General Motors has told dealers to stop delivery of about 6,300 2015 Chevrolet Traverse, GMC Acadia and Buick Enclave crossovers because of a pending recall to replace tires that are prone to cracking.
Cadillac plans to ask about 700 of its dealerships to invest in small "boutique" stores that would offer "high technology showrooms" and a higher level of service than they offer today.
BorgWarner says it is providing its front cross differential (FXD) technology for the new Seat Leon Cupra.
Audi's continuing success has come with a stream of new products but is a TT family a step too far?
Cooper-Standard Holdings, the parent company of Cooper-Standard Automotive, says it will restructure its European manufacturing footprint based on current and anticipated market demands.
News
22 Jan, 2015
Toyota Mirai hydrogen fuel-cell car secures 1,500 orders in first month in Japan, production to be tripled in 2016
Toyota Motor is setting up a new business division called Mekong Region Virtual Company to help drive sales growth in Indochina, including Vietnam, Laos, Cambodia and Myanmar.
Parker Hannifin says it has elected company veterans Thomas Williams as CEO and Lee Banks as president and COO, each effective 1 February.
Continental Intelligent Transportation Systems has announced that effective January, Satish Khatu, former IBM general manager, global industrial sector, Helmut Matschi, member of the Continental executive board and head of the interior division, and Samir Salman, CEO NAFTA Continental automotive divisions, will be appointed as members of its new advisory board.
Hyundai Motor has said its net profit fell 15% last year to 7.65 trillion won (around USD7bn), a result that disappointed analysts.
PSA/Peugeot-Citroen said it will continue development of its Hybrid Air technology to reduce fuel use, despite reports in the French press that the project almost certainly will not see commercialization.
AVIC, China's biggest aerospace company, is among bidders pursuing an acquisition of US auto supplier Henniges Automotive Holdings, people with knowledge of the matter told Bloomberg. AVIC could pay $1 billion for the acquisition, Bloomberg reported.
Bosch, BMW Group, and Vattenfal are to work together on a project to recycle used electric vehicle batteries for energy storage use that it is claimed can help to keep the power grid stable.
Nokian Heavy Tyres is introducing the new Nokian NTR 52 steer axle tyre for trucks and buses for medium and long distance use
Kia needs to set up a factory in India to tap growth in the fast-growing market and offset slowing sales in Russia and China, a Korean newspaper reported the automaker's CEO as saying. India may become the world's No. 3 auto market by next year.
News
22 Jan, 2015
Survey: cash-strapped drivers are cutting back on vital repairs and maintenance needed to make their cars safe to drive
Linglong Tire has inked a deal with its material supplier SI Group (Shanghai), a subsidiary of US-based chemical intermediates manufacturer SI Group.
Hyundai's fourth-quarter profit fell 19 percent after the weaker yen and ruble eroded overseas earnings. A weaker yen gave rivals including Toyota a competitive edge in the U.S., while a plunge in the ruble lowered the value of earnings in Russia.
The UK auto industry trade association, the Society of Motor Manufacturers and Traders (SMMT) says it has "flown the flag for the UK automotive sector with a parliamentary reception in Brussels."
New vehicle sales in Thailand declined by 17.4% to 108,688 units in December from 108,688 units in the same month of the previous year, according to the Federation of Thai Industries (FTI)
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