An Australian company says it's producing the world's first carbon-fiber wheels. The lighter and stronger carbon-fiber wheels should improve handling, acceleration, and fuel mileage – although they're an expensive upgrade.
Reuters reported Monday that the Chevy Volt costs GM up to $49,000 per unit. Now some are disputing the figure, saying that it doesn't reflect the cost of each Volt over the entire production run.
After a rough year that included an earthquake, devastating flooding, and a high-profile recall, Toyota has regained its throne as the top-selling car company in the world for 2012.
Gas prices could hurt the auto industry. It is banking on hybrids and other 'green' cars to buffer the blow from a further rise in gas prices.
While much of Europe is wary of the bear to the east, Germany continues to pull Russia into European culture and business, although some recent bilateral deals have faltered.
The sale of Opel to a Russian-Canadian consortium has prompted allegations that Germany's Merkel sweetened the deal to retain jobs at the expense of other Europeans.
Partnerships with West have given it needed technology; now it's the world's biggest car market, having passed the US this year.
The sale of GM's European unit to a Canadian-Russian consortium could help diversify Russia's energy-focused economy.
Thirteen years old, Foton is the second-largest commercial-vehicle producer in the world – and is nipping at the heels of German powerhouse Daimler-Benz.