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Feb
24th

SEOUL DEBUTS: Kia K5 added

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The Seoul motor show, which alternates in odd numbered with Busan as South Korea's national motor show, takes places in early April. Here follows the latest list of vehicle and concept world premieres.
Feb
24th

GKN sees more growth this year after 2014 profits rise 4%

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UK supplier GKN reported a 4 percent rise in annual profit last year and said it expected to grow again in 2015, helped by the continued strong demand for car parts.
Feb
24th

JAPAN: Kyotokyukou takes five BYD pure electric buses

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Kyotokyukou Bus has taken delivery of five long-range battery electric buses from BYD.
Feb
24th

Germany’s IG Metall union accepts 3% wage rise in Daimler, Porsche’s heartland

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Germany's biggest trade union, IG Metall, accepted a 3 percent wage increase for the country's southwest region, home to carmakers Daimler and Porsche. The union had called for a 5.5 percent increase.
Feb
24th

US: AAM posts Q4 sales up 13% to US$940m

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AAM has reported fourth quarter 2014 sales of US$939.5m, up around 13% on a year-over-year basis, while net income was US$13.2m.
Feb
24th

Ford plays matchmaker with Mustang

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Ford invites guys to go on a blind date.
Feb
23rd

ADESA bows out of multiple platform auction sales

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After investing nearly two years and 'several million dollars' to help create online auction selling across multiple platforms, ADESA is bowing out, said Peter Kelly, president of ADESA's corporate sibling in charge of digital services.
Feb
23rd

EPA tweaks fuel economy test to improve accuracy of mpg labels

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The EPA today issued updated procedures for a critical part of fuel economy testing that some automakers have struggled with in the last two years.
Feb
23rd

American Axle Q4, full-year revenues jump on non-GM business

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American Axle reported leaps in revenue for the fourth quarter and the year. The powertrain components supplier had lower net income for the quarter but growth for the year.
Feb
23rd

VW Eos output will end on declining cabrio demand

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VW plans to stop making its Eos cabriolet in the middle of the year as customer tastes shift away from convertibles in general and retractable hardtops like the Eos in particular.
Feb
23rd

Mazda, DeLorean leader Dick Brown dies at 81

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Dick Brown, who led Mazda Motor of America at its inception and helped form DeLorean Motor, died last month in La Quinta, Calif. He was 81.
Feb
23rd

Nissan Sway concept teases new Micra supermini

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Nissan Sway
News 24 Feb, 2015

The next Nissan Micra is set to come out of the shadows - in concept form - at the Geneva show

Feb
23rd

GM gets 33 more claims for faulty ignition-switch compensation

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GM received another 33 claims for compensation for ignition switch defects in its cars in the past week, bringing the total to 4,345, according to the administrator of the company's compensation program.
Feb
23rd

Last Bugatti Veyron sold after 10 years in production

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Bugatti Veyron Grand Sport Vitesse front tracking
News 23 Feb, 2015

Last example of 450-strong Veyron production sells after a decade, with successor due in 2016

Feb
23rd

CHINA: Wanxiang to relaunch rebranded Fisker Karma in 2016

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Wanxiang Group will delay the relaunch of the Fisker Karma hybrid sports car until mid-2016, according to local reports.
Feb
23rd

China’s Wanxiang to rebrand Fisker as Elux, report says

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Chinese auto parts maker Wanxiang Group will push back its planned relaunch of the defunct Fisker Karma hybrid sports car until mid-2016 and rebrand Fisker Automotive as Elux, two sources familiar with the plan told Reuters on Sunday.
Feb
23rd

Bugatti sells last Veyron, ending era for VW supercar

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Volkswagen Group sold the 450th and final Bugatti Veyron, marking the end of one of the most exclusive supercars ever built. The 450 Veyrons were sold for an average price of about 2.3 million euros ($2.6 million) each.
Feb
23rd

US: UQM to take over fuel cell business from Roush Performance Products

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UQM Technologies says it will expand directly into the fuel cell sector by taking over the fuel cell compressor module business from Roush Performance Products.
Feb
23rd

INDIA: Skoda plans to expand product line from 2017

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Skoda plans to eventually increase its product offerings in India from 2017.
Feb
23rd

INDIA: Volvo eyes contract car assembly – sources

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Volvo is in discussions with General Motors (GM) India, Hindustan Motors (HM) and Mahindra & Mahindra to see if it can use the manufacturing facilities of one of these companies to assemble some of its models in India, industry sources said.
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