Global

Automakers face uncertainly from EU's 2030 climate goals

Nov. 1, 2014 06:01 CET
The EU's new 2030 climate and energy targets create uncertainty for automakers because they let member states decide whether to include transport pollution in the EU's carbon emissions trading system.... Read More »

 

CHRISTIAAN HETZNER

Dissecting Daimler's motorcycle deal

12:53 pm U.S. ET | Oct. 31, 2014
Daimler's purchase of a stake in motorbike brand MV Agusta is nothing like Audi's purchase of Ducati.... Read More »

 

Cooper-Standard profits rise on higher sales, M&A moves

12:40 pm U.S. ET | Oct. 31, 2014
Cooper-Standard Holdings reported higher earnings in the third quarter from increased North American and Asian sales as well as merger and acquisition activity.... Read More »

 

Kia Motors says president resigned over prolonged wage disputes

7:11 am U.S. ET | Oct. 31, 2014
Kia Motors said its president, Lee Sam-ung, has resigned to take responsibility for "enormous" production losses caused by recent strikes by its South Korean union during wage talks.... Read More »

 

Mazda, Fuji Heavy post big quarterly profit gains on weak yen

6:49 am U.S. ET | Oct. 31, 2014
Mazda Motor and Subaru's parent company Fuji Heavy Industries today posted rosy second-quarter profit growth as a weak yen made their exports more lucrative.... Read More »

 

China's auto market growth may halve to 7% this year

Oct. 31, 2014 06:15 CET
Growth in China's auto market is forecast to halve to 7 percent this year, an industry body said, citing a slowing economy which weakened further in the third quarter.... Read More »

 

ANE's November e-magazine goes live Monday

Oct. 31, 2014 06:01 CET
The latest issue of the Automotive News Europe monthly e-magazine goes live on Monday, Nov. 3. This month's edition looks at why megaplatforms are a must-have for any automaker with global ambitions.... Read More »

 

Hyundai plans to take on Toyota's Prius with new hybrid model

9:01 am U.S. ET | Oct. 30, 2014
South Korea's Hyundai Motor said it is developing its first dedicated gas-electric car that would go up against Toyota's best-selling Prius. The move will help it diversify its eco-friendly vehicle line-up and hedge its bets in next-generation green technology to meet stricter emission regulations in key markets.... Read More »

 

Fiat Chrysler to issue $2.5 billion bond

Oct. 29, 2014 15:40 CET
Fiat Chrysler will issue a mandatory convertible bond for $2.5 billion and place up to 100 million of its shares to shore up funding for its 48 billion euro ($61 billion) investment plan.... Read More »

 

Renault's revenue rises on Dacia, Europe

Oct. 29, 2014 21:26 CET
Renault reported a 7 percent increase in revenue in the third quarter, boosted by higher demand for low-cost Dacia models in its home region. Revenue rose to 8.53 billion euros ($10.9 billion) from 7.99 billion euros a year earlier.... Read More »

 

JLR picks Discovery Sport to lead Brazil output

Oct. 29, 2014 16:00 CET
The Land Rover Discovery Sport will be the first model Jaguar Land Rover produces at its new plant in Brazil, the automaker said. Output will begin in 2016.... Read More »

 

Mitsubishi's net rises 8 percent as U.S. sales soar

3:28 pm U.S. ET | Oct. 29, 2014
Mitsubishi Motors said net income rose 8 percent in the latest quarter, aided by results in North America.... Read More »

 

VW recalls Audi A4s in China over airbag issue

Oct. 29, 2014 10:33 CET
VW Group's joint venture with FAW Group will recall 270,635 Audi A4s in China due to an airbag software issue, the country's quality watchdog said on Wednesday. The recall involves 4,692 imported A4 allroad variants and 265,943 China-made A4Ls.... Read More »

 

Tesla car owners get exemption from $12,000 Shanghai plates

6:40 am U.S. ET | Oct. 29, 2014
Tesla car owners in Shanghai can register their electric vehicles for free after the city exempted them from paying $12,000 for a license plate.... Read More »

 

Mazda readies CX-3 for Europe's hot small SUV segment

Oct. 29, 2014 06:01 CET
Mazda will join Europe's hot subcompact SUV segment early next year with the CX-3, a company spokesman said. Mazda will sell more than 25,000 CX-3s in Europe next year, analysts at IHS Automotive predict.... Read More »

 

VW to launch more than 20 EVs, plug-ins in China

Oct. 28, 2014 15:53 CET
Volkswagen Group said it will launch more than 20 electric vehicles and plug-in hybrids in China by the end of 2018, as it capitalizes on Beijing's support for low-emission vehicles in the country's campaign against pollution.... Read More »

 

HANS GREIMEL

New Subaru marketing could foreshadow upmarket push

10:24 am U.S. ET | Oct. 28, 2014
If you liked the quality of Subaru cars before, you're going to love the “new” quality the brand aspires to. That's the marketing meme Subaru is cultivating in Japan under a “New Subaru Quality” push aiming to move its image upmarket.... Read More »

 

Hyundai Europe to add ix25 small SUV, source says

Oct. 28, 2014 15:36 CET
Hyundai will sell a version of the ix25 subcompact SUV in Europe and the U.S. starting in 2017, a company source told Automotive News Europe. The move would give Hyundai a competitor in Europe's booming small SUV segment.... Read More »

 

CAR CUTAWAY

BorgWarner helps boost power in BMW 2 series

12:01 am U.S. ET | Oct. 28, 2014
BorgWarner-sourced turbochargers for the new BMW 2 series help boost power by as much as 13 hp to 184 hp in gasoline-powered variants of the 220i compared with the previous generation of the car.... Read More »

 

Infotainment glitches haunt automakers in Consumer Reports' reliability survey

12:45 pm U.S. ET | Oct. 27, 2014
Infotainment hiccups nagged the industry in the Consumer Reports 2014 Annual Auto Reliability Survey, while problems with the Q50 caused Infiniti's ranking to plummet.... Read More »

 

FOREIGN FLAIR

Chinese carmakers import design talent to compete globally

12:01 am U.S. ET | Oct. 27, 2014
Not long ago, the styling of China's domestic brands was a laughingstock. Not anymore. Chinese automakers are hiring experienced foreign designers to mentor their fledgling programs.... Read More »

 

VW owners in China protest over automaker's recall

Oct. 27, 2014 11:57 CET
Volkswagen faces protests in China after car owners were unsatisfied with its handling of a recall to fix a possible suspension defect. China is VW's No. 1 market, accounting for more than a third of its global unit sales in the first nine months.... Read More »

 

Outsiders invest in China's auto retailers

12:01 am U.S. ET | Oct. 27, 2014
Global companies piled into China for the first phase of the country's auto boom, to build cars and make parts locally. Now they are ramping up for the next phase: retailing. Chinese dealerships, desperate for funds to expand operations and keep up with the country's surging demand, are courting foreign investment.... Read More »

 

Jaguar prices XE's volume version above BMW 3 series

Oct. 26, 2014 06:01 CET
The Jaguar XE's likely best-selling model, the XE 2.0-liter diesel sedan, will start at 29,775 pounds (37,713 euros) in the UK, topping the price of rival BMW's equivalent model, the 320d Efficient Dynamics sedan, by 1,000 pounds.... Read More »

 

BRUCE GAIN

China has room for PSA's upscale DS brand

12:01 am U.S. ET | Oct. 25, 2014
PSA's upscale DS brand is on track to be successful in China because of consumer demand for French luxury goods, but it is unlikely to be a serious rival to the popular German premium brands.... Read More »

 

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Racing, tech events draw crowds to Hoffman stores

Racing, tech events draw crowds to Hoffman stores

Hoffman Auto Group holds more than 100 elaborate events annually to attract and retain customers. Some buyers zip around a racetrack in Porsches at 130 mph. Mon., October 27
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