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Court rejects creditor protection for Saab owner NEVS

Aug. 28, 2014 11:56 CET | UPDATED: Aug 28 17:10 CET - adds court decision
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...... Read More »

Ford begins production of first Mustang to be sold worldwide

Aug. 28, 2014 06:01 CET
Ford will launch production of the redesigned Mustang today at a U.S. plant in Michigan.... Read More »

Kia targets 270,000 sales of the new Sorento next year

Aug. 28, 2014 10:05 CET
Kia unveiled its redesigned Sorento, saying it aims to sell 270,000 units of the SUV globally next year as the automaker seeks to maintain its...... Read More »

Russia pledges 207 million euros to resume car scrappage scheme

Aug. 28, 2014 12:19 CET
Russia will reintroduce a scrappage scheme to help stimulate car sales after deliveries in the market fell 23 percent in July as the crisis in...... Read More »

AvtoVAZ aims to win back market share to return to profit, CEO Andersson says

Aug. 27, 2014 10:54 CET
AvtoVAZ plans to return to profit by cutting costs and rolling out new models to claw back market share that has been slipping away from the producer...... Read More »

Mercedes to ditch M class in favor of GLE as part of renaming strategy

Aug. 27, 2014 21:46 CET
Mercedes is renaming the M class as the GLE class as part of a strategy to align the badges of its SUVs with the most closely related sedan.... Read More »

Schaeffler first-half earnings rise 9% on China demand

Aug. 27, 2014 11:37 CET
Schaeffler expects sales growth in excess of 7 percent this year after first-half earnings rose 9 percent and profit margins improved because of...... Read More »

China said to mull $16 billion funding for EV chargers

Aug. 27, 2014 12:08 CET
China may provide as much as $16 billion for electric-vehicle charging facilities.... Read More »

BMW joins Cadillac wooing Silicon Valley to combat Tesla

Aug. 27, 2014 20:24 CET
BMW scored a coup when former Apple executive Tony Fadell became one of the first owners of the new i8 plug-in supercar in the U.S.... Read More »

Renault could turn Russia crisis to its advantage

Aug. 27, 2014 17:32 CET
Renault could turn a market crisis to its advantage as Moscow considers a subsidy scheme to steady demand and a weaker ruble undermines rivals that...... Read More »

Daimler settles dispute with UAW over retiree medical benefits

Aug. 27, 2014 12:55 CET
Daimler will pay $480 million to settle a dispute with the United Auto Workers union over medical benefits for retired employees of its North...... Read More »

GM ignition switch fund receives claims for more than 100 deaths

Aug. 27, 2014 12:34 CET
A program to compensate victims of crashes linked to a faulty ignition switch in General Motors vehicles has received claims for 107 deaths as of...... Read More »

Lotus hires former Kia Europe exec Lievens

Aug. 27, 2014 06:01 CET
Lotus has hired Jean-Charles Lievens, Kia's former European markets expert, to develop the automaker's sales network in France, Italy, Spain and...... Read More »

Volvo unveils new XC90 flagship SUV

Aug. 26, 2014 14:51 CET
Volvo unveiled the new XC90, a key part of the automaker's plan to nearly double annual vehicle sales to 800,000 vehicles by 2020.... Read More »

GM, Ford, Toyota and VW among automakers hit by antitrust penalties in India

Aug. 26, 2014 10:21 CET
India's antitrust regulator fined 14 carmakers a combined $420 million for stifling competition in the market for spare parts.... Read More »

VW Group sales rise 7% in July on Europe, China gains

Aug. 26, 2014 12:22 CET
VW Group sales increased 7 percent in July to 808,500 vehicles as gains in Europe and China outweighed declines in the Americas.... Read More »

Tata brand plans upscale SUVs with Jaguar Land Rover tech, report says

Aug. 26, 2014 11:41 CET
Tata Motors is developing two upscale SUVs for its Tata brand using technology from Jaguar Land Rover, a Delhi-based business newspaper reported.... Read More »

Anti-UAW workers begin effort to create union at Volkswagen's U.S. plant

Aug. 26, 2014 18:41 CET
Employees at Volkswagen's U.S.... Read More »

Ex-Porsche CEO Wiedeking to be tried for VW share manipulation

Aug. 26, 2014 12:29 CET
A German court revived criminal charges against former Porsche CEO Wendelin Wiedeking and ex-finance chief Holger Haerter involving a failed takeover...... Read More »

Volvo counts on high-cost Sweden for crucial XC90

Aug. 26, 2014 06:01 CET
Volvo is sticking to its Scandinavian roots with its first model since being acquired by Chinese owners four years ago.... Read More »

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