Manufacturing

TRW plans to open 3 more plants in China

10:08 am U.S. ET | April 21, 2015

TRW Automotive, the safety components supplier being acquired by Germany’s ZF Friedrichshafen, said it plans to open three plants in China this year and next....
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BMW will build fwd cars in China to attract middle class

April 21, 2015 10:11 CET

BMW will double the number of cars it builds in China to six as it adds models including the front-wheel-drive 2-series Active Tourer minivan in a bid to increase sales to middle class buyers who don't have chauffeurs....
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PSA lifts European output as market upturn helps turnaround plan

April 21, 2015 10:55 CET

PSA will boost European production by 10 percent as a market rebound and demand for models including the Peugeot 208 subcompact and Citroen C4 Cactus crossover help boost the carmaker a year into a major turnaround plan....
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AUTOMOTIVE NEWS EUROPE E-MAGAZINE

Volvo's future rides on revived XC90

April 21, 2015 06:15 CET

Volvo says its all-new XC90 flagship represents the future of the automaker, which aims to nearly double global sales to 800,000 vehicles by 2020....
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Phil Martens out as CEO of aluminum supplier Novelis

1:56 pm U.S. ET | April 20, 2015

Top aluminum rolled products maker Novelis announced Monday the surprise departure of CEO Philip Martens -- a former rising star executive at Ford -- who helped the India-owned supplier shift toward the automotive sector....
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BMW cutting production, prices in China as market slows

April 20, 2015 14:28 CET

BMW has reduced the prices of some of its vehicles in China and will cut local production in the country to ensure that dealers are not overstocked as luxury demand in the world's largest auto market slows....
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Lackluster profits drive FCA's higher invoice prices

12:01 am U.S. ET | April 20, 2015

The reason behind Fiat Chrysler's wholesale pricing action is simple: profits -- or the lack thereof....
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S.C. called a contender for Volvo plant site

12:01 am U.S. ET | April 20, 2015

Volvo Cars is weighing a site in South Carolina against one in another Southern state as it prepares to invest $500 million in its first U.S. plant, people with knowledge of the matter told Reuters....
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EDITORIAL

Toyota's Mexico move

12:01 am U.S. ET | April 20, 2015

Production capacity is shifting rapidly to Mexico. Last week, Toyota was the latest automaker to announce plans to build or expand a plant there....
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RICHARD TRUETT

Self-driving tech building blocks already in place

12:01 am U.S. ET | April 20, 2015

Kathy Winter, Delphi's vice president of advanced engineering and software service, declined to predict when autonomous cars would be ready for the market. But she did say it'll probably be regulatory and insurance issues - not the readiness of the technology - that slows the rollout of autonomous cars....
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High-volume battle of the in-car audio brands

12:01 am U.S. ET | April 20, 2015

On March 26, Bose Corp. said its 34-speaker Panaray system will appear in the 2016 Cadillac CT6 sedan. Five days later, rival Harman International Industries Inc. counterpunched, saying it would pay $154 million to acquire Bang & Olufsen. The dueling announcements threw into sharp relief the different strategies of the two leading companies in branded automotive audio....
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DANIEL SANDBERG, CEO, BREMBO NORTH AMERICA

Brembo thrives on growing performance market

12:01 am U.S. ET | April 20, 2015

Brembo, the Italian brake manufacturer, is on a roll. The company's global 2014 revenue grew 15 percent to nearly $2.20 billion. But Brembo has plenty of challenges. The company wants to hire more engineers, and automakers are demanding lighter weight parts....
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Shanghai GM to spend $16 billion to boost China product portfolio, market share

6:19 pm U.S. ET | April 19, 2015

Shanghai GM, a joint venture between General Motors and China's SAIC, plans to spend $16 billion over the next five years developing new vehicles and to lift its Chinese market share....
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VW board members came close to demanding Piech's resignation, paper says

April 18, 2015 22:33 CET

Senior members of Volkswagen's supervisory board were prepared to demand Chairman Ferdinand Piech's resignation had he not agreed to a statement backing CEO Martin Winterkorn, a German newspaper reported. Piech had initially resisted pressure from other board members to back Winterkorn during an emergency meeting....
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BMW to recall 91,800 Mini Coopers over airbag flaw

10:34 am U.S. ET | April 18, 2015

BMW of North America will recall about 91,800 Mini Coopers in the U.S. to fix a flaw with the front passenger seat mat that may prevent the passenger airbag from deploying....
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Lotus plans to build cars in China

April 17, 2015 16:24 CET

Lotus plans to build cars and engines in China in a joint venture, DRB-Hicom, the UK sports car maker's Malaysian parent company, said. The venture will involve an investment of $1.6 billion over 15 years....
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Ford to spend $2.5 billion on new Mexico engine, transmission operations

1:08 pm U.S. ET | April 17, 2015

Ford, confirming reports from earlier this week, will spend $2.5 billion to build a new generation of fuel-efficient engines and transmissions in Mexico, creating 3,800 jobs. The company will build a new engine line within its engine plant in the northern state of Chihuahua. The company will also build a transmission plant in the central state of Guanajuato....
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Oman will use Italian expertise to help build auto industry

April 17, 2015 06:01 CET

The Oman government has bought into an Italian supplier as part of its goal to develop car production in the oil-rich Middle Eastern state. The state-owned Oman Investment Fund last month bought a 40 percent stake in Italian thermoplastic parts supplier Sigit....
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Volvo narrows choices for U.S. plant to S. Carolina, 2nd state, report says

11:57 am U.S. ET | April 17, 2015

Volvo Cars is weighing a site in South Carolina against another southern state as it prepares to invest $500 million in its first US plant, people with knowledge of the matter told Reuters today....
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Lotus forms joint venture to build cars, engines in China

9:34 am U.S. ET | April 17, 2015

Lotus plans to build cars and engines in China in a joint venture, DRB-Hicom, the U.K. sports car maker's Malaysian parent company, said....
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Aluminum F-150 improves crash-test rating from all-steel predecessor

9:48 am U.S. ET | April 16, 2015

The aluminum-bodied Ford F-150 has earned a better government crash-test rating than its all-steel predecessor, countering any concerns that the lighter material would result in a weaker truck and eliminating one of the Chevrolet Silverado's advantages....
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Magna to sell interiors unit to Grupo Antolin for $525 million

9:17 am U.S. ET | April 16, 2015

Canadian auto supplier Magna has agreed to sell its interiors operations to Grupo Antolin, a Spanish supplier with global operations, in a deal valued at about $525 million, Magna said today in a statement....
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Volkswagen extends Routan ignition-switch recalls

12:55 pm U.S. ET | April 16, 2015

Volkswagen is recalling 20,676 Routan minivans with potentially faulty ignition switches. It is an extension of recalls for ignition-switch defects that replaced only detent plungers, instead of the full ignition switch....
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Grupo Antolin to buy Magna unit for $525 million

April 16, 2015 15:17 CET

Spain's Grupo Antolin has reached an agreement to purchase Magna International's interiors unit for about $525 million, creating what Antolin estimates will be the world's third-largest player in the consolidating sector....
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Toyota investments in Mexico, China to usher in new cost-efficiency strategy

9:00 am U.S. ET | April 15, 2015

Opening its purse after a three-year expansion freeze, Toyota announced plans today to spend nearly $1.5 billion on a new factory in Mexico and a new line in China to support sales growth in key markets and underpin a global overhaul in the way it builds vehicles....
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