Auto News 5

Thai-listed parts maker Fortune Parts Industry Plc (FPI) has entered into a joint venture agreement to build an aftermarket parts plant in India with the local ALP Group.

Japanese failures in the United States are rare, but there have been a few. And with the death of Scion, announced today, Toyopet no longer stands alone as Toyota's only failed brand.

Leading South Korean carmakers Hyundai Motor and Kia Motors said their combined sales in China fell by over 22% year on year to 122,486 units in January, according to preliminary data released by the companies.

Toyota-affiliated supplier Denso today lowered its full-year net profit forecast by almost 5 percent, saying it expects the yen to strengthen slightly against the U.S. dollar.

Audi is back in the Super Bowl with an R8 spot that reaches for the moon. The 60-second first-quarter ad, "The Commander," centers on a retired astronaut who "rediscovers his lust for life" with the help of the R8 V-10-plus supercar.

Takata is preparing to present a restructuring plan to automakers in early May that will include an agreement on the sharing of recall costs, people familiar with the matter told Bloomberg.

Features 3 Feb, 2016

We’ve published thousands of spy shots over the years, but now, with Nissan’s help, we see what it takes to cover up models for the road

News 3 Feb, 2016

Renault debuts racy and rugged concept version of Kwid city car for Indian Auto Expo

More and more Porsche, Bentley and Rolls-Royce cars are appearing on Russian roads as wealthy buyers take advantage of a weak ruble that means luxury cars are considerably cheaper in Russia than in the U.S.

Kia Motors plans to launch its first sports sedan next year, people familiar with the matter told Reuters, seeking to burnish a sporty, younger image as larger sibling Hyundai Motor builds up its premium offerings.

Toyota is pulling the plug on Scion, the funky upstart brand it launched in 2002 to appeal to the finicky younger buyers it was struggling to connect with on its own.

Profit, profit, almost everywhere, except Europe and South America, pretty much sums up General Motors fourth quarter and 2015 financial results out today. Although it continued to reduce losses in the fourth quarter, GM failed to match arch-rival Ford which, finally, booked a pre-tax profit in the region last year and, ominously, announced more cuts just today. Like Ford, GM also booked a loss in basket-case South America but nonetheless booked a record profit across the board for 2015.

Automakers won their fight for a diluted EU plan for testing NOx emissions of cars under real-driving conditions.

GM posted pretax operating profit of $10.8 billion for 2015 -- including $2.8 billion in the fourth quarter -- as executives sought to reassure skeptical investors that there is plenty of profit potential remaining in the key U.S. and China markets.

Opinion 3 Feb, 2016

Bosses say the British car industry needs more apprentices, despite a career in the business being rewarding and fun, says Steve Fowler

GM said it plans to build and sell its first compact sedan in India in 2017, entering the country's fastest-growing passenger car segment as part of efforts to double market share by the end of the decade.

Toyota has confirmed reports from earlier today that, after nearly 13 years, it will drop its Scion brand in the US market and 'transition to Toyota'.