BMW i Ventures, a unit of BMW Group, will invest in Chargemaster, a UK provider of electric vehicle charging points.
Monthly Archives: July 2013
Toyota set to retain title of world’s top automaker for first half
Toyota looked set to retain its title as the world’s top-selling carmaker in the first half of 2013, company figures showed, outpacing General Motors and Volkswagen as it boosted overseas sales to a record high.
Jobless Parisians mean fewer car sales in French market slump
With unemployment in France rising and consumer confidence at a record low, auto sales in the country have tumbled more than any other major European market this year.
ZF to invest $215 million to build 8- and 9-speed transmissions in S.C.
ZF’s South Carolina transmission plant is forecast to annually produce 1.2 million units — 400,000 8-speeds and 800,000 9-speeds — once the expansion is completed in 2016.
NADA takes CFPB tips to task
The National Automobile Dealers Association minced no words this week when asked for a comment on the Consumer Financial Protection Bureau’s new “Ask CFPB” consumer education Web site.
