Automakers

Marchionne's pay package valued at $34 million for 2014, including special bonus

12:38 pm U.S. ET | March 6, 2015
Fiat Chrysler Automobiles CEO Sergio Marchionne earned a pay package currently valued at 31.3 million euros ($34 million) last year, including a bonus for cementing a deal that created the world's seventh-largest carmaker, a regulatory filing showed....
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GABE NELSON

Tesla is all smiles on 'gigafactory' progress

3:00 pm U.S. ET | March 6, 2015
For most car companies, a construction delay is an annoyance. But for Tesla, which is betting the company on a $5 billion “gigafactory” for lithium ion batteries in Nevada, it's an existential fear....
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NEWS ANALYSIS

Silicon Valley debate on self-driving cars may focus on the need for a map

3:49 pm U.S. ET | March 6, 2015
The Silicon Valley race to build a self-driving car may revolve around one simple question: to map or not to map. The company at the forefront of the race, Google, is creating intricate maps that detail everything along the road. Newer entrants such as Apple could take a shortcut....
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Oregon prepares nation's first per-mile road tax

3:33 pm U.S. ET | March 6, 2015
Some states, worried that rising numbers of electric and fuel-efficient vehicles will crimp their gas-tax revenues, are looking at alternative ways to fund road upkeep. In July, Oregon will implement the first such alternative....
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LINDSAY CHAPPELL

Why Renault should plan a U.S. return

2:07 pm U.S. ET | March 6, 2015
France's Renault brand will eventually return to the US market, I do predict. Not any time soon, I will concede. But sooner or later....
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VW will probably drop 3-door Polo to cut cost, sources say

March 6, 2015 17:44 CET
VW will probably stop making three-door versions of the Polo hatchback, as Europe's largest carmaker accelerates cost cutting at its core division, company sources said....
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Nissan expands recall to address Altima hoods that may fly open

9:28 am U.S. ET | March 6, 2015
Nissan expanded the North American recall of its top-selling Altima sedan to about 878,000 vehicles because a secondary hood latch may fail and cause the hood to fly up while the car is in motion, according to a company filing with federal safety regulators....
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Jaguar Land Rover's performance unit could make stand-alone models

March 6, 2015 15:14 CET
Jaguar Land Rover's Special Vehicle Operations unit may create its own stand-alone models to rival Mercedes' AMG performance division, which builds the SLS and GT....
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Ford to cut 500 jobs at B-Max plant in Romania

March 6, 2015 16:31 CET
Ford will lay off about 500 people at its B-Max plant in Romania this year, less than the 680 initially envisioned. Ford began building the subcompact minivan at the plant three years ago, but low demand has led to multiple production stoppages....
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Daimler to invest $500 million in S.C. plant to build Sprinters

9:11 am U.S. ET | March 6, 2015
Daimler AG said it will spend $500 million to build a new assembly plant in South Carolina that will make large commercial vans and result in the creation of more than 1,300 jobs....
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Fiat will export new compacts to EU from Turkey, Marchionne says

March 6, 2015 06:01 CET
Fiat Chrysler will begin sales of a Turkey-built hatchback and station wagon in Europe's key compact segment next year, CEO Sergio Marchionne said. The new models will plug a big hole in Fiat's European product lineup. The compact car segment, led by the VW Golf, is Europe's second biggest by sales after subcompacts....
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Mercedes sales rise 15% in Feb. on Europe demand

March 6, 2015 12:43 CET
Mercedes brand sales increased 15 percent in February, driven by robust demand in Europe and strong global sales of its C class, compacts and SUVs....
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AUTOMOTIVE NEWS EUROPE E-MAGAZINE

SUVs poised to boost sales in Europe's priciest niche

March 6, 2015 06:01 CET
Sales in Europe's most exclusive car segment are poised to top 10,000 units in 2015 and will continue to grow in 2016 and beyond because of the arrival of as many as five SUVs from ultraluxury brands such as Bentley, Maserati, Rolls-Royce, Aston Martin and Lamborghini....
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Renault Megane will get sleeker design

March 6, 2015 06:01 CET
The next Renault Megane will have a new platform and sportier styling as the automaker seeks to boost demand for a core model whose sales are flagging because of competition from fresher rivals....
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PSA's blue-chip index comeback may spur recovery

March 6, 2015 10:40 CET
PSA will return to France's benchmark CAC-40 index, stock market operator Euronext said, delivering a likely boost to the carmaker as it emerges from a prolonged European sales slump and bailout....
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Nissan Sway concept previews possible segment-busting small car

March 6, 2015 11:02 CET
Nissan executives say the Sway concept, unveiled at this week's Geneva auto show, hints at an entirely new subcompact for the brand rather than a straight replacement for the Micra....
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Most GM, Ford, Toyota plants resume operations after snowstorm

5:43 pm U.S. ET | March 5, 2015
General Motors, Ford and Toyota plants resumed production today after some canceled shifts because of hazardous weather in the South and Midwest on Thursday. One GM plant in Tennessee canceled production shifts today....
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VW plans $1 billion investment in Mexico to support Tiguan output, report says

6:31 pm U.S. ET | March 5, 2015
VW plans an investment worth around $1 billion in Mexico to expand its Puebla assembly plant, Reuters reported Thursday. The capital outlay, aimed at supporting production of the Tiguan compact crossover, is due to be unveiled on Monday and is expected to generate about 1,900 jobs....
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NHTSA could tap unexercised authority to speed Takata recalls

7:53 pm U.S. ET | March 5, 2015
Federal auto safety regulators are considering unprecedented steps to speed up the replacement of potentially deadly Takata airbags in millions of cars that remain on American roads despite massive recalls initiated by automakers....
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GM sued by 2 workers for not allowing unpaid religious days

6:27 pm U.S. ET | March 5, 2015
Two GM workers at its Arlington, Texas, assembly plant have sued the company and are seeking class-action status, claiming the company violated the Civil Rights Act of 1964 by denying them unpaid religious days off....
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Lotus CEO leans towards SUV launch as sales pick up

2:53 pm U.S. ET | March 5, 2015
Lotus CEO Jean-Marc Gales, focused on the British sports car maker's survival, says the next all-new Lotus vehicle is likely to be a crossover SUV....
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GM hires new media-strategy director

12:33 pm U.S. ET | March 5, 2015
General Motors has hired Jonathan Halvorson as director of global media strategy and branded entertainment. The appointment is effective April 1....
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Mercedes Metris cargo van to enter Ford Transit Connect's turf

11:54 am U.S. ET | March 5, 2015
Ford's segment-leading Transit Connect small cargo van may get its toughest challenge yet from an unlikely competitor in the U.S.: Mercedes-Benz....
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Continental 'interested' in being partner on possible Apple car

March 5, 2015 11:50 CET
Continental would be interested in acting as partner for technology giant Apple if the tech company decides to build a car, CEO Elmar Degenhart said....
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VW's German workers get 3% wage increase

March 5, 2015 12:56 CET
Volkswagen will give workers at German plants a 3.4 percent wage increase even as the automaker looks to boost profitability by cutting costs....
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