Expansion

Magneti Marelli opens first U.S. exhaust systems plant

3:49 pm U.S. ET | Sept. 30, 2014
Magneti Marelli Holding USA, the Italian parts supplier owned by Fiat Chrysler Automobiles, has opened its first exhaust systems plant in the United States, the company said....
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Honeywell revs up global turbocharger projections

12:08 pm U.S. ET | Sept. 30, 2014
The global use of turbochargers to amplify engine power, already on the rise in recent years, is expected increase even more than earlier projections -- to 49 million sales annually by 2019, supplier Honeywell said in its annual forecast....
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GM and Isuzu to jointly develop midsize pickup for global markets

7:11 am U.S. ET | Sept. 26, 2014
GM and Isuzu Motors agreed to jointly develop a midsize pickup truck for sale in several markets around the world, but not for the United States and Canada....
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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....
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HANS GREIMEL

Why climate change could stall growth in emerging markets

6:51 am U.S. ET | Sept. 25, 2014
Auto executives have long salivated over the huge future sales possible in emerging markets as their teeming, upwardly mobile masses migrate from motorbikes to cars. So imagine the irony behind a new economic forecast that says surging greenhouse gases, spurred partly by auto emissions, will throw cold water on that once-anticipated development boom....
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Bentley adds models in Korea on rising ultraluxury demand

Sept. 18, 2014 12:25 CET
Bentley is adding new models in South Korea as the brand sees increased competition for ultraluxury cars in the market. The automaker says its dealership in Seoul has seen a 133 percent jump in deliveries so far this year....
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Ferrari will build more cars with Marchionne as chairman to keep pace with super rich

Sept. 11, 2014 16:18 CET
Ferrari will cater to growing numbers of super rich clients by building more cars than previously planned after Sergio Marchionne becomes chairman of the company. Marchionne said in May that the brand had the potential to sell about 10,000 vehicles annually, a rise of 43 percent over current figures....
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Nissan taps BMW's Krueger to head Infiniti

9:30 pm U.S. ET | Sept. 9, 2014
Nissan has poached BMW veteran Roland Krueger to head its leaderless Infiniti luxury unit, lending a touch of German flair to a brand struggling to break out of the second tier. Krueger, 48, steps into a brand twice stung by recent defections, first by brand President Johan de Nysschen's departure in July, then by the exit of its chairman, Andy Palmer, last week....
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AUTOMOTIVE NEWS EUROPE E-MAGAZINE

Grupo Antolin aims to be the world's No. 1 interiors supplier

Sept. 8, 2014 06:15 CET
Grupo Antolin wants to become the world's largest supplier of automotive interiors, passing rivals such as Magna International, Faurecia and Johnson Controls. The Spain-based supplier is already global No. 1 for vehicle headliners....
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Porsche returns to Kenya to tap expanding economy

Sept. 6, 2014 06:15 CET
Porsche is returning to Kenya after a seven-year break as it seeks to take advantage of the country's expanding economy....
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Sixt says BMW car-sharing venture is profitable in most cities

Aug. 21, 2014 11:43 CET
Germany's Sixt said its DriveNow car-sharing venture with BMW is profitable in cities where it has been operating for more than a year as sign-ups exceed forecasts....
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Aisin's North American growth drives more investment, new HQ

10:51 am U.S. ET | Aug. 19, 2014
Aisin opened a new North American headquarters in suburban Detroit in July as part of the foreign subsidiary's ongoing growth stateside....
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GM to invest $2.8 billion in Brazil over five years, Barra says

12:15 pm U.S. ET | Aug. 14, 2014
General Motors will invest 6.5 billion reais ($2.8 billion) in Brazil over the next five years, CEO Mary Barra said today. She said GM remains committed to one of its most important markets....
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2014 MANAGEMENT BRIEFING SEMINARS

The global market beckons, but where?

4:09 pm U.S. ET | Aug. 6, 2014
The auto industry will have to side-step social unrest and political obstacles to take advantage of a coming decade of overseas growth opportunity, says GM’s chief economist....
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Southeast Asia: Next boom market?

11:00 am U.S. ET | Aug. 6, 2014
Auto industry executives are still upbeat about China, but their enthusiasm for the other BRIC countries has waned. New markets are in demand -- and are being discovered -- such as Southeast Asia....
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Ford looks to build factories in fast-growing African markets

6:34 am U.S. ET | Aug. 5, 2014
Ford plans to expand its manufacturing plants in Africa, where the automaker is introducing models such as the Mustang and forecasts industrywide sales will grow 40 percent by 2020....
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AUTOMOTIVE NEWS EUROPE E-MAGAZINE

Porsche's rapid growth brings risks

Aug. 4, 2014 06:01 CET
Porsche sales are booming as the carmaker looks set to hit a target of 200,000 annual global sales before a 2018 deadline, but some industry watchers worry that too much emphasis on volume jeopardizes the brand's exclusivity....
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Penske adds Spain to its overseas roster

12:01 am U.S. ET | Aug. 4, 2014
Fresh off the heels of a joint venture in Barcelona, Spain, Penske Automotive Group Inc. will continue to expand with acquisitions in the United States and elsewhere. "We want to expand globally where we have human capital and people to build these businesses," Chairman Roger Penske told Automotive News....
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Toyoda Gosei aims to be 'real global supplier'

12:01 am U.S. ET | Aug. 4, 2014
Toyoda Gosei Co., the Toyota Motor Corp.-affiliated Japanese auto parts supplier, boasts all the hallmarks of a global industrial giant. But to President Tadashi Arashima, it's just a small Japanese player. He wants to change that....
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VW may raise stake in FAW Chinese joint venture

Aug. 1, 2014 12:15 CET
VW's CFO Hans Dieter Poetsch said the automaker's only likely acquisition is a possible increase of its stake in its FAW Chinese joint venture and not a takeover of Fiat or truckmaker Paccar....
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Volkswagen plans $250 million investment in India

July 15, 2014 10:36 CET
Volkswagen plans to invest 15 billion rupees ($250 million) in India over the next five to six years. VW's market share in India fell in the last fiscal year to 2.1 percent from 2.4 percent....
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Audi to add shift at Hungary plant ahead of TT launch

July 15, 2014 11:28 CET
Audi will add a third shift at its car plant in Hungary in mid-August ahead of the launch of the new TT sports car....
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A VULNERABLE GIANT

Volkswagen's soaring growth under Piech masks troubles

12:01 am U.S. ET | July 14, 2014
During his two-decade reign, Volkswagen Group Chairman Ferdinand Piech has created an automotive giant with broad geographic reach. But industry analysts say the No. 3 global automaker may be too vast and fractured to stay cohesive after Piech's departure....
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Renault's first-half deliveries rise 5% on Dacia demand

July 7, 2014 12:20 CET
Renault's global auto sales rose 5 percent in the first six months on stronger demand for its Dacia brand. Group deliveries in Europe rose 18 percent, outpacing an overall market increase of 7 percent....
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VW to invest 2 billion euros to build new China plants

July 7, 2014 10:50 CET
VW says it will invest 2 billion euros ($2.7 billion) to construct two new vehicle plants in China. The move is part of a wider plan by the carmaker to invest 18.2 billion euros in its No. 1 market through 2018....
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