Toyota has confirmed a deal to purchase Daihatsu Motors, which will now become a subsidiary operation. Cars will still be sold under the Daihatsu brand, but it will now be wholly owned by Toyota. The deal will be facilitated by a share exchange estimated by Reuters to be around $3 billion, and is expected to take [...]

Online demand for auto parts and accessories among Malaysian vehicle owners is set to continue increasing over the next few years. This is according to a survey conducted by a top e-commerce platform provider, Aseanbriefing.com. It found that Malaysia is one of the top automobile producers in the Asia Pacific region, with an annual production [...]

PPG has seen off competition from about 1,000 suppliers to be named Sustainability Supplier of the Year by the Fiat Chrysler Automobiles (FCA) Group for its Europe, Middle East and Africa (EMEA) region. PPG was presented with the annual award in Turin, Italy Jean-Marie Greindl, president, PPG EMEA and PPG vice president, automotive coatings, EMEA, [...]

Atlas Copco will acquire FIAC, an Italian manufacturer of piston compressors and related equipment with a global sales network, for an undisclosed sum. The acquisition is subject to regulatory approval but is expected to be completed this spring. Based in Bologna with about 400 employees, FIAC offers a broad range of piston compressors, air treatment [...]

Renault took home three prizes from the 2016 International Automobile Festival awards in Paris. The French car company won the Most Beautiful Car of the year for its Renault Talisman saloon car. Laurens van den Acker, who is Renault’s senior vice-president for corporate design, was named winner of the FAI’s Design Grand Prix, while the company’s [...]