Frankfurt (Reuters) - BMW aims to overtake rival Mercedes-Benz in terms of annual deliveries within two years, Chief Executive Harald Krueger told German monthly Manager Magazin. “In 2020 we will be the No.1 in terms of unit sales again. I am holding my team to that target, even if it won’t be
Vehicle
Mazda vows to stay independent despite deeper ties with Toyota
Detroit (Reuters) - Japan’s Mazda Motor Corp on Wednesday said that while it is deepening its development and production partnership with Toyota Motor Corp, the small automaker would remain a company independent from its much bigger rival. Mazda and Toyota last week said they will build a $1.6 billion joint assembly plant
Ford gives disappointing outlook, says turnaround to take years
Detroit (Reuters) - Ford Motor Co on Tuesday estimated financial results for 2017 and 2018 that fell short of investor expectations, in a downbeat forecast that contrasted with a more positive outlook from rival automaker General Motors Co. Ford Chief Financial Officer Bob Shanks told analysts at an investor conference in Detroit
Jeep updates Cherokee compact SUV to compete in hot market
U.S. automakers bet on diesel trucks after VW scandal
General Motors Executive Vice President for Global Product Development Mark Reuss talks about the 2019 Chevrolet Silverado pick-up truck at Eastern Market before the start of Press Days of the North American International Auto Show in Detroit, Michigan, U.S., January 13, 2018. REUTERS/Rebecca Cook DETROIT (Reuters) - U.S. automakers are unveiling
Volkswagen brand car sales hit record 6.23 million in 2017
Detroit (Reuters) - Volkswagen’s core autos division increased vehicle sales to a record 6.23 million cars last year, as rising demand for VW brand models in the Americas and the key Chinese market offset a decline in western Europe. Although the emissions test-cheating scandal of September 2015 has cost the German group
Innoson vehicles provide Nigerian Army the Logistics to fight terrorism
To make good on its promise, the Nigerian Army has started taking delivery of some of the vehicles it has ordered from Innoson Motor Manufacturing Company, a local vehicle manufacturer, which the Army has configured fit for deployment for its counterterrorism Operation Lafiya Dole. Nigerian Army made this known to newsmen
GM’s latest car gives up steering wheels, pedals — and human control
General Motors just unveiled a self-driving car with no steering wheel or pedals - or basically any other manual controls. It's called the Cruise AV The future of driving doesn’t involve driving — at all. That’s the big takeaway from a first peek inside General Motors new autonomous car, which lacks the
Reinvented Ranger pickups will move Ford into midsize truck market
Volkswagen plans to double output from Kenya plant, Kenyan presidency says
Technicians work on a Polo Vivo at the assembly plant in Kenya's Thika industrial area Nairobi (Reuters) - German automaker Volkswagen (VW) plans to double output at its Kenyan assembly plant and could build a second model there, Kenya’s presidential office said without giving a timeline. VW set up the vehicle assembly plant