Hyundai is preparing to enter the European commercial van market with a Turkish-built vehicle, a source said, adding to signs that Renault and PSA/Peugeot-Citroen could lose their grip on a lucrative part of the auto industry.
Hyundai will debut a large van at September’s Hanover truck show and begin production with Turkish partner Karsan next year, a person familiar with the plan told Reuters. Hyundai declined to comment.
BMW Group may build Minis alongside BMW 3-series and 1-series cars at a new plant in Mexico, a German newspaper reported.
A new dedicated track car, quite literally aimed at the PlayStation generation, the BMW Vision Gran Turismo can only be driven by players of the sixth installment of the leading racing simulator title.
Porsche SE may win a second victory in a legal battle with investors over its aborted takeover of Volkswagen Group after a judge said its actions were “sly” but not necessarily illegal.
The Stuttgart-based holding company is fighting German lawsuits seeking a combined €5 billion ($6.9 billion) over its aborted takeover of VW.
As you may already know, the world’s hippest electric car maker, Tesla (NASDAQ: TSLA), is about to broaden its revenue profile by building the world’s biggest rechargeable battery production facility.
