Aston Martin, producer of some of the world's most expensive cars, will recall 111 vehicles on the Chinese mainland due to a faulty tire-pressure monitoring system, a media report said. The affected models are imported DB11s manufactured between November 9, 2016, and May 26, 2017, Xinhua news agency cited the General Administration of Quality Supervision, Inspection and Quarantine as saying on Monday. The model has a faulty monitoring system which may fail to work when tire pressure levels are low and could lead to potential risks, the department said in a statement on its website. The recall will begin on August 1 and all faulty parts will be repaired free of charge. indiatimes ...

Swedish truck maker Volvo has attracted two bidders for its armoured vehicles maker Renault Trucks Defence (RTD) worth roughly 500 million euros ($573 million), people close to the matter said. The company put the unit up for sale late last year as it sheds non-core assets to reduce complexity across a group built through a series of large acquisitions. It has already sold its aerospace unit and external IT operations as well as a large real estate portfolio. French-German tank maker KNDS, which evolved from the merger of Nexter and Krauss-Maffei Wegmann, is expected to hand in an offer for RTD by a July 24 deadline, as is Belgian group CMI, the sources told Reuters. Private equity groups which initially expressed interest in RTD are not expected to take part in the auction, which is organised by Rothschild, they added. The French government favours an industrial buyer rather than a financial investor, a source close to the defence ministry told Reuters last month. Volvo, KNDS and Rothschild declined to comment. A CMI spokesman said the company is interested in RTD.......

Yandex, the 'Google of Russia', and Uber have agreed to merge their ride-sharing businesses in Russia and five eastern European markets with Yandex as leading partner, the companies said on Thursday, marking another pullback from Uber's breakneck global expansion that comes a year after its exit from China.

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BORGWARD Group AG, the global automotive manufacturer, has unveiled details of its new production facility in Germany that, in the future, will supply automobiles to key global markets including the Middle East.

The homecoming of the brand marks its rebirth guided by the BGW strategy - BORGWARD brand, German engineering and worldwide footprint. With the superior products of German design, BORGWARD is dedicated"...

FRANKFURT: Germany is considering 'effective measures' to cut pollution from diesel engines, the transport ministry said on Saturday, reacting to a media report saying planned goals were unambitious. German magazine Der Spiegel reported that, after pressure from the auto industry, Berlin was planning to allow car makers to shut off emission control technology once outside temperatures fall below 10 degrees. Germany's annual average temperature was 9.4 degrees in 2016. The transport ministry said in an emailed statement that no decisions had been taken though discussions were continuing.'The reporting by Spiegel is wrong,' it added. Germany is working on a national plan to cut pollution from diesel engines and set up a new organisation to test vehicles to try to restore consumer confidence after Volkswagen's emissions scandal. The moves come as the German government......

Germany: When Volkswagen boss Matthias Mueller vowed to reform the carmaker after its emissions scandal, decentralising power from its Wolfsburg headquarters in Germany was a top priority.

That commitment is now being put to the test in one of the company's most important international projects: building a low-cost car for India.

Mueller"...

(ME NewsWire)-- Nissan Motor Corporation has selected Bose for a 2017 Global Supplier Award in the field of automotive innovation for creating the first-of-its-kind Bose® Personal® sound system in the all-new Nissan Micra.

Each year, Nissan recognizes quality, excellence, and innovation from its global network of suppliers. And Bose is just one of eight suppliers -- among the thousands of companies"...

BMW staff in Britain have struck a deal over pensions, a union said Monday, ending a months-long dispute and threat of more strikes at the German car giant's plants. Members of the Unite union making BMW's Mini and Rolls-Royce cars at four factories voted to accept a revised offer. 'Unite members have overwhelmingly backed the revised pension offer bringing this long-running dispute to an end,' the union's national officer Fred Hanna said in a statement. A BMW spokesman expressed satisfaction that the company's offer had been accepted by 81.5 percent of Unite members who voted. 'This outcome follows lengthy negotiations between the company and employee representatives since September last year,' he added. indiatimes ...

Honda Motor Co said on Monday it had confirmed an 11th U.S. death involving one of its vehicles tied to a faulty Takata Corp air bag inflator. The Japanese automaker said the incident occurred in Florida in June 2016 when an individual was working on repairs on a 2001 Honda Accord and the air bag ruptured. At least 17 deaths and 180 injuries worldwide are now tied to the defect that prompted the largest ever auto safety recall and led Takata to file for bankruptcy protection last month. Takata inflators can explode with excessive force, unleashing metal shrapnel inside cars and trucks The Honda Accord was among a group of more than 300,000 unrepaired recalled Honda vehicles equipped with inflators with a substantial risk of rupturing. Honda said the vehicle's registered owners had received at least 12 recall notices but never got recommended repairs. The individual working on the vehicle......

Mitsui & Co, which is part of Japanese conglomerate Mitsui Group, has invested about Rs 20-crore in Hyderabad-based automotive technology startup Smart Auto Systems in a Series-A round, according to documents filed with the Registrar of Companies (ROC). Bootstrapped since its inception in 2015, this is the first infusion of external capital in the company, and will be used to further build out its technology platform, and expand its geographical presence, according to a source close to the deal. 'It is a technology company for automotive repair and maintenance. The funds will be used for technology and geographic expansion of the company,' the person cited above told ET. 'Mitsui is a strategic investor in Smart Auto Systems.' The transaction was completed a couple of months ago and three members of the strategic investor joined Smart Auto Systems' board of directors,......