Trade

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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JESSE SNYDER

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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U.S. proposes 30-year phase-out of tariffs on Japanese autos, report says

8:00 am U.S. ET | April 12, 2014
The United States has proposed eliminating over 30 years its tariffs on Japanese light vehicles but Japan rejected the proposal because the time period is unusually long, Kyodo News reported on Saturday....
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Chrysler to take $130 million charge in first quarter due to Venezuela

4:25 pm U.S. ET | April 11, 2014
A change in the way it measures currency in Venezuela will cause Fiat Chrysler Automobile's Chrysler Group LLC unit to take a $130 million charge in its first quarter, Chrysler said today in a filing with federal regulators....
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Rainbow PUSH targets new imbalance with Japan

11:36 am U.S. ET | April 9, 2014
Mention trade deficits with Japan, and the phrase usually conjures the 1980s trade wars with Tokyo over the flood of made-in-Japan imports to the United States. But for civil rights leader Jesse Jackson, there is a new trade gap with Japan....
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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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At Courtesy Auto Group in Illinois, Ray and Rik Fregia are seeing sales boom after million-dollar overhauls at their three stores. Mon., September 15
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