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AUTOMOTIVE NEWS EUROPE E-MAGAZINE

BMW invests 55 million euros to boost image in Korea

Aug. 12, 2014 06:01 CET
BMW will open its third global brand experience center later this month in South Korea, which will allow customers to test their driving skills on features including a winding handling circuit and an off-road course.... Read More »

 

AUTOMOTIVE NEWS EUROPE E-MAGAZINE

BMW, others lead shake-up of once-closed Korea

Aug. 11, 2014 06:01 CET
Korean automakers may threaten the global dominance of automakers such as Volkswagen and Toyota, but they are losing ground at home to foreign brands -- especially premium automakers such as BMW and Mercedes.... Read More »

 

Jaguar Land Rover helps parent Tata triple Q1 profit

Aug. 12, 2014 01:20 CET
Jaguar Land Rover's surging vehicle sales and rising profit helped parent Tata Motors triple its first-quarter net income. JLR's pre-tax profit more than doubled to 924 million pounds (1.2 billion euros) during the quarter.... Read More »

 

PSA denies partnership talks with India's Mahindra

Aug. 6, 2014 14:18 CET
PSA/Peugeot-Citroen denied an Indian newspaper report of partnership talks with India's Mahindra & Mahindra to share technology and production facilities.... Read More »

 

Southeast Asia: Next boom market?

11:00 am U.S. ET | Aug. 6, 2014
Auto industry executives are still upbeat about China, but their enthusiasm for the other BRIC countries has waned. New markets are in demand -- and are being discovered -- such as Southeast Asia.... Read More »

 

Toyota cutting the andon cord, symbol of Toyota Way

Aug. 5, 2014 19:38 CET
Toyota is retiring the “andon cord,” the emergency cable strung above assembly lines that came to symbolize the built-in quality of the Toyota Way and was widely copied through the auto industry and beyond.... Read More »

 

Toyota cutting the fabled andon cord, symbol of Toyota Way

1:38 pm U.S. ET | Aug. 5, 2014
Toyota is retiring the fabled “andon cord,” the emergency cable strung above assembly lines that came to symbolize the built-in quality of the Toyota Way and was widely copied through the auto industry and beyond.... Read More »

 

Check out the ANE e-magazine for August

Aug. 4, 2014 06:01 CET
The latest issue of the Automotive News Europe monthly e-magazine is ready for you to view. This month's edition looks at the potential risks and rewards facing Porsche as it strives to achieve global sales of 200,000 vehicles a year.... Read More »

 

Denso's quarterly profit falls on Japan labor costs, compact car shift

1:28 pm U.S. ET | July 31, 2014
Denso, the Toyota-affiliated auto supplier, posted a 16.7 percent drop in April-June quarterly operating profit from a year earlier as domestic labor costs rose and as automakers sold more compact cars in Japan that tend to be less profitable.... Read More »

 

Mazda, Subaru profit from strong U.S. sales amid downturn in Japan

10:43 am U.S. ET | July 31, 2014
Japanese automakers Mazda and Subaru parent company Fuji Heavy Industries said they are on track for record full-year profits after strong sales in the United States powered double-digit profit growth in the April-June quarter.... Read More »

 

Toyota plans to name $69,000 fuel-cell vehicle Mirai, report says

9:59 am U.S. ET | July 29, 2014
Toyota is planning to name its $69,000 fuel-cell car Mirai, the Japanese word for future, a person familiar with the decision told Bloomberg.... Read More »

 

GM Korea reaches tentative wage deal, averting strike

6:30 am U.S. ET | July 28, 2014
General Motors' South Korean unit reached a tentative wage deal with its labor union today, averting a potential strike at one of its key Asian production bases.... Read More »

 

Mitsubishi retools flagship Japan plant before hybrid push

12:01 am U.S. ET | July 26, 2014
Mitsubishi is overhauling its flagship assembly plant in Japan to slash production costs and boost capacity as it readies for increased output of plug-in hybrid vehicles. The renovations at Mitsubishi's Okazaki plant in central Japan aim to cut the cost of body assembly 30 percent.... Read More »

 

GM Korea could make next-gen Cruze if union calls off strike

7:22 am U.S. ET | July 24, 2014
GM's South Korean subsidiary told its employee union that the automaker could consider making the next-generation Chevrolet Cruze in South Korea if the union calls off a wage-related strike.... Read More »

 

Japan readies fuel cell subsidies in bet on Toyota's next big thing

10:44 am U.S. ET | July 23, 2014
Japan is readying subsidies to help Toyota and key suppliers take the lead in hydrogen-powered fuel cell vehicles that could top $400 million over the next several years if the most bullish projections for the technology play out.... Read More »

 

Japan to dangle nearly $20,000 in subsidies to spur fuel-cell sales

9:05 am U.S. ET | July 19, 2014
Japan's government will offer at least $19,700 in subsidies to speed up the introduction of fuel-cell vehicles coming to market from Toyota and Honda.... Read More »

 

Mazda2 output starts; Europe sales begin in 2015

July 18, 2014 11:03 CET
Mazda has given its Mazda2 subcompact the sharp creases and sportier stance of the brand's new Kodo design language.... Read More »

 

VW goes local in India to lift sales

July 17, 2014 16:52 CET
VW will increase the amount of locally made parts in the cars it sells in India to help lift falling sales. Five years after entering India, VW has captured just 2.1 percent of the market because its cars are seen as relatively expensive.... Read More »

 

Toyota delays delivery of 23,000 vehicles covered by neighbor's tar, soot

7:18 am U.S. ET | July 16, 2014
Toyota has to delay delivery of thousands of vehicles, including some 20,000 for export, because it has to clean up a mess left by a neighbor.... Read More »

 

Volkswagen plans $250 million investment in India

July 15, 2014 10:36 CET
Volkswagen plans to invest 15 billion rupees ($250 million) in India over the next five to six years. VW's market share in India fell in the last fiscal year to 2.1 percent from 2.4 percent.... Read More »

 

2015 Tokyo Motor Show to return to October after schedule mishap

11:03 am U.S. ET | July 15, 2014
The Tokyo Motor Show, accidentally booked last year to overlap with shows in Los Angeles and Guangzhou, will return to its traditional late October slot in 2015 in a bid to boost overseas attendance.... Read More »

 

Ford, Toyota models will help boost Turkish car output to record

July 13, 2014 20:01 CET
New models from Ford, Toyota and Hyundai are expected to help boost Turkish automotive production to a record this year as a recovery in European demand drives up exports.... Read More »

 

Top Toyota designer heads to Yamaha

12:14 pm U.S. ET | July 11, 2014
Akihiro “Dezi” Nagaya, a key designer who brought more emboldened, emotional styling to Toyota and Lexus vehicles, has been named design general manager for affiliate Yamaha Motor Co.... Read More »

 

Honda recalls 175,000 hybrids in Japan due to software glitch

6:53 am U.S. ET | July 10, 2014
Honda is recalling 175,356 gasoline-electric hybrid vehicles in Japan, including the Fit subcompact, over a software glitch in the engine control unit.... Read More »

 

GM Korea workers vote to strike as wage talks continue

6:29 am U.S. ET | July 9, 2014
GM's South Korean workers today voted to go on strike over salaries and production volume, signaling tough annual wage talks for automakers already grappling with falling earnings because of the stronger won.... Read More »

 

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Defying Dad, by building on his legacy

At Courtesy Auto Group in Illinois, Ray and Rik Fregia are seeing sales boom after million-dollar overhauls at their three stores. Mon., September 15
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