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Nov
17th

UK: Reilly talks Vauxhall with UK Gov, labour union

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GM Europe's new head Nick Reilly is scheduled to meet with the UK government's business secretary and the Unite labour union today to discuss GM Europe's UK Vauxhall operations. Full story...
Nov
17th

US: Light vehicle market to return to 15m in 2013 – analyst

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Data and market analyst firm RL Polk & Co is forecasting a return to a 15m unit US light vehicle market in 2013. Full story...
Nov
17th

Autoliv CEO says Q4 production holding up

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Autoliv Inc. said on Tuesday that vehicle production volumes thus far into fourth quarter have held up well. "We have not seen any deterioration in (vehicle) production volumes. Full story...
Nov
17th

US: CEOs launch electrification ‘coalition’

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More than a dozen business leaders - including Carlos Ghosn, President & CEO of Nissan Motor Company; David W. Crane, President & CEO of NRG Energy; and Frederick W. Smith, Chairman, President & CEO of FedEx Corporation - have come together to form the 'Electrification Coalition'. Full story...
Nov
17th

CHINA: Volvo can keep its licensed technologies says Geely

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Volvo Car Corp will retain the rights for its licensed technologies, while its Chinese bidder Geely will get the right to use the technologies, according to a spokesman for the Chinese carmaker speaking to Shanghai Securities News. Full story...
Nov
17th

SWEDEN: Autoliv to buy Delphi businesses

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Autoliv has said it is buying the North American airbag, seatbelt and steering wheel assets of Delphi Corp which has recently emerged from a four-year Chapter 11 bankruptcy. Full story...
Nov
17th

US: MBUSA and Hughes Telematics launch new telematics service

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Mercedes-Benz USA (MBUSA) and Hughes Telematics, Inc. (HTI) have launched 'mbrace', a new telematics offering that they says brings an unprecedented level of connectivity to Mercedes-Benz drivers and 'begins the process of allowing them to customise their in-vehicle experiences to fit their daily needs'. Full story...
Nov
17th

Delphi to sell North American safety assets to Sweden’s Autoliv

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Delphi is selling its North American airbag, seat belt and steering wheel assets to Autoliv Inc., the world's No. 1 seat belt and airbag maker. Terms of the deal were not announced. Full story...
Nov
17th

Autoliv buys Delphi assets; boosts lead in airbags

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Autoliv Inc. said on Tuesday it would buy the North American airbag, seat belt and steering wheel assets of U.S. parts supplier Delphi for an undisclosed sum. The deal strengthens the Swedish partsmaker's position as the world's No. Full story...
Nov
17th

US: GMAC names Michael A. Carpenter as CEO

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The Board of Directors of GMAC Financial Services (GMAC) has named Michael A. Carpenter, a board member with extensive financial services experience, as its chief executive officer. Full story...
Nov
17th

US: Kia’s Georgia plant starts production

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The first US-built Kia vehicle, a white Sorento, has rolled off the production line at Kia Motors Manufacturing Georgia (KMMG), officially opening the first US Kia Motors plant. Full story...
Nov
17th

Chances dwindle for Chinese companies to buy foreign auto brands

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Other Chinese automakers might be keen to follow Geely in bidding for a world-class brand and its technology to up their game in the global market. Full story...
Nov
17th

Fiat van to help Chrysler battle Ford in U.S.

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Chrysler's new Ram brand will sell a version of the new Fiat Doblo compact van in the U.S. The Fiat-sourced Ram van will go up against Ford's Transit Connect, which Ford started selling in the U.S. in July. Full story...
Nov
17th

Chrysler to fight Ford compact van with Fiat Doblo

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Chrysler's new Ram brand will sell a version of the new Fiat Doblo compact van in the United States. The Fiat-sourced Ram van will go up against Ford Motor Co.'s Transit Connect, which Ford started selling in the U.S. in July. Full story...
Nov
17th

VW set to OK Porsche contracts, sources say

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VW's supervisory board is set to approve on Thursday contracts drafted for a merger with indebted Porsche Automobile Holding SE and the partial acquisition of Porsche's sports car business- Sources said the board would sign off on the documents,... Full story...
Nov
17th

Chrysler to challenge Ford compact van in U.S. with Fiat Doblo

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Chrysler's new Ram brand will sell a version of the new Fiat Doblo compact van in the United States. The Fiat-sourced Ram van will go up against Ford Motor Co.'s Transit Connect, which Ford started selling in the U.S. in July. Full story...
Nov
17th

Aabar mulls upping Daimler stake to 15%

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Daimler's largest shareholder, Aabar, wants to increase its 9.1 percent stake in the German carmaker to 15 percent after teaming up to jointly acquire a majority of Formula One champions Brawn GP. Full story...
Nov
17th

Chrysler to challenge Ford Transit Connect van in U.S. with Fiat Doblo

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Chrysler's new Ram brand will sell a version of the new Fiat Doblo compact van in the U.S. The Fiat-sourced Ram van will go up against Ford's Transit Connect, which Ford started selling in the U.S. in July. Full story...
Nov
17th

Chrysler to fight Ford compact van in U.S. with Fiat Doblo

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Chrysler's new Ram brand will sell a version of the new Fiat Doblo compact van in the United States. The Fiat-sourced Ram van will go up against Ford Motor Co.'s Transit Connect, which Ford started selling in the U.S. in July. Full story...
Nov
17th

VW board set to approve Porsche contracts, sources say

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VW's supervisory board is set to approve on Thursday contracts drafted for a merger with indebted Porsche Automobile Holding SE and the partial acquisition of Porsche's sports car business- Sources said the board would sign off on the documents,... Full story...
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