Auto News 5

As sharply falling oil prices which went below US$40 last week, continue to feed through to Russian exchange rates, with a plunging currency in turn putting pressure on disposable income available for automotive purchases, is there a silver lining in the depreciation cloud?

News 7 Sep, 2015

Porsche has revealed full details of its new 2016 911 ahead of the facelifted car's Frankfurt Motor Show debut

Some of the news is just in today so, you may not have seen all of the stories yet but, after a slight rattling of investors' cages by the recent stock market shenanig..., er, 'correction' in China, this week we have seen automotive investment confidence in three key markets. From Mazda, in Russia, Daimler, in alliance with the Renault-Nissan Alliance, in Mexico and, Nissan again, right here in the UK, for Europe.

While Fiat Chrysler Automobiles CEO Sergio Marchionne isn't known for his patience, he's likely to wait until next year before making a bid for General Motors after months of talk about the potential of a deal.

Toyoda Gosei claims to be the first Japanese auto parts manufacturer to develop and mass produce a 'capless fuel filler', with which a vehicle can be refuelled by simply inserting the refuelling nozzle directly into a fuel tank without the need to remove or replace a cap. The newly developed product is also claimed to the smallest and lightest in the world.

Western European car sales jumped 9.6 percent in August, boosted by buoyant demand in Germany, the UK and southern Europe, data from analysts LMC Automotive showed.

SEAT says it is undertaking an ambitious plan to prioritise in-car connectivity across all of its models, including a three-in-one solution that enables Apple and Android compatibility.

Daimler and the Renault-Nissan Alliance have broken ground for their joint venture manufacturing complex COMPAS (Cooperation Manufacturing Plant Aguascalientes), in Aguascalientes in central Mexico. The factory will build premium compact vehicles for Mercedes-Benz and Infiniti.

Just two months after producing the one millionth TorqueFlite eight-speed automatic transmission, FCA US facilities in Indiana celebrated another milestone - production of the one millionth 948TE nine-speed 'box.

The Detroit 3 automakers are showing increased interest in the UAW's proposal that they pool their healthcare systems, a sign that contract talks between the union and manufacturers are down to the big money issues.

UAW negotiators said they will prevail in their contract talks with Ford as a deadline to strike a deal approaches.

Wabco says it has joined the Commercial Vehicle Safety Alliance (CVSA), the international not-for-profit organisation promoting safety and security for law enforcement, industry, and policy makers.

Continental's finance chief, Wolfgang Schaefer, called a China-related global stock slide an "overreaction" and said he still sees growth in the nation's auto industry next year.

Continental's finance chief, Wolfgang Schaefer, called last week's China-related global stock slide an "overreaction" and said he still sees growth in the nation's auto industry next year.

Mazda Motor Corporation and OJSC Sollers on Friday (4 September) announced that they had agreed with the government of the Russian Federation to begin assessing the establishment of an engine production plant at their joint venture Mazda Sollers Manufacturing Rus (MSMR), located in Vladivostok in the Primorsky region of Russia's Far Eastern Federal District, and had signed an memorandum of understanding to that effect.

News 4 Sep, 2015

German manufacturer gives its diesel performance SUV a power boost

Schaeffler says its electro-mechanical active roll control has entered volume production, replacing the previous standard hydraulic stabilisers, which minimise rolling motion of the vehicle body when going around curves or during evasive manoeuvres.

UK car sales jumped by nearly 10 percent in August as consumers took advantage of attractive financing deals that helped drive the 42nd consecutive month of sales increases.

UK car sales jumped by nearly 10 percent in August as consumers took advantage of attractive financing deals that helped drive the 42nd consecutive month of sales increases.