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Jun
5th

Ferrari IPO delayed until after Oct. 12

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A planned initial public offering of luxury sports car maker Ferrari will not happen before Oct. 12, its owner Fiat Chrysler Automobiles said, adding the delay was due to tax issues.
Jun
5th

JAPAN: Toyota may boost exports

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Toyota may boost exports from Japan for the first time in three years to meet its global sales target because it is facing capacity restraints in North America.
Jun
5th

U.S. pledges closer scrutiny of automakers following GM safety crisis

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Automakers and suppliers can expect tougher data requests and more frequent audits from the National Highway Traffic Safety Administration, the agency said today as it outlined a plan to prevent safety lapses similar to General Motors' ignition...
Jun
5th

JAPAN: Takata promotes quality executive to board

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A troubled air bag maker has named its top quality executive to its board to give him more authority.
Jun
5th

“The 20-year warranty is available in the US, and it could be bound for the UK”

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Opinion 5 Jun, 2015

On a recent trip, Mike Rutherford visited a Miami auto mall to find a 20-year warranty on offer. Could it be coming to the UK?

Jun
5th

Marchionne fights industry’s history of failed mergers

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As he presses rivals to merge with Fiat Chrysler Automobiles, Sergio Marchionne faces a fact his counterparts at General Motors and Ford know all too well: auto mergers and alliances fail at least as often as they succeed.
Jun
5th

Dow CEO being probed by SEC for allegations of misspending, report says

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The U.S. Securities and Exchange Commission is investigating allegations that Dow Chemical CEO Andrew Liveris misused company funds for personal benefit, people familiar with the matter told Reuters.
Jun
5th

Fuel theft in Cornwall no longer our concern, say police

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Petrol price 'could fall below £1 per lite'
News 5 Jun, 2015

Thanks to budget cuts, police in Devon and Cornwall will no longer look into drivers leaving forecourts without paying

Jun
5th

You can now buy a McLaren 570S for £995 per month

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McLaren 570S - front static
News 5 Jun, 2015

McLaren is offering financial services for the first time, with a payment plan available for all of its models

Jun
5th

COMMENT: Bosch takes societal bull by horns

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For all the chatter surrounding the brave new world of autonomous driving, there is one supplier at least which is broadening the debate beyond the physics and the chemistry.
Jun
5th

Texas floods may yield 10,000 damaged vehicles

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As many as 10,000 vehicles may have been damaged in last month's catastrophic Texas floods, and some could be resold out of state to unsuspecting buyers, according to a group that works to prevent insurance fraud.
Jun
5th

More than half of Brits drive ‘easily walkable’ distances

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Walking to the bus
News 5 Jun, 2015

A new survey has shown that 54 per cent of people in the UK don't bother to walk short distances

Jun
5th

Could TVR turn to 4-cylinder engines?

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TVR logo
News 5 Jun, 2015

We speak to TVR boss on possibility of 4-cylinder engines, new four-model range and why they have to be British-built

Jun
5th

Could you live with LPG? We find out

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Autogas Ford Focus LPG feature
Features 6 Jun, 2015

Liquefied petroleum gas has fallen from favour, but at 63p per litre, it sounds tempting. We tried the forgotten fuel out on our commute

Jun
5th

Could you live with LPG? We find out – pictures

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Jun
5th

THE WEEK THAT WAS: Air bag recall still confusing

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Big News this week was the incredible confirmation - from NHTSA - of a 5.1m recall of Honda/Acura cars with airbags with Takata inflators. It had been flagged up earlier by the automaker but then came the report that neither supplier or US regulator are quite sure of the safety of up to 3m replacement parts.
Jun
5th

CHINA: Geely domestic sales increase 25% in May

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Geely Automobile said May sales in China rose 25% year on year to 38,395 units though exports plunged 34% to 4,164 cars.
Jun
5th

US: Navistar slows losses in fiscal Q2

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Navistar's sales for the second quarter of fiscal 2015 were down 1.93% to US$2.69bn compared with $2.74bn in the same period a year ago. Loss from continuing operations narrowed to $64m compared to $298m. Net loss was $64m versus $297m.
Jun
5th

UK: Johnson Matthey full year operating profit rises

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Johnson Matthey's revenue for the fiscal year ended 31 March 2015 was down 9.82% year on year to GBP10.05bn compared with GBP11.15bn in the same period a year ago.
Jun
5th

Ford’s China sales rise 4% in May

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Ford and its Chinese joint ventures sold 91,013 vehicles in China in May, up 4 percent from a year earlier, the company said today.
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