Auto News 5

Next week at the New York auto show, Hyundai plans to show a concept car that provides the clearest picture yet of the styling direction for the company's new Genesis brand of luxury vehicles.

The amount of aluminum in European cars is expected to rise considerably by the end of the decade as automakers look to meet tougher EU CO2 targets in 2021.

Mahle is expanding its ties with Ferrari in Formula 1 with a long-term partnership agreement that includes the development and supply of crucial engine components.

National Electric Vehicle Sweden AB (Nevs) and State Grid Electric Vehicle Service have signed a strategic cooperation framework agreement.

Honda has announced that its new Performance Manufacturing Centre (PMC) in Marysville, Ohio will begin series production of the next-generation Honda NSX supercar in late April 2016. Deliveries for European customers are due to start in autumn 2016.

News 17 Mar, 2016

London tops the list for the most expensive parking spots in the country, with prices soaring above UK average house prices

In 2015, Skoda set new records both in terms of global vehicle sales and financial results. Deliveries increased 1.8% to 1,055,500 vehicles (2014: 1,037,200). The brand also achieved record sales revenue, up 6.2% to a new high of EUR12.5bn(US$14bn) (EUR11.8bn). Operating profit rose 12% to EUR915m (EUR817m). The automaker is planning further growth in 2016.

Pirelli said its 2015 operating performance was in line with targets after it booked revenue growth of 4.8% year on year to EUR6,309.6m (US$7078m), above the 2015 target of "over EUR6.25bn" thanks to the "great" improvement in the price/mix component (+7.1% compared to a target of "equal to or above" 5.5%) as a consequence of price increases, greater replacement sales and more diverse geographic and product mixes.

Ford Sollers says it has seen consistent improvement in the Russian supplier sector, but adds the industry cannot rely on Moscow alone to help it through the current challenging period.

Volkswagen Group Rus says the market may stabilise this year and is looking to up its involvement with domestic suppliers as the industry continues to face huge challenges.

Russian suppliers are urging Moscow to consider equally the component sector in terms of State subsidies on offer.

Pirelli Russia says it has not had to make any redundancies despite the country reeling from a slump in the automotive sector, which has seen more than a year of severe sales drops.

AvtoVAZ says it aims to sell 50,000 cars to export markets this year as the automaker looks to make up some of the ground on a hugely challenging domestic situation in Russia.

News 17 Mar, 2016

Arthur Daley's Daimler Sovereign and Terry McCann's Ford Capri set to be auctioned off next month, for record prices

Features 17 Mar, 2016

Unique British Motor Museum celebrates our heritage, and we get a behind-the-scenes peek at the amazing collection of cars on display

News 17 Mar, 2016

Updates for Toyota GT 86 sports car add extra style and suspension tweaks but powertrain is unchanged

News 17 Mar, 2016

Total motoring offences have dropped by more than a half in a decade, but a new report says this is down to fewer police officers

Porsche workers will be paid a bonus of up to 8,911 euros ($9,881) each, up from 8,600 euros a year earlier, despite the emissions scandal at parent Volkswagen that has sparked cost reductions.

New vehicle sales in Thailand fell further in February, by 10.7% to 57,090 units from 63,948 units a year earlier, according to data released by the Federation of Thai Industries (FTI).