Automakers and Suppliers

VW's Piech is Germany's best-paid chairman, survey says

April 21, 2015 12:56 CET

VW Group Chairman Ferdinand Piech is Germany's best paid supervisory board chief, a survey showed. Piech's compensation rose last year to 1.47 million euros ($1.57 million), reflecting VW's record 2014 profit and deliveries.... Read More »

Toyota in talks to boost China output to meet 2 million sales goal

6:57 am U.S. ET | April 21, 2015

Toyota, already planning to build one new assembly plant in China in 2017, is in talks to further ramp up production in the world’s largest auto market.... Read More »

BMW will build fwd cars in China to attract middle class

April 21, 2015 10:11 CET

BMW will double the number of cars it builds in China to six as it adds models including the front-wheel-drive 2-series Active Tourer minivan in a bid to increase sales to middle class buyers who don't have chauffeurs.... Read More »

PSA lifts European output as market upturn helps turnaround plan

April 21, 2015 10:55 CET

PSA will boost European production by 10 percent as a market rebound and demand for models including the Peugeot 208 subcompact and Citroen C4 Cactus crossover help boost the carmaker a year into a major turnaround plan.... Read More »

AUTOMOTIVE NEWS EUROPE E-MAGAZINE

Volvo's future rides on revived XC90

April 21, 2015 06:15 CET

Volvo says its all-new XC90 flagship represents the future of the automaker, which aims to nearly double global sales to 800,000 vehicles by 2020.... Read More »

China's Geely gears up for push into Europe, U.S.

April 21, 2015 08:38 CET

Chinese automaker Geely plans to build a small SUV late next year that will go on sale in China in early 2017, several European markets a year or so later, and eventually the U.S., sources said. For export to Europe, the SUV will initially be a plug in hybrid because Geely wants to be seen as a maker of affordable high-tech cars rather than just a cheap Chinese brand.... Read More »

Phil Martens out as CEO of aluminum supplier Novelis

1:56 pm U.S. ET | April 20, 2015

Top aluminum rolled products maker Novelis announced Monday the surprise departure of CEO Philip Martens -- a former rising star executive at Ford -- who helped the India-owned supplier shift toward the automotive sector.... Read More »

PACE Award winners take on the fuel economy challenge

9:15 pm U.S. ET | April 20, 2015

Auto suppliers are responding to automakers' needs for better fuel economy, claiming half of this year's Automotive News PACE Awards with innovations that cut weight or make powertrains more efficient. Fourteen game-changing products and processes from 12 suppliers were honored at a ceremony in Detroit tonight.... Read More »

Mahindra will present bid for Pininfarina by April 29, report says

April 20, 2015 14:48 CET

India's Mahindra & Mahindra aims to present a formal offer for Pininfarina in time for the Italian car designer's shareholder meeting on April 29, a report said.... Read More »

Jaguar Land Rover forced to accept Range Rover Evoque lookalike from China's Jiangling

April 20, 2015 13:31 CET

Jaguar Land Rover will not take action against Jiangling Motors over the Chinese automaker's Landwind X7, which the UK automaker says closely resembles the Range Rover Evoque SUV.... Read More »

BMW cutting production, prices in China as market slows

April 20, 2015 14:28 CET

BMW has reduced the prices of some of its vehicles in China and will cut local production in the country to ensure that dealers are not overstocked as luxury demand in the world's largest auto market slows.... Read More »

Chevrolet explores autonomous driving with FNR concept

8:56 pm U.S. ET | April 20, 2015

Having just declared its goal of hitting 1 million vehicle sales in China by 2020, Chevrolet revealed a futuristic concept car at the Shanghai auto show meant to showcase its technical prowess to young Chinese buyers. The FNR concept, an acronym for the brand's “Find New Roads” theme, is a pod-like, science-fiction inspired autonomous electric vehicle.... Read More »

PACE Award winners to be announced tonight

11:19 am U.S. ET | April 20, 2015

It's showtime for the 2015 PACE Awards. The winners will be announced tonight at a black-tie event at the Max M. Fisher Music Center in Detroit. The 21st annual awards honor innovation in the supplier community.... Read More »

N.A. output up 4.2% in March

12:01 am U.S. ET | April 20, 2015

North America car and truck production in March rose 5.4 percent from March 2014 volumes, to an estimated 1,628,340 vehicles.... Read More »

VIDEO: AutoNews Now: Big on luxury in Shanghai

12:01 am U.S. ET | April 20, 2015

Spacious rides from VW, Volvo, debuts from GM, Ford, Lexus; win for Mitsu; dealer payrolls rising; model makeovers.... Read More »

Lexus revamps ES with bolder looks for U.S., China

12:57 pm U.S. ET | April 20, 2015

Lexus surveyed customers in China and the U.S. to come up with the more aggressive looks of the refreshed ES sedan that goes into production in the United States later this year.... Read More »

ZF sells bonds to help finance TRW acquisition

2:37 pm U.S. ET | April 20, 2015

ZF raised $2.4 billion with the company's first bond sale in its 100-year history to help pay for its acquisition of automotive safety components supplier TRW Automotive Holdings Corp.... Read More »

Test Drive TV mobile app delivers official car videos to enthusiasts

2:32 pm U.S. ET | April 20, 2015

A new mobile video app that curates official Web videos posted by automakers on sites such as YouTube and organizes them into individual channels on the app is now live.... Read More »

Alfa's pitch will be luxury, Italian style

12:01 am U.S. ET | April 20, 2015

As he prepares the campaign to reintroduce Alfa Romeo to the United States, Fiat Chrysler marketing chief Olivier Francois says he may exploit the notion that shoppers have become tired of lookalike German luxury cars.... Read More »

GM ignition-switch death claims rise by 3 to 87

11:47 am U.S. ET | April 20, 2015

The death count from General Motors' faulty ignition switches has reached 87, up three from a week earlier.... Read More »

Musk nearly sold Tesla to Google in 2013, new book says

11:33 am U.S. ET | April 20, 2015

A book titled Elon Musk: Tesla, SpaceX, and the Quest for a Fantastic Future says Musk had a deal with Google's Larry Page to sell Tesla to the technology giant before the electric-car maker saw a turnaround in its fortunes.... Read More »

Small-car production migrates to Mexico

12:01 am U.S. ET | April 20, 2015

Toyota's plan to build the Corolla at a new plant in Guanajuato is the latest sign that Mexico is becoming a giant in small cars. Amid a surge of automaking capacity, the nation is making its biggest impact on the production of compacts and subcompacts -- cars with narrow profit margins and wide appeal outside North America.... Read More »

VW says it could cut battery costs with single design

12:01 am U.S. ET | April 20, 2015

Volkswagen's r&d boss says using a single type of lithium ion battery cell for all VW, Porsche, Audi and other group electrified vehicles could lead to a two-third reduction in what the automaker currently spends on the technology.... Read More »

GM'S WHIZ KID

In short order, Dan Ammann has soared to GM's top operations jobs

12:01 am U.S. ET | April 20, 2015

After a surprise career change and startling ascension, Dan Ammann now oversees General Motors' operations around the world. The 43-year-old president is responsible for two tasks seen as key to the company's success: revitalizing Chevrolet and Cadillac, while unifying how the company's historically fractured regional businesses make and sell vehicles.... Read More »

VIDEO: First Shift: Cadillac shows plug-in CT6

12:01 am U.S. ET | April 20, 2015

Electric range is 37 miles or more; Benz's X4-fighter?; Chinese company seeks U.S. dealers; helping Honda look ahead.... Read More »

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