Trade

RICHARD TRUETT

How Sprinter dodges the chicken tax

12:01 am U.S. ET | Nov. 24, 2014
Daimler has devised a reasonably efficient system designed to avoid the "chicken tax." Between 66 and 74 Sprinter vans a day roll off the 17-station line five days a week in South Carolina. This after being built, then disassembled in Germany. The gyrations some automakers perform to avoid the 25 percent tariff seem wasteful and crazy....
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BMW, Mercedes gain in once-impregnable Korea

Nov. 23, 2014 06:01 CET
South Korea's car imports have leapt from 3 percent of sales a decade ago to 14 percent today as foreign brands led by Germany's BMW and Mercedes take advantage of a free trade deal to grow sales in a once-impregnable market....
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UK car production likely to miss full-year target on weak overseas demand

Nov. 20, 2014 12:09 CET
UK car production is unlikely to hit a full-year goal of 1.59 million as demand from key western European markets and Russia continues to fall, the SMMT industry association said....
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Daimler, BMW cooperate on suppliers in Mexico

Nov. 18, 2014 10:17 CET
Daimler and BMW are working together to build a network of suppliers for their new factories in Mexico as both carmakers aim to take advantage of the country's tariff-free access to the U.S. market....
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BMW, others bet on Brazil but benefits trail Mexico

Oct. 30, 2014 16:18 CET
BMW is among a group of carmakers investing in Brazil as a growing middle class fuels a surge in car sales, but high costs, poor infrastructure and few trade agreements mean Brazil can't compete with rival Mexico....
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Russia may allow Serbia export quota for Fiat cars

Oct. 16, 2014 18:01 CET
Serbian Prime Minister Aleksandar Vucic said an export quota may be agreed with Russia for Fiat 500L cars built in Serbia. Exports to Russia from Serbia have high customs duties....
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AUTOMOTIVE NEWS EUROPE E-MAGAZINE

EU industry director wants to boost auto trade in Asia; warns of tougher CO2 rules

Oct. 9, 2014 06:30 CET
The new European Commission that takes office next month will make several decisions affecting automakers, including potentially tougher post-2020 CO2 emissions targets, its industry and enterprise director, Carlo Pettinelli, said....
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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

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

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

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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Canadian dealer buries a Jeep, hires an ambassador and puts on the Ritz

Canadian dealer buries a Jeep, hires an ambassador and puts on the Ritz

At Bay King Chrysler, Dodge, Jeep, Ram in Hamilton, Ontario, dealer Jamie Richter has put luxury-hotel touches in his new showroom. They include concierges who see to the needs of service customers. Mon., December 15
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