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Ford declined to comment on a report that it will move Stephen Odell, the head of its money-losing European operations, to a new role within the automaker.
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Nov
6th
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Ford declined to comment on a report that it will move Stephen Odell, the head of its money-losing European operations, to a new role within the automaker.
Nov
6th
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The UK car market continues to surprise and was up by 14.2% year-on-year in October. It looks good. There are a few things to note.
Nov
6th
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UK car sales in October rose 14 percent but will likely slow as consumers brace for a rise in interest rates next year. Total new registrations are heading toward 2.46 million for this year, a return to pre-recession levels.
Nov
6th
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General Motors asked a judge to knock out lawsuits demanding $10 billion for the lost value of millions of cars recalled this year for ignition-switch fixes and other repairs.
Nov
6th
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Malaysia first national car company, Proton, and Honda Motor are currently holding talks to explore potential collaboration, Malaysia's trade and industry minister Datuk Seri Mustapa Mohamed told local reporters.
Nov
6th
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Western European new-car sales rose 6 percent in October as demand picked up in all major markets except France. Registrations increased despite deepening uncertainties over the region's economic outlook.
Nov
6th
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Spain is continuing its subsidy scheme for new car buyers until the end of the year, the seventh time Madrid has extended the scrappage programme which has so far cost more than EUR1bn.
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Takata, the Japanese airbag supplier at the center of a safety crisis, widened its annual loss forecast, will skip a dividend payout and warned it can't estimate the full financial liability as regulators urge automakers to speed up recalls.
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6th
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BMW and Toyota are moving closer to putting jointly developed sports cars on the road.
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6th
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Mercedes is the worst offender in manipulating European fuel-efficiency tests, a move that costs the average car owner thousands of euros over the lifetime of a vehicle, green lobby group TandE said in a report.
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Chrysler Group boosted net income 32% year on year in the third quarter of 2014 to US$611m. Revenue was up 18% to $20.7bn.
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Fiat's Turkish joint venture, Tofas, will invest $1 billion to produce a family of compact cars to replace the Bravo in Europe. The family will include a hatchback, sedan and station wagon.
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Nissan's upmarket Infiniti brand began production of a long-wheelbase version of the Q50 on Thursday (6 November) at the company's Xiangyang plant in Hubei Province.
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Russia's top carmaker AvtoVAZ said sales of its best-selling Lada brand increased by 5 percent in October, the first rise in 19 months and a possible sign that a turnaround plan from the carmaker's new CEO, Bo Andersson, could be having an effect.
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AvtoVAZ said Russian sales of its Lada brand increased in October, the first rise in 19 months, as a scrappage program to counter Western sanctions over Ukraine helps to boost demand.
Nov
6th
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Google's head of automotive says society is still at "dawn" in terms of the pace of technological change.