Automakers and Suppliers

Alfa dealers urged to offer luxury services

12:01 am U.S. ET | Aug. 30, 2014
Chrysler Group expects Alfa Romeo dealers to provide luxury services -- such as home pickup and delivery for repairs -- despite having only a handful of cars to sell for the next two years.... Read More »

 

GM 8-speed likely to get wide use

12:01 am U.S. ET | Aug. 30, 2014
The eight-speed automatic transmission that will soon debut in the 2015 Chevrolet Corvette is expected to get broad use in General Motors trucks and luxury cars in coming years.... Read More »

 

JLR intensifies efforts to meet tough EU CO2 target

Aug. 29, 2014 06:01 CET
Jaguar Land Rover will “turn over every stone” including launching plug-in hybrids to bring its high average CO2 emissions down to an EU-approved level by 2021, JLR head of product development Wolfgang Ziebart said.... Read More »

 

Dealers in Georgia petition to shut Tesla down

5:53 pm U.S. ET | Aug. 29, 2014
Auto dealers in Georgia are the latest seeking to shut down Tesla's factory-owned stores. The Georgia Automobile Dealers Association filed a petition of enforcement Friday with state regulators arguing that Tesla's direct-sales model violates state law.... Read More »

 

Tesla shares jump to record after China charging network deal

6:45 am U.S. ET | Aug. 29, 2014
Tesla Motors shares rose to a new record after the electric-car maker led by Elon Musk reached an agreement to create a vehicle-charging network in China with the country's second-largest mobile-phone company.... Read More »

 

Capital Automotive sold for $4.3 billion, source says

4:27 pm U.S. ET | Aug. 29, 2014
Brookfield Property Partners will acquire Capital Automotive for $4.3 billion, according to a source familiar with the deal.... Read More »

 

Buick lifts cover on Envision crossover in China

3:37 pm U.S. ET | Aug. 29, 2014
General Motors has taken the wraps off a new midsize Buick crossover in China amid growing evidence that the vehicle is destined for showrooms in the United States.... Read More »

 

California to phase out EV incentives for the wealthy

1:44 pm U.S. ET | Aug. 29, 2014
California, which offers rebates of up to $2,500 to electric vehicle buyers to help meet a goal of getting 1 1/2 million zero-emission vehicles onto its roads by 2025, is overhauling its incentive program in response to a common criticism: The state's rebates are sometimes just a windfall for the wealthy.... Read More »

 

Hong Kong firm acquires majority stake in supplier Key Safety Systems

12:46 pm U.S. ET | Aug. 29, 2014
Hong Kong private equity firm FountainVest Partners completed a deal to become the majority shareholder in automotive safety products supplier Key Safety Systems. The deal could be worth as much as $800 million, a Bloomberg report out of China said in April.... Read More »

 

Audi will recall 70,000 cars for potential brake problem

Aug. 29, 2014 16:58 CET
Audi will recall 70,000 cars worldwide because of a potential fault with the brake booster. Audi's A4, A5, A6, A7 and Q7 models equipped with a 3.0-liter diesel engine and built between March and December 2012 are being recalled.... Read More »

 

2014 PARIS AUTO SHOW

Suzuki gives the Vitara SUV a sleeker look

Aug. 29, 2014 06:01 CET
Suzuki is giving is new Vitara a more mainstream look to broaden the subcompact SUV's appeal. The five-door Vitara will go on sale in Europe early next year.... Read More »

 

Ford to halt B-Max production on slow sales, report says

Aug. 29, 2014 11:22 CET
Ford will halt production of the B-Max at its Romanian plant for nine days in September, a report said. The automaker has halted output in Romania several times since September 2013 on slow sales of the minivan.... Read More »

 

Saab carmaker NEVS granted creditor protection by court

Aug. 29, 2014 12:46 CET
National Electric Vehicle Sweden (NEVS), which bought Saab in 2012, won court protection from creditors today. But the automaker suffered a blow when Saab AB, the defense firm, withdrew NEVS right to use the brand name Saab for its cars.... Read More »

 

ANE's September e-magazine goes live Monday

Aug. 29, 2014 06:01 CET
The latest issue of the Automotive News Europe monthly e-magazine goes live on Monday, Sept. 1. This month's edition looks at why European automakers have struggled to gain a foothold in India and what they are doing to turn things around.... Read More »

 

Nissan's revived Datsun launches mi-Do hatchback

Aug. 29, 2014 12:55 CET
Datsun unveiled its second model, the mi-Do hatchback, at the Moscow auto show. The car, based on the Lada Kalina, is aimed at Russian families who want to own a foreign car but cannot afford current offerings from Western brands.... Read More »

 

Fiat clears Chrysler merger hurdle

Aug. 29, 2014 08:39 CET
Fiat will spend less than the limit the carmaker set to buy shares from investors who opted to sell ahead of its merger with Chrysler Group, clearing a key hurdle before the deal can close.... Read More »

 

Lexus NX may challenge RX for brand sales leader outside U.S.

6:51 am U.S. ET | Aug. 29, 2014
The new Lexus NX compact crossover, already racking thousands of orders in Japan, may unseat big sibling RX as the luxury brand's top global nameplate. At least outside the United States.... Read More »

 

AvtoVAZ to cut workforce by 45%, report says

Aug. 29, 2014 12:22 CET
AvtoVAZ plans to reduce staff numbers by 25,000, finance head Evgeny Belinin told a French newspaper. AvtoVAZ, controlled by the Renault-Nissan alliance, is also cutting Lada production and freezing vehicle prices.... Read More »

 

Ford launches '15 Mustang output in Michigan

12:01 am U.S. ET | Aug. 28, 2014
Ford today officially launched production of the redesigned Mustang at its Flat Rock Assembly Plant in Flat Rock, Mich. With the 2015 model, Ford is making the Mustang to suit global tastes for the first time. That will include a first-ever right-hand-drive version.... Read More »

 

Court rejects creditor protection for Saab owner NEVS

Aug. 28, 2014 11:56 CET
A Swedish court rejected an application from China's National Electric Vehicle Sweden, which bought bankrupt Saab in 2012, for protection against creditors while it concludes funding talks.... Read More »

 

Ford wins dismissal in U.S. of claims it aided apartheid

9:19 pm U.S. ET | Aug. 28, 2014
Ford won dismissal of a lawsuit claiming the company aided South Africa's apartheid regime, with a judge saying it couldn't be sued in the U.S. over actions of their units overseas.... Read More »

 

Automakers still dogged by Bluetooth glitches, Power study finds

4:03 pm U.S. ET | Aug. 28, 2014
Bluetooth technology aims to leave drivers hands-free, but some drivers end up connection-free, according to a study of multimedia quality and satisfaction released today.... Read More »

 

Toyota targets shoppers with location-based mobile ad tool

4:08 pm U.S. ET | Aug. 28, 2014
Toyota is using a location-based mobile ad tool to supercharge its annual clearance sale. The tool, Opera Mediaworks' Dynamic Sales Event platform, enables Toyota to target shoppers who are intent on making a purchase with banner ads on Web pages and apps that display the annual percentage rate for loans at dealerships in their regions.... Read More »

 

Global price-fixing crackdown threatens supply chain's 'business model'

3:58 pm U.S. ET | Aug. 28, 2014
As antitrust regulators, most recently in China, go after auto suppliers in what has become a worldwide probe into price fixing, a longtime "business model" in the supply chain is now in danger, says an automotive purchasing executive. That model essentially sees parts makers collude to keep prices relatively high for new components they supply to car manufacturers, and then charge even more for the same parts supplied as replacements to dealerships and repair shops.... Read More »

 

Transmission parts supplier to invest $42 million in Mich. plant

3:21 pm U.S. ET | Aug. 28, 2014
Transform Automotive is expanding in Michigan after landing a new contract to build transmissions parts. The machined, metal-stamped and laser-welded parts supplier plans to invest nearly $42 million to lease and build out a new manufacturing plant in Shelby Township, Mich., a suburb east of Detroit.... Read More »

 

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