Global Expansion

PSA will invest $435 million to upgrade plant in Iran

Jan. 28, 2016 10:53 CET

PSA/Peugeot-Citroen and its long-time Iranian partner will invest $435 million upgrading their auto plant near Tehran to produce 100,000 vehicles a year. The revamped factory will make the Peugeot 208 hatchback, 301 sedan and 2008 crossover....
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Audi considers move into Iran

1:15 pm U.S. ET | Jan. 18, 2016

Audi is gauging its first-ever entry into the Iranian auto market where the German firm sees "growing potential" for luxury cars after world powers lifted international sanctions....
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GM and Ford will be tested by slowing global auto demand

5:41 am U.S. ET | Jan. 14, 2016

A looming slowdown in global auto demand will test General Motors and Ford as they try to funnel more cash to shareholders while still investing adequately in new vehicles and technology....
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Plastic Omnium ramps up North American expansion

1:32 pm U.S. ET | Jan. 11, 2016

Plastic Omnium is a company in a hurry. While analysts are debating whether the U.S. car market has topped out, the French supplier has made a $650 million bet that the party isn’t over yet....
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Toyota tops global car sales in Nov., outsells VW for 5th straight month

7:48 am U.S. ET | Dec. 25, 2015

Toyota sold more cars than Volkswagen AG for the fifth consecutive month in November, putting the Japanese firm on track to remain the world's top-selling automaker in 2015 as sales at the German maker suffer following a diesel emissions scandal....
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Subaru chief seeks to limit sales growth

12:01 am U.S. ET | Nov. 2, 2015

Subaru sales keep growing. But global head Yasuyuki Yoshinaga says there is such a thing as too big. He wants to keep sales in the 1 million unit-plus range to preserve the brand's niche appeal....
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SCRAPPY STARTUP NO MORE

Tesla ends $100 flat fee service promise

12:01 am U.S. ET | Nov. 2, 2015

Tesla once pledged door-to-door “Ranger” service for covered repairs for $100. The company is now charging some customers much more than that, triggering owner complaints....
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Breaking through? Ford wants profit surge

12:01 am U.S. ET | Oct. 26, 2015

After the overhaul of some of its most important vehicles cut into Ford's earnings for the past year and a half, this week's third-quarter financial report represents CEO Mark Fields' first chance to deliver the "breakthrough" results he's been promising....
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Jaguar Land Rover plans new plant in Slovakia

Aug. 11, 2015 10:39 CET

Jaguar Land Rover has signed a letter of intent to build a new car plant in Nitra, western Slovakia. JLR will carry out a feasibility study for the factory, which is expected to open in 2018 and reach an annual output of up to 300,000 vehicles by 2025....
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German suppliers chase opportunities in China

11:00 am U.S. ET | Aug. 5, 2015

Companies in China with Western participation such as SAIC Motor Corp. and China FAW Group Corp. are still the engines of growth there. But domestic Chinese companies such as Chery Automobile Co. and Geely have been carried along in their wake and are strongly advancing on them. That could give German suppliers a new foothold in China....
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GUEST BLOG - DARON GIFFORD

BLOG: How suppliers can seize new opportunities in Mexico

10:10 am U.S. ET | May 27, 2015

Major automakers from around the globe are establishing or expanding operations in Mexico, and that means new challenges -- and opportunities -- for automotive suppliers....
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TRW plans to open 3 more plants in China

10:08 am U.S. ET | April 21, 2015

TRW Automotive, the safety components supplier being acquired by Germany’s ZF Friedrichshafen, said it plans to open three plants in China this year and next....
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Big year shapes up for Jeep's global expansion

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

With the first Italian-made Jeep, the Renegade subcompact SUV, rolling into U.S. dealerships this month, brand head Mike Manley says global expansion will continue this year, with new plants in Brazil and China....
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Why a Japanese supplier is upping its game

12:01 am U.S. ET | March 22, 2015

Aisin Seiki, the world's fifth biggest auto supplier, is doubling the size of its global design division as it expands into new products and targets new customers....
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Lower oil prices to boost global auto sales 1.5%, forecast says

9:53 am U.S. ET | March 5, 2015

Falling oil prices will boost global auto sales 1.5 percent through 2019, with the biggest windfalls coming in North America, IHS Automotive said in a new forecast....
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Ghosn guns for global top 3

12:01 am U.S. ET | March 2, 2015

Renault-Nissan CEO Carlos Ghosn remains confident that by 2018 his alliance will rank as one of the world's three largest automakers. He sees the alliance rising from its current No. 4 ranking, even though last year it encountered big troubles in Russia and finished about 1.4 million vehicle sales behind No. 3 General Motors....
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Nissan’s bullish U.S. forecast calls for overtaking Honda

12:01 am U.S. ET | March 2, 2015

Nearly two years ago, Carlos Ghosn bemoaned Nissan Motor Corp.'s lackluster performance in North America as his biggest "disappointment." Now, the CEO's fix-it man, Jose Munoz says the U.S. is a "powerhouse" again and the comeback is gaining speed....
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Is Acura too American to compete globally?

12:01 am U.S. ET | Feb. 21, 2015

"Acura is an American brand," said Honda's outgoing r&d chief. But if Acura doesn't evolve into a global brand, he says, the marque's business model is going to "get tough."...
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The numbers tell the story: Toyota's back

12:01 am U.S. ET | Feb. 16, 2015

Some questioned whether Toyota could re-create its glory days after the one-two punch of unintended acceleration and earthquake/tsunami in the early part of this decade. Of course, it has....
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