Global News

EU clears Spain's Gestamp to buy Edscha unit

March 21 06:01 CET

European Union competition authorities have given Spanish car parts supplier Gestamp Automocion the go-ahead to acquire a unit of German supplier Edscha.... Read More »

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LUCA CIFERRI

Spin off Fiat's trucks and tractors, not its car business

March 21 06:01 CET

I wonder if the rumored plan by Fiat S.p.A. CEO Sergio Marchionne to spin off the company's auto activities could happen in the opposite direction – Italy's largest industrial group keeps its car business and instead spins off its truck and tractor divisions?... Read More »

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TRW CEO sees 'tough year' for Europe

March 19 06:01 CET

TRW CEO John Plant hopes that a slight shift in Europe toward larger cars after scrappage incentive programs end may help auto suppliers overcome what is expected to be a lean overall autos sales year. "It's going to be a tough year in Europe," Plant said.... Read More »

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China's Geely set for control of London taxi maker | Mar 18

Volvo sale deal hits snag, Geely chairman tells paper | March 19 06:01 CET

Mitsubishi boss defends decision not to deepen PSA ties | March 19 12:46 CET

Jerry York, who tried to marry GM and Renault-Nissan, dies at 71 | March 19 06:01 CET | UPDATED:

Valeo to sell non-core assets in France, UK, U.S. and China | March 19 10:16 CET

McLaren unveils supercar to take on Ferrari | March 19 06:01 CET

Kia plans Slovak engine plant | March 18 15:16 CET

Nissan will build the Leaf electric car in UK | Mar 18 | UPDATED: March 18 11:33 CET

UK car production shows further rise in February | Mar 18

Volkswagen creates R division for sporty cars | Mar 18

Plastic Omnium sees slight sales rise after return to profit | Mar 18

UK to give $551 million state aid to Ford, Nissan for green cars | Mar 18

Asia

THE TOYOTA RECALL CRISIS

Akio Toyoda says Japan still holds final say on recalls

11:29 am U.S. ET | March 18

Handing more authority to U.S. bosses is a big theme of Toyota Motor Corp.’s plan to overhaul operations and prevent a repeat of the quality crisis now battering the carmaker. But when it comes to recalls, President Akio Toyoda says the final say still rests in Japan.... Read More »

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China

Volvo sale deal hits snag, Geely chairman tells paper

12:01 am U.S. ET | March 19

Zhejiang Geely Holding Group Chairman Li Shufu indicated talks to buy Ford's Volvo car unit had hit a snag due to problems at Ford Motor Co. "If the deal fails, the problem is not on our side. We have not violated any part of the agreement," he said, without specifying what the problems were.... Read More »

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