GM, JLR suspend car deliveries to Russian dealers

HAMBURG/PARIS - Carmakers including General Motors and Jaguar Land Rover have stopped delivering to Russian dealerships in response to the sharp slide in the value of the rouble.

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KIA, Och-Ziff others pledge $2 billion for Dalian Wanda's up to $3.86 billion IPO: source

HONG KONG - Kuwait Investment Authority (KIA) and Och-Ziff Capital Management Group Ltd are among the group of 11 investors that have committed about $2 billion towards Dalian Wanda Commercial Properties Co Ltd's Hong Kong initial public offering (IPO), a person with direct knowledge of the matter told Reuters.

07 Dec 2014

BMW tries to succeed where Daimler failed with London car-share scheme

LONDON - BMW launched its car-sharing service in London on Thursday, barely six months after fellow German carmaker Daimler said it was shutting its equivalent initiative in Britain.

End of the road for Delhi's old cars as India battles smog

NEW DELHI - The National Green Tribunal has banned all vehicles older than 15 years from the streets of the capital, New Delhi, in a bid to clean up air that one prominent study this year found to be the world's dirtiest.

Takata has yet to find 'root cause' of air bag ruptures - exec

WASHINGTON/DETROIT - Japanese auto parts supplier Takata Corp on Wednesday acknowledged that it still does not understand what is causing air bag explosions that have hurtled metal shards into vehicles but insisted that calls for a broader recall to remedy the problem were misguided.