Features
3 Aug, 2016
We head to Japan to hear how Infiniti believes it's finally ready to become a serious player in the global premium market
SsangYong Motor has generated a profit for the first half of CY2016, the first time the formerly bankrupt but now Mahindra-controlled automaker has been in black ink for nine years.
Renault Argentina is to spend US$100m in preparing its Santa Isabel plant in Córdoba for the addition of an unnamed new model. This is in addition to the US$100m announced in March 2015 for the production of Renault Sandero, Sandero Stepway and Logan models at the plant.
GM is "quite bullish" about the recovering auto market in China and is responding to a shift in growth toward utilitarian models in smaller cities, a segment often ignored by foreign automakers, said China chief Matt Tsien.
Tesla will buy solar panel installer SolarCity Corp. for $2.6 billion in shares to form a one-stop clean-energy shop. The combined entity will offer consumers solar panels, home battery storage systems and electric cars under a single brand.
Delphi has been selected by the Singapore Land Transport Authority (LTA) as a partner to implement autonomous mobility concepts.
Official statistics for the overall market are not yet available but India's leader in the passenger car segment, Maruti Suzuki (MSIL), says its sales hit a record level in July. The Indian-Japanese OEM has also announced its long awaited entry to India's light commercial sector, and just-auto has future models news.
US Acting Assistant Secretary for the Office of Energy Efficiency and Renewable Energy, David Friedman has signed an MOU between the Department of Energy (DoE) and the American Public Power Association (APPA), to collaborate on efforts to electrify personal and fleet transportation in public power communities.
Daimler led the biggest funding round yet in Blacklane, a Berlin-based competitor to Uber that plans to expand in Asia and the Middle East.
AGC Automotive Europe has reached a basic agreement with Induver Holding, a glass manufacturer in Morocco, to set up a joint venture for manufacturing automotive glass destined both for Europe and for North African markets.
Porsche SE, the main shareholder of Volkswagen Group, said first-half profit plunged 41 percent, reflecting lower earnings at VW. Porsche SE is the holding company for the Porsche and Piech families.
Mercedes-Benz is to set up a second plant at its Hungarian site in Kecskemét to produce front- and rear-wheel-drive cars, creating around 2,500 new jobs.
French car sales fell 9.6 percent in July on fewer selling days with PSA and VW Group suffering steep declines. Seven-month registrations are up 6 percent and a recovery in sales is forecast in the second half.
It's still early, but Lexus officials are encouraged by the response they've gotten to a pilot program that calls on dealers to offer transparent, no-haggle pricing and a single point of contact for customers.
Automotive News has made several changes to its advertising and marketing teams.
In the wake of the VW diesel emissions scandal, it has become clear that other automakers in Europe make liberal use of officially sanctioned devices that spew nearly as many toxins as VW's.
The latest issue of the Automotive News Europe monthly e-magazine is ready to view. This month's edition looks at why automakers such as Audi, Mercedes and Volvo are re-thinking their automation plans.
When Fiat Chrysler CEO Sergio Marchionne laid out his latest five-year plan in 2014, he admitted the strategy relied on 'near-perfect execution.' But the 27 months since then haven't been anywhere close to perfect.
At last, Volvo is joining other luxury automakers in building vehicles in the United States.