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Nov
11th

Marchionne expects Ferrari IPO next year

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The initial public offering of Ferrari is expected to happen between the second and the third quarter of 2015, said Sergio Marchionne, CEO of parent Fiat Chrysler Automobiles.
Nov
11th

Takata accused in lawsuit of burying bad airbag test results

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Takata, the maker of automobile airbags with a potentially lethal defect that prompted the recall of almost 8 million cars, was accused in a lawsuit of a years-long cover-up.
Nov
11th

US: Inalfa Roof Systems opens largest assembly facility in Georgia

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Inalfa Roof Systems has opened its largest assembly facility in Georgia, US.
Nov
11th

GERMANY: Tax hits BMW Q3 net profit

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The BMW group boosted third quarter profit before financial result (EBIT) 17.1% year on year to EUR2,256m thanks to a higher-value model mix.
Nov
11th

GERMANY: Mercedes-Benz renames multiple models

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While noted some time ago in just-auto.com's PLDB current and future vehicles database, Daimler has now confirmed changes to the names of many Mercedes-Benz vehicles.
Nov
11th

Maybach is back! Mercedes revamps car naming structure – pictures

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Nov
11th

Hyundai Motor, Kia to spend $616 million to buy back shares

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Hyundai Motor and Kia Motors will buy back a combined 670 billion won ($616 million) of stock after their purchase of a Seoul property for three times the assessed price spurred a sell-off.
Nov
11th

GERMANY: BMW 2014 sales up 7%

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The BMW group boosted October sales 11.1% year on year to 184,297 vehicles worldwide. In the first 10 months of 2014, sales rose 7% to 1,714,197.
Nov
11th

CHINA: Faurecia plans China boost to double sales by 2018

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At its Investor Day held in Shanghai, Faurecia said it is planning to grow twice as fast as the market to reach total sales over EUR4bn (US$4.98bn) by 2018, up from an estimated EUR2.3bn targeted for 2014.
Nov
11th

US: Navistar unveils raft of management changes

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Navistar says its COO and EVP, Jack Allen, is retiring after 33 years at the company and has announced further management changes.
Nov
11th

US: Ford starts 2015 F-150 build at the Rouge

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Ford built the first production redesigned 2015 F-150 truck at its Rouge Center on Tuesday.
Nov
11th

GM December switch order shows failure to disclose under Barra

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The disclosure of December e-mails by General Motors shows that even after Mary Barra took over as CEO, the automaker failed to disclose key information about its ignition-switch recall -- raising more questions about what she knew and how quickly...
Nov
11th

Mercedes introduces new names for its vehicles to avoid customer confusion

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Mercedes-Benz, hoping to overcome consumer confusion as its product lineup expands, is overhauling the nomenclature used to identify its cars and light trucks.
Nov
11th

SOUTH KOREA: Hyundai-Kia buybacks to appease shareholders

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Hyundai Motor and affiliate Kia Motors have unveiled share buybacks worth a combined KRW670bn (US$615m) in an apparent bid to appease investors angered by the sky-high price paid for property to house new headquarters.
Nov
11th

JAPAN: Yokohama posts nine-month net income up to US$215m

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Yokohama Rubber has reported January to September net income up to JPY25bn (US$215m), with net sales rising 4.2% to JPY430bn.
Nov
11th

BMW sees popularity of sports cars waning as customer tastes change

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BMW says sports car sales may never reach pre-recession levels again as changing tastes among rich customers in China and other emerging markets hits demand.
Nov
11th

BMW sees popularity of sports cars waning as customer tastes change

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BMW says sports car sales may never reach pre-recession levels again as changing tastes among rich customers in China and other emerging markets hits demand.
Nov
11th

Hot new Alfa Romeo 4C Quadrifoglio Verde spied testing

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Alfa Romeo 4C QV spies front
News 11 Nov, 2014

Alfa's 4C coupe and Spider get the Cloverleaf treatment, as the Italian firm prepares a faster, more aggressively styled range addition

Nov
11th

Maybach is back! Mercedes revamps car naming structure

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News 11 Nov, 2014

Mercedes has revealed a new naming structure for its growing range and the return of the Maybach name as part of a luxury sub brand.

Nov
11th

US: Audis recalled for airbag software update

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Volkswagen Group of America is recalling 101,938 2013-2015 Audi A4 and S4 vehicles manufactured from 16 February, 2012 to 21 October, 2014, and 2013-2015 Allroad vehicles manufactured from 12 March, 2012 to 21 October, 2014.
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