Russia’s largest automaker AvtoVAZ, will offer investors 9.25 billion rubles ($158 million) worth of shares in a secondary share offering, Interfax news agency noted. AvtoVAZ is offering shares at 10.3
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German automaker Audi’s Hungarian unit has reached an agreement on wage rises for the next 2 years with the regional AHFSZ union, which revealed the deal on Friday. Automobile production
Argentina’s government prepares to sign by the end of March an agreement with the vehicle sector and unions to reduce labor costs, enhance productivity and bring investment, an executive and
Renault and alliance partner Nissan are ready to forge closer capital ties however will only do so if France sells its Renault stake, CEO Carlos Ghosn stated. The remarks are
Ford Motor is investing $1 billion on the world’s self-driving vehicle future. The automaker revealed Friday that it would assign that amount over 5 years to a brand-new autonomous cars
Infiniti’s second-generation QX50 crossover, spotted testing in Arizona having black camouflage disguising its outside styling. The QX50, originally referred as the EX35, is Infiniti’s compact two-row SUV. Crossovers are where
The United Automobile Workers (UAW) union on Friday stated it had been approached by employees at Tesla Inc‘s Fremont, California, assembly plant, declining a charge by the chief executive of
Daimler India Commercial Vehicles (DICV) a wholly-owned Indian subsidiary of Daimler AG declares 2016 to be a successful year for their organization. In spite of a blended year in its
From the slow-motion rollout that Fiat Chrysler is providing its newest performance model, it is clear that the brand-new Dodge Challenger SRT Demon will be really fast. The automaker is
Among India’s the most iconic car brands has been offered by Hindustan Motors to the French automaker Peugeot for a $12 million (80 crore rupees), officials stated. The Ambassador car
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