Auto News 5

Tesla Motors has applied for a Michigan dealership license, a move the automaker said is intended to test a state law effectively banning the electric-vehicle maker's direct-sales model.

Sales generated under a holiday promotion to sell GM vehicles to Costco members were 34 percent higher than the previous year, and over half of those sales were to people who switched from other brands, Costco said today.

BorgWarner is being punished by Wall Street. So far, though, CEO James Verrier isn't worried. The powertrain supplier has witnessed its share price plummet nearly 47 percent over 12 months.

CarMax CEO Tom Folliard will retire by the end of the year, the used-car retailer said today. He will be succeeded by Bill Nash, the executive vice president of human resources.

Analysis by JD Power and LMC Automotive suggests that the month of January was a strong one for US vehicle retail sales, despite adverse weather in some parts of the country.   

When Federal-Mogul this month scrapped its plan to split in two, it raised eyebrows because it came right after its largest shareholder agreed to acquire the auto parts chain Pep Boys-Manny Moe and Jack.

Tata Motors' Jaguar Land Rover is taking part in a research project that, it claims, will help future autonomous vehicles drive naturally like human drivers, rather than like robots.

Toyota is halting production at all car assembly plants in Japan from 8 to 13 February due to a steel shortage following an explosion at a steel plant of one of its affiliates.

Carlos Ghosn, chairman and chief executive officer of Groupe Renault, and Zhu Yanfeng, chairman of Dongfeng Group, have opened the new Dongfeng Renault Automotive Company (DRAC) joint venture assembly plant in Wuhan, Hubei Province.

French new-car registrations increased 3.5 percent in January, as Volkswagen Group appeared to shrug off the scandal over its diesel test-rigging with sales rising 12 percent, outpacing Renault and PSA/Peugeot-Citroen.

French new-car registrations increased 3.5 percent in January, as Volkswagen Group appeared to shrug off the scandal over its diesel test-rigging with sales rising 12 percent, outpacing Renault and PSA/Peugeot-Citroen.

A surge in cars and SUVs coming out of leases have analysts predicting pressure on prices of both used and new models, curbing investor enthusiasm over sales records projected for this year.

Hyundai's sales fell for the first time in six months in January, dragged down by demand in emerging markets including China, Brazil and Russia.

UK Road Haulage Association (RHA) claims the area around Calais is becoming a "war zone" as it warns drivers not to stop within 100 miles of the key northern France port.

FCA Latin America has just opened its second development centre in Brazil in Recife, capital of the north-eastern state of Pernambuco, 70km/44miles from the group's newest manufacturing plant in Goiana, where Jeep and Fiat products are made.

News 1 Feb, 2016

Chelsea Truck Company and Kahn Design launch dramatic Defender final edition as Land Rover ends production

Last summer saw the official launch of Yanfeng Automotive Interiors (YFAI), a joint venture between Yanfeng Automotive Trim Systems Co Ltd and Johnson Controls. YFAI has sales revenues of some $8.5 billion, an order backlog of $10 billion and expectations to gain further market share in China and other Asian markets. Its product portfolio includes instrument panels and cockpit systems, door panels, floor consoles and overhead consoles. Matthew Beecham caught up with Han Hendriks, Vice President Advanced Product Development & Sales at YFAI to learn more about the company's growth prospects.

Thermal management company, Modine, says it has assumed a controlling share of a joint venture in China with privately-held Jiangsu Puxin Heat Exchange System after all closing conditions were completed.

Lear has unveiled fourth quarter sales of US$4.7bn, up 4% from a year ago, with core operating earnings of US$359m, an increase of 28%.