Global

Porsche recalls 13,500 Cayennes, Panameras to fix fuel-seal flaw

7:46 am U.S. ET | Jan. 24, 2015
Porsche is recalling about 13,500 vehicles worldwide to fix a seal that may allow fuel to evaporate.... Read More »

 

Entry-level Jeep Renegade should boost brand in subcompact market

12:01 am U.S. ET | Jan. 23, 2015
The Renegade subcompact SUV is Jeep's latest attempt at an entry-level vehicle. With prices starting at $18,990, including shipping, the first Italian-made Jeep should help the brand thrive in the competitive subcompact market.... Read More »

 

Kia's fourth-quarter profit drops 54% on ruble plunge

Jan. 23, 2015 11:31 CET
Kia posted a 54 percent fall in quarterly profit as a weakening ruble reduced income earned in Russia where Kia ranks No. 2 after Lada. Kia expects sales in the market to fall 12 percent this year, because the ruble's decline could force further price rises, denting demand.... Read More »

 

Honda axes Accord in Europe

Jan. 23, 2015 16:33 CET
Honda will end sales of the Accord midsize sedan in Europe after the car failed to make headway against German rivals.... Read More »

 

GM sees Europe turnaround on track even if local economy isn't

Jan. 23, 2015 10:34 CET
General Motors' efforts to restore European operations to profitability are on track even as the region's economy fails to revive, GM President Dan Ammann said. However, Russia is big "wild card," he said.... Read More »

 

UK 2014 car production rises to highest since 2007

Jan. 23, 2015 09:48 CET
UK car production rose to its highest level since 2007 last year, up 1 percent to 1.53 million cars. The UK is a major center for manufacturers such as Jaguar Land Rover, BMW, Nissan, Honda, Toyota and GM.... Read More »

 

Ghosn lifts European car market forecast on eurozone stimulus plan

Jan. 22, 2015 22:41 CET
Renault CEO Carlos Ghosn upgraded his European car market growth forecast after the European Central Bank unveiled a bond purchase program to boost the continent's flagging economy. Ghosn now expects Europe's auto market to grow by at least 2 percent in 2015.... Read More »

 

Toyota may lose global sales lead to VW without new China strategy

Jan. 22, 2015 11:11 CET
Toyota remained the best-selling automaker worldwide in 2014 ahead of VW and GM, but the company may lose the sales crown this year as it falls behind in China, where rivals are expanding fast.... Read More »

 

Chinese aerospace firm pursues acquisition of U.S. supplier Henniges, report says

6:34 am U.S. ET | Jan. 22, 2015
AVIC, China's biggest aerospace company, is among bidders pursuing an acquisition of US auto supplier Henniges Automotive Holdings, people with knowledge of the matter told Bloomberg. AVIC could pay $1 billion for the acquisition, Bloomberg reported.... Read More »

 

Kia needs India plant to offset slowing sales in Russia and China, report says

Jan. 22, 2015 12:10 CET
Kia needs to set up a factory in India to tap growth in the fast-growing market and offset slowing sales in Russia and China, a Korean newspaper reported the automaker's CEO as saying. India may become the world's No. 3 auto market by next year.... Read More »

 

Toyota supplier weighs raising airbag capacity as demand climbs

9:35 am U.S. ET | Jan. 21, 2015
Toyoda Gosei, a supplier part-owned by Toyota, is considering increasing its capacity for making airbags to cater to expanding global demand for the safety devices.... Read More »

 

Daimler will invest more in Hungary to boost compact car output

Jan. 20, 2015 13:32 CET
Daimler will boost compact car output at its Mercedes-Benz factory in Hungary after the automaker launched production of a new model, the CLA Shooting Brake. The automaker has seen strong demand for its compact lineup, which grew 25 percent last year.... Read More »

 

Daimler offers 'currency rebate' on Mercedes, Smart cars in Switzerland

Jan. 20, 2015 13:26 CET
Daimler is cutting Mercedes and Smart car prices in Switzerland after the central bank's surprise abandonment of a minimum exchange rate caused the franc to surge versus the euro.... Read More »

 

Toyota, Honda in talks to put 6,000 fuel cell cars on road in Tokyo by 2020 Olympics

6:19 am U.S. ET | Jan. 20, 2015
Japan's capital will build 35 stations to fuel hydrogen-based fuel cell vehicles and is in negotiations with Toyota Motor Corp. and Honda Motor Co. to put 6,000 hydrogen cars on its roads by 2020.... Read More »

 

Japan's Daicel to lift inflator output after Takata recalls

8:48 pm U.S. ET | Jan. 19, 2015
Japan's Daicel said it would boost production of airbag inflators to meet demand for the component at the heart of rival Takata's quality problems, which have led to the recall of more than 24 million vehicles worldwide since 2008.... Read More »

 

Renault plans big nvestment to catch rivals in China

Jan. 19, 2015 17:21 CET
Renault will make "massive investments" in China, where it sees its market share rising as high as 6 percent after the company ramps up sales of locally built vehicles in the world's biggest car market.... Read More »

 

Subaru puts China production effort on hold as car demand wanes

10:42 am U.S. ET | Jan. 19, 2015
Fuji Heavy Industries, the only Japanese automaker without Chinese government approval to start a joint venture, put efforts to build cars on hold in the country, where demand growth is slowing.... Read More »

 

Renault's 2014 sales rise 3% as budget cars offset Russia drop

Jan. 19, 2015 10:40 CET
Renault delivered 3 percent more vehicles globally last year as strong European sales of cars such as the Renault Captur and no-frills Dacia Sandero helped offset falling demand in Russia and South America.... Read More »

 

Ford will launch new Galaxy minivan as brand pushes upscale in Europe

Jan. 19, 2015 11:28 CET
Ford of Europe will start sales of its new-generation Galaxy large minivan this year as part of a wider product offensive that includes the launches of its Vignale upscale trim line and new Mustang sports car.... Read More »

 

Daimler will extend contract of China division boss, paper says

Jan. 18, 2015 10:41 CET
Daimler will extend the contract of the head of its China division, Hubertus Troska, according to a newspaper report. Troska is said to be a potential successor to CEO Dieter Zetsche.... Read More »

 

BRUCE GAIN

Jeep uses Paris boat show to gain traction

6:34 am U.S. ET | Jan. 16, 2015
Jeep hopes its role as a marketing partner at the Nautic in Paris, one of Europe's biggest boat shows, will help it get a leg up in the fast-growing small SUV market. The U.S. off-road brand says it is considering partnering with the event this year after gaining “positive feedback” at last year's show in December.... Read More »

 

Europe 2014 sales rise on low-cost brands shift

Jan. 16, 2015 10:14 CET
European car sales in 2014 rose for the first time in seven years, thanks to government incentives, tax breaks and a consumer shift to cheaper brands such as Dacia and Skoda.... Read More »

 

Ford will raise German production as demand rebounds

Jan. 16, 2015 12:34 CET
Ford will increase production of its Fiesta and three other models in Germany to meet growing demand in some of the region's key markets.... Read More »

 

THE TAKATA RECALL CRISIS

Takata recalls prompt Japan to consider supplier regulations

6:34 am U.S. ET | Jan. 16, 2015
Japanese Transport Minister Akihiro Ohta said today his ministry was considering whether to revise existing laws to beef up oversight of auto suppliers in the wake of massive recalls of Takata airbags.... Read More »

 

Volvo may expand export markets for China-built cars beyond U.S.

Jan. 16, 2015 11:36 CET
Volvo, which will start shipping the S60L sedan to the U.S. later this year, says it could add additional export markets in the Asia-Pacific region and elsewhere. The automaker may also consider future exports of a large china-built sedan, dubbed internally as the S90.... Read More »

 

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Ryan Hunter-Reay races to Indy 500 winner’s circle

Ryan Hunter-Reay races to Indy 500 winner’s circle

BorgWarner’s video montage highlighting 2014 Indianapolis 500 winner Ryan Hunter-Reay. Thu., January 15
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