Manufacturing

ElringKlinger may cancel EV contract

March 2, 2015 15:14 CET
German supplier ElringKlinger says it may terminate a contract to supply a major customer with components for electric cars to halt continued losses at its E-Mobility business.... Read More »

 

Apple car rumors fuel debate on future vehicles

March 2, 2015 10:53 CET
Reports that Apple may be building a car have got established automakers wondering whether they are still in pole position to build the car of the future and will likely fuel debate at this week's Geneva auto show on the role of tech companies in the future of carmaking.... Read More »

 

HANS GREIMEL

Could Toyota Mirai's hot demand and 2-year backlog undermine its success?

6:57 am U.S. ET | March 2, 2015
Would you buy a car if you had to wait two years for delivery? That's what Toyota is asking its customers to do with its Mirai hydrogen fuel cell vehicle.... Read More »

 

2015 GENEVA AUTO SHOW

Magna Steyr to debut hybrid sports car concept

March 2, 2015 11:30 CET
Magna Steyr will debut a concept sports car at the Geneva auto show this week. The Mila Plus hybrid is powered by a three-cylinder gasoline engine paired with two electric motors that produce a combined 270 hp.... Read More »

 

AUTOMOTIVE NEWS EUROPE E-MAGAZINE

Check out the ANE e-magazine for March

March 2, 2015 06:01 CET
The latest issue of the Automotive News Europe monthly e-magazine goes live on Monday, March 2. This month's edition looks why ultraluxury brands such as Bentley, Lamborghini, Rolls-Royce and Maserati are poised to keep experiencing unprecedented success.... Read More »

 

Airbag-safety vet leads hunt for Takata clues

12:01 am U.S. ET | March 2, 2015
David Kelly, the former federal auto safety regulator chosen to coordinate automakers' investigation into Takata airbag explosions, is no stranger to the issue of airbags endangering lives they're designed to save.... Read More »

 

Hyundai recalls more than 200,000 Elantras over steering problem

8:14 am U.S. ET | March 1, 2015
Hyundai is recalling 204,768 Elantras because of a power steering defect that might cause the cars to suddenly revert to manual steering, the company said in a report filed with federal safety regulators.... Read More »

 

Yamaha plans 2-seat car for Europe, source says

Feb. 27, 2015 10:06 CET
Japanese motorcycle maker Yamaha aims to start making and selling two-seat cars in Europe as early as 2019, a person familiar with the plan told Reuters on Friday.... Read More »

 

2015 GENEVA AUTO SHOW

SsangYong Tivoli will join expanding small SUV segment

Feb. 27, 2015 06:01 CET
SsangYong will enter the booming subcompact SUV segment in Europe with the Tivoli. The car will compete with models such as the Nissan Juke and Renault Captur, SsangYong said.... Read More »

 

Auto safety advocate's work on airbags goes back to 1996

1:51 pm U.S. ET | Feb. 27, 2015
David Kelly, the former acting chief of the National Highway Traffic Safety Administration, was hired this week to oversee the 10-automaker consortium searching for the root cause behind Takata airbag explosions. But this isn't the first time that Kelly has had to deal with airbags endangering lives they're designed to save.... Read More »

 

CAR CUTAWAY

Novelis helps make the Jaguar XE lean and green

12:01 am U.S. ET | Feb. 27, 2015
Novelis plays a key role in the new Jaguar XE's aluminum-intensive monocoque structure. The XE also is the first Jaguar to use an electric power steering system supplied by ZF.... Read More »

 

Ford hires 400 more than planned in Canada to support output of new Edge

12:01 am U.S. ET | Feb. 26, 2015
Ford has hired about 400 more workers than it previously said it would need to build the redesigned Edge crossover in Canada.... Read More »

 

Nissan expects to reach 10% U.S. share goal ahead of schedule

9:15 pm U.S. ET | Feb. 26, 2015
Nissan North America Chairman Jose Munoz outlined a four-prong capacity expansion plan that could power Nissan to its 10 percent U.S. market share goal ahead of schedule. He also said he targets increased North American operating profit margin of at least 8 percent, thanks to an influx of high-margin nameplates such as the Murano crossover and Maxima sedan.... Read More »

 

As election nears, automakers fear UK exit from EU

Feb. 26, 2015 12:32 CET
Automakers with production in the UK are increasingly worried about the prospects of the country leaving the European Union. Prime Minister David Cameron has said he will offer an in-out referendum on EU membership if he wins a general election in May.... Read More »

 

U.S. Senate panel OKs auto industry whistleblower incentive

1:18 pm U.S. ET | Feb. 26, 2015
A measure that would offer financial incentives for auto industry employees to expose safety defects won unanimous backing from a US Senate panel today.... Read More »

 

Automakers choose aerospace firm to run Takata airbag tests

10:54 am U.S. ET | Feb. 26, 2015
A consortium of 10 automakers formed to investigate the root cause behind Takata airbag inflator ruptures said today they have selected Orbital ATK to test the supplier's troubled inflators on their behalf.... Read More »

 

Federal-Mogul delays split into two public companies

9:58 am U.S. ET | Feb. 26, 2015
Federal-Mogul, the powertrain and aftermarket parts supplier controlled by Wall Street investment mogul Carl Icahn, said this week it will delay a prior plan to split into two separate public companies during the first half of this year.... Read More »

 

GM cuts capacity, jobs in Indonesia, where Japanese dominate

7:32 am U.S. ET | Feb. 26, 2015
General Motors is to stop making cars in Indonesia, a battleground for global automakers in emerging Southeast Asia, closing an assembly plant, axing some 500 jobs and shifting its branding focus to SUVs.... Read More »

 

GM cutting production at 2 plants as car inventory mounts, sources say

11:12 am U.S. ET | Feb. 25, 2015
General Motors is trimming production at two of its car plants amid mounting dealer inventories, an effort to reduce stocks of the Chevrolet Sonic and Camaro, Buick Regal and other models.... Read More »

 

Daimler labor chief queries pace of U.S. expansion

Feb. 25, 2015 10:54 CET
Daimler's plans to expand production in the United States should be recalibrated if the euro remains weak against the dollar, the automaker's top labor chief, Michael Brecht, said.... Read More »

 

U.S. orders Takata to preserve airbag inflators for federal probe

4:39 pm U.S. ET | Feb. 25, 2015
A federal safety regulator on Wednesday ordered troubled Japanese supplier Takata to preserve all airbag inflators removed through a recall process as evidence for a federal investigation and private litigation cases.... Read More »

 

Magna cuts sales forecast on weak Europe demand, approves stock split

7:01 am U.S. ET | Feb. 25, 2015
Canadian auto parts maker Magna International Inc. cut its revenue forecast for 2015, hurt by weak demand from Europe.... Read More »

 

Toyota says union pay demand 'impossible' because costs would jump

6:19 am U.S. ET | Feb. 25, 2015
Toyota rebuffed the largest wage increase proposal from its union since 1998, saying the raise would lift costs by about $168 million.... Read More »

 

Valeo sees further profit gain after beating 2014 goal

Feb. 25, 2015 10:33 CET
Valeo is targeting a further boost in profitability this year after exceeding its 2014 goals on strong demand for emissions-cutting technologies and intuitive driving systems. The company's operating profit margin rose to 7.2 percent last year beating a 7 percent goal.... Read More »

 

Union OKs 3% wage rise in Daimler, Porsche's heartland

Feb. 24, 2015 10:47 CET
Germany's biggest trade union, IG Metall, accepted a 3 percent wage increase for the country's southwest region, home to carmakers Daimler and Porsche. The union had called for a 5.5 percent increase. Deals agreed in the region traditionally serve as a template for agreements across Germany.... Read More »

 

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