Trade

EU, Canada to hail draft trade pact that may take effect in 2016

Sept. 25, 2014 11:59 CET

The European Union and Canada will meet on Friday to cap five years of negotiations on a free-trade accord which has resulted in a draft pact that may see a gradual phase out of some automotive levies between the two....
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EU asks WTO to rule on dispute with Russia over van exports

Sept. 15, 2014 16:15 CET

The EU wants the World Trade Organization to rule on its dispute with Russia after Moscow imposed tariffs on vans imported from Germany and Italy. The EU said Russia is illegally protecting its own producers....
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AUTOMOTIVE NEWS EUROPE E-MAGAZINE

Heated debate over transfer pricing

Sept. 1, 2014 06:15 CET

A key challenge facing companies in India is litigation over transfer pricing. Foreign companies are debating with the government whether business between two companies with the same parent is artificially mispriced to lower tax bills....
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Daimler settles dispute with UAW over retiree medical benefits for $480 million

6:55 am U.S. ET | Aug. 27, 2014

Daimler will pay $480 million to settle a dispute with the UAW over medical benefits for retired employees of its North American trucks business, U.S. court records show....
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HANS GREIMEL

BLOG: Why Korea could be next to crack down on foreign brand pricing

12:01 am U.S. ET | Aug. 20, 2014

Could China's crackdown on perceived price gouging by foreign automakers trigger a domino effect next door in South Korea, where sale of overseas brands are heating up?...
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HANS GREIMEL

BLOG: Why Korea could be next to crack down on foreign brand pricing

8:55 am U.S. ET | Aug. 19, 2014

Could China's crackdown on perceived price gouging by foreign automakers trigger a domino effect next door in South Korea, where sale of overseas brands are heating up?...
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Russia may ban car imports if West applies new sanctions, report says

Aug. 18, 2014 11:54 CET

Russia may ban car imports if the West applies additional sanctions on Moscow over its involvement in Ukraine, a daily newspaper reported....
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KEITH CRAIN

Automakers need state departments

12:01 am U.S. ET | Aug. 4, 2014

I don't know if any car company has an executive title of secretary of state, but it won't be long before that's a normal function in multinational firms....
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Mexico projected to surpass Brazil as top Latin American vehicle producer

12:01 am U.S. ET | July 8, 2014

Mexico is poised to overtake Brazil as the top Latin American automobile producer for the first time in more than a decade as surging exports to the U.S. spur factory openings and record output....
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YANG JIAN

BLOG: Will global automakers drop Chinese partners?

7:32 am U.S. ET | June 30, 2014

China may relax its 50 percent ceiling on foreign automakers' ownership of joint ventures, but this may not lead to Western companies ditching their local partners if recent moves by BMW and VW are anything to go by....
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2014 AUTOMOTIVE NEWS EUROPE CONGRESS

EU aims to have 20 percent of GDP come from manufacturing, official says

June 4, 2014 11:50 CET

The European Union wants to boost the bloc's share of economic output coming from manufacturing by a quarter by 2020, its official in charge of automotive regulation told the Automotive News Europe Congress....
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GABE NELSON

Why global trade alliances will eclipse the power of Detroit, U.S. automakers

12:01 am U.S. ET | May 31, 2014

If the United States finishes the European and Asian trade alliances, we could see a new, global Big Three or Gang of Four, in which the members are nations, not companies, and the dominant strategy is lowering trade barriers, not raising them....
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GM Korea faces most critical wage negotiations ever, CEO says

8:23 am U.S. ET | May 29, 2014

GM's South Korea chief said local labor costs may rise 15 percent, fueling profitability concerns in a country where exporters are already struggling with the won's climb to a six-year high....
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Hyundai plans new 'flagship' sedan to combat growing rivals at home

3:22 am U.S. ET | May 29, 2014

Hyundai, feeling pinched at home by increasingly popular import brands, will add a new "flagship" sedan slotted between the Azera and Genesis to try to win more high-end sales....
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U.S. wins WTO dispute with China over auto imports

11:16 am U.S. ET | May 23, 2014

In a victory for automakers exporting vehicles from the United States to China, the World Trade Organization ruled that Chinese duties on U.S.-made cars and trucks violated international trade rules....
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U.S. wins WTO trade dispute with China over cars, auto components, report says

5:47 pm U.S. ET | May 22, 2014

The World Trade Organization has ruled in favor of the United States in a dispute with China involving duties and subsidies on cars and auto parts, Bloomberg reported. U.S. officials are set to announce the victory Friday in Washington....
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Ghosn succeeds Varin as ACEA president

May 12, 2014 14:40 CET

Renault-Nissan CEO Carlos Ghosn has been elected to succeed former PSA chief Philippe Varin as president of ACEA, the European auto industry's lobbying body....
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European carmakers oppose EU-Japan trade deal

May 9, 2014 13:15 CET

European carmakers object to a looming EU-Japan trade deal. They say the accord would make it easier for Japanese automakers to sell cars in Europe without providing the same opportunity to European exporters....
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JESSE SNYDER

BLOG: New Russian outlook: 'Slower, lower, weaker'

12:01 am U.S. ET | April 23, 2014

Days after Russia annexed a province of Ukraine and U.S. and European forces mobilized, you would expect a conference in the United States on the future of the Russian auto industry to be pessimistic....
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JESSE SNYDER

New Russian outlook: 'Slower, lower, weaker'

3:50 pm U.S. ET | April 22, 2014

Days after Russia annexed a province of Ukraine and U.S. and European forces mobilized, you'd expect a conference on the future of the Russian auto industry to be pessimistic....
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