Auto News 5

News 15 Dec, 2015

Vauxhall is now the second UK car company to commit to real-world emissions testing on its model range

Exeter Finance CEO Thomas Anderson has resigned to 'pursue other interests,' the company said. Mark Floyd, the subprime specialist lender's former CEO, will serve as interim CEO.

Mark Floyd, former chief executive of subprime lender Exeter Finance, will take over on an interim basis from Thomas Anderson.

News 16 Dec, 2015

Hyundai teases Toyota Prius-rivalling Ioniq: the first car to come with electric, hybrid and plug-in powertrains

U.S.

Fiat Brazil's drip-feed of details and images of its upcoming Toro pickup truck continues with the release of an 'official' rear view.

Prosecutors in Stuttgart said they are investigating whether Robert Bosch employees helped Volkswagen AG rig software to cheat on emissions tests.

Subaru today was named Kelley Blue Book's best brand for projected resale value for the 2016 model year, while Lexus won the same award for luxury brands.

Toyota's redesigned Prius goes into production this month with the automaker saying the petrol-hybrid model line had boosted Japanese car production by around 14% year on year.

News 15 Dec, 2015

Multi-million dollar Ferrari 290 MM was previously driven by Juan Manuel Fangio and sold at RM Sotheby's in New York

News 15 Dec, 2015

New Mercedes naming structure spells the end for the SLK as facelift ushers in the era of the Mercedes SLC roadster

Volkswagen France will start recalling 940,000 diesel cars in February. Owners would receive three letters detailing the process, newspaper reports said.

Fiat Chrysler could bring the Alfa Romeo brand back to Formula One as a competitor to Ferrari, CEO Sergio Marchionne said.

The outlook for the global auto market is "not bright" next year, Hyundai Motor Group Chairman Chung Mong-koo said today, indicating 2016 will be another challenging year for the world's fifth-largest automaker.

After settling a dispute with the French government over the balance of power in their automaking partnership, Renault and Nissan Motor will boost integration without moving toward a full merger at this point, alliance chief Carlos Ghosn said.

Data released by ACEA shows that the EU passenger car market surged by 13.7% to 1,085,259 units in November, the 27th consecutive month of growth. In the cumulative 11 months car sales are up 8.7% to 12.6m units.

Volkswagen says it has no intention of divesting any of its subsidiary brands as the fallout from the diesel emissions scandal continues to reverberate, with the automaker labelling the situation akin to the 'Bermuda Triangle."

German authorities will retest the emissions of Volkswagen Group diesel vehicles after the company has installed fixes in cars caught up in a cheating scandal, a German daily reported.

New vehicle sales in Japan fell by 6.6% to 388,817 units in November, from 416,153 units a year earlier, according to the Japan Automobile Manufacturers Association (JAMA).