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Nov
2nd

Delphi Q3 profits hit by restructuring costs, debt retirement

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Delphi Automotive reported a 27 percent decline in third-quarter net income as restructuring costs and debt refinancing offset revenue gains.
Nov
2nd

Vauxhall Corsa fires recall: 2,767 UK cars at risk

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Vauxhall Corsa 2011 - front
News 2 Nov, 2016

The Vauxhall Corsa recall affects 1.4-litre petrol versions, but is a separate issue to previous Zafira fires

Nov
2nd

Former Ford Europe chief dies at 59

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Former Ford of Europe and Maserati chief Martin Leach has died from cancer at the age of 59.
Nov
2nd

FORD: Declines across the Ford lineup; gains at Lincoln

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Ford Motor Co.'s U.S. sales fell 12 percent in October, as every car and SUV in the Ford brand's lineup declined. It was the fourth consecutive year-over-year decline in Ford's monthly sales and its largest since August 2010.
Nov
2nd

Spanish sales rise 4% but private demand drops as subsidies end

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Spanish new-car sales rose 4 percent in October but sales to private buyers dropped by 2.4 percent after a program offering discounts for owners to swap their old cars for new ones ended
Nov
2nd

Fleet-wide fuel economy resumes its climb

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After a brief stall, the auto industry saw fleet-wide fuel economy improve last year despite continued growth in light-truck sales, according to new data released today by the EPA.
Nov
2nd

Fleetwide fuel economy resumes its climb

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After a brief stall, the auto industry saw fleetwide fuel economy improve last year despite continued growth in light-truck sales, according to new data released today by the EPA.
Nov
2nd

Martin Leach, former head of Maserati, Ford of Europe, dies at 59

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Martin Leach, a former Ford executive who led its European unit and also ran Maserati before taking a top position at electric carmaker NextEV, has died. He was 59.
Nov
2nd

China eases German automakers’ fears on EV quotas

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China has promised that German automakers will not be discriminated against in the electric-car market as the country readies plans to set quotas for EVs.
Nov
2nd

Goodyear expands China tyre factory

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The Goodyear tyre & Rubber Company has broken ground on a US$485m expansion of its tyre factory in Pulandian, Dalian, China.
Nov
2nd

Delphi Q3 revenue and profits rise

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Delphi Automotive reported third quarter 2016 net profit of $1.07 per share or $1.50 excluding special items.
Nov
2nd

South Korea fines MHI and Denso for price fixing

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South Korean anti-trust authorities have fined two Japanese automotive parts manufacturers for colluding to fix prices, according to local reports.
Nov
2nd

UK could reach 2m units despite Brexit “shock” – analyst

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An automotive analyst says there is a "great deal" to be positive about the current state of the UK car industry, which could yet reach 2m units, but cautions Britain may still need access to tariff free trading conditions.
Nov
2nd

VW quits world rally in cost-cutting move

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Volkswagen said it will pull out of the world rally championship at the end of the season in 2017 as part of a strategic shift to help overcome its emissions scandal.
Nov
2nd

Tesla’s Musk blasts ‘naysayers,’ expects SolarCity boost in 3 years

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Tesla CEO Elon Musk took his skeptics to task, giving more detail on potential benefits of the automaker's pending SolarCity acquisition and saying the deal's doubters have a history of making bad predictions.
Nov
2nd

Mazda says Toyota tie-up could yield electric, connected cars

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Toyota and Mazda have discussed electric vehicles and connected cars as part of at least 10 potential areas for cooperation, the latest indication Japan's automakers will join forces to cope with technological trends shaking up their industry.
Nov
2nd

A first look at October’s US light vehicle sales

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A fire at Ford's world headquarters in Dearborn on Monday prevented the No. 2 US automaker from releasing its October results. This means the full monthly recap of light vehicle sales will come later this week.
Nov
2nd

KKR said to drop from bidding for Takata

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KKR and Co. has dropped out of the bidding for Takata Corp. as the troubled airbag maker seeks to finalize a shortlist of suitors by mid-November, according to people familiar with the matter.
Nov
2nd

German car sales fell 5% in October on fewer selling days, report says

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German new-car sales fell by about 5 percent in October because there were two fewer selling days, Reuters reported. Adjusted for selling days, registrations rose by 5 percent.
Nov
2nd

German car sales fell 6% in October as Peugeot, Toyota gain ground on VW

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German new-car sales fell by 5.6 percent in October as Peugeot, Toyota and Renault all gained ground on VW brand.
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