Sales

EU says Honeywell, DuPont car refrigerant deal may be illegal

Oct. 22, 2014 10:51 CET
The EU says auto supplier Honeywell's joint venture with chemicals company DuPont to produce an air conditioning refrigerant for cars may be anti-competitive as the deal may have blocked rivals keen to participate in the chemical's development.... Read More »

 

China's BYD beats Renault, Nissan in Brussels electric taxi bid

Oct. 16, 2014 21:43 CET
China's BYD was the winner in Brussel's first tender for emission-free taxis, beating Renault and Nissan. Taxi operators opted for BYD's e6 electric car because of its roominess and long range.... Read More »

 

Dealers turn to governments for incentives

12:01 am U.S. ET | Oct. 13, 2014
A small but growing number of dealerships are obtaining tax breaks or government funds in connection with their facility improvements.... Read More »

 

AUTOMOTIVE NEWS EUROPE E-MAGAZINE

EU industry director wants to boost auto trade in Asia; warns of tougher CO2 rules

Oct. 9, 2014 06:30 CET
The new European Commission that takes office next month will make several decisions affecting automakers, including potentially tougher post-2020 CO2 emissions targets, its industry and enterprise director, Carlo Pettinelli, said.... Read More »

 

Fiat says Luxembourg tax deal probe will not significantly impact finances

Oct. 2, 2014 09:09 CET
Fiat said the potential financial impact of a European Commission probe into a tax agreement granted by Luxembourg to one of its subsidiaries would not be significant.... Read More »

 

SEPTEMBER U.S. AUTO SALES

GM, Nissan, Chrysler gains propel market to 9% increase

8:00 am U.S. ET | Oct. 1, 2014
U.S. light-vehicle sales -- paced by truck-fueled gains at GM, Chrysler Group and Nissan Group -- rose 9 percent in a September marked by sharp brand advances and a few steep declines. The industry-wide results were just below forecasts and cooler than the scorching rate of sales set in August. Still, they reflect a market coasting toward its fifth straight year of recovery following the 2007-09 recession. The SAAR has topped 16 million for 6 straight months.... Read More »

 

Winterkorn warns EU on overburdening automakers on CO2 emissions

Oct. 1, 2014 22:00 CET
Volkswagen CEO Martin Winterkorn warned EU regulators that it would be "fatal" to overburden the auto industry with tougher CO2 emission targets before a market can develop for electric cars, plug-in hybrids and other fuel-efficient models.... Read More »

 

EU probes Portugal's MQB platform aid to Volkswagen

Oct. 1, 2014 12:37 CET
The European Union has launched an investigation into Volkswagen's planned receipt of 36.15 million euros ($45.6 million) of state aid for investing in its MQB platform technology at a plant in Portugal.... Read More »

 

Fiat's tax accord with Luxembourg may be illegal state aid, EU says

Sept. 30, 2014 13:13 CET
The European Commission has told Luxembourg that its tax arrangement with a Fiat finance subsidiary may constitute state aid, breaking EU internal market rules.... Read More »

 

CO2 from new cars in Europe 38% worse than promised, study says

Sept. 29, 2014 18:06 CET
European cars probably discharged 38 percent more CO2 on real-world roads last year than their ratings promised, a transportation lobby group said. That means more fuel, costing the average consumer an extra 450 euros a year.... Read More »

 

EU orders Germany to stop backing Mercedes' use of banned refrigerant

Sept. 25, 2014 16:00 CET
The EU has ordered Germany to stop backing Mercedes' use of a banned car refrigerant within two months or face court action and possible fines. Mercedes is refusing to use an alternative refrigerant citing safety concerns.... Read More »

 

EU, Canada to hail draft trade pact that may take effect in 2016

Sept. 25, 2014 11:59 CET
The European Union and Canada will meet on Friday to cap five years of negotiations on a free-trade accord which has resulted in a draft pact that may see a gradual phase out of some automotive levies between the two.... Read More »

 

EU antitrust chief says more cartel fines on way for suppliers

Sept. 19, 2014 12:41 CET
EU regulators say they are ready to penalize several suppliers found guilty of price fixing. The EU has already fined two supplier cartels more than 1 billion euros in the last year.... Read More »

 

EU asks WTO to rule on dispute with Russia over van exports

Sept. 15, 2014 16:15 CET
The EU wants the World Trade Organization to rule on its dispute with Russia after Moscow imposed tariffs on vans imported from Germany and Italy. The EU said Russia is illegally protecting its own producers.... Read More »

 

GM gunning for more pickup wins

12:01 am U.S. ET | Sept. 15, 2014
GM's September promotion and dealer incentives are early salvos in what's likely to be a sustained offensive to capitalize on Ford's vulnerability as it negotiates the complicated changeover to its aluminum-body 2015 F-150.... Read More »

 

The incentives debate: Who's being 'stupid'?

12:01 am U.S. ET | Aug. 25, 2014
Some big rivals dismiss American Honda sales boss John Mendel's grim warning that extended loan terms and other strategies being employed by competitors hurt resale values, customer loyalty and ultimately profits. So who's right?... Read More »

 

EU regulators seek to close car emissions testing loopholes

Aug. 20, 2014 13:30 CET
EU regulators are pushing for legislation that will require vehicles to be tested on roads rather than in laboratories in a bid to close loopholes that allow carmakers to exaggerate fuel-saving and emissions credentials.... Read More »

 

Russia may ban car imports if West applies new sanctions, report says

Aug. 18, 2014 11:54 CET
Russia may ban car imports if the West applies additional sanctions on Moscow over its involvement in Ukraine, a daily newspaper reported.... Read More »

 

Ford, Chevy titans clash on incentives

12:01 am U.S. ET | Aug. 18, 2014
Ford and Chevrolet — both looking to claw back market share they have relinquished this year — have touched off an earlier-than-usual round of late-summer incentives.... Read More »

 

Toyota: Favorable auto finance climate to continue driving U.S. retail volume

12:01 am U.S. ET | Aug. 13, 2014
An auto finance environment favorable to many U.S. consumers will continue to provide a tailwind for higher retail auto sales in 2014, a top Toyota executive said Tuesday.... Read More »

 

Europe group questions China antitrust probes

Aug. 13, 2014 13:25 CET
The European Union Chamber of Commerce in China on Wednesday expressed concern over a recent series of antitrust investigations, saying China was using strong-arm tactics and appeared to be unfairly targeting foreign firms.... Read More »

 

AUTOMOTIVE NEWS EUROPE E-MAGAZINE

Tough European CO2 targets will help keep region's fuel-efficiency lead

Aug. 7, 2014 06:01 CET
Europe automakers are speeding up the introduction of alternative fuel powertrains in a bid to cut CO2 emissions ahead of tougher limits planned by the European Union.... Read More »

 

Russia bans state purchase of foreign-made cars to aid local automakers

July 15, 2014 13:16 CET
Prime Minister Dmitry Medvedev has ordered a ban on Russian state and municipal purchases of foreign-manufactured cars to support local producers.... Read More »

 

EU probes state aid for Audi's Hungary expansion

July 9, 2014 16:22 CET
The European Commission is probing state aid to Audi to expand its plant in Hungary. The commission approved aid to Porsche and BMW to expand their factories in Germany.... Read More »

 

Daimler tests self-driving truck, sets goal of production by 2025

12:50 pm U.S. ET | July 3, 2014
Daimler is working to introduce trucks that steer, brake and accelerate independently as early as 2025 as the world's commercial-vehicle industry leader seeks to keep an innovative edge.... Read More »

 

Special Report
No. 1 store empowers, retains employees

No. 1 store empowers, retains employees

Texas dealer Greg May encourages his staffers to provide input and solve problems on their own. Mon., October 20
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