GM to Open IT Innovation Center near Atlanta
General Motors will hire approximately 1,000 high-tech workers to staff a new Information Technology Innovation Center near Atlanta. The automaker needs software developers, project managers, database...
View ArticleFiat, Mazda Sign Deal to Build New Roadster in Japan
Fiat and Mazda announced the signing of the final agreement which will see Mazda produce an open-top two-seater sports car for Fiat’s Alfa Romeo brand at its Hiroshima, Japan, plant starting from 2015....
View ArticleSK Continental E-motion Launches Global Lithium-Ion Battery Business
South Korean SK Innovation and German automotive supplier Continental will invest 270 million euros in the next five years in its joint venture SK Continental E-motion, which has officially started...
View ArticleBMW, Toyota Sign Agreement for Fuel-Cells, Sports Car, EV Batteries
BMW and Toyota are pursuing their strategic long-term cooperation in the field of sustainable mobility today by signing binding agreements aimed at long-term collaboration for the joint development of...
View ArticlePSA and GM Outline More Strategic Alliance Details
PSA Peugeot Citroen and General Motors provided some further details of their strategic alliance, including plans for shared new product development and joint purchasing in Europe. Peugeot Chief...
View ArticleDaimler, Nissan, Ford, Team Up on Fuel Cell Electric Vehicles
Daimler, Nissan and Ford have signed a unique three-way agreement aimed at speeding up the commercialization of fuel cell electric vehicle (FCEV) technology and significantly reduce investment costs....
View ArticleWanxiang Approved to Buy A123 Assets
Chinese auto parts maker Wanxiang Group Corporation said Tuesday that the Committee for Foreign Investment in the United States has approved its purchase of most assets of failed battery maker A123...
View ArticleGM Investing $200M to Expand Powertrain Engineering
General Motors will invest $200 million into its Global Powertrain Engineering Headquarters in Pontiac, Mich. to build a new 138,000 sq.-ft. test wing, which is expected to be completed during the...
View ArticleNissan to Build New Passenger Car in Barcelona
Nissan has announced that it has allocated production of a new passenger car to its manufacturing plant in Barcelona. Production will begin in July 2014. Barcelona won the bid shortly after reaching a...
View ArticleGreen Automotive to Acquire UK-based Going Green
Green Automotive Company, having recently acquired Liberty Electric Cars Ltd in Europe, announced that it has signed a binding agreement to buy UK-based electric vehicle distributor Going Green...
View ArticleFord Invests $200M in Cleveland Engine Plant
Ford Motor Company will invest nearly $200 million and add 450 new jobs at its Cleveland Engine Plant to meet rising consumer demand for the award-winning 2.0-liter EcoBoost engine. Production of the...
View ArticleChrysler $374M into Fuel-Efficient Transmissions
Chrysler Group LLC will invest nearly $374 million to boost fuel-efficient transmission production and add about 1,250 new jobs in north-central Indiana, making it the largest transmission installation...
View ArticleBMW i Ventures Invests in Life360
The BMW Group’s venture capital arm, BMW i Ventures, is announcing a new investment in the mobile technology company Life360. This will increase the number of mobility services providers which already...
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