BMW and Toyota have moved a step further on a project to jointly develop a midsize sports car with an agreement on common underpinnings for the model. The two carmakers outlined plans for the sports car in early 2013.
Automakers are returning some production to Europe from China as its cost advantage weakens, providing an opportunity for central European nations to attract investments, Martin Jahn, managing director of VW Group Fleet International, said.
The chief of Fiat Chrysler Automobiles' Jeep brand, Mike Manley, says a redesign of its Grand Cherokee SUV will be delayed by at least a year, intensifying the challenges FCA CEO Sergio Marchionne faces in his quest for a partner.
Analysts are skeptical that Fiat Chrysler CEO Sergio Marchionne can achieve his ambitious sales goals for Alfa Romeo. "Despite our love of Alfa's past, we're unconvinced by its future," said Max Warburton, an analyst at Sanford C. Bernstein.
VW plans to launch a family of low-cost cars in China and possibly elsewhere starting in 2018, CEO Martin Winterkorn said. The cars will cost between 8,000 euros ($8,930) and 11,000 euros, he told a German newspaper.
When it came to vehicle styling Patrick le Quement, Renault's longtime design chief, never could hold his tongue. The French designer, who received a lifetime achievement award this month, had strongly held beliefs.
General Motors and AvtoVAZ will keep their profitable Russian joint venture, AvtoVAZ CEO Bo Andersson said. GM is ending sales of mainstream Chevrolet models and all Opel cars in Russia, and closing its St. Petersburg factory, after sales slumped in the country's economic crisis.
The automakers' lobby group, ACEA, has asked the European Commission, the EU's executive arm, to postpone a 2025 CO2 emissions target that is currently being worked on by officials, saying the industry needs until 2030 – or about two full model cycles – to meet a new target.
Porsche may take legal action against Zotye Automobile over the Chinese automaker's T700 SUV that closely resembles the Macan, a report said. The T700 is due to launch next year at a price much lower than the Macan's.
McLaren said its 2014 pretax profit rose threefold, helped by rising sales in China. McLaren sold 1,649 cars in 2014, but expects to increase annual production to 4,000 by 2017 as it adds new entry-level models to its lineup.
Sales of diesel cars in France may fall after the government excluded diesel engines from the cleanest classification of vehicle pollution. Euro 6 standard diesels will not be included in the Category 1 scheme that classifies vehicles according to how much they pollute.
Takata President Shigehisa Takada made a public apology for the eight deaths and hundreds of injuries related to the company's airbags. Takada bowed and apologized at a press briefing in Tokyo after the company's annual shareholders meeting.
GM is preparing to roll out vehicle technology that allows new features to be downloaded wirelessly, the company's head of global product development said. Under the new electrical architecture, called Global B, much of a vehicle's computer power will migrate to the mobile Internet, or cloud.
Toyota is expanding a recall previously issued in North America to the rest of the world to replace potentially deadly airbag inflators made by Takata. Toyota said it would recall another 2.86 million vehicles, including 1.7 million in Europe, 360,000 in Japan and 190,000 in China.
Rolls-Royce sales are being hit by a "cool wind blowing in China," said the executive in charge of the ultraluxury brand, as the nation's wealthy pull back from ostentatious purchases amid a government crackdown on conspicuous consumption.
Mini has joined the rush to solve the problem of customers abandoning car ownership in favor of car sharing, launching a scheme that offers buyers the chance to offset the purchase price by renting out their vehicles.
The Alfa Romeo Giulia's most sporty version will offer more power than rival models from BMW and Mercedes because it will use Maserati's Ferrari-derived 510-hp V-6 engine. Dubbed the Giulia Quadrifoglio, the car was unveiled Wednesday at the Alfa Romeo museum in Arese, Italy.
Renault's losses on EV sales will be reduced after the automaker introduced a version of its Zoe electric car powered by a motor built in-house, a company executive said. The new motor and its optimized battery increase the Zoe's range to 240km (149 miles).
Volkswagen is betting that the launch of a subcompact sedan in India will help it build on its small market share in the market. The new car comes with equipment usually reserved for high-end models, such as dual airbags and automatic gear shift.
Toyota's new European sales and marketing boss, Matt Harrison, faces the challenge of defeating Japanese rival Nissan's goal of becoming Europe's top-selling Asian brand. Nissan sales are surging thanks to new products while Toyota's aging lineup is holding back growth.
Ford said its work on autonomous vehicles has moved into the second of three phases, shifting "from a research effort to an advanced engineering program" that brings the technology closer to production.