Global

Hyundai Motor workers approve 2014 wage pact, end strikes

7:08 am U.S. ET | Oct. 2, 2014
Hyundai Motor's union workers in South Korea agreed to end strikes that may have cost the company more than 900 billion won ($847 million) in lost output after they accepted the carmaker’s proposal to increase wages.... Read More »

 

2014 PARIS AUTO SHOW

Infiniti Q80 will boost brand in Europe, exec says

Oct. 2, 2014 09:17 CET
Infiniti will launch a production version of its Q80 Inspiration concept sedan within three to five years to rival models such as the Porsche Panamera and help boost the brand's image and sales in Europe.... Read More »

 

Winterkorn warns EU on overburdening automakers on CO2 emissions

Oct. 1, 2014 22:00 CET
Volkswagen CEO Martin Winterkorn warned EU regulators that it would be "fatal" to overburden the auto industry with tougher CO2 emission targets before a market can develop for electric cars, plug-in hybrids and other fuel-efficient models.... Read More »

 

Italy car sales rise 3% in September

Oct. 1, 2014 19:33 CET
New-car registrations in Italy rose 3 percent in September, according to data published by the country's transport ministry. Full-year sales are seen rising to about 1.35 million, up from the 1.3 million units sold last year.... Read More »

 

GM predicts Europe profit in '16, ending years of losses

Oct. 1, 2014 18:02 CET
General Motors said it expects its first profit in Europe in more than a decade in 2016. CEO Mary Barra said the target for Europe took into account steps to minimize the impact of the downturn in the Russian market.... Read More »

 

2014 PARIS AUTO SHOW

VW, Porsche, Lamborghini roll out plug-in hybrids

Oct. 1, 2014 23:33 CET
VW Group premiered four plug-in hybrids in Paris. The VW Passat GTE and Porsche Cayenne S E-Hybrid production cars as well as the Lamborghini Asterion and XL Sport concepts are aimed at helping VW meet tougher CO2 targets.... Read More »

 

EU probes Portugal's MQB platform aid to Volkswagen

Oct. 1, 2014 12:37 CET
The European Union has launched an investigation into Volkswagen's planned receipt of 36.15 million euros ($45.6 million) of state aid for investing in its MQB platform technology at a plant in Portugal.... Read More »

 

Spanish new-car sales up 26% in September

Oct. 1, 2014 11:50 CET
New-car registrations in Spain rose 26 percent in September, the market's 13th consecutive month of growth, as continued support from a government subsidy program helped boost sales.... Read More »

 

PSA leads 6% gain in French car sales in September

Oct. 1, 2014 10:56 CET
PSA led a 6 percent gain in French car sales last month as registrations at the automaker jumped 17 percent. Sales were also boosted by an extra selling day, the CCFA industry association said.... Read More »

 

Fiat's tax accord with Luxembourg may be illegal state aid, EU says

Sept. 30, 2014 13:13 CET
The European Commission has told Luxembourg that its tax arrangement with a Fiat finance subsidiary may constitute state aid, breaking EU internal market rules.... Read More »

 

BMW launches automated driving project in China with Baidu

Sept. 29, 2014 17:43 CET
BMW is teaming up with Chinese Internet giant Baidu to start highly automated driving trials in Beijing and Shanghai. BMW research vehicles capable of automated driving already have undergone tests on German autobahns.... Read More »

 

CO2 from new cars in Europe 38% worse than promised, study says

Sept. 29, 2014 18:06 CET
European cars probably discharged 38 percent more CO2 on real-world roads last year than their ratings promised, a transportation lobby group said. That means more fuel, costing the average consumer an extra 450 euros a year.... Read More »

 

Hyundai reaches wage deal with union after work stoppages

11:30 am U.S. ET | Sept. 29, 2014
Hyundai Motor reached a tentative wage deal today with its South Korean labor union, a union spokesman said, potentially resolving disputes that had dragged on longer than expected and led to partial strikes.... Read More »

 

Fiat jobs matter more than HQ location, Italy prime minister says

Sept. 29, 2014 10:26 CET
Italian Prime Minister Matteo Renzi said Fiat Chrysler's decision to have a home base in London matters less than the jobs and opportunities that the combined company will create in Italy.... Read More »

 

Japan's keiretsu suppliers at risk in a new reality

12:01 am U.S. ET | Sept. 29, 2014
Japanese suppliers are struggling to adjust to a new business reality that threatens to undermine the country's keiretsu system of tightknit cooperation between carmakers and their favorite-son suppliers. Blame the unraveling on an immutable truth: Japan's carmakers have stopped expanding at home.... Read More »

 

KEITH CRAIN

In Paris, excitement amid uncertainty

12:01 am U.S. ET | Sept. 29, 2014
Europe has been happily seeing real signs of recovery, but the threat of interrupted energy supplies has to weigh heavily on minds there. Still, expect an upbeat mood in Paris this week.... Read More »

 

VW Group, Renault-Nissan dominate European car assembly footprint

Sept. 27, 2014 06:01 CET
VW Group and Renault-Nissan have expanded their reach. The two automakers now jointly account for more than 40 percent of all the vehicle assembly plants in Europe, according to Automotive News Europe data.... Read More »

 

VW hit by labor, tech problems in push for top spot

Sept. 27, 2014 06:01 CET
VW Group's quest to be the world's top-selling automaker is being threatened by a host of problems at its massive Wolfsburg plant that include strained labor relations, spiraling costs and technical problems with production.... Read More »

 

Hyundai pays the price for prestige

12:01 am U.S. ET | Sept. 27, 2014
Hyundai Motor Group Chairman Chung Mong-koo got what he wanted: a spacious corporate home in Korea's most prestigious neighborhood. Now he is paying the price.... Read More »

 

Opel says Adam, Corsa need checks for faulty steering

Sept. 26, 2014 22:16 CET
Opel has said that 8,000 of its Adam minicars and Corsa subcompacts delivered to customers in Europe since May 2014 need to be checked for faulty steering parts.... Read More »

 

Brose launches output at $62M Michigan plant supplying Detroit 3

2:36 pm U.S. ET | Sept. 26, 2014
German supplier Brose North America launched production today at a $62 million factory in southeast Michigan to manufacture liftgates, door modules, latches and seat structures for the Detroit 3 automakers.... Read More »

 

Skoda denies report on investment curb in India

Sept. 26, 2014 16:01 CET
Skoda says it remains committed to its Indian operations after a report suggested that the automaker may cut investments in the market over concerns about the country's business environment.... Read More »

 

Summer breaks pull UK car output 22% lower in August

Sept. 26, 2014 10:41 CET
UK car production fell 22 percent in August because of the timing and length of holidays and repairs to a major plant. So far this year output has risen 1 percent and is expected to reach record levels by 2017.... Read More »

 

HANS GREIMEL

Why climate change could stall growth in emerging markets

12:01 am U.S. ET | Sept. 26, 2014
Auto executives have long salivated over the huge future sales possible in emerging markets. But a new economic forecast says surging greenhouse gases, spurred partly by auto emissions, will throw cold water on that once-anticipated development boom.... Read More »

 

Russia slump drags on for most Chinese brands

Sept. 26, 2014 06:01 CET
The sales slump continued for most Chinese automakers last month in Russia, which is their main export market. Lifan, Geely and Chery all suffered double-digit sales declines in August.... Read More »

 

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