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Oct
23rd

Audi recalls 102,000 A4 cars in U.S. over airbag glitch

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Audi is recalling nearly 102,000 A4 sedans in the United States to fix a software glitch that may prevent front airbags from deploying in a crash.
Oct
23rd

Mammoth Mercedes S600 Pullman limo spied

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News 24 Oct, 2014

Spy shots of the huge six-door Mercedes S600 Pullman have emerged and there's even an armoured version expected

Oct
23rd

Range Rover ‘Ultimate’: £150k flagship spied

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Range Rover Ultimate spy shot front
News 23 Oct, 2014

Stretched Rangie with four tailpipes hints a flagship version is on the way, marrying supercharged power with ultimate luxury

Oct
23rd

Range Rover ‘Ultimate’: £150k flagship spied – pictures

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Oct
23rd

EU will allow car emissions into carbon trading market

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The European Union will make it easier to bring road transport emissions into the carbon trading market, a move critics say could empower carmakers to push back against more effective curbs on greenhouse gases.
Oct
23rd

US: GM still books $1.4bn Q3 net profit after $300m flood and Russia hit

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General Motors has announced third quarter net income took a US$300m hit from "special items" but net profit for the recall-troubled quarter was still $1.4bn, or $0.81 a share - double the result for Q3 2013.
Oct
23rd

GM posts higher Q3 net income but Europe loss widens

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General Motors' third-quarter net income rose to $1.38 billion, as stronger pricing in North America and record China sales helped to offset weak demand in Russia and a bigger loss in Europe.
Oct
23rd

GM operating profits fall 14% in Q3 on flat revenue

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GM's record transaction prices in North America and booming sales in China weren't enough to offset weakness in just about every other region, as the company's third-quarter operating profit fell 14 percent.
Oct
23rd

BELGIUM: DuPont to fight EC coolant objections “every step of the way”

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Dupont says it will 'fight every step of the way' against European Commission (EC) moves that say it may have breached European Union (EU) anti-trust rules along with fellow-chemical producer, Honeywell
Oct
23rd

Nissan expands Takata airbag recall by 260,000 units worldwide

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Nissan expanded a global recall of cars using Takata-made airbags, which have been linked to four deaths in Honda cars. The recalls included the March model, called Micra in Europe, and the Cube.
Oct
23rd

Honda, after 5th Fit recall, appoints first quality czar; top execs take pay cut

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Honda, announcing its fifth Fit recall in just 12 months, has taken the unprecedented step of appointing its first quality czar to clamp down on the carmaker's problems.
Oct
23rd

Honda, after 5th Fit recall, appoints first quality czar; top execs take pay cut

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In an unprecedented move, Honda, announcing its fifth Fit recall in 12 months, appointed a quality czar to clamp down on problems. Senior executives will also take pay cuts for three months to take responsibility for the recall-plagued car.
Oct
23rd

Lotus names Carr as new design chief

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Lotus's design boss, Donato Coco, a former styling chief at Ferrari, will leave the UK sports car maker. Coco, one of a number of star hirings made by former CEO Dany Bahar, will be replaced by the carmaker's current design manager, Russell Carr.
Oct
23rd

GERMANY: Mercedes seeks new NAFTA Sprinter assembly plant

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Mercedes-Benz plans to assemble its next generation Sprinter commercial van in North America.
Oct
23rd

GERMANY: Daimler boosts Q3 profit after record sales

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Daimler said it booked strong growth in earnings and record unit sales and revenue in the third quarter of 2014. The group boosted Q3 unit sales 7% year on year to 637,400 cars and commercial vehicles worldwide as Mercedes-Benz Cars set a quarterly record.
Oct
23rd

SWEDEN: Russian tension will not escalate: chief economist

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A leading Swedish economist says he does not believe simmering tensions surrounding Russia's influence in Eastern Ukraine will escalate into anything more serious.
Oct
23rd

Hyundai’s third-quarter profit falls 29% on firmer currency, sluggish sales

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Hyundai posted a 29 percent decline in third-quarter net profit, the steepest drop in at least six quarters. The automaker was hit by slowing sales growth and a stronger local currency but expects earnings to bounce back in the fourth quarter.
Oct
23rd

Marchionne invests more of his own money in Fiat Chrysler

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Sergio Marchionne, CEO of Fiat Chrysler Automobiles, bought an additional 335,745 ordinary shares in the group at 7.727 euros apiece, giving him a total of 6.8 million shares in the newly merged carmaker.
Oct
23rd

JAPAN: Honda recalls Fit hybrid a fifth time, execs take pay cut

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Honda Motor is recalling its redesigned Fit [Jazz] hybrid for the fifth time in less than a year in Japan, issuing a recall of 425,825 cars on Thursday (23 October) due to two defects.
Oct
23rd

Surprise as Mercedes sells off Tesla stake

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Tesla Model S - front tracking
News 23 Oct, 2014

Mercedes parent company Daimler has sold its stake in Tesla Motors for £485 million profit, surprising investors

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