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Aug
7th

DETROIT DEBUTS: 2016 Chevrolet Volt

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General Motors is the second OEM to announce a vehicle world premiere for the 2015 North American International Auto Show. Media preview days are 12 & 13 January.
Aug
7th

Norway’s wealth fund voted against Fiat-Chrysler merger

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Norway's sovereign wealth fund was the single largest shareholder to vote against Fiat's merger with Chrysler.
Aug
7th

China suspends work at hundreds of factories after deadly blast

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China has suspended work at more than 200 factories in an eastern province for safety checks as part of a nationwide review following an explosion at an auto parts plant that killed 75 people, government officials and state media said.
Aug
7th

AUSTRIA: Voestalpine unveils first quarter profit up 12% to EUR154m

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Voestalpine has posted first quarter profit up 12.2% to EUR 154 million (US$206m), although revenue fell 2.4% to EUR2.83bn (US$3.8bn).
Aug
7th

INDIA: Hindustan Motors posts net profit of US$2m

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For the quarter ended 31 March 2014, Hindustan Motors' net sales fell to INR917.2m (US$14.9m), from INR1.72bn in the same year-ago period. The company recorded a profit of INR124.4m, compared with a loss of INR11.6m in the same period of the previous fiscal year.
Aug
7th

INDIA: Apollo Tyres’ Q1 net profit rises 37%

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For the fiscal first quarter ended 30 June 2014, Apollo Tyres' net sales increased 1.4% to INR32.35bn (US$527m). Operating profit was up 13.4% to INR4.58bn, while net profit soared 37.3% to INR2.28bn.
Aug
7th

FRANCE: PSA denies M&M India partnership talks

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PSA Peugeot Citroen has denied media reports that it us in talks with Indian carmaker Mahindra and Mahindra with a view to sharing technology and production facilities.
Aug
7th

US: Ford looks to suppliers with 23 global launches

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Ford maintains it will look to its suppliers to differentiate products as the automaker starts what it says its most aggressive product launch year to date, with 23 launches globally, 16 of which are in North America alone.
Aug
7th

INDIA: Last minute factory switch hit Nano sales

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Delays, caused by the shift of factory from Singur in West Bengal to Sanand in Gujarat, badly affected sales of Tata's Nano budget car and its long term prospects.
Aug
7th

Audi sales rise 10% in July, boosted by A3 demand

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Audi's vehicle sales rose 10 percent to 144,000 in July, helped by strong demand for the A3 model range.
Aug
7th

CHINA: Tesla reaches agreement on trademark issue

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Tesla said it has resolved its trademark dispute in China which threatened company plans to expand rapidly in the country.
Aug
7th

Facelifted BMW 3 Series spied again

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BMW 3 Series 2015 facelift front
News 7 Aug, 2014

BMW continues work on 3 Series’ mid-life update, including minor styling tweaks, new engines and revised in-car tech

Aug
7th

Facelifted BMW 3 Series spied again – pictures

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Pictures See all 7 picturesBMW 3 Series 2015 facelift frontBMW 3 Series 2015 facelift front quarterBMW 3 Series 2015 facelift rear quarter 7 Aug, 2014
Aug
7th

UK: BMW’s Mini claims world first for car parking app

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BMW's Mini is claiming a world first - dashboard access to the JustPark service that enables drivers to reserve parking direct from the car.
Aug
7th

US: Chrysler boosts Q2 net profit 22%

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Chrysler Group said net income rose 22% to $619m in the second quarter of 2014 on sales up 14% to $20.5bn. Operating profit was also up by 22%, to $985m.
Aug
7th

RUSSIA: Investor risk profile altering “dramatically” as troops mass

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Russia's risk profile for overseas investors is changing "dramatically" as the war of words between Moscow and the West continues to escalate, making potential new auto suppliers twitchy about entering the market.
Aug
7th

Strong Chinese and U.S. demand lifts Mercedes’ July sales 11%

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Mercedes-Benz brand had its highest monthly sales to date in July, up 11 percent to 130,003 cars, boosted by strong demand for its compact cars and SUVs.
Aug
7th

Bugatti Legends: Veyron Ettore Bugatti revealed

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Bugatti Veyron Ettore Bugatti
News 7 Aug, 2014

The final installment of the Bugatti Legends series is the Veyron Ettore Bugatti – only three will be produced

Aug
7th

Bugatti Legends: Veyron Ettore Bugatti revealed – pictures

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Pictures See all 6 picturesBugatti Veyron Ettore BugattiBugatti Veyron Ettore Bugatti profileBugatti Veyron Ettore Bugatti front 7 Aug, 2014
Aug
7th

Skoda Yeti Monte Carlo price revealed

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Skoda Yeti Monte Carlo
News 7 Aug, 2014

Skoda reveals full price and specification details for new Yeti Monte Carlo, on sale now for £24,390

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