AsiaPSA CEO succession seen as key to completing Dongfeng alliance dealNov. 26, 2013 10:30 CET  PSA's move to name former Renault No. 2 Carlos Tavares as its future CEO could help secure an alliance with Dongfeng Motor Corp., which may be the carmaker's last chance to end its reliance on Europe's slumping car market.... Read More »
Schaeffler reorganizes China managementNov. 26, 2013 10:53 CET  Schaeffler Group says it will start treating China as a region, separate from the rest of Asia, in its management structure next year to reflect the country's growing importance.... Read More »
Turkish auto sales to slip 2% next year, Renault exec saysNov. 26, 2013 06:01 CET  Turkish auto sales are set to fall 2 percent to 800,000 vehicles next year as a weakening currency makes imported cars more expensive and as the government tries to slow auto loans, the CEO of Renault's Turkish sales unit said.... Read More »
Volvo gets $800 million China loan; money to help develop cars for marketNov. 25, 2013 14:47 CET  Volvo says it has signed an $800 million loan agreement with the China Development Bank that will help it finance the development of new cars in the market.... Read More »
Zetsche says Daimler would 'welcome' Chinese investorNov. 25, 2013 09:52 CET  Daimler would welcome a Chinese investor after taking a stake in Beijing Automotive Group, though it has had no sign that this will happen, CEO Dieter Zetsche said.... Read More »
Zetsche says Daimler would 'welcome' Chinese investor 3:52 am U.S. ET | Nov. 25, 2013  Daimler would welcome a Chinese investor after taking a stake in Beijing Automotive Group, though it has had no sign that this will happen, CEO Dieter Zetsche said.... Read More »
JAMES B. TREECE Japanese auto industry leaders stand strong as survivors 8:15 am U.S. ET | Nov. 24, 2013  The 2013 Tokyo Motor Show has been an unprecedented love fest. On Tuesday, the afternoon before the first press day, the bosses of each member of the Japan Automobile Manufacturers Association stood shoulder to shoulder on the same stage, as the sound of a revving engine from each of their lineups roared in turn.... Read More »
China expert fears financial crisisNov. 22, 2013 15:42 CET  China could soon become a major trouble spot for automakers and their suppliers if it stumbles into the so-called middle-income trap that ensnared Brazil 50 years ago, said Jochen Siebert, managing director of consultancy JSC Automotive Consulting in Shanghai.... Read More »
Honda adopts English as official language in global meetings 11:25 am U.S. ET | Nov. 22, 2013  Honda made English the official language of global meetings as the Japanese carmaker shifts decision-making power to regional units.... Read More »
JAMES B. TREECE Honda S660 vs. Daihatsu Kopen? No contest 10:53 am U.S. ET | Nov. 22, 2013  In theory, the Honda S660 and Daihatsu Kopen should compete head to head. In fact, it's more like head to navel.... Read More »
HANS GREIMEL A guide to the models, and models, of the Tokyo show 10:08 am U.S. ET | Nov. 22, 2013  Are you familiar with the official guide to the models on display at the Tokyo Motor Show? It gives the dimensions, name, model "year" and location of each "exhibit." And it's packed with eye-catching glossy color photos.... Read More »
McLaren sees China slowdown persisting amid gov't crackdown on lavish spendingNov. 22, 2013 06:01 CET  McLaren says it sees a slowdown in China sales persisting amid a crackdown by the Chinese authorities on high-end luxury goods including cars.... Read More »
Mitsubishi boss says U.S. losses may end this year 6:47 am U.S. ET | Nov. 22, 2013  Mitsubishi's money-losing North American operations may reach breakeven this year for the first time since 2007, President Osamu Masuko said. Overseas demand for Illinois-built vehicles is helping pave the way.... Read More »
Ghosn wants Japanese successor at NissanNov. 22, 2013 06:01 CET  Nissan CEO Carlos Ghosn has been the carmaker's foreign face for 14 years. Now, after sidelining his Japanese No. 2 and reshuffling the company's top management, he wants a Japanese national to succeed him at the helm.... Read More »
Ghosn wants Japanese successor at Nissan 1:05 pm U.S. ET | Nov. 21, 2013  Nissan CEO Carlos Ghosn has been the Japanese carmaker's foreign face for 14 years. Now, after sidelining his Japanese No. 2 and reshuffling the company's top management, he wants a Japanese national to succeed him at the helm when the time comes. Ghosn said Nissan's diverse management is a strength unrivaled by any other carmaker. But he added it is important to reinstate a Japanese leader at the top when he eventually steps down.... Read More »
Daimler, BYD to introduce production-ready Denza EV at Beijing auto showNov. 21, 2013 15:37 CET  Daimler and its Chinese partner BYD Auto plan to introduce the production version of their Denza electric car at the Beijing auto show next April ahead of sales in the summer.... Read More »
Ghosn wants Japanese successor at NissanNov. 21, 2013 19:05 CET  Carlos Ghosn has been head of Nissan for 14 years. Now, after reshuffling the company's top management, he wants a Japanese national to succeed him at the helm when the time comes.... Read More »
HANS GREIMEL After 4 tough years, the buzz is back in Tokyo 10:30 am U.S. ET | Nov. 20, 2013  The buzz was back at the opening press day of the Tokyo Motor Show. And the rekindled interest is welcome relief for the beleaguered biennial show.... Read More »
German supplier Webasto opens 8th sunroof plant in ChinaNov. 19, 2013 11:48 CET Webasto has opened its eighth sunroof factory in China. The new plant in Chongqing will produce up to 700,000 roofs a year by 2016, the German partsmaker said.... Read More »
Daimler takes 12% stake in BAIC MotorNov. 19, 2013 10:56 CET  Daimler today completed its purchase of a 12 percent stake in BAIC Motor. Daimler will pay 625 million euros ($845 million) for its share in the Chinese automaker.... Read More »
LINDSAY CHAPPELL Nissan at 80 is a transformed company 3:56 pm U.S. ET | Nov. 18, 2013  Nissan CEO Carlos Ghosn deserves recognition for achieving something that still eludes auto industry leaders around the globe: Ghosn has transformed Japan's oldest automaker into one of the most geographically diverse management teams in the business.... Read More »
AUTOMOTIVE NEWS EUROPE E-MAGAZINE Maserati Quattroporte sales boosted by young female executives in ChinaNov. 18, 2013 06:15 CET  Maserati CEO Harald Wester says Quattroporte sales in China are being boosted by young businesswomen. In China, the average age of Maserati buyers is about 37 years old compared with 55 for Europe and the United States.... Read More »
YANG JIAN Beijing to automakers: Maintain the status quo 12:01 am U.S. ET | Nov. 18, 2013  Every five years the central committee of the Chinese Communist Party convenes to set social and economic policy goals for the country.... Read More »
GM regional base to move to Singapore 12:01 am U.S. ET | Nov. 18, 2013 General Motors will move its international operations headquarters to Singapore from Shanghai in the second quarter of 2014.... Read More »
Peugeot mulls Faurecia sale with Dongfeng tie-up, report saysNov. 15, 2013 17:45 CET  French carmaker PSA Peugeot Citroen is preparing for a possible sale of its Faurecia components division to accompany a tie-up with China's Dongfeng Motor Group, several sources with knowledge of the situation told Reuters.... Read More »
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Dealer aims to create a 'place of delight'Bernie Moreno has expanded the suburban Cleveland-based Collection Auto Group from a single store in 2005 to 21 dealerships today. Mon., December 9» Watch the Video |
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