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Feb
4th

US: Connecticut selects Allison hybrid-equipped buses for new transit system

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Connecticut has selected Allison hybrid-equipped buses for the State's new bus-only expressway system, CTfastrak.
Feb
4th

US: New jobs mean new wage deal for some at Ford

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Ford said it would add 1,550 new jobs across its Kansas City assembly, Dearborn stamping, Dearborn diversified and Sterling axle factories in the first quarter of 2015 due to demand for the redesigned F-150 truck. It will also move some workers off the lower of two wage tiers agreed with the UAW union in the last bargaining round.
Feb
4th

Mazda profits dinged by lower-margin models, higher taxes

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A higher tax bill and a sales mix of richer in lower-margin models undercut profits at Mazda in the October-December quarter, despite rising global volume.
Feb
4th

US: Lear reacts swiftly to Marcato letter

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Lear Corporation has responded to a letter from investor Marcato Capital Management in which, according to media reports, the financier suggests the supplier be split in two.
Feb
4th

Ford intensifies self-driving research in Europe

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Ford announced research collaborations in Germany and the UK to look at future mobility and autonomous driving solutions.
Feb
4th

2015 Cholmondeley Pageant of Power revs up

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Lamborghini Countach Cholmondeley
News 4 Feb, 2015

Tickets go on sale for celebration of motorsport and speed starting on 12th June, with new 1,000bhp+ track class

Feb
4th

Volvo sales rise 2% in January for 19th month of growth

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Volvo said vehicle sales rose 2 percent in January, marking the 19th consecutive month of growth. Deliveries were up in western Europe, China and the United States.
Feb
4th

US: Best January since 2001 for light vehicle sales

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Late month winter storms couldn't stop US light vehicles sales. Automakers enjoyed the highest January sales volume since 2001, delivering more than 1.15m new cars and light trucks.
Feb
4th

FRANCE: Renault-Nissan Alliance sales up to record in 2014

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The Renault-Nissan Alliance sold a record 8,470,610 vehicles in 2014 boosted by higher sales in the US and Western Europe.
Feb
4th

BMW will use Indian suppliers for some local parts

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BMW's India unit said it will partner with seven domestic suppliers to source components for local production of cars at its Chennai plant in southern India.
Feb
4th

JAPAN: Weaker yen gives Toyota a profit lift

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Toyota has raised its operating profit guidance for the current fiscal year due to a boost in the value of the company's overseas business provided by the weaker yen. The improved outlook comes in spite of weak demand conditions inside Japan.
Feb
4th

US: Mercedes-Benz announces details of new corporate headquarters in Atlanta

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Mercedes-Benz USA (MBUSA) has announced the permanent and interim locations for its new corporate headquarters in Atlanta.
Feb
4th

CHINA: Qoros appoints Phil Murtaugh as CEO

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Qoros Automotive has announced the appointment of Phil Murtaugh as Chief Executive Officer, effective immediately.
Feb
4th

Toyota’s quarterly operating profit rises 27% on U.S. sales surge

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Booming North America powered Toyota to a 27 percent operating profit increase in the October-December quarter even as sales shrank in every other major market.
Feb
4th

Toyota’s quarterly operating profit rises 27% on U.S. sales gains

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Booming North America powered Toyota to a 27 percent operating profit increase in the October-December quarter even as sales shrank in every other major market.
Feb
4th

JLR execs met Georgia gov. on U.S. plant, report says

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Jaguar Land Rover executives met Georgia Governor Nathan Deal last month to discuss opening a factory in his state, a U.S. newspaper reported.
Feb
4th

Subaru parent earnings lifted by U.S. growth

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The maker of Subaru vehicles reported a 50 percent surge in quarterly operating profit as booming U.S. vehicle sales and advantageous exchange rates lifted earnings. Operating income climbed to 124.5 billion yen ($1.
Feb
4th

Ford’s new 1,550 workers for F-150 output pushes 300-500 to top-tier wages

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Ford is adding 1,550 hourly employees in the first quarter to increase output of its aluminum-bodied F-150 pickup. The hires will cause between 300 and 500 UAW members earning Tier 2 hourly wages of $19.
Feb
4th

Audi exec takes aim at fully autonomous driving

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Audi plans to start offering advanced self-driving features in its cars by the end of next year, with fully autonomous vehicles expected to be ready for serial production within 10 years, Ulrich Hackenberg, the automaker's technology boss, said.
Feb
3rd

Toyota ordered to pay $11 million in trial over fatal crash

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A jury on Tuesday ordered Toyota to pay nearly $11 million after finding that an accelerator defect in a 1996 Camry was at fault for a 2006 fatal car crash in Minnesota.
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