Auto News 5

The analysts at IHS forecast that growth of the global light vehicle market will slow in 2015, weighed down by weaker sales in many emerging markets and Europe. Nevertheless, IHS forecasts that the market will grow to 88.6m units, an increase of 2.4% over 2014.

Chinese-owned auto supplier Nexteer Automotive, the former Delphi steering unit, is moving its headquarters to suburban Detroit as it seeks to grow its brand recognition.

The number of eligible claims for deaths and injuries linked to the defective GM ignition switch that led to the recall of 2.6 million older cars should rise, an official responsible for administering the victim compensation fund said today.

News 3 Feb, 2015

Set to debut at Geneva Motor Show, the Ferrari 488 GTB will replace the 458 and features a turbocharged V8 engine

Punishing foreign exchange rates have torpedoed plans to add a Korea-built midsize sedan to Mitsubishi's U.S. lineup.

China's SAIC Motor Corporation is in advanced stages of planning an investment in a new vehicle assembly plant in Indonesia, according to local reports.

Following the unveiling of Ford's Q4 and full-year 2014 financial results and, more importantly, its outlook for 2015, an obvious question is whether financial performance is poised to rev up in the same way as some of the new performance products recently shown in Detroit. Colin Whitbread considers the financial issues ahead for Ford.

Pirelli says there is no performance drop-off sometimes seen by using winter tyres in hot conditions, with its new Cinturato All Season product.

South Korea posted its first ever auto parts trade surplus with Japan last year, as Japanese automakers diversified component sourcing away from their affiliated 'keiretsu' suppliers.

News 2 Feb, 2015

Kia has announced it will unveil the updated Picanto range at the Geneva Show in March, ahead of release soon after

Sales of Suzuki's Celerio model - launched to local media only in the last two weeks - have been suspended in the UK and Republic of Ireland after two test vehicles suffered total brake failure during combined tests by Autocar and What Car? magazines.

News 2 Feb, 2015

Sales of Suzuki’s new city car have been put on hold following potential high-speed brake failure

Global automotive sales for 2015 could hit 88.6 million vehicles, a 2.4 percent increase from 2014 that would continue a five-year growth streak, IHS Automotive said today.

BMW and Bosch said they would join German train operator Deutsche Bahn in two claims for about 2.1 billion euros ($2.4 billion) in damages from air freight carriers that were involved in a cartel.

New-car sales in Spain rose 28 percent in January, the 17th consecutive month of growth. Car registrations have been boosted by a government subsidy program that helps consumers scrap old models for new vehicles.

News 2 Feb, 2015

Volkswagen adds flagship R-Line trim to Golf hatch, priced from £24,190 with deliveries in March

The US Transportation Secretary Anthony Foxx and automakers over the weekend announced a recall of over 2.12m cars to (again) repair airbags that might activate unintentionally.

Ford's Chief Financial Officer Bob Shanks expects that Russia will continue to weigh on the automaker this year as the country's economy slumps and Japanese rivals aggressively cut prices helped by the weak yen.

Pirelli says its new Cinturato All Season product is a response to burgeoning consumer demand for year-round capability requiring no change of tyre.

News 2 Feb, 2015

Front-engined, front-wheel drive Le Mans racer revealed in advert during Superbowl, ready for April race debut