Trade

British car industry overwhelmingly backs EU membership, SMMT survey says

April 2, 2014 11:24 CET
More than 90 percent of companies operating in the British car industry want the UK to stay in the European Union, a survey commissioned by the Society of Motor Manufacturers and Traders showed....
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PSA partner Dongfeng posts strong 2013 profit

March 31, 2014 12:17 CET
Dongfeng Motor, which is taking a 14 percent stake in PSA, reported a better-than-expected 16 percent rise in 2013 profit due to a rebound in sales at its Japanese partners....
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Obama says U.S.-EU trade talks are moving forward

March 28, 2014 09:44 CET
President Barack Obama said his administration is moving forward on establishing a trade pact between the U.S. and EU. Automakers are lobbying hard for the pact to end import tariffs and adopt standard safety and environmental regulations....
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Massachusetts dealership settles with the FTC over deceptive ads

11:27 am U.S. ET | March 24, 2014
Courtesy Auto Group of Massachusetts agreed to resolve FTC charges that the dealership violated the FTC Act by deceptively advertising that consumers could lease a vehicle for $0 down and specific monthly payments. But, the FTC said, the advertised amounts failed to include "substantial fees."...
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Ford, Canadian union criticize South Korea trade deal

8:00 am U.S. ET | March 12, 2014
A new free trade agreement with South Korea will throw a wrench into Canada's auto sector recovery, Ford and Canadian union leaders warned on Tuesday, highlighting the pressure on an industry already struggling with competition from Mexico....
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Canada to phase out tariffs on Korean vehicles under trade pact

2:04 am U.S. ET | March 11, 2014
Canada concluded negotiations on a free-trade deal with South Korea that it says will phase out tariffs on cars made by Korean companies such as Hyundai....
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Car refrigerant rejected by Daimler is safe, EU scientists say

March 10, 2014 12:20 CET
EU scientists say a new car refrigerant at the center of a dispute between European regulators and Daimler does not pose any serious safety risks....
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Carmakers worry emerging markets gloom could overshadow European recovery

March 4, 2014 11:40 CET
Renault has trimmed its growth forecast for the global car market this year, in a sign that the industry is becoming increasingly worried about volatile emerging markets even as demand in Europe starts to pick up....
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How 2 stores settled FTC bad-ad cases

12:01 am U.S. ET | Feb. 17, 2014
These are some of the steps two dealerships have taken since settling charges with the Federal Trade Commission alleging deceptive advertising....
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HANS GREIMEL

Why Australia's auto industry is going the way of the dodo

12:01 am U.S. ET | Feb. 15, 2014
Toyota will end Australia's run as an automaking nation when it pulls the plug on local assembly in 2017. The move follows similar cut-and-run announcements by Ford and General Motors and triggered an outcry Down Under about the demise of local manufacturing....
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HANS GREIMEL

French automakers beat U.S. rivals back to Iran

12:01 am U.S. ET | Feb. 14, 2014
Sanctions have barely been eased on Iran and the Detroit 3 are being beaten back to the market by French rivals. This is not surprising as the U.S. still keeps businesses and individuals shackled by stricter trade restrictions....
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HANS GREIMEL

French automakers beat U.S. rivals back to Iran

12:01 am U.S. ET | Feb. 14, 2014
Sanctions have barely been eased on Iran and the Detroit 3 are being beaten back to the market by French rivals. This is not surprising as the United States still keeps businesses and individuals shackled by stricter trade restrictions....
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Ford's Hinrichs: Toyota, Japanese unfairly aided by currency manipulation

Feb. 7, 2014 06:01 CET
Joe Hinrichs, president of Ford's Americas unit, took Japan and specifically Toyota to task for benefiting unfairly from currency manipulation....
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Ford's Hinrichs: Toyota, Japanese unfairly aided by currency manipulation

2:34 pm U.S. ET | Feb. 6, 2014
Joe Hinrichs, president of Ford's Americas unit, took Japan and specifically Toyota to task today for benefiting unfairly from currency manipulation....
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Mexico surpassing Japan as No. 2 exporter of light vehicles to U.S.

12:49 pm U.S. ET | Jan. 31, 2014
Japan has ranked among the top two auto exporters to the United States since the 1970s, shipping Toyotas, Hondas and Nissans more than 5,000 miles across the Pacific. But the Asian nation is poised to be eclipsed this year by Mexico, which as recently as 1990 sent fewer than a quarter of a million vehicles across its northern border....
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Renault eyes return to Iran when sanctions are lifted

Jan. 23, 2014 13:38 CET
Renault could re-enter Iran once trade sanctions against the country are eliminated as the auto market is poised to grow by at least 50 percent, CEO Carlos Ghosn said....
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Fowlerville Ford settled FTC complaint rather than pay 'prohibitive' court fees

12:36 pm U.S. ET | Jan. 10, 2014
Fowlerville Ford today said it agreed to a settlement with the Federal Trade Commission over allegedly deceptive ads because “the cost of appealing” the FTC's conclusions “would have been prohibitive.”...
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HANS GREIMEL

In Korea, free trade still not balanced trade

12:07 pm U.S. ET | Jan. 10, 2014
Import car sales in South Korea rocketed 20 percent higher in 2013 to an all-time high. Proof that the United States free-trade pact is finally paying off for Detroit? Think again....
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U.S. automakers call for currency rule in Pacific trade pact

5:28 pm U.S. ET | Jan. 9, 2014
American automakers on Thursday pushed for rules against currency manipulation to be included in an ambitious trade pact being negotiated between the United States and 11 other Pacific Rim countries....
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U.S. still concerned about Russian car levy

11:05 pm U.S. ET | Dec. 20, 2013
The United States said on Friday it still has concerns about a recycling fee Russia imposes on cars even though the country recently extended the levy to cover domestic as well as imported vehicles....
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EU launches WTO dispute against Brazil to challenge car taxes

Dec. 19, 2013 12:08 CET
The EU launched a case against Brazil at the World Trade Organization to challenge Brazil's taxes on imports ranging from cars to computers....
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China decides not to renew tariffs on U.S.-made vehicles

6:15 pm U.S. ET | Dec. 18, 2013
China's commerce ministry has decided not to renew punitive tariffs imposed on vehicles exported from the United States after the tariffs expired on November 14....
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Automakers call for backup in quest to align EU, U.S. safety standards

Dec. 18, 2013 06:01 CET
Which is safer, a car sold in the Europe or the United States? Automakers see little or no difference, but they have struggled to win over regulators, who are wary of an industry push to make safety standards interchangeable across the Atlantic through a free-trade deal....
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Automakers call for backup in quest to align U.S., EU safety standards

3:57 pm U.S. ET | Dec. 17, 2013
Which is safer, a car sold in the United States or in Europe? Automakers see little or no difference, but they have struggled to win over regulators, who are wary of an industry push to make safety standards interchangeable across the Atlantic through a free-trade deal....
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Iran accord sparks race to Tehran as automakers target deals

Nov. 27, 2013 06:01 CET
Organizers say an Iranian auto industry conference scheduled for next weekend is attracting a lot of attention after last weekend's Geneva agreement to ease trade restrictions on Iran....
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