Automakers and Suppliers

VW, Ford and others helped in Russia by ruble's rise

March 30, 2017 13:46 CET

Foreign automakers in Russia including VW, Ford and Renault-Nissan are benefiting from a stronger, more stable ruble, which is reducing their costs and supporting earnings. Russia's car market is forecast to grow by 4 percent in 2017 after four years of losses.... Read More »

VIDEO: First Shift: VW cleared to sell '15 diesels

8:30 am U.S. ET | March 30, 2017

VW free to sell updated '15 diesels; New engine for Ford Canada?; Hyundai EV plan; Mahindra eyes U.S.; Racing's Roush, GM's Welburn head to Hall of Fame; Honda's high-flying gambit.... Read More »

ZF CEO sees further megamergers in auto supply industry

March 30, 2017 14:08 CET

The complexity of self-driving cars is forcing high-tech software and semiconductor companies to team up with auto suppliers and manufacturers, a dynamic that is likely to spur more takeovers and acquisitions going forward, ZF CEO Stefan Sommer said.... Read More »

Musk gets boost in China from Tencent's 5% Tesla stake

8:06 am U.S. ET | March 30, 2017

Tesla CEO Elon Musk just gained a massive and well-connected confidant to help him better crack China's auto market: Tencent Holdings Ltd.... Read More »

ZF acquires stake in German radar sensing tech firm

4:15 am U.S. ET | March 30, 2017

ZF Friedrichshafen has acquired a 45 percent stake in Astyx Communication & Sensors, which develops and produces ultra-high-frequency radar sensors and modules.... Read More »

Hyundai is working on dedicated EV platform

March 30, 2017 10:05 CET

Hyundai is developing its first dedicated architecture for electric cars, a top executive said. The platform will allow Hyundai and sister brand Kia to sell EVs that will be "more competitive" than rival offerings, said Lee Ki-sang, a senior vice president at the automaker.... Read More »

2017 SHANGHAI AUTO SHOW

Skoda previews self-driving, EV tech with Vision E concept

March 30, 2017 10:33 CET

Skoda will present self-driving and electric drivetrain technologies with the Vision E concept that the brand will debut at the Shanghai auto show next month. The concept previews a production model due in 2020.... Read More »

Audi's unions demand electric model for German plant

March 30, 2017 09:34 CET

Audi labor leaders have asked the company to assign production of an all-electric model to the carmaker's main plant in Germany. Unions are concerned that Audi's German workers might lose out as EVs gain in importance.... Read More »

Hyundai seeks to renew fuel cell push with long-range SUV

March 30, 2017 11:39 CET

Hyundai, the first automaker to mass-produce fuel cell vehicles, plans to unveil a new hydrogen-powered SUV next year with a longer driving range than rival offerings by Toyota and Honda as it attempts to reclaim leadership in the field.... Read More »

German supplier Bruss put up for sale, report says

March 30, 2017 12:16 CET

German supplier Bruss Sealing Systems has been put up for sale by its family owners in a potential 600 million-euro ($645 million) deal, a report said.... Read More »

ZF 2016 profits rise, debt falls on TRW acquisition

March 30, 2017 12:02 CET

ZF expects an operating margin of more than 6 percent and sales of 36 billion euros ($38.65 billion) this year as it absorbs the acquisition of TRW. Last year, sales rose 21 percent to 35 billion euros, corresponding to a 6.4 percent margin.... Read More »

Toyota recalls 2.9 million vehicles over Takata airbags

March 30, 2017 08:27 CET

Toyota is recalling 2.9 million vehicles in Japan, China, Europe and other regions due to potentially faulty airbags made by Takata. North America, Toyota's biggest market, is not part of the recall.... Read More »

Auto industry demands tariff-free access to EU as UK triggers Brexit

March 29, 2017 11:44 CET

Automakers said the UK must secure a Brexit deal that preserves tariff-free access between Britain and the EU after Prime Minister Theresa May formally launched Brexit divorce proceedings.... Read More »

Volkswagen cleared by EPA to sell repaired 2015 diesels

6:49 pm U.S. ET | March 29, 2017

Volkswagen said it received approval from the EPA for dealers to sell 2015 model year diesels after updating the vehicles' emissions software. The software update is part of a required emissions repair approved by the EPA and California's Air Resources Board.... Read More »

JOHN IRWIN

BLOG: Trump's labor chief nominee once ruled in favor of UAW

4:02 pm U.S. ET | March 29, 2017

President Donald Trump's pick to head the Labor Department once had the UAW's back in a dispute with DaimlerChrysler.... Read More »

VW files legal complaint over searches at law firm handling diesel scandal

March 29, 2017 14:14 CET

VW Group has filed a legal complaint with a Munich court, seeking to prevent German prosecutors from using information seized during searches of the law firm it hired to investigate its emissions scandal. Some VW board members had misgivings about contesting the prosecutors' action, Reuters reported.... Read More »

Toyota forges new urban, off-road concept for N.Y.

4:00 pm U.S. ET | March 29, 2017

Toyota, perhaps with an eye on Jeep's Wrangler, will introduce an off-road concept with urban chops called the FT-4X Concept at the New York auto show.... Read More »

Santander pays $25.9 million to settle subprime auto loan probes

2:29 pm U.S. ET | March 29, 2017

Santander Consumer USA agreed to pay $25.9 million to resolve probes by the attorneys general in Massachusetts and Delaware into its financing and securitization of subprime auto loans. The deals resolve allegations Santander facilitated unfair, high-rate auto loans for thousands of car buyers.... Read More »

VIDEO: AutoNews Now: First U.S. sales gain of 2017?

3:30 pm U.S. ET | March 29, 2017

First U.S. sales gain of '17?; Ford engine-fire risk; Recalls cut into Blue Oval earnings; Big checks for Opel execs?; VW's raid outrage; Brexit wish list; Driverless deep-dish.... Read More »

Big lenders backing off subprime loans

12:01 am U.S. ET | March 29, 2017

Some of the nation's largest auto lenders are likely to remain cautious about subprime in 2017 - especially the lower end of subprime - after hitting the brakes on the segment to varying degrees in 2016. The void could result in smaller lenders, including buy-here, pay-here dealerships, gaining share, including business from customers who can no longer find financing at new-car dealerships.... Read More »

Daimler shareholder demands right to be naked at annual meeting

1:52 pm U.S. ET | March 29, 2017

Daimler's annual meeting threatened to veer off course for a second year after a shareholder pontificated on his right to be naked.... Read More »

Zurich sued over charge-back program

11:30 am U.S. ET | March 29, 2017

Idaho retailer Chalfant and Edmark Auto are suing Zurich for misrepresenting and mismanaging a charge-back program and then billing them for the resulting $230,000 deficit. Zurich plans to defend the matter “vigorously.”... Read More »

Ford Credit sees little to worry about from longer terms

11:30 am U.S. ET | March 29, 2017

Ford Credit doesn't like the rise in longer-term loans but also doesn't worry about their impact on the industry. Maybe that's because it has largely avoided joining the trend.... Read More »

Paris and London plan scoring system to monitor emissions

March 29, 2017 17:14 CET

The mayors of Paris and London announced a scoring system for monitoring emissions from vehicles to help improve air quality in the two capitals.... Read More »

Deep subprime becomes norm in car loan market, analysts say

6:36 am U.S. ET | March 29, 2017

About a third of the risky car loans that are bundled into bonds are considered “deep subprime,” a level that has surged since 2010 and is translating to higher delinquencies, Morgan Stanley says.... Read More »

 
Lithium next German power play?

Christiaan Hetzner
12:01 am U.S. ET | March 28 2017

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BMW, Daimler and VW came together to acquire Nokia's HERE high-definition mapping unit in 2015 so wi ...
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Shanghai show to measure progress of China's would-be Teslas

Yang Jian
4:19 am U.S. ET | March 24 2017

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At least six startups funded by Chinese backers have hatched plans to develop high-performance EVs a ...
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Why VW patriarch Piech's parting will be bitter

Christiaan Hetzner
8:16 am U.S. ET | March 22 2017

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Ferdinand Piech's plan to burn all bridges to his life's work and sell his indirect stake in VW Grou ...
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Why city mayors may dictate which cars will rule the roads

Luca Ciferri
12:01 am U.S. ET | March 18 2017

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PSA Group CEO Carlos Tavares is scared that the mayors of the world's biggest cities -- especially t ...
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How Aston Martin could help make your life better

Douglas A. Bolduc
12:01 am U.S. ET | March 17 2017

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Aston Martin is playing a key role in reducing CO2 and giving back a huge amount of lost time to car ...
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Audi CEO's polished exterior shows cracks amid diesel scandal

Christiaan Hetzner
5:53 am U.S. ET | March 17 2017

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There are few German top managers as practiced as Audi CEO Rupert Stadler. ...
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As VW exits crisis, the press spins next chapter like pirate radio

Larry P. Vellequette
12:01 am U.S. ET | March 15 2017

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When the financial and automotive press gathered Tuesday in Wolfsburg, home to a leading automaker, ...
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Mitsubishi gets a lot more European

Douglas A. Bolduc
12:01 am U.S. ET | March 15 2017

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Mitsubishi is becoming a lot more European as Chairman Carlos Ghosn fills key posts with trusted French and British executives. ...
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Perseverance leads to perfect iPad pockets in new XC60


12:01 am U.S. ET | March 8 2017

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Volvo's new XC60 has an iPad-friendly storage space that took a decade to make a reality. ...
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For Italy's Giugiaros, a return to the Geneva spotlight


12:01 am U.S. ET | March 8 2017

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It would not be a Geneva auto show without Giorget‎to and Fabrizio Giugiaro up on a small stan ...
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Newsletters & Alerts
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European sales rise 2% amid political uncertainty
New-car registrations rose 2 percent in Europe last month even though major brands such as VW, Opel ...
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W. European sales edge up in February
Western European car sales rose nearly 1 percent in February as demand slowed in key markets. ...
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Diesels lose appeal in weaker German car market
New-car sales in Germany fell nearly 3 percent last month, with diesel models worst hit as authoriti ...
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Opel, PSA lag rivals as Europe sales rise 10% in January
GM's Opel brand and PSA posted weaker European sales in January than their rivals amid discussions o ...
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Opel, PSA lag rivals as Europe sales rise 10% in January
Opel and PSA posted weaker European sales in January than their rivals amid discussions of a possibl ...
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Irish new-car sales fall in January as Brexit bites
New-car sales in Ireland fell nearly 2 percent in January as the British pound's sharp decline after ...
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EU car sales growth expected to slow to 1%, ACEA says
Car sales in the EU are expected to grow by about 1 percent in 2017, a sharp slowdown from last year ...
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Russia slump forecast to end; rapid recovery unlikely
After a four-year drop, Russia's car market looks to have bottomed out, leaving manufacturers optimi ...
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Western European car sales rise 10% in January
Western European car sales rose 9.5 percent in January on buoyant demand in Germany, France, Italy a ...
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UK sales rise 3% in Jan. on consumer demand
UK new-car registrations rose 3 percent in January, helped by the first increase in demand from priv ...
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New mild hybrid tech will shake up green car sales
Mild hybrid cars with cheaper and less complex technology than plug-in and full hybrids will reduce ...
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SUV sales rise to 25% of European market
SUVs and crossovers accounted for a quarter of all European passenger vehicle sales last year as mod ...
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VW Golf, other volume compacts lose share to premium rivals, SUVs
The VW Golf and Ford Focus compacts are being squeezed as premium competitors such as the Mercedes A ...
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Europe's large premium SUV segment heads for record year
Europe's large premium SUV segment is on track for a record year, helped by rising sales of models s ...
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Audi, Mercedes push key segment toward milestone
Audi, BMW and Mercedes-Benz are largely responsible for the growing success of the compact premium s ...
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Audi, BMW, Jaguar give midsize premium segment a lift
Europe's midsize premium segment grew at a near double-digit pace in the first half on new models fr ...
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Audi's new development boss will start earlier than expected
Former Volvo executive Peter Mertens will become Audi's development chief earlier than anticipated, ...
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Nissan appoints EV expert as new tech boss for Europe
Nissan has appointed company veteran Nobusuke Toukura as the head of its European technical center. ...
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Nissan Europe promotes French exec to sales and marketing chief
Nissan Europe named Philippe Saillard as its new head of sales and marketing, a promotion from his c ...
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Infiniti names former BMW exec Habib as design chief
Infiniti, Nissan's premium brand, named Karim Habib, former global design chief for BMW, as the bran ...
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Nissan's Nakamura retires as design team is shuffled
Shiro Nakamura, who penned some of Nissan's most daring and memorable cars, will retire after 17 yea ...
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GM, Honda name top management for fuel cell venture
GM and Honda named the top managers that will oversee their newly formed Fuel Cell System Manufactur ...
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Toyota names new Europe sales boss
Toyota has shuffled its executive team in Europe, naming Hiroaki Nanahara, a veteran of the company' ...
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Toyota trims exec positions, aims for quicker decision making
Toyota has reduced its number of top positions to speed up decision making, as the automaker works t ...
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Daimler picks U.S. trucks chief Daum to replace Bernhard
Daimler has appointed the head of its North American trucks division to run group-wide truck operati ...
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Federal-Mogul shakes up leadership under Icahn takeover
Federal-Mogul Holdings named Bradley Norton as the new co-CEO and CEO of the supplier's motor parts division. ...
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Mini maxes out with Countryman
The Mini Countryman has grown to become the BMW subsidiary's biggest model to date and now competes ...
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Nissan plots Micra's return to Europe's top 10
Nissan wants to re-establish the Micra subcompact as one of the 10 top-sellers in Europe's biggest a ...
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Hyundai gives i30 a tech boost
The Hyundai i30's success has been important in boosting the brand's European growth in the past 10 ...
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Toyota gets quirky with C-HR to 'turn heads'
Toyota is a latecomer to Europe's crossover segment with the new C-HR. ...
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Better-connected 5 series gets tech from BMW flagship
BMW has made its 5 series lighter, more economical and fully connected with advanced technology firs ...
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Smart improves ForTwo, ForFour EV variants with Renault tech
Smart has improved its EV technology for the battery-powered versions of its ForTwo and ForFour with ...
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Audi makes Q5 a tougher rival for Mercedes GLC, Porsche Macan
Audi has developed the second-generation Q5 to have the driving dynamics of the Porsche Macan and a ...
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Audi makes Q5 a tougher rival for Mercedes GLC, Porsche Macan
Audi has developed the second-generation Q5 to have the driving dynamics of the Porsche Macan and a ...
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Peugeot moves upscale with new 3008 SUV
The new Peugeot 3008 has been turned into an SUV from a minivan and has been given significant upgra ...
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Citroen aims C3 at Facebook generation
Citroen is aiming its new C3 firmly at younger, tech-savvy buyers who will appreciate features such ...
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Suppliers to the new Renault Megane
Assembly of the fourth-generation Renault Megane began in November 2015 at the French automaker's fa ...
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Suppliers to the new Infiniti Q30
Assembly of the all-new Infiniti Q30 began on Daimler's MFA platform in December 2015 at the Nissan' ...
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Suppliers to the new Mercedes C-class Coupe
Assembly of the second-generation Mercedes-Benz C-class Coupe began in Bremen, Germany, in October 2 ...
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Suppliers to the new Opel/Vauxhall Astra
Assembly of the latest Opel/Vauxhall Astra began in Gliwice, Poland, in August 2015 and then in Elle ...
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Suppliers to the new Jaguar F-Pace
Assembly of Jaguar's all-new F-Pace began at parent Jaguar Land Rover's facility at Solihull, Englan ...
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