A slow down in the growth of the middle classes in Latin America, following a steady rise during the past decade, is likely to have a broad economic impact, affecting a number of industries - including automotive - according to a report by Moody's Investors Service.
Isuzu Motors reportedly has officially agreed with General Motors to jointly develop a pickup truck for emerging markets.
News
28 Sep, 2014
New Paris show concept previews sizzling Honda Civic Type R that’s taking fight to VW Golf GTI
News
26 Sep, 2014
New Lotus CEO Jean-Marc Gales wants hotter derivatives of existing cars plus an SUV by 2017, and we’re first to meet him face to face
Skoda says it remains committed to its Indian operations after a report suggested that the automaker may cut investments in the market over concerns about the country's business environment.
If you're heading to Paris for the motor show next month, or even if not, may I recommend the show preview we published this week as a management briefing? This second key show on the European calendar promises many new models and we'll be there in force to cover them and speak to key industry players.
News
26 Sep, 2014
Detuned, more comfortable version of 650S supercar designed to appeal to wealthy Asian buyers
General Motors' joint venture Shanghai GM has recalled over 100,000 Cadillac SRX sport utility vehicles in China - the automaker's largest market - over a faulty rear suspension component that could pose a safety risk.
Mercedes-Benz has launched the GLA in Brazil. Sales start in October and the car will be made locally from 2016 at Daimler's new plant in Iracemápolis, São Paulo state.
GM and Isuzu Motors agreed to jointly develop a midsize pickup truck for sale in several markets around the world, but not for the United States and Canada.
Workers at Hyundai Motor Group pledged more strikes as the two carmakers and their biggest supplier finalized a $10 billion purchase of plum real estate in Seoul's ritzy Gangnam district for a new headquarters.
Final-week forecasts from Edmunds.com and Kelley Blue Book (KBB) suggest September 2014 light vehicle sales in the US will be down around 20% from August but up about 11% year on year to around 1.3m (SAAR: 16.5m).
Ford's president of the Americas, Joe Hinrichs, said during a TV interview the company is predicting industry-wide US light vehicle sales will top 17m in 2015, a tally last achieved in 2001.
Proton launched the Iriz subcompact car in Malaysia on Thursday, hoping it will help the national carmaker regain ground lost to key domestic competitors including Perodua.
UK car production fell 22 percent in August because of the timing and length of holidays and repairs to a major plant. So far this year output has risen 1 percent and is expected to reach record levels by 2017.
UK car production fell 22 percent in August because of the timing and length of holidays and repairs to a major plant. So far this year output has risen 1 percent and is expected to reach record levels by 2017.
Sales of hybrid electric cars in South Korea are expected to accelerate next year with government incentives expected to make some local models actually cheaper to buy than equivalent petrol models.
GM plans to leverage its return to investment grade, which could lower borrowing costs, by strengthening its lending arm, CFO Chuck Stevens said.
Renault says the Eolab concept previews fuel-saving technologies that will appear on its production cars before 2020. The Eolab's fuel economy rivals the VW XL1, promoted as a "1-liter" car because it uses 1 liter of fuel per 100km.
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