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Volvo will open U.S. assembly plant in 2018

Volvo will open a car plant in the U.S. as the Swedish automaker pursues a global comeback under Chinese ownership. The factory will start operation in 2018 and will produce vehicles built with the same underpinnings as the XC90, Volvo said. Read More »

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VW halts production for three weeks at Brazil plant, union says

Volkswagen has halted production at its second-largest factory in Brazil for three weeks, a local union said, as a steep decline in demand forces carmakers to manage excess capacity. Read More »

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Magna negotiating to sell interiors unit to Grupo Antolin, report says

Magna International is in talks to sell its car-interior business to Spain's Grupo Antolin, Bloomberg reported. Read More »

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Toyota CEO thought U.S. recalls could cost him his job, but gave sense of purpose

Toyota chief Akio Toyoda undoubtedly wishes his company's unintended-acceleration crisis never happened. But in a rare moment of public reflection on that period, he credited the worldwide upheaval as the turning point in his career, even as fretted about being fired from the CEO suite. Read More »

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ChemChina hopes to re-list Pirelli in Italy; says counterbid will hurt investors

The chairman of China National Chemical Corp. (ChemChina), Ren Jianxin, said he hopes to re-list Italy's Pirelli on the Italian stock exchange. A counterbid for Pirelli would hurt the Italian firm's investors and long-term strategy, he warned. Read More »

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LUCA CIFERRI:

While others stand up, Italy stands aside

Formula One tire supplier Pirelli will have a Chinese owner, while Ferrari styling house Pininfarina could be acquired by an Indian company. Ducati, Lamborghini and Italdesign Giugiaro are already in German hands. Read More »

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Ford revives the Lincoln Continental, aims at U.S. and China

Ford will resurrect the Lincoln Continental as its top-of-the line luxury sedan, betting the classic name will help rebuild the brand's image in the United States and China. Read More »

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Honda launches S660 minicar roadster, heir to Beat's looks

Honda will sell the S660 mini roadster only in the company's home market of Japan, at least for now. The two-seater is powered by a three-cylinder 660cc turbocharged midship engine with an output of 63hp. Read More »

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How a Frenchman is bringing back Datsun

Vincent Cobee's mission to reintroduce Datsun around the world is a mixture of irony, politics, auto industry counterintuition and a fair amount of raiding the corporate closet for new products. The Frenchman has been tasked by Nissan CEO Carlos Ghosn with re-establishing the brand. Read More »

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Jaguar Land Rover names new global engineering chief

Jaguar Land Rover named company veteran Nick Rogers as its new engineering director to succeed Wolfgang Ziebart. Rogers will assume board-level responsibilities for the UK automaker's global engineering operations, reporting directly to CEO Ralf Speth, JLR said. Read More »

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Mercedes plans to launch its first pickup by 2020

Daimler's Mercedes unit plans to launch its first pickup truck by 2020, targeting sales at the European, Latin American, Australian and South African markets. The pickup will contribute to the brand's global growth targets, Daimler CEO Dieter Zetsche said. Read More »

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Valeo's self-driving systems learn from military drones

Valeo plans to draw on drone software and other military technologies from partner Safran to offer self-driving vehicle platforms to carmakers by the end of the decade. The French supplier said the first applications may reach automaker customers within three years. Read More »

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Ford's Mulally made $22 million in 2014; Fields' pay rose 83% to $18.6 million

Alan Mulally, who retired as Ford CEO in mid-2014, received compensation worth $22 million last year. His successor, Mark Fields, earned $18.6 million. Read More »

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Renault increases Zoe EV's range by 30km

Renault has extended the range of its battery powered Zoe subcompact hatchback by 30km to 240km (149 miles) to help boost sales. Read More »

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Dutch regulators raid Uber over court ruling compliance

A Dutch regulatory agency raided the Amsterdam offices of ride-sharing service Uber in connection with its UberPOP unit after a court deemed it illegal in December. Read More »

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PSA picks France factory over Spain for engine production expansion

PSA said it has chosen a French factory over a rival Spanish plant to expand engine production. PSA will upgrade its Tremery site to produce the turbocharged version of a three-cylinder engine already manufactured there. Read More »

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Ghosn's pay increase criticized by Renault union

Renault's biggest trade union, the CGT, criticized the automaker's proposal to more than double CEO Carlos Ghosn's 2014 pay package to 7.22 million euros ($7.85 million). Renault, which is cutting 7,200 jobs in France, says Ghosn's higher earnings are tied to the company's profit increase. Read More »

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YANG JIAN:

With Volvo's help, Geely goes upscale

Zhejiang Geely Holding Group launched sales last week of its new flagship car, the GC9 midsize sedan, which is the first product developed by the Chinese automaker with the support of Volvo. Read More »

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PSA, Mitsubishi cuts jobs in Russia, halt output again

PSA and Mitsubishi will halt production at their joint venture plant in Russia for the second time this year and cut 100 jobs. Read More »

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Pirelli CEO sees strong future with ChemChina, no talks on counterbid

Pirelli has a strong future with China National Chemical Corp. and is not talking to others about a possible counterbid, CEO Marco Tronchetti Provera said. ChemChina agreed to become the majority owner of the world's fifth-largest tire maker in an $8 billion deal. Read More »

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Pininfarina investor confirms India's Mahindra is interested in buying Italian design company

Pininfarina's controlling shareholder, Pincar, confirmed that India's Mahindra & Mahindra has expressed interest in buying the Italian car designer. Mahindra is one of heavily indebted Pininfarina's most important customers. Read More »

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Toyota targets cuts in factory, product development outlays

Toyota outlined bold savings targets in factory investment and vehicle development through an aggressive restructuring. The overhaul is part of a switch to new modularized product platforms and is designed to lift the company's annual global sales above 10 million. Read More »

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Aston Martin claims Henrik Fisker's Thunderbolt is unauthorized copy

Aston Martin said Henrik Fisker's Thunderbolt prototype for a $400,000 GT coupe is an unauthorized copy of its iconic sports cars featured in James Bond movies for 50 years. Read More »

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German court dismisses hedge funds' suit against Porsche holding company

A German court has dismissed claims brought against Porsche SE by hedge funds seeking $1.3 billion in damages over its botched attempt to take over Volkswagen in 2008. Read More »

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Ford aims to triple exports from India with new plant

Ford has invested $1 billion in a new plant in India that will help the automaker triple exports from the country. The factory will build the EcoSport subcompact SUV, which Ford exports to Europe. Read More »

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2015 NEW YORK AUTO SHOW:

McLaren aims 570S at high-end Porsche 911, Audi R8

McLaren has named the first of its entry-level supercars the 570S. The V-8 powered coupe will compete against high-end versions of the Porsche 911 and Audi R8. Read More »

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Tesla sued in UK in fight over charging stations rollout

Tesla was sued in London in a dispute over whether the company interfered with a competitor's plan to rollout electric-car chargers at UK highway rest stops. Renewable energy supplier Ecotricity claims Tesla tried to induce companies to breach agreements for exclusive charging points. Read More »

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Schaeffler's 2014 profit rises by more than half

German part supplier Schaeffler said its operating profit jumped by more than 50 percent to 1.52 billion euros ($1.67 billion) in 2014 because of robust demand for cars in U.S. and China. Its operating margin climbed to 12.6 percent in 2014 from 9.0 percent in 2013. Read More »

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2015 NEW YORK AUTO SHOW:

Mercedes adds plug-in hybrid to GLE line

Mercedes is rolling out a new plug-in hybrid with the debut of the GLE, which replaces the M class, the brand's best-selling SUV. Read More »

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Delphi employees killed in France plane crash

Two Spain-based Delphi employees were among the 150 victims of a plane crash in a remote part of the French Alps. The employees were traveling to a meeting in Germany. Read More »

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'Top Gear' host Jeremy Clarkson fired by BBC

The BBC dropped "Top Gear" host Jeremy Clarkson, who built a global fan base while repeatedly causing offense with strongly worded views, after finding he had physically attacked a producer. Read More »

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Tata plans to raise $1.2 billion to help fund Jaguar Land Rover expansion

Tata Motors plans to raise as much as $1.2 billion in a rights offer to help fund investments at its Tata and Jaguar Land Rover brands. Jaguar Land Rover plans to add more than 40 new products and to increase manufacturing capacity in the UK, in China, Brazil and other markets. Read More »

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Automakers race to double the driving range of affordable electric cars

Automakers are readying a new generation of mass-market electric cars with more than double the driving range of today's Nissan Leaf, betting that breakthroughs by battery suppliers will increase demand and help them compete better with Tesla. Read More »

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Former GM Europe chief Forster will lead UK taxi builder

Auto industry veteran Carl-Peter Forster, who once headed GM Europe and Tata Motors, is new board chairman at London Taxi Company, which builds the UK's iconic black cabs. Read More »

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Mahindra in talks to buy Pininfarina, report says

Mahindra & Mahindra, India's largest maker of SUVs, is in talks to buy Italian design and engineering company Pininfarina, a report said. Read More »

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Renault seeks fresh start with single model to replace Laguna and Latitude midsize cars

Renault will replace its slow-selling Laguna and Latitude midsize cars in Europe later this year with a single model in a bid to get a fresh start against rivals such as the Volkswagen Passat and Peugeot 508. Read More »

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Volvo appoints Europe boss as part of global reorganization

Volvo named Anders Gustafsson as head of Europe, Middle East and Africa, one of three global business regions that also include new divisions for the Americas and Asia. Read More »

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Mercedes GLC crossover sheds GLK's boxy look

The Mercedes GLK crossover will be roomier and will shed its old-fashioned square shape for a more modern design when it becomes the GLC, making it more competitive with the BMW X3 and Audi Q5. Read More »

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Jaguar unveils new XF; touts sedan's good looks, fuel efficiency

Jaguar says its new XF sedan has taken a big leap in levels of refinement, low weight and fuel efficiency. The brand unveiled the second generation of its best-seller with a high-wire stunt drive in London. Read More »

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Tesla Model X spotted in road tests

Tesla has begun testing the Model X crossover on public roads, suggesting the automaker has reached the final testing phase before the electric vehicle's launch this summer. Read More »

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Renault reinforces quality oversight

Renault aims to improve its quality and customer satisfaction ratings by moving its Americas chief, Denis Barbier, to a new role overseeing those two areas. Read More »

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Mercedes begins output of GLA engines in China

Mercedes has added production of engines for the GLA compact crossover at its powertrain plant in Beijing. The automaker has now localized all engine production for the three models it produces locally with partner Beijing Automotive, that also include the C class and E class. Read More »

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Mercedes plant has highest per-hour labor cost in U.S.; VW and BMW pay least

Workers at Daimler's Mercedes-Benz plant in Vance, Alabama, have the highest hourly pay among employees at U.S. car factories while Volkswagen and BMW workers earn the least, a study shows. Read More »

 
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Most Read
With Volvo's help, Geely goes upscale


4:31 am U.S. ET | March 27 2015

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Zhejiang Geely Holding Group launched sales last week of its new flagship car, the GC9 midsize sedan ...
 Read More ›

Fiat Chrysler may find perfect partner is from Asia

Larry P. Vellequette
12:01 am U.S. ET | March 23 2015

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Sergio Marchionne wants a dance partner for Fiat Chrysler Automobiles. ...
 Read More ›

Porsche boss Mueller, 62, says he's young enough to be VW Group CEO

Christiaan Hetzner
12:01 am U.S. ET | March 20 2015

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Porsche CEO Matthias Mueller says he's young and fit enough to succeed Martin Winterkorn as head of ...
 Read More ›

China and cutting CO2 tough tasks for incoming BMW CEO Krueger


7:15 am U.S. ET | March 19 2015

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BMW CEO Norbert Reithofer sees China and CO2 emissions as the biggest challenges facing incoming chief Harald Krueger when he takes over the top job from Reithofer on May 15. ...
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How Michelin may give Europe's SUV craze even more traction

Nick Gibbs
12:01 am U.S. ET | March 13 2015

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Michelin has developed a tire that could give even more traction to Europe's SUV craze. ...
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Why Land Rover leads among China's second-tier luxury brands

Yang Jian
12:01 am U.S. ET | March 13 2015

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Land Rover has remained China's fourth-largest luxury brand behind Audi, BMW and Mercedes for two ye ...
 Read More ›

Ford's Farley feels the squeeze in Europe's middle

Nick Gibbs
12:01 am U.S. ET | March 11 2015

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The squeeze in the middle of the European car market is getting worse for volume automakers, Ford of ...
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Why McLaren can be profitable without an SUV

Nick Gibbs
12:01 am U.S. ET | March 10 2015

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McLaren Automotive CEO Mike Flewitt says the supercar maker doesn't need an SUV to generate the cash ...
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No German-driven 'rat race' for Volvo

Douglas A. Bolduc
12:01 am U.S. ET | March 5 2015

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Volvo r&d boss Peter Mertens is not impressed with the proliferation of models at the Swedish brand's bigger German rivals. “They are in a rat race. ...
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Leroy's Toyota Europe success brings reward

Luca Ciferri
6:34 am U.S. ET | March 4 2015

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When Didier Leroy was promoted to head Toyota's European operations in April 2011, his goal was to return the region to sustainable profitability. ...
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European February car sales rise as economy bolsters demand
European car-sales rose by 7 percent in February as signs of a strengthening economic expansion in t ...
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Russian car sales fall 38% in February
Russia's new-car sales fell 38 percent to 128,298 vehicle in February as consumers continued to avoi ...
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German car sales rise as Europe rebound continues
New-car sales in Germany rose 3 percent in January, adding to signs that the European rebound is con ...
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Spanish car sales jump 28% for 17th month of growth
New-car sales in Spain rose 28 percent in January, the 17th consecutive month of growth. ...
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French car sales rise 6% in Jan. as foreign brands gain
French car sales rose 6 percent in January, halting a three-month decline. Volkswagen, BMW, Toyota a ...
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Europe 2014 sales rise on low-cost brands shift
European car sales in 2014 rose for the first time in seven years, thanks to government incentives, ...
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Russia car sales forecast to drop 24% as economic crisis worsens
Russian car sales are set to decline by 24 percent this year after falling 10 percent in 2014 as the ...
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W. Europe car sales up 5% in 2014; 3% gain seen for 2015
New-car sales in western Europe increased by 5 percent in 2014, the best result since 2009, but grow ...
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German car sales rose 7% in December on extra selling day
New-car sales in Germany rose 7 percent in December, returning Europe's largest auto market back to positive annual growth after two years of shrinking sales. ...
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Car sales slump in France in December, but rise in Spain and Italy
France's floundering economy pushed car sales 7 percent lower in December, while Spanish sales jumpe ...
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Former GM Europe chief Forster will lead UK taxi builder
Auto industry veteran Carl-Peter Forster, who once headed GM Europe and Tata Motors, is new board ch ...
 Read More ›
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Volvo appoints Europe boss as part of global reorganization
Volvo named Anders Gustafsson as head of Europe, Middle East and Africa, one of three global busines ...
 Read More ›
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Renault reinforces quality oversight
Renault aims to improve its quality and customer satisfaction ratings by moving its Americas chief, ...
 Read More ›
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Cadillac Europe will be run by former BMW executive
GM has appointed veteran BMW executive Andreas Schaaf as its new Cadillac chief in Europe. ...
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BMW names ex-Mini plant boss next production chief
BMW Group has promoted manufacturing expert Oliver Zipse to succeed incoming CEO Harald Krueger as h ...
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Grupo Antolin shakes up management team
Grupo Antolin, the world's largest supplier of vehicle headliners, has shaken up the top tier of its ...
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Bentley names industry veteran Winkler to head Americas unit
Bentley said it appointed Michael Winkler as president and CEO of Bentley Motors in the Americas, replacing Christophe Georges, who will become director of product and... ...
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Ford names new lobbyist in Europe as free trade, CO2 pressure intensifies
Ford of Europe has promoted veteran lobbyist Andrew McCall as its new vice president for government ...
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New Mini boss is former Audi executive
BMW named former Audi executive Sebastian Mackensen as head of its Mini brand. ...
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Volvo appoints Kerssemakers as U.S. chief
Volvo is reshuffling its North American management by appointing global corporate product strategy c ...
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Land Rover Discovery Sport on conquest path
Land Rover expects the Discovery Sport to join the Range Rover Evoque coupe-styled compact SUV in at ...
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Ford expects big boost from high-tech Mondeo
Ford expects a significant sales boost in the tough midsize segment from its latest-generation Monde ...
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Sportier Skoda Fabia keeps its functionality
The new Skoda Fabia highlights how the fast-growing Czech value brand is adding a touch of style to ...
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Mazda2 gets bigger, lighter and bolder
Mazda expects its latest Mazda2 hatchback to make a bigger impact in Europe's highly competitive sub ...
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Fiat goes global with 500X
Fiat's 500X has the widest engine and transmission range in the automaker's lineup as the company pr ...
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BMW X6 gets sleeker to keep edge on new rivals
BMW successfully created a niche for coupe-styled large premium SUVs with the X6, but the second-gen ...
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Daimler seeks profitability at Smart with 2 minicar sizes
Daimler hopes to make its Smart small-car unit sustainably profitable by offering the same car in tw ...
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VW Passat tackles trailer troubles
Volkswagen has made a big effort to ensure its latest Passat remains Europe’s best-selling mid ...
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Audi boss calls A3 e-tron the 'perfect' EV
Audi CEO Rupert Stadler calls the A3 Sportback e-tron the “perfect electric vehicle for every ...
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Mercedes pushes S-class plug-in's zip
Mercedes-Benz's marketing plan for the new S-class plug-in hybrid aims to show prospective buyers th ...
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Novelis helps make the Jaguar XE lean and green
Novelis plays a key role in the new Jaguar XE's aluminum-intensive monocoque structure. ...
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Faurecia helps cut CO2 in new Renault Twingo
Faurecia's emissions control systems helps the third-generation Renault Twingo reduce fuel consumpti ...
 Read More ›
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ZF provides Maserati Quattroporte with leaner, smarter transmission
ZF supplies the new-generation Maserati Quattroporte's eight-speed automatic transmission, which is ...
 Read More ›
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BWI Group gives Lamborghini Huracan added stability
BWI Group provides added stability to the new Lamborghini Huracan with its optional magneto-rheologi ...
 Read More ›
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Magna, Haartz team up on Opel Cascada roof
Magna International and Haartz Corp. teamed up to supply the new Opel Cascada's folding softtop roof ...
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