Caterham owner Tony Fernandes plans to sell the Caterham group of automotive and engineering companies, the Edge Malaysia newspaper reported.
Category Archives: General Talk
48 V micro-hybrid market will pass 7M vehicles in 2024
According to a new forecast by Lux Research, the likely 48 V micro-hybrid market will exceed 7 million vehicles in 2024, with the first adoption year beginning in 2015 and more focused on premium vehicles, in which cost sensitivity in order to reach regulation targets without sacrificing performance is lower.
US gains trade victory in auto dispute with China
The United States has scored a victory before the World Trade Organization in a case that challenged China’s imposition of penalty tariffs on the sale of $5 billion in U.S.-made vehicles in China.
A WTO panel ruled Friday that China’s tariffs violated international trade rules. The ruling came during a week when the U.S. Justice Department charged five Chinese military officers with hacking into U.S. companies’ computer systems to steal trade secrets.
US 4-year auto theft, insurance scam investigation leads to arrests
A four-year investigation ended Friday with 12 arrests, and more expected, in connection with a million-dollar auto theft ring that allegedly ripped off car dealerships and insurance companies in the Los Angeles area.
Renault starts assembly of Fluence in Malaysia
Renault is stepping up efforts to grow market share in Southeast Asia by starting local assembly of the Fluence compact sedan in Malaysia.
