Growing confidence in the global economy and a relentless push for innovation will further support mergers and acquisitions (M&A) in the automotive sector in the next 12 months, according to EY's Automotive Global Capital Confidence Barometer.
American Honda, poised to redesign nearly all of its nameplates through the 2019 model year, is likely to gain U.S. market share in the next four years, according to the annual 'Car Wars' report from Bank of America Merrill Lynch.
A recent Nielsen-SBD survey of some 14,000 automobile owners found that manufactures generally are jamming features into cars that most owners don't use and often are not even aware of.
GM released the first teaser image of the redesigned 2016 Chevrolet Cruze compact car and said it will be larger and lighter than the current version. It goes on sale in the U.S. in early 2016.
Potential disruptions may make the most headlines, but the majority of future megatrends emphasize the auto industry's continuity.
Federal-Mogul Holdings, the supplier controlled by Wall Street investor Carl Icahn, is moving 140 employees from three operations in Ohio and Michigan to the Detroit suburb of Plymouth Township as part of an expansion of its powertrain division.
AutoNation said today its U.S. new-vehicle sales increased 5 percent in May from a year earlier to 31,777.
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3 Jun, 2015
The pace of change in the car industry hasn’t been matched by development elsewhere, says deputy editor Graham Hope
Volkswagen has no need to install a permanent chairman on its supervisory board until a new corporate structure has been set, the company's powerful labor chief, Bernd Osterloh, said.
Volkswagen needs to come up with a new structure before thinking about appointing a permanent chairman, VW's powerful labor chief, Bernd Osterloh, said.
News
3 Jun, 2015
Shock figures reveal 391 of 1,714 fixed cameras not in use, with mobile sites filling the void
Nissan has announced the appointment of Daniele Schillaci, most recently a top sales and marketing executive at Toyota Motor Company's European region, as global head of marketing and sales, effective July 15.
Researchers at Frost & Sullivan believe that an array of "smart parking" innovations are on the way to facilitate smart mobility in megacities.
A123 Systems plans to double global battery manufacturing capacity to 1.5 GWh within the next three years.
Mercedes-Benz USA-DBA Sprinter is recalling 2015 Sprinter 2500 and 3500 vans made from 28 February 2014 to 22 January 2015 because oil may leak from around the chain tensioner gasket area.
Hyundai Motor India has called its new SUV Creta.
Thailand is planning to adjust its excise tax rate on vehicles to close loopholes exploited mainly by importers such as declaring low cost, insurance and freight (CIF) valuations.
Hyundai Motor is welcoming last night's (2 June) dramatic decision by FIFA president, Sepp Blatter to resign his presidency of the body responsible for global football as the drama surrounding the Switzerland-based association continues to unfold.
Fiat Chrysler Automobiles (FCA) UK has announced a major restructuring of its senior management team.
News
3 Jun, 2015
Jaguar celebrates 80 year anniversary with a moving display of priceless heritage cars in Coventry, including one-off XJ13 and D-Type