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Jan
31st

Toyota to suspend Japan output for 6 days as steel parts run low

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Toyota will suspend production at all assembly lines in Japan for six days this month due to a parts shortage, hitting exports of such cars as Lexus luxury vehicles. The shutdown comes after a Jan. 8 explosion at a steel factory in Japan.
Jan
31st

Renault sees strong China potential despite late arrival

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Renault ssees plenty of growth in Chinese vehicle demand, the automaker said as it prepared to cut the ribbon on its first plant in the world's biggest auto market, where demand has slowed over the past year.
Jan
31st

Porsche aims to offer hybrids across model range, CEO tells paper

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Porsche aims to offer hybrid versions of all its models with a plug-in hybrid of the 911 sports car due to on sale in 2018, CEO Oliver Blume told a German newspaper.
Jan
31st

Porsche has no plans to go down self-driving route, CEO tells paper

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Porsche does not plan to develop self-driving vehicles because its customers like to drive their cars themselves, CEO Oliver Blume told a German newspaper. He also said Porsche aims to offer hybrid versions of all its models including the 911.
Jan
31st

Porsche has no plans to go down self-driving route

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Porsche does not plan to develop self-driving vehicles because its customers like to drive their cars themselves, CEO Oliver Blume told a German newspaper. He also said Porsche aims to offer hybrid versions of all its models including the 911.
Jan
31st

No path to profits: Why Ford exited 2 key Asian markets

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Frustrated by paltry sales, Ford pulled the plug on its businesses in Japan and Indonesia. In both cases, it couldn't crack a Japan Inc. stranglehold: Japanese brands hold more than 90 percent market share in both nations.
Jan
31st

How Opel, Ford will make Europe a reliable profit source after years of struggle

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Ford and General Motors' European units have both suffered tough times in recent years but 2016 looks likely to be different. GM Europe is set to break even, while Ford of Europe expects to become the money-making machine it was from 2004 until 2011.
Jan
31st

How GM saved itself from Flint water crisis

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Thanks to its fortuitous location and some heads-up planning, GM was able to sidestep a crisis that has befallen everyone else in the city where it was born more than a century ago.
Jan
30th

Fiat 500L used by Pope Francis in U.S. fetches $82,000 at auction

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A tiny black Fiat 500L that carried Pope Francis through Philadelphia during his historic first visit to the U.S. was sold for $82,000 at a Friday auction.
Jan
30th

VW halts production at Passat, gearbox plants in Germany

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Volkswagen halted production at a German factory that builds Passats and at its main gearbox plant as the automaker grapples with reduced demand and technical problems.
Jan
30th

Saab name won’t be revived under Chinese owners

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Saab AB, the Swedish aerospace company that owns the Saab brand, will not allow its name or logo to be used on future models produced by National Electric Vehicle Sweden.
Jan
30th

Hyundai soft-pedals slogan on Super Bowl stage

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Hyundai, which shook up its U.S. marketing operation in a push for a clearer brand identity, plans to use the Super Bowl to launch a yearlong marketing campaign with a new motto of its own: 'We Make Things Better.
Jan
30th

Cheap gas hits hybrid, EV residuals

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Beware! Falling gasoline prices are hitting the residual values of used hybrids, electrics and plug-ins - hard. The influx of used small cars set to return to the market is just going to make matters worse.
Jan
29th

Toyota, crimped by steel shortage, may suspend Japan output

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Toyota is considering idling its domestic car manufacturing plants for at least a week from Feb. 8 due to a steel shortage following an explosion at its group firm Aichi Steel this month, TV broadcaster TBS News reported late Friday.
Jan
29th

New York port operations resume after brief work stoppage

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Operations at New York and New Jersey's cargo terminals, one of the largest transfer points for new-vehicle shipments in the U.S., were being restored late Friday after more than a thousand longshoremen walked off the job earlier in the day.
Jan
29th

DeLorean to make comeback after Congress nixes red tape

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The DeLorean Motor Co. of Humble, Texas, plans to start production of a souped-up version of the super-cool gull-wing icon from the three-decade-old Back to the Future franchise, and it's all thanks to an act of Congress.
Jan
29th

ZF TRW new Global Electronics HQ in Farmington

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ZF TRW has established a new headquarters for its Global Electronics business in the Arboretum Office Park, Farmington Hills, Michigan.
Jan
29th

Europe sales up 9.3% in 2015 as VW leads

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In 2015 the European car market totalled 14.2m new registrations, an increase of 9.3% over 2014 full year results; the highest since 2009. The market benefited from the last two months of double-digit growth with December setting the highest positive monthly change of the last three years at 1.16m units. Therefore, the last quarter volume increase was the highest of the year, standing at 10.2% more than in Q4 2014, representing 3.42m cars sold in total. The Seasonally Adjusted Annual Rate, SAAR, came in at 16.52m units.
Jan
29th

Campbell-Ewald CEO Palmer terminated by parent company

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Jim Palmer is out as CEO of Campbell Ewald, the Detroit ad agency known for its longtime ties to General Motors. The agency's parent company said today it terminated Palmer, effective immediately.
Jan
29th

Autoliv predicts 5% growth in 2016, but market wanted more amid Takata recalls

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Swedish car safety products supplier Autoliv predicted sales growth of 5 percent this year, but analysts expected more because of potential new business Autoliv could win amid the Takata airbag crisis.
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