Demand in most parts of the world will continue to be soft while the US will continue its slow growth, according to General Motors' president Dan Ammann.
Visteon Corp. confirmed this morning that it's in discussions with a private equity firm to sell its stake in South Korean joint venture Halla Visteon Climate Control Corp.
Part 1 of this briefing reviews the recent financial results of a sample of major global auto suppliers; Part 2 highlights recent developments in industry structure, including M&A and IPO activity and corporate restructuring.
News
25 Nov, 2014
Suzuki confirms a glut of new models including a lightweight Honda Jazz rival and a ‘funky’ new city car
Visteon has confirmed it is in talks with Hahn & Company regarding the potential sale of Visteon's ownership interest in Halla Visteon Climate Control Corp. (HVCC) to the Korea-based private equity company.
Mahle says it is celebrating the third major expansion phase of its research and development centre in China.
Mercedes-Benz has added the CLA Shooting Brake to the CLA compact car range.
Japan's transport ministry will form groups to oversee airbag recalls tied to Takata Corp. and probe Honda Motor Co. for underreporting faults in the U.S., adding to regulatory scrutiny of the two companies.
News
25 Nov, 2014
Added space and pace for the new Mercedes CLA Shooting Brake as the 45 AMG version is set for March release
Mexico's relationship with German car production began nearly 50 years ago with output of VW's mass-market Beetle. Now it's becoming a place where luxury BMW, Audi and Mercedes cars roll out of billion-dollar factories.
More carmakers are looking to use parts reinforced with carbon fibre to help them make lighter and more fuel efficient vehicles, according to the CEO of SGL Group Juergen Koehler.
Edmunds forecasts that 1,261,813 new cars and light trucks will be sold in the US in November for an estimated Seasonally Adjusted Annual Rate (SAAR) of 16.7m. It says the market will get a boost from the impact of Black Friday's retail sales stimulus later this week.
UK luxury motor-home manufacturer Auto-Sleepers plans to set up an assembly plant in Thailand to tap what it sees as a lucrative market for motoring holidays.
Johnson Controls' battery operation falls under the auspices of its Power Solutions business, serving both automotive OEMs and aftermarket. In this interview, Matthew Beecham spoke to Craig Rigby, Advanced Market and Technology Strategist, Johnson Controls Power Solutions about the company's technologies for stop-start applications, EVs and PHEVs.
Volvo Group says it has decided to make a provision of EUR400m in respect of an on-going antitrust investigation by the European Commission into heavy truck pricing and the possibility of collusion between a number of European heavy truck makers.
PSA has launched its fourth Chinese-built SUV, the Citroen C3-XR, in the world's biggest auto market. PSA's other locally produced SUVs are the Peugeot 2008, Peugeot 3008 and DS6.
Citroen launched its first Chinese-built SUV, the C3-XR, at the Guangzhou auto show last week. The automaker has previously said the compact model will reman a China-only vehicle and will not be sold in Europe.
News
25 Nov, 2014
Extra space for more practical Mercedes CLA Shooting Brake, on sale in January with around a £1,000 premium over the saloon
To revive sales, Tata Motors plans to focus on India's rural market, PTI reported.
Having been previewed by multiple concepts in recent years, the production version of SsangYong's small SUV has been announced. The Tivoli will be launched worldwide from early 2015.