image

GM posts higher Q3 net income but Europe loss widens

Oct. 23, 2014 13:45 CET | UPDATED: Oct. 23 14:50 CET - adds Europe loss

General Motors' third-quarter net income rose to $1.38 billion, as stronger pricing in North America and record China sales helped to offset weak demand in Russia and a bigger loss in Europe.
Read More »
()

image
Daimler third-quarter profit rises as Mercedes sales expand
Oct. 23, 2014 08:45 CET | UPDATED: Oct. 23 13:10 CET - adds comments, details

Daimler reported a 21 percent increase in third-quarter profit. The Mercedes cars division's profit widened to 8.5 percent of revenue, the highest in more than two years, ...
()

 

image
Marchionne invests more of his own money in Fiat Chrysler
Oct. 23, 2014 10:41 CET | UPDATED: Oct. 23 14:00 CET - adds Marchionne's voting share

Sergio Marchionne, CEO of Fiat Chrysler Automobiles, bought an additional 335,745 ordinary shares in the group, giving him a total of 6.8 million shares in the newly merg ...
()

 




 
image
Audi will recall 850,000 A4 cars globally over airbag problems
Oct. 23, 2014 15:42 CET

Audi will recall 850,000 A4 models worldwide due to airbag problem that could prevent front airbags from deploying. From the total, Audi said 250,000 cars will be recalle ...
()

 

image
Land Rover production will continue to boom in UK despite new China plant
Oct. 23, 2014 09:39 CET

Range Rover Evoque production in China will not reduce output at the UK factory where the SUV is also built. The Evoque is the first model produced in Jaguar Land Rover's ...
()

 

image
Honda, after 5th Fit recall, appoints first quality czar; top execs take pay cut
Oct. 23, 2014 12:28 CET

Honda, announcing its fifth Fit recall in just 12 months, has taken the unprecedented step of appointing its first quality czar to clamp down on the carmaker's problems. ...
()

 

image
Nissan expands Takata airbag recall by 260,000 units worldwide
Oct. 23, 2014 13:08 CET

Nissan expanded a global recall of cars using Takata-made airbags, which have been linked to four deaths in Honda cars. The recalls included the March model, called Micra ...
()

 

Autoliv lowers sales outlook but says Takata woes are helping its business
Oct. 23, 2014 16:55 CET

Autoliv posted a surprise fall in third quarter earnings and lowered its outlook for 2014 sales growth while saying it has seen positive effects on its business in the wa ...
()

 

image
Hyundai's third-quarter profit falls 29% on firmer currency, sluggish sales
Oct. 23, 2014 11:15 CET

Hyundai posted a 29 percent decline in third-quarter net profit, the steepest drop in at least six quarters. The automaker was hit by slowing sales growth and a stronger ...
()

 

image
EU will allow car emissions into carbon trading market
Oct. 23, 2014 13:55 CET

The European Union will make it easier to bring road transport emissions into the carbon trading market, a move critics say could empower carmakers to push back against m ...
()

 

image
PSA's third-quarter auto revenue drops despite pricing push
Oct. 22, 2014 08:43 CET | UPDATED: Oct. 22 13:20 CET - adds analyst comment

PSA/Peugeot-Citroen's group revenue rose 1.6 percent in the third quarter, but a push to raise pricing failed to deliver higher revenue at its manufacturing arm. The comp ...
()

 

image
Daimler's surprise sale of Tesla stake fuels rivalry speculation
Oct. 22, 2014 12:28 CET

Daimler's decision to sell its 4 percent stake in Tesla Motors surprised investors and fueled speculation of a growing rivalry in the increasingly competitive electric ca ...
()

 

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 ...
()

 

image
Daimler eyes stake in motorcycle maker MV Agusta, report says
Oct. 21, 2014 10:39 CET | UPDATED: Oct. 21 15:41 CET - Adds detail, quotes source

Daimler is said to be in talks to take a stake of up to 25 percent in Italian motorcycle maker MV Agusta. Carmakers' interest in motorbike technology is growing as they i ...
()

 

image
Citroen withholds new crossover from booming segment in Europe
Oct. 21, 2014 12:17 CET

Citroen's new C3-XR subcompact crossover will remain a China-only vehicle after the brand ruled out European sales of the model. Citroen says the C4 Cactus is a better fi ...
()

 

image
Daimler will shift some Sprinter production to North America from Germany
Oct. 21, 2014 17:51 CET

Daimler said it will build the next-generation Mercedes Sprinter van in North America, shifting some production from Germany to improve competitiveness. ...
()

 

PSA-Dongfeng JV breaks ground for 4th China plant
Oct. 21, 2014 11:08 CET

PSA's joint venture with Dongfeng began construction of its fourth Chinese assembly plant. The factory will launch production in 2016 and will build up to 360,000 vehicle ...
()

 

image
China plant prompts Land Rover to target 10% premium SUV market share
Oct. 21, 2014 08:26 CET

Jaguar Land Rover aims to capture 10 percent of China's premium SUV market as its first local plant allows the UK luxury marque to cut prices and boost sales in the world ...
()

 

image
PSA will add production shifts to meet demand for Citroen C4 Cactus, report says
Oct. 21, 2014 18:21 CET

PSA/Peugeot-Citroen is adding extra production shifts at its Villaverde factory near Madrid to meet increasing demand for the new Citroen C4 Cactus, a report said. ...
()

 

image
Ford will invest 240 million euros in UK on cleaner diesels
Oct. 20, 2014 11:31 CET

Ford will invest a further 240 million euros (190 million pounds) in its factory in Dagenham, southern England, as part of a new diesel engine program. Ford will start pr ...
()

 

More Breaking News »    
 
Most Read
Why Daimler doesn't share investors' love affair with Tesla

Christiaan Hetzner
9:14 am U.S. ET | Oct. 22 2014

image
Are Tesla shares overvalued? If you ask Daimler, investors have gotten ahead of themselves with their exuberant love for Elon Musk's EV carmaker. ...
 Read More ›

Why Audi, BMW and Mercedes dominate China's luxury market

Yang Jian
8:25 am U.S. ET | Oct. 17 2014

image
Brands such as Cadillac, Lexus and French newcomer DS are trying -- but failing -- to loosen the tight grip German automakers have on China's luxury car market. ...
 Read More ›

Reithofer's vision made U.S. plant into a global giant

Luca Ciferri
12:01 am U.S. ET | Oct. 11 2014

image
BMW CEO Nortbert Reithofer has transformed the automaker's U.S. factory into one of the world's larg ...
 Read More ›

Carlos and Dieter show goes from strength to strength

Christiaan Hetzner
5:34 am U.S. ET | Oct. 6 2014

image
Dieter Zetsche and Carlos Ghosn dispelled speculation that the industrial partnership between Daimler and the Renault-Nissan alliance could crumble once they are not around... ...
 Read More ›

Tavares brings PSA back in the race

Bruce Gain
5:56 am U.S. ET | Oct. 3 2014

image
PSA CEO Carlos Tavares is already achieving positive results with his turnaround plan at the money-l ...
 Read More ›

From boosting Renault to designing boats

Richard Johnson
4:02 am U.S. ET | Oct. 3 2014

image
One reason why Renault shocked the auto world in 1998 by acquiring Nissan was the emergence of a del ...
 Read More ›

XC90 boosts Volvo CEO's belief in e-commerce

Douglas A. Bolduc
6:41 am U.S. ET | Oct. 2 2014

image
Volvo CEO Hakan Samuelsson's belief in e-commerce got a huge boost because of the XC90. ...
 Read More ›

Making a splashy entrance in Paris

Diana T. Kurylko
12:01 am U.S. ET | Oct. 2 2014

image
Land Rover pulled the wraps off its new compact Discovery Sport at a pre-show event for journalists, ...
 Read More ›

Ghosn's take on being on the front lines in battle for auto talent

Richard Johnson
5:53 pm U.S. ET | Oct. 1 2014

image
How does Carlos Ghosn feel about the high-level executives who have left Renault-Nissan of late? He takes it all in Ghosn-like stride, which is to say: analytically, not... ...
 Read More ›

For fuel efficiency, the time has come for plug-in hybrids

Paul McVeigh
9:52 am U.S. ET | Sept. 30 2014

image
Plug-in hybrids are about to become a lot more common on Europe's roads as the region's mass-market ...
 Read More ›

2014
 
2013 Rising Stars 
2013 Rising Stars 
image
Western European car sales rise 6% in September
Western European car sales rose 6 percent in September, according to forecaster LMC Automotive. ...
 Read More ›
image
Germany joins France, Italy in reporting car-sales rebound in September
Germany joined France and Italy in reporting a rebound in new-car registrations last month after poo ...
 Read More ›
Auto sector faltered in Q2
European automakers, suppliers and retailers experienced mixed fortunes in the second quarter of 2014, as measured by the Automotive News Europe/PricewaterhouseCoopers. ...
 Read More ›
image
Western European car sales extend mixed recovery
Western European car sales rose 1 percent in August, the 12th consecutive monthly gain, as faltering ...
 Read More ›
image
German, French and Italian car sales fall in August
New-car sales in Germany, France and Italy all fell slightly in August, a seasonally weak vacation m ...
 Read More ›
image
Spanish car sales rise 14% in August
Spain's new-car sales rose 14 percent to 45,355 in August, the twelfth straight month of increases, ...
 Read More ›
image
French car sales drop 3% on weak August demand
French car sales fell 3 percent last month, led by an 11 percent drop at Renault. ...
 Read More ›
image
Recovery on track as western Europe car sales rise 5%
Car sales in western Europe grew by 5 percent in July to a little more than 1 million vehicles, brin ...
 Read More ›
Strong UK car sales in July part of improving European trend
New-car sales in the UK rose by 7 percent in July, as the country's credit-backed growth continued. The increase follows volume growth last month in Germany, Italy and Spain. ...
 Read More ›
image
German car sales bounce back in July
New-car sales in Germany bounced back in July, suggesting further improvement in second-half demand ...
 Read More ›
image
Lotus names Carr as new design chief
Lotus's design boss, Donato Coco, a former styling chief at Ferrari, will leave the UK sports car ma ...
 Read More ›
image
Bentley appoints Austrian dealership veteran as Europe sales boss
Bentley named Robert Engstler as its regional director for Europe. Austrian-born Engstler joins Bent ...
 Read More ›
image
Nissan recruits Hyundai Europe COO as global sales chief
Nissan has tapped Hyundai Europe's chief operating officer, Allan Rushforth, to be its new global sa ...
 Read More ›
image
BMW hires Ferrari's chief engineer
BMW has hired Ferrari's former technical director, Roberto Fedeli, for an as-yet unspecified role. ...
 Read More ›
image
Aston Martin recruits Tesla spokesman Sproule as chief marketing officer
Aston Martin has recruited Simon Sproule, Tesla's communications head, to serve as chief marketing o ...
 Read More ›
image
VW picks Kantner to lead India sales
VW Group has named Manfred Kantner the new head of passenger car sales for India and the Far East at ...
 Read More ›
image
BMW names former Audi exec to lead high-performance M unit
BMW has appointed Franciscus "Frank" van Meel as head of its M in-house performance unit. Van Meel r ...
 Read More ›
VW-SAIC joint venture names industry veteran as president
Shanghai Volkswagen Automotive, a joint venture between VW and SAIC Motor, hired veteran executive Chen Zhangxian as its new president. ...
 Read More ›
image
Mazda names new sales chief for Europe
Mazda veteran Martijn ten Brink is the automaker's new head of sales in Europe. ...
 Read More ›
image
Lotus hires former Kia Europe exec Lievens
Lotus has hired Jean-Charles Lievens, Kia's former European markets expert, to develop the automaker ...
 Read More ›
image
Audi seeks to increase TT's market share
Audi expects its new TT to boost its market share even though demand for small sports cars is shrink ...
 Read More ›
image
BMW's taboo-breaker, the 2-series Active Tourer
BMW's 2-series Active Tourer breaks new ground for the automaker as the brand's first minivan and fi ...
 Read More ›
image
Renault's radical new Twingo could become segment leader
Renault's new Twingo is radically different than the two previous generations of the minicar with a ...
 Read More ›
image
Citroen touts 'cheerful' C1
Citroen is touting the C1's "cheerful" front-end design, open-top variant and a modern infotainment ...
 Read More ›
image
Mercedes has high hopes for S-class coupe
Mercedes expects a new name, fresh design and innovative technology will help double sales of the S- ...
 Read More ›
image
Citroen's clever C4 Cactus
Citroen has found clever ways to make its new C4 Cactus an unconventional and affordable alternative ...
 Read More ›
image
Toyota Aygo gets 'fun' makeover
Toyota is aiming its new Aygo minicar at younger buyers who don't take themselves too seriously, par ...
 Read More ›
image
Nissan X-Trail gets sporty
Nissan's new X-Trail, which is now available with front-wheel-drive and seven-seat models, has a dis ...
 Read More ›
image
The 'better Golf'
Volkswagen says the Golf Sportsvan combines the agility of the classic Golf hatchback with the roomi ...
 Read More ›
image
Honda rolls out the Civic wagon
Honda hopes that sleek styling and a smart interior will help its new Civic Tourer station wagon boo ...
 Read More ›
image
Jaguar F-Type relies on Stadco's aluminum skin
Stadco supplies the vast majority of the aluminum outer structure for the new Jaguar F-Type, includi ...
 Read More ›
image
Magna Powertrain helps Mercedes GLA stay on track
Magna Powertrain supplies the all-wheel-drive system for the new Mercedes-Benz GLA. ...
 Read More ›
image
Osram provides BMW i8's laser lights
Osram provides the headlamps for the optional laser high beams on the BMW i8 plug-in hybrid supercar ...
 Read More ›
image
Delphi helps reduce CO2, noise in new Peugeot 308
Delphi supplies the injectors to the new Peugeot 308's gasoline direct-injection engine, which produ ...
 Read More ›
image
Roechling, Plastic Omnium help cut CO2 in new Nissan Qashqai
Roechling Automotive and Plastic Omnium help reduce the drag coefficient in the new Nissan Qashqai t ...
 Read More ›
Rocket Fuel