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GM adds to coverage for certified preowned cars
Fri, 10 Jun 2011General Motors is changing up its certified used-vehicle program to include two years of oil changes, tire rotations and multipoint inspections, the company said on Friday. The Owner Care program kicks in on June 11 and covers certified preowned Chevrolet, Buick and GMC vehicles. GM will provide Owner Care for two years or 30,000 miles, whichever comes first.
Daimler takes 10 percent stake in EV maker Tesla
Tue, 19 May 2009Daimler AG has acquired an equity stake of nearly 10 percent of California electric car maker Tesla Motors Inc., the German automaker said Tuesday. The two companies have been working together to integrate Tesla's lithium-ion battery packs and charging electronics into the first 1,000 units of Daimler's electric Smart car. Daimler said its stake in Tesla will allow the companies to collaborate even more closely on the development of battery systems, electric drive systems and in individual vehicle projects.
Motor industry backs EU membership
Thu, 03 Apr 2014MOTOR MANUFACTURERS have given strong backing for the UK staying in the European Union, citing benefits including business links and free movement of labour. A survey by the Society of Motor Manufacturers and Traders (SMMT) showed that 92% of automotive firms believed that staying in the EU would be best for their business, although most wanted to see reforms. The SMMT said its study showed how EU membership benefited the industry, such as access to a single market and funding for research and development.