal al-Saud, has invested $500 million in General Motors' initial public offering.

General Motors-owned Chevrolet, will invest $40 million in various clean energy projects throughout America with a goal to reduce 8 million metric tons of carbon dioxide emissions.

BMW is voluntarily recalling 350,000 cars worldwide due to a possible brake problems that the world's biggest premium carmaker said have not caused any accidents.

General Motors Co posted an annual sales gain of 10.5 percent in September amid evidence that the U.S. auto market remained stuck in a slow-moving recovery at the start of the fourth quarter.

Top automakers finally have electric cars ready to purr into dealer showrooms. Now the question is whether the charging infrastructure and electricity supply are up to the task.

Europe's luxury carmakers fear no double-dip thanks to a fresh supply of wealthy customers in emerging markets who have just earned enough money to buy their first Mercedes-Benz or Ferrari.

Automakers would have to achieve sharply higher fuel economy -- between 47 and 62 miles per gallon -- by 2025 under a preliminary plan released by the Obama administration

The initial public offering of U.S. automaker Chrysler is expected in the second half of 2011 and it will be in more than one tranche.

Fisker Automotive has begun to put the pieces in place for an eventual IPO and expects to begin delivering its plug-in hybrid Karma luxury sport coupes to customers in March

Top carmakers let cautious optimism creep into their outlooks at the Paris Auto Show on Thursday, pinning hopes on emerging markets to dispel dark clouds over major western economies.

Electric carmaker Tesla Motors will serve as a key supplier to Toyota Motor Corp under its agreement with the Japanese automaker to build an electric Rav4 SUV

Italy's Fiat will close 2010 with a net profit, beating its break-even target, CEO Sergio Marchionne said, as the carmaker sees a brighter future after the industry crisis and prepares for possible tie-ups.

Volkswagen is slightly more optimistic on the global car market's outlook now and still expects to outperform the worldwide market, the German carmaker's sales chief Christian Klingler said.

Ford Motor Co could take its Lincoln brand to international markets within five years once it has re-established the long-neglected luxury label in the United States, Chief Executive Alan Mulally said.

General Motors' European arm Opel sees a chance it may return to profitability next year, excluding restructuring charges, and now expects a smaller 2010 loss, the unit's chief executive said.