World Markets

France, Italy, Spain sales growth in March encourages European recovery hopes

April 1, 2015 12:12 CET | UPDATED: April 1 18:10 CET - adds Italy sales
New-car registrations rose in France, Italy and Spain last month, adding to signs that the European auto market is recovering.... Read More »

Daimler board will extend CEO Zetsche's contract through 2019

April 1, 2015 15:25 CET
Daimler's supervisory board plans to extend CEO Dieter Zetsche's contract to 2019, making it more likely old-guard executives will lose out to younger managers next time the post is available.... Read More »

Daimler predicts profit rise on boost from China

April 1, 2015 10:49 CET
Daimler predicted higher profit this year, lifted by stronger demand in China, where first-time buyers often opt for an upscale car.... Read More »

Fiat to halt output at Brazil factory on slumping demand

April 1, 2015 09:45 CET
Fiat Chrysler will halt production at a plant in Brazil due to lower demand and high stock levels.... Read More »

Honda will make UK plant global production hub for the Civic, move CR-V output to Canada

March 31, 2015 10:30 CET
Honda will upgrade its UK factory to turn it into a global production hub for the next-generation Civic compact car.... Read More »

PSA CEO Tavares dampens talk of Fiat Chrysler merger

March 31, 2015 11:48 CET
PSA/Peugeot-Citroen will only be ready for a possible merger after it has completed its recovery plan, CEO Carlos Tavares told a newspaper, dampening...... Read More »

Bosch will pay $57.8 million fine for price-fixing

March 31, 2015 19:22 CET
Bosch has agreed to plead guilty to price-fixing and pay a $57.... Read More »

Mercedes pickup will be built by Nissan, report says

March 31, 2015 06:01 CET
Daimler declined to comment on a report that its first Mercedes pickup will be based on the Nissan Navara and built by the Japanese automaker.... Read More »


Bentley and Lincoln Continental design chiefs clash

March 31, 2015 22:30 CET
A row erupted between Bentley's and Lincoln's design chiefs after Ford showed the 2016 Lincoln Continental Concept ahead of the New York auto show.... Read More »

Hyundai names sales veteran Schmid as No. 2 in Europe

March 31, 2015 11:21 CET
Hyundai has promoted Thomas Schmid to chief operating officer in Europe.... Read More »


Jaguar XF redesign has more aluminum, interior room

March 31, 2015 21:29 CET
The new Jaguar XF features aluminum-intensive technology, increased interior room and improved safety and infotainment systems to better compete...... Read More »

Faurecia forms joint venture with China's Dongfeng

March 31, 2015 11:26 CET
Faurecia has agreed to form a joint venture with Dongfeng Motor to help increase its presence in the world's biggest car market.... Read More »

PSA's Slovakia unit to boost output with new model

March 31, 2015 15:29 CET
PSA expects to raise annual capacity at its factory in Trnava, Slovakia, to more than 300,000 by 2017 with the production of a new Citroen model.... Read More »

Honda, like Mercedes, to test self-driving cars at U.S. military base

March 31, 2015 18:00 CET
Honda plans to join Mercedes in testing its self-driving cars at a retired military base northeast of San Francisco.... Read More »

Audi picks Delphi to make self-driving controller

March 31, 2015 16:44 CET
Audi is developing a device the size of an iPad tablet that will pack all the computing power needed for a car to drive itself safely along streets...... Read More »

Hyundai plans 2020 debut for autonomous driving tech

March 31, 2015 14:33 CET
Hyundai said it aims to commercialize autonomous driving capabilities in some of its cars in 2020, as the automaker plays catch-up with carmakers...... Read More »

Bang & Olufsen to sell car-audio unit to Harman

March 31, 2015 14:31 CET
Bang & Olufsen plans to sell its automotive sound-system business to Harman International Industries, as the Danish company reorganizes to focus on...... Read More »

Volvo will open U.S. assembly plant in 2018

March 30, 2015 06:30 CET
Volvo will open a car plant in the U.S. as the Swedish automaker pursues a global comeback under Chinese ownership.... Read More »

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

March 30, 2015 14:21 CET
Toyota chief Akio Toyoda undoubtedly wishes his company's unintended-acceleration crisis never happened.... Read More »

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

March 30, 2015 09:14 CET
The chairman of China National Chemical Corp. (ChemChina), Ren Jianxin, said he hopes to re-list Italy's Pirelli on the Italian stock exchange.... Read More »

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