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Feb
5th

Renault-Nissan reports record EV sales in 2015 despite drop in Leaf demand

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Renault-Nissan said global sales of battery-powered vehicles rose 2.5 percent to a record 84,754 last year even though there was a slowdown in demand for the Nissan Leaf, the world's best-selling electric vehicle.
Feb
5th

ZF TRW secures Electronic Park Brake India contract

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ZF TRW says through its joint venture, Brakes India, it has won the first business award for its Electric Park Brake (EPB) system in the country.
Feb
5th

Toyota profits rise as vehicle sales slow

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Despite a quarter million slide in vehicle unit sales, Toyota Motor Corporation profits rose in the nine-month period ended 31 December, 2015.
Feb
5th

PSA plans to cut 850 jobs at French factory, report says

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PSA/Peugeot-Citroen plans to cut the night shift and 850 jobs at its Poissy factory near Paris to adapt to lower output levels as production of the Citroen C3 is moved to Slovakia next year, Reuters reported.
Feb
5th

Toyota quarterly net income rises 4.7% to $5.4 billion

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Toyota posted a 4.7 percent gain in quarterly net income and raised its full-year profit forecast slightly due to strong demand in the U.S.
Feb
5th

Toyota posts lower-than-expected Q3 profit on higher expenses

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Toyota raised its full-year income forecast slightly due to strong demand in the U.S., while posting a lower-than-expected operating profit for the third quarter due to an increase in expenses.
Feb
5th

Volvo bets on wagons despite SUV onslaught with V90

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Volvo will show its commitment to station wagons, whose sales are being hit by the global boom in SUVs, when it unveils its new V90 later this month.
Feb
5th

Western European car sales rise 6% on Spain, Italy rebound

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Western European car sales rose nearly 6 percent in January as the southern markets of Spain and Italy continued to lead demand with double-digit growth.
Feb
5th

VW launches ad campaign without ‘Das Auto’ slogan

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Volkswagen is launching an advertising campaign in Europe this month that will also roll out globally aimed at winning back trust and sales lost through its diesel emissions-cheating scandal.
Feb
5th

VW drops ‘Das Auto’ slogan as it seeks to win back trust

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Volkswagen is launching an advertising campaign in Europe this month that will also roll out globally aimed at winning back trust and sales lost through its diesel emissions-cheating scandal.
Feb
5th

Auto sector ends 2015 on a high

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The European auto industry ended last year with strong gains in shareholder value across the board at automakers, suppliers and retailers, according to the latest Automotive News Europe/PricewaterhouseCoopers Transaction Services Shareholder...
Feb
5th

Western European car sales rise 6% as Spain, Italy rebound continues

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Western European car sales rose nearly 6 percent in January as the southern markets of Spain and Italy continued to lead demand with double-digit growth.
Feb
5th

Volvo bets on wagons with V90 despite SUV boom

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Volvo will show its commitment to station wagons, whose sales are being hit by the global boom in SUVs, when it unveils its new V90 later this month.
Feb
4th

Obama seeks $10-a-barrel oil tax for self-driving cars, transport outlays

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President Obama will propose a $10 per barrel tax on oil in his fiscal 2017 budget to finance self driving cars, public transit, railroads and other transportation improvements, the White House said.
Feb
4th

Brazil wants to lift Mexico, Argentina trade caps as auto crisis deepens

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Brazil's trade minister called for unrestricted auto trade with Mexico and Argentina on Thursday, after data showed the automotive industry had its worst January in a dozen years.
Feb
4th

Fiat Chrysler preps 2 Super Bowl ads

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Fiat Chrysler Automobiles will air two spots during Super Bowl 50 on Sunday. The first ad will air after Coldplay's halftime performance. The second ad will air during the first commercial break in the fourth quarter, FCA revealed today.
Feb
4th

Bentley preps fastback Bentayga

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Bentley is hatching plans to introduce a sportier, coupelike version of the Bentayga, the brand's first SUV.
Feb
4th

GM worker dies at Ohio plant; U.S. investigating

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Federal authorities are investigating the death of a General Motors worker at its Defiance, Ohio, casting operations plant this week.
Feb
4th

Delphi Q4 net income slides 44% in ‘challenging global marketplace’

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Automotive electronics and technology supplier Delphi Automotive's fourth-quarter net income fell 44 percent from the year-earlier period to $192 million despite revenue and other measures that topped expectations.
Feb
4th

VW, seeking approval on emissions fix, replaces top U.S. lawyer

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Volkswagen AG replaced the head of its U.S. legal department with an outside lawyer as it seeks approval to fix nearly 600,000 vehicles that had software allowing them to cheat on emission levels.
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