Manufacturing

VW, Ford, GM, Toyota among automakers providing up to $130 million for Takata's U.S. settlement

Feb. 14, 2018 12:20 CET

VW, Ford, GM and Toyota are among a group of 13 automakers who will contribute as much as $130 million to compensate those injured by faulty Takata airbag inflators as part of a deal to resolve the supplier's bankruptcy, a U.S. plaintiffs' attorney said.... Read More »

Haldex Q4 core profit rises 38%

Feb. 14, 2018 11:57 CET

Swedish brake systems maker Haldex reported a 38 percent rise in fourth-quarter core earnings, but said investments in development and expansion in North America and China would hold back profitability in 2018.... Read More »

GKN offers investors $3.5 billion to rebuff Melrose bid

Feb. 14, 2018 10:59 CET

UK engineering group GKN sharpened its argument against a hostile takeover attempt by Melrose, outlining plans to divest businesses representing a quarter of its sales, slash costs and return 2.5 billion pounds ($3.5 billion) in cash to shareholders over the next three years.... Read More »

PSA says new Peugeot, Citroen and Opel vans will set benchmark for segment

Feb. 13, 2018 10:54 CET

PSA aims to boost its position in Europe's lucrative light van sector by launching three new models for its Peugeot, Citroen and Opel/Vauxhall brands.... Read More »

Takata, U.S. government tangle over victim payments

5:05 pm U.S. ET | Feb. 13, 2018

Airbag supplier Takata and the U.S. government have agreed how to divvy up $850 million in restitution payments to automakers, but the two still are debating in court over which victims will receive the remaining $125 million.... Read More »

Daimler warns of supply chain risk from switch to electric cars

Feb. 13, 2018 16:23 CET

Daimler warned that a fall in demand for diesel cars and a switch to electric vehicles could force it to prop up its supplier base.... Read More »

2018 GENEVA AUTO SHOW

Lancia Stratos revived by former Pininfarina executive

Feb. 13, 2018 15:00 CET

The Lancia Stratos rally car is being revived by Italy's Manifattura Automobili Torino as a 500,000 euros ($617,000) sports car offering a performance of up to 600 hp.... Read More »

Tesla's scramble for lithium

12:01 am U.S. ET | Feb. 12, 2018

Tesla's talks to invest in a lithium supplier indicate automakers have a long road ahead to secure a steady supply of the metal to support the mass production of electric vehicles.... Read More »

Sweden's Northvolt battery plant gets financing approval from EIB

Feb. 12, 2018 06:01 CET

The European Investment Bank has approved 52.5 million euros ($64 million) in financing, alongside Sweden's government, for a Swedish plan to build Europe's biggest battery cell plant as part of a EU push to compete with Asian and U.S. manufacturers.... Read More »

GM to close 1 of 4 plants in South Korea

9:27 pm U.S. ET | Feb. 12, 2018

GM plans to close one of its four South Korean assembly plants as the first step in a larger restructuring of its unprofitable GM Korea operations.... Read More »

Blair Thompson, GM exec who helped create Delphi, dies at 89

1:52 pm U.S. ET | Feb. 12, 2018

Former General Motors executive Blair Thompson, who helped lay the foundation for parts supplier Delphi Automotive, died Jan. 29. He was 89.... Read More »

Ford, Mazda expand 'do not drive' warning to additional pickups

1:15 pm U.S. ET | Feb. 12, 2018

Ford is expanding a warning to another 33,000 owners of older Rangers in North America not to drive them until they get repairs because of a potentially defective Takata airbag inflator; Mazda is issuing a similar expansion for about 1,800 2006 B-series pickups.... Read More »

Tenneco earnings, revenue rise in Q4

9:56 am U.S. ET | Feb. 12, 2018

Ride-control and emissions control systems supplier Tenneco said its adjusted net income for the fourth quarter increased to $97 million, powered by growth in the truck and off-highway business.... Read More »

Porsche mulls production increase for Mission E

Feb. 12, 2018 09:53 CET

Porsche says it may increase the annual production capacity of its Mission E model beyond 20,000 cars when it launches next year. The brand will also decide shortly whether to electrify its Macan SUV.... Read More »

Ford rushes to build more SUVs

12:01 am U.S. ET | Feb. 12, 2018

Ford and Lincoln dealers can't get enough of their biggest, most expensive SUVs to keep up with customer demand, so the automaker is investing $25 million to speed up the assembly line in Kentucky.... Read More »

Mexico's '17 record production rises more

12:01 am U.S. ET | Feb. 12, 2018

The Mexican auto industry revised its 2017 record auto production upward after newcomer Audi reported numbers from its Q5 plant in San Jose Chiapa, Puebla.... Read More »

U.S. plant took Subaru on new journey

12:01 am U.S. ET | Feb. 12, 2018

Subaru of Indiana Automotive has mirrored the brand's sales growth in the U.S. since it opened.... Read More »

Nissan pondering capacity relief

12:01 am U.S. ET | Feb. 12, 2018

Nissan management says the automaker has run out of the available factory space that has fueled its U.S. sales growth. It's time to build a new assembly plant.... Read More »

Ram plan brings Detroit ripples

12:01 am U.S. ET | Feb. 12, 2018

Moving FCA's heavy-duty Ram pickup from Mexico to Detroit will have the impact of a new plant -- but suppliers are waiting to see what's expected.... Read More »

Q&A: TOM GEBHARDT

Panasonic exec: More EV battery plants are coming

12:01 am U.S. ET | Feb. 12, 2018

Panasonic Corp. is ready to add battery capacity as automakers announce new EVs.... Read More »

TAKATA AND THE RECALL CRISIS

Takata, injured drivers reach deal that will likely end U.S. bankruptcy

9:16 pm U.S. ET | Feb. 11, 2018

Takata reached a settlement with its creditors, plaintiffs' lawyers and automakers that should smooth the way to end its Chapter 11 bankruptcy and sell its viable operations.... Read More »

Atlanta rises as a hub for industry

12:01 am U.S. ET | Feb. 10, 2018

PSA's selection of Atlanta for its U.S. headquarters shines a light on the city's growth in automotive engineering.... Read More »

Nissan plan envisions China eclipsing U.S.

12:01 am U.S. ET | Feb. 10, 2018

Nissan is plotting aggressive growth in China that may catapult the country ahead of the United States as the Japanese carmaker's top market.... Read More »

PSA will buy controlling stake in Chinese supplier Jian Xin

Feb. 9, 2018 11:12 CET

PSA has agreed to buy a controlling stake in Chinese automotive spare parts distributor Jian Xin, with the automaker looking to improve its performance in the lucrative Chinese market.... Read More »

Tesla's Model 3 production goal depends on equipment still in Germany

Feb. 9, 2018 10:28 CET

Tesla, which has pushed back its Model 3 production targets several times, is waiting for a new automated system for module production to be sent from Germany and installed at its U.S. battery factory.... Read More »

 
Why rival designers are talking up the Jaguar I-Pace

Richard Johnson
12:01 am U.S. ET | Feb. 19 2018

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It's intriguing when, without prompting, designers talk up a rival vehicle. And that's happening wit ...
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Renault follows Audi into the potentially lucrative e-sports world

Peter Sigal
12:01 am U.S. ET | Feb. 14 2018

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Renault is following other major corporate sponsors, including Audi, into the potentially lucrative ...
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VW has fixed its China operations and is now set to keep its lead

Yang Jian
5:39 am U.S. ET | Feb. 9 2018

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GM, Toyota, Honda, Geely and Great Wall have all had good starts to the year in China, posting stron ...
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Polestar CEO's challenge: embracing change

Douglas A. Bolduc
12:01 am U.S. ET | Feb. 8 2018

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Polestar CEO Thomas Ingenlath made the rare transition of from design boss to chief executive of his ...
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For German automakers, an ugly past that won't go away

Christiaan Hetzner
2:18 pm U.S. ET | Feb. 2 2018

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The moral depths to which Volkswagen was willing to sink in order to defraud public opinion about th ...
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Jaguar XJ could be reborn as electric Tesla fighter

Richard Truett
12:01 am U.S. ET | Jan. 23 2018

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Autocar reported this week that the Jaguar XJ flagship sedan is being rebuilt from the wheels ...
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Peugeot's decision to give 3008 and 5008 SUV styling pays off

Peter Sigal
12:01 am U.S. ET | Jan. 19 2018

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Peugeot's decision to replace its 3008 and 5008 minivans with more crossover-oriented versions has p ...
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BMW exec combines Silicon Valley innovation with corporate rigor

Nick Gibbs
12:01 am U.S. ET | Jan. 17 2018

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German automotive companies have acknowledged that they need to foster a work culture more akin to S ...
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Will Mercedes' G class get juiced?

Amy Wilson
9:35 pm U.S. ET | Jan. 14 2018

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Mercedes could make an electric variant of its iconic G-class SUV, Dieter Zetsche seemed to imply in ...
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PSA develops possible Renault Twizy rival

Peter Sigal
4:55 am U.S. ET | Jan. 12 2018

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PSA's latest effort in the field of mobility services is a plug-in hybrid three-wheeled scooter that ...
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Newsletters & Alerts
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European sales rise 7% in January, boosted by SUVs
Europe's new-car market opened the year with 7 percent sales growth in January. Almost all automaker ...
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Renault, Kia and Ford are winners as Russia sales rise 31%
Renault, Kia and Ford were big winners in Russia in January after the new-car market grew by 31 perc ...
 Read More ›
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French, Asian brands outstrip home rivals in rising German market
French and most Asian brands outstripped domestic rivals in sales growth in a German market up 12 pe ...
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UK sales fall 6% in January with diesel demand slumping
UK registrations fell 6 percent last month as weaker consumer confidence and uncertainty over the fu ...
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Italy sales rise 3% on extra selling day
New-car sales in Italy rose 3.4 percent to 177,822 in January, according to figures published by Ita ...
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Spain sales surge 20% in January
New-car sales in Spain surged 20 percent in January on strong demand for the VW, Seat and Peugeot br ...
 Read More ›
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France sales increase nearly 3% in January
New-car registrations in France rose 2.5 percent in January, with sales helped by strong gains at Pe ...
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European sales fall 5% in December with Fiat, Nissan and Skoda among biggest losers
European new-car sales fell nearly 5 percent in December, hurt by extra days off for Christmas versu ...
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Kia, VW are winners as Russia sales rise 12% in 2017
Kia and VW brand were the top gainers in Russia last year as the country's new-car market rebounded ...
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Europe's luxury compact car segment forecast to decline for second year
Aging models such as the BMW 1 series and Audi A3 as well as the continued rise of SUV alternatives ...
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Europe's EV sales expected to top 200,000 this year
Sales of full-electric cars are set to surge to 200,000 this year, helped by the arrival of the new ...
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VW, Peugeot, Seat propel compact SUV sector toward new record
Strong demand for new entries from VW, Peugeot and Seat helped to increase European sales in the com ...
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Premium midsize SUVs overtake sedans, wagons in key European segment
Last year for the first time premium SUV models such as the Volvo XC60, Audi Q5 and BMW X3 were more ...
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Renault, Mercedes, Fiat give new life to pickup segment
Renault, Fiat, Mercedes, and soon PSA, are all launching pickup trucks to take on market leader Ford ...
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Automakers add more tech to subcompact cars to boost margins
New models, increased technology and a strong focus on personalization are helping volume automakers ...
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Small SUVs in focus as Citroen, Hyundai, Kia and Seat ready challengers
Europe's small SUV segment is about to get a lot more crowded as automakers including VW, Hyundai, K ...
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EVs are Europe's fastest growing segment
The EV segment was Europe's fastest growing sector in the first half as sales jumped 56 percent. ...
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Mercedes, Mini, help reverse Europe's cabriolet slump
Europe's premium convertible segment is on the rise as new models from Mercedes, Mini and Porsche he ...
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SUVs will continue to dominate in Europe
Surging demand for SUVs and crossovers in Europe shows no signs of slowing. Analysts predict the bod ...
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Toyota promotes female executive to top management level
Chika Kako is a rarity in Toyota's upper echelons. ...
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Rolls-Royce appoints new engineering chief
Rolls-Royce named BMW veteran Mihiar Ayoubi as head of engineering at the British ultraluxury brand. ...
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Kuniskis' job: Fan excitement for Alfa, Maserati
Tim Kuniskis, the car-crazy U.S. sales guy handed control of Alfa Romeo and Maserati, knows somethin ...
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FCA names new global boss for Alfa, Maserati
Fiat Chrysler named Tim Kuniskis to be the new global head for Maserati and Alfa Romeo while trimmin ...
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New ZF CEO is former Bosch autos boss Scheider
ZF recruits mew CEO from Mahle, which had grabbed him from Bosch. Mahle promotes the man it recruite ...
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Nissan Europe promotes veteran alliance exec to top sales job
Nissan Europe has promoted Ken Ramirez to lead its sales and marketing operations in the region foll ...
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Valeo appoints new China president
Valeo has promoted Francois Marion to president of its China unit. ...
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Former Bosch autos chief will be new ZF CEO, reports say
Bosch's former automotive division head, Wolf-Henning Scheider, will be the new CEO of ZF, moving fr ...
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Skoda veteran named Audi's China sales chief
Audi has appointed Marco Schubert, Skoda's sales chief for Asia, as president of sales at VW's joint ...
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Schaeffler names former BMW exec as new e-mobility chief
Schaeffler has appointed Jochen Schroeder, a former BMW executive, to lead the group's newly establi ...
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BMW makes leaner, sleeker 6-series GT
BMW hopes a more appealing design, greater variability and increased comfort will propel sales of it ...
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Volvo counts on XC40 for conquests
Volvo is counting on its first model in the fast-growing premium compact SUV segment to break a lot ...
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Hyundai gives Kona off-road capabilities to broaden small SUV's appeal
Hyundai hopes a sharp design, advanced connectivity features and off-road capability will help win c ...
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Citroen sees C3 Aircross luring minivan loyalists
Citroen says the C3 Aircross will stand out from rivals in the subcompact SUV segment with its expre ...
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VW seeks youth appeal with T-Roc
VW believes the T-Roc's high-tech connectivity features, expressive design and fashionable color opt ...
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Seat Arona tackles the 'urban jungle'
Seat is aiming its Arona subcompact crossover at inhabitants of "the urban jungle" who don't need of ...
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BMW sticks to X3's winning formula
BMW has stuck to its winning formula for its X3, one of the automaker's highest volume models, givin ...
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Renault touts Alaskan's comfort features
Renault is seeking to capture a share of Europe's small-but-growing pickup segment with the Alaskan, ...
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Mercedes pickup aims to mimic success of brand's SUVs
Daimler hopes the Mercedes X class will be a game-changer for its light commercial vehicles division ...
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Opel Grandland X plugs key gap in SUV lineup
Opel's Grandland X crossover is expected to give the automaker a strong foothold in Europe's popular ...
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Suppliers to the new Toyota C-HR
Assembly of the all-new Toyota C-HR began in November 2016 at the automaker's plant in Sakarya, Turk ...
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Suppliers to the new Aston Martin DB11
Assembly of the all-new Aston Martin DB11 began in May 2016 in at the supercar maker's plant in Gayd ...
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Suppliers to the new Audi Q2
Assembly of the all-new Audi Q2 began in July 2016 at Audi's plant in Ingolstadt, Germany. ...
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