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Nov
3rd

Italian sales rise nearly 10% in October on strong business demand

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Italian new-car registrations rose 9.8 percent in October as strong demand from business buyers exceeded the drop of sales to private customers.
Nov
3rd

Strong business demand boosts Italian sales

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Italian new-car registrations rose 9.8 percent in October as strong demand from business buyers exceeded the drop of sales to private customers.
Nov
3rd

AAM and MPG to merge

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American Axle & Manufacturing and Metaldyne Performance Group have entered into a definitive merger agreement under which AAM will acquire MPG for approximately US$1.6bn in cash and stock plus the assumption of $1.7bn in net debt.
Nov
3rd

Mazda slashes profit forecast

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Mazda Motor has lowered its full-year profit forecast to reflect the impact of the stronger yen.
Nov
3rd

American Axle to buy Metaldyne for $3.3 billion

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American Axle and Manufacturing agreed to acquire Metaldyne Performance Group for $3.3 billion in cash, stock and debt.
Nov
3rd

Renault-Nissan’s Ghosn eyes $8,000 EV for China

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Renault-Nissan's low-cost electric-car program aims to sell an EV in China for about $8,000, CEO Carlos Ghosn said.
Nov
3rd

Alleged Musk impersonator asks to toss &’goofy&’ e-mail suit

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A former oil services firm executive accused by Tesla of impersonating Elon Musk in an e-mail says the carmaker's lawsuit should be thrown out because his message was too 'goofy' to be believed.
Nov
3rd

South Korean domestic sales fall 13% in October

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Domestic sales by South Korea's five main automakers declined 13.3% year on year to 126,660 units in October, from 146,106 units in the same month of last year, according to preliminary data released individually by the country's vehicle manufacturers.
Nov
3rd

UK’s Brexit subsidies for automakers could top wage bills

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Compensating carmakers in the UK for any post-Brexit tariffs on exports to Europe could see the government subsidize the companies more money than they need to pay the salaries of all their British workers, Reuters says.
Nov
3rd

Brexit subsidies for automakers could top $1.24 billion

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The British government could be faced with a $1.24 billion annual bill to compensate automakers exporting to the EU from the UK for any post-Brexit tariffs, a Reuters analysis shows.
Nov
3rd

Business economics not Brexit driver – SMMT chief

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Britain's Society of Motor Manufacturers and Traders (SMMT) says the UK's decision to leave the European Union (EU) was driven by worries surrounding immigration and national control, rather than pure economics.
Nov
3rd

BMW adds personal mobility assistant to Mini Connected

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BMW has launched a new generation Mini Connected app which now includes a personal mobility assistant which can help with journey planning and traffic alerts on the driver's Apple iPhone. Android-based smartphone compatibility is in development.
Nov
3rd

VW confirms Friday board meeting to discuss overhaul

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Volkswagen Group's supervisory board will meet on Friday to discuss restructuring of the automaker, the premier of the German state of Lower Saxony, VW's second-biggest shareholder, confirmed today.
Nov
3rd

Subaru Indiana plant rolls off first American made Impreza

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Fuji Heavy Industries (FHI) has started production of the redesigned 2017 Subaru Impreza in its US plant, Subaru of Indiana Automotive (SIA).
Nov
3rd

A slow month gets slower for US sales

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On Wednesday (2 November), Ford belatedly reported its October results. Adding more red ink to Tuesday's totals, the automaker'ssales were down 11.9% as a good month for Lincoln was dragged down by a bad month for the Ford brand.
Nov
3rd

Bold MINI Countryman coupe SUV on the way

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MINI Countryman Coupe - front (watermarked)
News 3 Nov, 2016

Design boss admits MINI Paceman could return as five-door MINI Countryman coupe-SUV

Nov
3rd

Toyota, VW and Bosch lead Google in self-driving technology patents

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Based on the headlines you might think that Google single-handedly created the self-driving car, but when it comes to patents it is no match for Toyota, VW and Bosch when it comes to autonomous driving patents.
Nov
2nd

Tower Q3 profits rise on higher N.A. contracts

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Tower International posted third-quarter net income of $18.2 million, a 12 percent year-over-year gain driven by new business in North America. Revenue rose 3.4 percent in the quarter to $457 million.
Nov
2nd

Automakers are responsible for Takata airbag recalls, NHTSA chief says

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Automakers have "ultimate responsibility" for the costs of replacing potentially deadly Takata airbags, no matter what happens to the Japanese supplier, the nation's top vehicle safety regulator said.
Nov
2nd

VW board to discuss brand overhaul on Friday, report says

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Volkswagen's supervisory board will hold an extraordinary meeting on Friday to consult on a wide-ranging restructuring of the carmaker, two supervisory board sources told Reuters on Wednesday.
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