Trade

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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Massachusetts dealership settles with the FTC over deceptive ads

11:27 am U.S. ET | March 24, 2014
Courtesy Auto Group of Massachusetts agreed to resolve FTC charges that the dealership violated the FTC Act by deceptively advertising that consumers could lease a vehicle for $0 down and specific monthly payments. But, the FTC said, the advertised amounts failed to include "substantial fees."...
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Ford, Canadian union criticize South Korea trade deal

8:00 am U.S. ET | March 12, 2014
A new free trade agreement with South Korea will throw a wrench into Canada's auto sector recovery, Ford and Canadian union leaders warned on Tuesday, highlighting the pressure on an industry already struggling with competition from Mexico....
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Canada to phase out tariffs on Korean vehicles under trade pact

2:04 am U.S. ET | March 11, 2014
Canada concluded negotiations on a free-trade deal with South Korea that it says will phase out tariffs on cars made by Korean companies such as Hyundai....
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Car refrigerant rejected by Daimler is safe, EU scientists say

March 10, 2014 12:20 CET
EU scientists say a new car refrigerant at the center of a dispute between European regulators and Daimler does not pose any serious safety risks....
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Carmakers worry emerging markets gloom could overshadow European recovery

March 4, 2014 11:40 CET
Renault has trimmed its growth forecast for the global car market this year, in a sign that the industry is becoming increasingly worried about volatile emerging markets even as demand in Europe starts to pick up....
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How 2 stores settled FTC bad-ad cases

12:01 am U.S. ET | Feb. 17, 2014
These are some of the steps two dealerships have taken since settling charges with the Federal Trade Commission alleging deceptive advertising....
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HANS GREIMEL

Why Australia's auto industry is going the way of the dodo

12:01 am U.S. ET | Feb. 15, 2014
Toyota will end Australia's run as an automaking nation when it pulls the plug on local assembly in 2017. The move follows similar cut-and-run announcements by Ford and General Motors and triggered an outcry Down Under about the demise of local manufacturing....
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Special Report
Fewer bosses, Disney savvy, $2 idea lift stores

Fewer bosses, Disney savvy, $2 idea lift stores

A Chrysler Group dealership chain is stripping away layers of management to sell cars faster. A Chevrolet-Cadillac store is enchanting customers through Disney training. Mon., July 21
» Watch the Video
     
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