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Mar
31st

Aston Martin plans debt refinancing as it revamps product range

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Aston Martin is testing whether investors think its financial prospects are as polished as its brand. The automaker needs to refinance almost $600 million in debt as it revamps its product range.
Mar
31st

Lifan assembly plant in Uruguay to resume output

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Lifan's CKD plant in Uruguay will resume engine manufacturing and vehicle assembly in the next few weeks.
Mar
31st

Sumitomo buys stake in Indian auto steel maker

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Sumitomo Corporation has agreed to acquire a 49% stake in Indian automotive specialty steel maker Mukand Alloy Steels and thus increase its exposure to the country's growing automotive industry.
Mar
31st

Audi to acquire Silvercar

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Audi plans to acquire Silvercar by expanding its minority share to 100%.
Mar
31st

Mitsubishi building new engine plant in China

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GAC Mitsubishi Motors this week started building a new engine plant in Changsha in the central Chinese province of Hunan, according to local reports.
Mar
31st

Chery to open second China EV plant in May, report says

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Chery will launch production at its second electric vehicle plant in China in May to significantly expand its EV output, according to a local media report. The factory's first two models will be Chery's eQ and eQ1 minicars.
Mar
31st

Tesla-style over-the-air software upgrades for new BMW cars

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BMW Vision Next 100 front quarter
News 31 Mar, 2017

Digital after-sales revolution promised by BMW boss with online updates to car software adding new features.

Mar
31st

VW may take time to change culture after diesel scandal, exec says

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Creating a new era of accountability at Volkswagen Group after the automaker's emissions scandal may take time because it requires radical changes, said the company's human resources chief, Karlheinz Blessing.
Mar
31st

Tesla firmware 8.1 update introduces hidden sketchpad

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Tesla Model S EV badge
News 31 Mar, 2017

Not an early April Fools' - latest Tesla over-the-air update features an Easter egg to turn motorists into Monet

Mar
31st

Renault counts on SUVs to maintain sales growth

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Renault is counting on SUVs to maintain sales momentum in Europe, Thierry Koskas, the group's sales and marketing boss, said. Last year, Renault became Europe's No. 2 brand by sales.
Mar
31st

ANE’s April issue goes live Monday

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The latest issue of the Automotive News Europe monthly magazine goes live on Monday, April 3. The new edition looks at the next steps PSA will need to take to make its purchase of Opel and Vauxhall a success.
Mar
30th

Cost of GM-mandated digital signage disputed

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The price tag for complying with a new GM digital-signage mandate might not be as high as thought, at least for smaller dealerships.
Mar
30th

Jeep, despite fleet cuts, sees flat to higher U.S. sales in 2017

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Jeep chief Mike Manley said Thursday that despite a deliberate reduction in fleet sales by the brand, full-year 2017 U.S. sales should still be up or on pace with last year's tally.
Mar
30th

Wells Fargo names Schupbach to head dealer services

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Wells Fargo named Laura Schupbach, leader of the company's insurance business, to be the bank's head of dealer services. She succeeds Dawn Martin Harp, who will retire April 1.
Mar
30th

Jeep’s next Wrangler to look like current off-roader, fan site says

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The next-generation Jeep Wrangler, due out this fall, will be new from the wheels up, but if images posted on a Jeep fan forum this week are accurate, the 2018 model looks like little more than a face-lift.
Mar
30th

Welburn, Roush head 2017 Automotive Hall of Fame class

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The Automotive Hall of Fame will grow by four members in 2017 and include a former head of design at General Motors and stock-car racing's most successful team owner.
Mar
30th

Discounts to drive U.S. sales to best March since 2000, analysts say

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U.S. new-vehicle sales are on pace for the strongest March since 2000, with fast-rising incentives expected to help the industry post its first year-over-year increase of 2017.
Mar
30th

Jaguar Classic E-Type Reborn programme launched – pictures

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Mar
30th

Audi plans to buy car rental app in Silicon Valley challenge

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Audi plans to buy a U.S. startup that rents out A4 cars in a bid to boost digital revenue as the industry shifts away from outright car ownership.
Mar
30th

Jaguar steps back in time with E-Type Reborn initiative

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Jaguar Classic E-Type Reborn front
News 31 Mar, 2017

The first of a batch of 10 restored Jaguar E-Types will make its debut at the Techno-Classica show in April

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