Brazil's government on Thursday disclosed a pack of initiatives aimed at boosting local industry, with a special focus on the automotive sector as it tries to modernize its fleet and reduce vehicle prices for consumers.
Italy's Emilia Romagna region will recover from the devastating floods that hit this week by taking from lessons learned from the 2012 earthquake, its governor said Friday, as the death toll from the disaster rose to 14.
Hyundai Motor and Kia Corp agreed to a consumer class-action lawsuit settlement worth $200 million over rampant car thefts of the Korean automakers' vehicles, lawyers for the owners and the automakers said on Thursday.
Britain's finance minister Jeremy Hunt on Wednesday said the country needs to have electric vehicle (EV) battery making capacity, speaking at a British Chambers of Commerce event.