Volvo Cars will form a carmaking venture with majority shareholder Zhejiang Geely Holding Group Co., as part of plans to expand in the world's largest vehicle market.

Chinese automaker Great Wall Motor Co. has opened its first European factory as part of its strategy to lift sales in the region.

Tata Motors will double investments in its Jaguar Land Rover brands to 1.5 billion pounds ($2.4 billion) a year.

General Motors Co. and PSA/Peugeot-Citroen are in talks about a possible alliance, PSA CEO Philippe Varin told the French government, following earlier news reports about the discussions.

New training center opened at GAZ in Nizhny Novgorod. Cooperation with the partner GAZ strengthening the position of the Czech brand on the Russian market.