Company Information

Volvo plans rapid growth in U.S. with new factory

May 29, 2015 11:05 CET

Volvo aims to boost the brand's annual U.S. sales to 100,000 vehicles "as soon as possible" with help from a factory the company will open in 2018. The plant could one day build a Geely car, officials said....
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DAVE GUILFORD

BLOG: Sergio's merger talk could mean more heartburn for FCA workers

1:29 pm U.S. ET | May 28, 2015

Reaction to Sergio Marchionne's campaign to spur mergers has focused on other automakers, who seem notably unenthused, at least in public. But I wonder about the reaction in Marchionne's own house, Fiat Chrysler....
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Automakers asked by House panel about cybersecurity policies

5:21 pm U.S. ET | May 28, 2015

As in-car Wifi and smartphone integration becomes increasingly common, lawmakers want to know how automakers plan to prevent hackers from compromising safety by tapping in through a car's digital connection....
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Key Safety ramps up airbag inflator production

4:10 pm U.S. ET | May 28, 2015

Automotive safety components supplier Key Safety Systems said today it will ramp up production of airbag inflators beginning in December....
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UK car output drops 3.8% in April on falling exports to China, Russia

May 28, 2015 11:03 CET

UK car production fell 3.8 percent in April as stronger demand at home failed to outweigh a fall in exports to China and Russia....
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Apple exec adds to chatter that tech company is working on a car

May 28, 2015 11:29 CET

Apple has increased speculation that it will use its massive cash reserves to work on a car after a senior company executive said a car would be the "ultimate mobile device" when asked about new products at a technology conference....
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FCA, Ford, Honda expand Takata airbag recalls

2:17 pm U.S. ET | May 28, 2015

Following Takata's admission last week that its defective airbags were in millions of U.S. vehicles, Fiat Chrysler will add more than 1.8 million vehicles vehicles to its Takata recalls while Ford will add more than 950,000 to its campaigns....
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TrueCar faces shareholder suit

3:13 pm U.S. ET | May 28, 2015

TrueCar's legal woes mounted Wednesday as the online car-buying service was hit with a shareholder lawsuit alleging that it misled its investors about how it does business....
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Opel CEO rules out deal with Fiat

May 28, 2015 12:52 CET

Opel CEO Karl-Thomas Neumann has ruled out a deal with Fiat after its CEO Sergio Marchionne suggested carmakers need to consolidate to cut costs. Neumann also said it was a "big mistake" for Opel to search for scale with PSA/Peugeot-Citroen and not within GM....
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GM ignition-switch suits put on ice by U.S. judge, for now

6:22 am U.S. ET | May 28, 2015

A federal bankruptcy judge on Wednesday put on hold dozens of lawsuits accusing General Motors of concealing an ignition-switch defect while the plaintiffs in those cases appeal an earlier ruling that found their cases were barred....
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Marchionne sees industry merger by 2018

7:10 am U.S. ET | May 28, 2015

FCA CEO Sergio Marchionne is convinced a merger in the auto industry will happen before 2018, he said during a visit to the carmaker's Melfi plant in southern Italy....
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Ex-GM engineer Ray DeGiorgio to be deposed in ignition-switch lawsuit

3:58 pm U.S. ET | May 27, 2015

Former General Motors engineer Ray DeGiorgio will be deposed in June in the class-action filed by consumers against the automaker over the faulty ignition switches now linked to 107 deaths, Texas lawyer Bob Hilliard's office confirmed today....
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Lamborghini will launch SUV in 2018

May 27, 2015 16:35 CET

Lamborghini will produce its new SUV in Italy, with the model due to enter the market in 2018. The company will hire 500 new employees and almost double the physical size of its plant in Italy's Emilia Romagna region....
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GUEST BLOG - DARON GIFFORD

BLOG: How suppliers can seize new opportunities in Mexico

10:10 am U.S. ET | May 27, 2015

Major automakers from around the globe are establishing or expanding operations in Mexico, and that means new challenges -- and opportunities -- for automotive suppliers....
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Renault cautious on plug-in hybrids

May 27, 2015 06:01 CET

Renault is ready to launch its first plug-in hybrid but will wait for costs to drop before launching the model, a senior executive said....
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Valeo expects higher sales, profits this year

May 27, 2015 12:05 CET

Valeo CEO Jacques Aschenbroich reiterated that the supplier's sales in 2015 will outpace growth in global markets. Aschenbroich expects an operating margin slightly higher than the 7.2 percent margin in 2014....
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House panel sets hearing on Takata recalls

3:19 pm U.S. ET | May 26, 2015

A House of Representatives panel has called a June 2 hearing to probe the Takata airbag recalls that last week mushroomed to cover 34 million vehicles....
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Jaguar Land Rover profit declines most in two years

May 26, 2015 15:13 CET

Jaguar Land Rover became the latest casualty of a slowdown in Chinese auto demand, reporting its steepest drop in quarterly profit in two years after retail deliveries slumped in the world's largest vehicle market....
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NGK says 2 execs retired before price-fixing indictments

2:38 pm U.S. ET | May 26, 2015

Two former executives with Japanese supplier NGK Spark Plug had retired before they were indicted Thursday on a charge of conspiring to fix prices of spark plugs, standard oxygen sensors and air fuel ratio sensors sold to some automakers in the US and elsewhere....
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GM president rebuffs Marchionne's merger talk

May 26, 2015 17:10 CET

General Motors sees no need to merge with another automaker to maintain profitability, the company's president, Dan Ammann, said. Ammann was commenting after a report said Fiat Chrysler Automobiles CEO Sergio Marchionne had sent an email to General Motors CEO Mary Barra suggesting combining the automakers....
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Borgward's revival plan comes into focus

12:01 am U.S. ET | May 25, 2015

Bankrolled by a Chinese truckmaker and run by a former Daimler executive, Borgward's revival is starting to look real....
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Union effort at Toyota Canada stirs to life

12:01 am U.S. ET | May 23, 2015

The April announcement that Toyota will move Corolla production from Canada to a new Mexican plant has rejuvenated a unionizing campaign aimed at the automaker. Unifor is hoping to drum up support for a vote by the end of the year to determine if factories in Cambridge and Woodstock, Ontario, will become Toyota's first unionized plants in North America....
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Marchionne approached GM about a merger, but was rebuffed, NYT reports

8:31 pm U.S. ET | May 23, 2015

As part of his quest for a mega merger, FCA CEO Sergio Marchionne sent an email to General Motors CEO Mary Barra in March suggesting combining the automakers but was rebuffed, the New York Times reported on Saturday....
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Daimler boosts German plant investment as it adds two new models

May 22, 2015 15:10 CET

Daimler plans to invest 750 million euros ($834 million) to modernize its Mercedes-Benz factory in Bremen, Germany, in preparation to build two new models....
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Connected cars could face data traffic jams, study says

1:02 pm U.S. ET | May 22, 2015

Traffic jams in the future could cause potentially dangerous data snarl-ups as cars packed with entertainment, safety and navigation features vie for airwaves with smartphones, tablets and networked features in other vehicles, according to a study....
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Automotive News
Special Video Report
Colo. stores use cameras, computers to build transparency

Colo. stores use cameras, computers to build transparency

Planet Honda's technicians-turned-video directors are with one tap bringing the service bay to customers, while digital files are providing a clear snapshot of a used-car's history at Kuni Lexus of Greenwood...
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