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AUTOMOTIVE NEWS EUROPE E-MAGAZINE

VW India boss outlines turnaround plan

Sept. 1, 2014 06:15 CET
VW India boss Mahesh Kodumudi explains to Automotive News Europe what measures the automaker is taking to reverse its slide in the key market....
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Spanish car sales rise 14% in August

Sept. 1, 2014 11:47 CET
Spain's new-car sales rose 14 percent to 45,355 in August, the twelfth straight month of increases, car manufacturers' association Anfac said....
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AUTOMOTIVE NEWS EUROPE E-MAGAZINE

How India went from boom to bust

Sept. 1, 2014 06:15 CET
After a period of rapid expansion, India's car market entered a slump indirectly triggered by the U.S. Federal Reserve's announcement that it would start to gradually phase out its ultra-loose monetary policy....
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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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EDITORIAL

GM clears the backlog

12:01 am U.S. ET | Sept. 1, 2014
General Motors finally has a moment to catch its breath after working off a backlog of orders for ignition switches to replace defective ones in 2.6 million recalled vehicles worldwide....
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Suppliers unveil the future at world car-tech conference

9:00 am U.S. ET | Aug. 30, 2014
The upcoming ITS World Congress 2014 in Detroit will highlight the global transportation industry's future of connectivity, safety and automation. The Sept. 7-11 event, which is in Detroit for the first time, is a big step for suppliers, local and global, to introduce the technology that's making up more of their bottom lines....
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California lawmakers set to adjourn without Tesla aid

6:34 am U.S. ET | Aug. 30, 2014
California lawmakers are set to adjourn for the year without coming up with incentives to entice Tesla Motors to build a $5 billion battery plant in the state....
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Audi will recall 70,000 cars for potential brake problem

Aug. 29, 2014 16:58 CET
Audi will recall 70,000 cars worldwide because of a potential fault with the brake booster. Audi's A4, A5, A6, A7 and Q7 models equipped with a 3.0-liter diesel engine and built between March and December 2012 are being recalled....
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Dealers in Georgia petition to shut Tesla down

5:53 pm U.S. ET | Aug. 29, 2014
Auto dealers in Georgia are the latest seeking to shut down Tesla's factory-owned stores. The Georgia Automobile Dealers Association filed a petition of enforcement Friday with state regulators arguing that Tesla's direct-sales model violates state law....
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California to phase out EV incentives for the wealthy

1:44 pm U.S. ET | Aug. 29, 2014
California, which offers rebates of up to $2,500 to electric vehicle buyers to help meet a goal of getting 1 1/2 million zero-emission vehicles onto its roads by 2025, is overhauling its incentive program in response to a common criticism: The state's rebates are sometimes just a windfall for the wealthy....
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Global price-fixing crackdown threatens supply chain's 'business model'

3:58 pm U.S. ET | Aug. 28, 2014
As antitrust regulators, most recently in China, go after auto suppliers in what has become a worldwide probe into price fixing, a longtime "business model" in the supply chain is now in danger, says an automotive purchasing executive. That model essentially sees parts makers collude to keep prices relatively high for new components they supply to car manufacturers, and then charge even more for the same parts supplied as replacements to dealerships and repair shops....
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Transmission parts supplier to invest $42 million in Mich. plant

3:21 pm U.S. ET | Aug. 28, 2014
Transform Automotive is expanding in Michigan after landing a new contract to build transmissions parts. The machined, metal-stamped and laser-welded parts supplier plans to invest nearly $42 million to lease and build out a new manufacturing plant in Shelby Township, Mich., a suburb east of Detroit....
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Russia pledges 207 million euros to resume car scrappage scheme

Aug. 28, 2014 12:19 CET
Russia will reintroduce a scrappage scheme to help stimulate car sales after deliveries in the market fell 23 percent in July as the crisis in Ukraine continues to hit consumer confidence....
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GM ignition switch fund receives claims for more than 100 deaths

6:34 am U.S. ET | Aug. 27, 2014
A program to compensate victims of crashes linked to a faulty ignition switch in General Motors vehicles has received claims for 107 deaths as of Tuesday, according to a spokeswoman for the lawyer overseeing the program....
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JIM HENRY

Is CFPB guilty of spin?

12:01 am U.S. ET | Aug. 27, 2014
Remarks delivered by Consumer Financial Protection Bureau Director Richard Cordray and language used in a bureau statement last week were a lot harsher than the dry legalese of the consent order signed this month by the CFPB and First Investors Financial Services Group....
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Spiders hooked on gasoline fumes cause another recall, this time for Suzuki

11:06 am U.S. ET | Aug. 27, 2014
Spiders drawn to gasoline vapors and weaving webs that block a hose to vent those vapors have caused Suzuki Motor of America to recall about 19,000 Kizashi midsize sedans from the 2010-13 model years....
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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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GM, Ford, Toyota and VW among automakers hit by antitrust penalties in India

Aug. 26, 2014 10:21 CET
India's antitrust regulator fined 14 carmakers a combined $420 million for stifling competition in the market for spare parts. Among the companies fined were the local units of GM, Ford, Toyota, VW, Fiat, Nissan, BMW and Mercedes....
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Regulators' sweep threatens auto parts business model

Aug. 25, 2014 12:32 CET
Suppliers who have colluded for years to inflate parts prices for automakers, dealers and repair shops in a global market with annual sales of more than 80 million vehicles, are now being exposed in a worldwide sweep by regulators....
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WANTED: WEBMASTER

Funding-strapped feds search for someone to run the 'Internet of cars'

12:01 am U.S. ET | Aug. 25, 2014
While federal officials and researchers today envision a so-called Internet of cars that would make driving safer by linking vehicles through a wireless network, they have all but ruled out funding, building or running it themselves....
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GM dealers win reprieve on audits to focus on recalls

12:01 am U.S. ET | Aug. 25, 2014
GM told dealers in an Aug. 8 memo that, in recognition of the "unprecedented times" that dealerships are experiencing with the recall onslaught, the company has suspended audits on warranty claims and sales incentives....
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RENTALS ROCKED

Costs add up as companies forced to park recalled vehicles

12:01 am U.S. ET | Aug. 25, 2014
Through July, the cost of the recalls to Avis Budget Group Inc. was at least an "eight-digit number," said CEO Ronald Nelson....
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CFPB takes new tack in auto lender crackdown

12:01 am U.S. ET | Aug. 25, 2014
The Consumer Financial Protection Bureau took a fresh approach to cracking down on auto lenders, citing one group for failing to furnish accurate customer data to credit reporting agencies....
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EDITORIAL

Vehicle-to-vehicle network needs the industry to step up

12:01 am U.S. ET | Aug. 25, 2014
The Department of Transportation has said that, due to uncertain government budgets, it cannot take on the task of setting up and running a vehicle-to-vehicle communications network....
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1st brand with 30 mpg pickup wins, Hegbloom says

12:01 am U.S. ET | Aug. 25, 2014
Engineers are not satisfied with the Ram 1500 Ecodiesel's 28 mpg EPA highway rating and are gunning for 30 -- and eventually higher....
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