Aston Martin announces collaboration with Daimler for new engine production. Global luxury carmaker Aston Martin announced on Thursday that it is planning to sign a deal with Daimler's Mercedes-AMG GmbH unit for the release of a new line of bespoke v8 engines.
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World’s Largest Auto Manufacturers, Japan’s Toyota Driven to Lead Globally
Car manufacturers make a living out of the vehicles they make and sell. The industry is a fast paced one where the positions can change year in and year out. Here are the top 5 car manufacturers in the world for the year 2014.
GM's China JV recalls 38,328 Cadillacs on brake software glitch
General Motor Co's (GM.N) main Chinese joint venture is recalling 38,328 Cadillac sedans in China due to a glitch in brake control software, the country's quality watchdog said on Tuesday.
American powertrain supplier BorgWarner buys German firm Gustav Wahler
Auburn Hills, US-based powertrain supplier BorWarner bought Esslingen, Germany-based exhaust gas and thermostat producer Gustav Wahler GmbH & Co KG for an undisclosed sum to strengthen its position in the market.
Austria-based automotive software firm Incadea raises €14M to fund RCRBS acquisition
Salzburg, Austria-based automotive retail software provider Incadea PLC raised around £11.5 million (€14 million) through issuance of ordinary shares to partially fund the acquisition of Germany-based firm RC Real Business Solutions GmbH (RCRBS).
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Automaker Ford continues to improve in net profit for the fifth straight quarter. U. S. automobile company Ford Motor Co. reported a US $1. 23 billion net income for the second quarter of 2013.
