Global

Honda will upgrade UK plant, move CR-V production to Canada

March 31, 2015 10:30 CET

Honda will upgrade its UK factory to turn it into a global production hub for the next-generation Civic compact car. The automaker will also transfer production of its European-market CR-V crossover from the UK to Canada.... Read More »

Faurecia forms joint venture with China's Dongfeng

March 31, 2015 11:26 CET

Faurecia has agreed to form a joint venture with Dongfeng Motor to help increase its presence in the world's biggest car market. Faurecia is majority-owned by PSA/Peugeot-Citroen. Dongfeng has a 14 percent stake in PSA.... Read More »

Hyundai names sales veteran Schmid as No. 2 in Europe

March 31, 2015 11:21 CET

Hyundai has promoted Thomas Schmid to chief operating officer in Europe. He succeeds Allan Rushforth, who quit the automaker last October to become Nissan's global sales chief.... Read More »

ChemChina hopes to re-list Pirelli in Italy; says counterbid will hurt investors

March 30, 2015 09:14 CET

The chairman of China National Chemical Corp. (ChemChina), Ren Jianxin, said he hopes to re-list Italy's Pirelli on the Italian stock exchange. A counterbid for Pirelli would hurt the Italian firm's investors and long-term strategy, he warned.... Read More »

LUCA CIFERRI

BLOG: While others stand up, Italy stands aside

12:01 am U.S. ET | March 30, 2015

Formula One tire supplier Pirelli will have a Chinese owner, while Ferrari styling house Pininfarina could be acquired by an Indian company. Ducati, Lamborghini and Italdesign Giugiaro are already in German hands. So why isn't Italy doing what other countries are doing to protect its domestic auto sector?... Read More »

KEITH CRAIN

When will next shoe drop in China?

12:01 am U.S. ET | March 30, 2015

Many people are convinced that when the time comes -- and it might be tomorrow, next year or in a decade -- foreign companies in China will be nationalized.... Read More »

Tesla reboots in China as range anxiety, customs crimp sales

12:34 pm U.S. ET | March 29, 2015

Tesla is rushing to expand its network of charging stations across China to assuage range anxiety, add luxury features that suit local tastes and retrain a sales force that CEO Elon Musk previously described as "brain-dead."... Read More »

Honda launches S660 minicar roadster, heir to Beat's looks

10:00 pm U.S. ET | March 29, 2015

Honda is going small and sporty with the release of the S660 mini roadster, a new open-top minicar that will be sold only in Japan, at least for now. The two-seater is powered by a three-cylinder 660cc turbocharged midship engine that matches the S660's diminutive 134-inch length. It musters just 63 hp.... Read More »

Dutch regulators raid Uber over court ruling compliance

March 27, 2015 11:41 CET

A Dutch regulatory agency raided the Amsterdam offices of ride-sharing service Uber in connection with its UberPOP unit after a court deemed it illegal in December.... Read More »

PSA picks France factory over Spain for engine production expansion

March 27, 2015 09:47 CET

PSA said it has chosen a French factory over a rival Spanish plant to expand engine production. PSA will upgrade its Tremery site to produce the turbocharged version of a three-cylinder engine already manufactured there. The plant beat out PSA's factory in Vigo, Spain, for the additional 200,000 engines a year.... Read More »

PSA, Mitsubishi cuts jobs in Russia, halt output again

March 27, 2015 11:06 CET

PSA and Mitsubishi will halt production at their joint venture plant in Russia for the second time this year and cut 100 jobs.... Read More »

Pirelli CEO sees strong future with ChemChina, no talks on counterbid

March 27, 2015 12:07 CET

Pirelli has a strong future with China National Chemical Corp. and is not talking to others about a possible counterbid, CEO Marco Tronchetti Provera said. ChemChina agreed to become the majority owner of the world's fifth-largest tire maker in an $8 billion deal. The market speculated that Bridgestone could be putting together a counterbid.... Read More »

Takata sued in Canada over airbag-related vehicle recalls

6:31 am U.S. ET | March 27, 2015

Takata, the Japanese supplier whose airbags have been linked to six fatalities globally, has been sued in Canada in three separate cases, it said in a statement today.... Read More »

Ford aims to triple exports from India with new plant

March 26, 2015 10:09 CET

Ford has invested $1 billion in a new plant in India that will help the automaker triple exports from the country. The factory will build the EcoSport subcompact SUV, which Ford exports to Europe.... Read More »

Delphi employees killed in France plane crash

March 25, 2015 12:26 CET

Two Spain-based Delphi employees were among the 150 victims of a plane crash in a remote part of the French Alps. The employees were traveling to a meeting in Germany.... Read More »

India's Mahindra said to be in talks to buy car designer Pininfarina

7:49 am U.S. ET | March 25, 2015

Mahindra & Mahindra, India's largest maker of SUVs, is in talks to buy Italian auto design and engineering company Pininfarina SpA, people familiar with the matter told Bloomberg.... Read More »

Volvo appoints Europe boss as part of global reorganization

March 24, 2015 11:43 CET

Volvo named Anders Gustafsson as head of Europe, Middle East and Africa, one of three global business regions that also include new divisions for the Americas and Asia.... Read More »

Mercedes begins output of GLA engines in China

March 24, 2015 12:28 CET

Mercedes has added production of engines for the GLA compact crossover at its powertrain plant in Beijing. The automaker has now localized all engine production for the three models it produces locally with partner Beijing Automotive, that also include the C class and E class.... Read More »

Ford poised to surpass Hyundai in China capacity with new plant

3:06 pm U.S. ET | March 23, 2015

Ford will open its fourth passenger-car assembly plant in China today as part of a $4.9 billion expansion drive, putting it on track to overtake Hyundai in the world’s largest auto market.... Read More »

Volkswagen will cut production, jobs at Russian plant

March 23, 2015 11:55 CET

Volkswagen said it will reduce shifts and lay off at least 150 workers at its car plant in Kaluga, Russia, as demand shrinks. The company builds Audi, VW and Skoda cars in Kaluga.... Read More »

Russia boosts auto industry aid to $424 million

March 23, 2015 17:24 CET

Russia plans to spend more than 25 billion rubles ($424 million) in state funds to support its ailing auto industry, increasing the amount of aid it allocated last week.... Read More »

Pirelli to be bought by ChemChina in $7.7 billion deal

March 23, 2015 09:37 CET

China National Chemical will buy into Pirelli in a $7.7 billion deal that would place one of the symbols of Italy's manufacturing industry in Chinese hands. But the bid may turn into a protracted takeover battle.... Read More »

BAIC Motor will take stake in Daimler China leasing firm

March 23, 2015 13:50 CET

Chinese automaker BAIC Motor plans to deepen its partnership with Daimler by taking a 35 percent stake in the German automaker's Mercedes-Benz Leasing.... Read More »

NEWS ANALYSIS

In Russia: Ford holds; GM folds

12:01 am U.S. ET | March 23, 2015

Ford may be suffering just as badly from the meltdown in Russian car sales, but don't expect it to follow General Motors' lead and abandon dealers, suppliers and employees in Russia by exiting the market.... Read More »

JLR chief Speth to keynote U.K. congress

12:01 am U.S. ET | March 23, 2015

Ralf Speth, CEO of Jaguar Land Rover, will be keynote speaker at the Automotive News Europe Congress on June 10 in Birmingham, U.K.... Read More »

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