Auto News 5

News 27 Oct, 2015

Using technology and four-wheel steering from its electric Pikes Peak racer, Honda is evaluating 250-mile range all-electric sports car

News 26 Oct, 2015

Las Vegas gets even louder as Ford head to the SEMA trade show, showcasing a number of tuned and customised Mustangs

Audi says it plans to keep hiring and affirmed a jobs guarantee through 2018, even as parent Volkswagen Group is rocked by a scandal over rigged emissions tests.

Bridgestone agreed to buy the Pep Boys retail chain for about $835 million, pushing deeper into an auto-parts industry that has benefited from Americans keeping their cars on the road longer.

VW Group has appointed an ex-Opel executive as Head of Group Strategy. Dr. Thomas Sedran, 51, will take up the post with effect from November 1 and will report to the CEO, Matthias Müller.

PSA Peugeot Citroen has posted third quarter group revenue of EUR12.4bn, up 3.2% year-on-year. However, it also posted overall vehicle sales down 4.6%.

Volkswagen said it is collecting Takata airbags from its vehicles for testing and told the U.S. regulator that getting replacement parts would take more than a year if recalls are expanded.

VW named former Opel CEO Thomas Sedran as head of strategy. Sedran is a highly experienced restructuring strategist who devised the latest turnaround plan for GM's money losing European operations.

Volkswagen has hired Thomas Sedran, former head of GM's Opel division, to run group strategy. Sedran is the second prominent recruit to join the embattled carmaker during its diesel-emissions crisis.

News 26 Oct, 2015

Fifth-generation Land Rover Discovery is on the way & will take on Volvo XC90 and Audi Q7

News 26 Oct, 2015

Concept car to be unveiled at Tokyo Motor Show previews Mercedes’ driverless future and hydrogen powertrain tech

Britain's Road Haulage Association (RHA) is warning supply chain disruption is still widespread as the migrant crisis at the Port of Calais is now seeing a reported 7,000 refugees attempting to cross the English Channel.

VW CEO Matthias Mueller will update German Chancellor Angela Merkel on the carmaker's internal emissions probe during a trip to China, a source said. VW's China deliveries accounted for over a third of the automaker's global sales last year.

Media reports in Germany suggest that Volkswagen is considering offering discounts on new cars for some owners of vehicles affected by the diesel emissions scandal and recall.

Autoliv's net sales for the third quarter of 2015 was down 1.1% to SEK2.18bn (US$256.35m) compared with SEK2.20bn in the same period year ago.

Lear's net sales for the third quarter ended 26 September 2015 was up 2.31% to US$4.33bn compared with $4.23bn in the same period in 2015.

The EU's industrial policy chief, Elzbieta Bienkowska, faces a clash with EU governments this week over tougher car-emissions testing. EU countries including Germany oppose the way Bienkowska plans to implement a new inspection regime.

Samsung SDI has held the completion ceremony for its electric vehicle battery plant at Xi'ian in Shaanxi Province, China with the US$600m investment targeting US$1bn in sales by 2020.

Toyota has announced that it sold 7.498m vehicles in the year so far to the end of September, just ahead of the 7.43m figure that VW has reported.

PSA/Peugeot-Citroen posted a 3.2 percent increase in third-quarter revenue as a 6.1 percent jump in European demand helped offset a 17 percent sales slide in Asia.