World Markets
 

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 make fewer parts locally.... 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 of Lada vehicles since...... 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 »

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 »

China's corruption watchdog investigates execs at Volkswagen JV

Aug. 26, 2014 12:51 CET
China's corruption watchdog says it is investigating one former and one current executive at VW Group's Chinese venture, FAW-Volkswagen Automotive,...... Read More »

Bentley Mulsanne Convertible project is back in the mix

Aug. 26, 2014 06:01 CET
Bentley's Mulsanne Convertible Concept is back on track.... Read More »

Deepening rivalries test German luxury car dominance

Aug. 25, 2014 08:57 CET
As German premium brands lose their exclusivity in a chase for volume, revived premium brands such as Jaguar, Land Rover, Volvo and Maserati are...... Read More »

Russia's AvtoVAZ to cut Lada production

Aug. 25, 2014 12:02 CET
Russia's AvtoVAZ said it plans to cut production of its Lada cars in the next three months by 25,000 because of rapidly declining demand for new...... Read More »

VW will launch new Golf in 2017, report says

Aug. 25, 2014 06:01 CET
Volkswagen plans to launch the eighth generation of its best-selling Golf hatchback in 2017, five years after launching the current model, a German...... Read More »

German suppliers asked to form JVs in China, report says

Aug. 25, 2014 10:39 CET
China has told three German suppliers they can no longer manage their Chinese units independently but need to form partnerships with local peers, the...... Read More »

Regulators' sweep threatens auto parts business model

Aug. 25, 2014 12:32 CET
Suppliers who have colluded for years to inflate parts prices for automakers, dealers and repair shops in a global market with annual sales of more...... Read More »

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