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Aug
6th

JAPAN: Pioneer’s net loss narrows to US$20.35m in Q1/FY2015

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Pioneer's net sales for the fiscal first quarter ended 30 June 2014 were up 3.73% to JPY113.33bn compared with JPY109.26bn in the fiscal first quarter ended 30 June 2013.
Aug
6th

INDIA: Honda shifting City to Tapukara plant

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Honda Cars India Limited (HCIL) has decided to shift the entire production of the redesigned City to its Tapukara plant in Rajasthan, in order to meet rising demand for all models.
Aug
6th

UK car market continued to grow in July

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Ford-Fiesta-front-action
News 6 Aug, 2014

July 2014 saw new car registrations in the UK increase for 29th consecutive month as Ford Fiesta once again tops the sales chart

Aug
6th

INDIA/FRANCE: Mahindra and Peugeot talk strategic alliance – report

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Mahindra & Mahindra and PSA Peugeot Citroën are in talks for a strategic alliance involving technology sourcing, mutual sharing of production capacity in France and India as well as "significant investments", The Economic Times said, citing industry sources.
Aug
6th

Fiat shares fall to yearly low on Chrysler merger concerns

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Shares in Fiat fell to their lowest level this year, with traders citing concerns that investors who voted against the carmaker's merger with Chrysler would exercise their right to sell the stock, potentially jeopardizing the tie-up.
Aug
6th

Fiat shares fall to yearly low on Chrysler merger concerns

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Shares in Fiat fell to their lowest level this year, with traders citing concerns that investors who voted against the carmaker's merger with Chrysler would exercise their right to sell the stock, potentially jeopardizing the tie-up.
Aug
6th

Marchionne blames ‘overreaction’ for share selloff threatening Fiat Chrysler merger

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Fiat CEO Sergio Marchionne blamed overblown press reports and a "lack of understanding" of the merger with Chrysler for a share selloff that threatens to blow the planned tie-up off course
Aug
6th

Marchionne blames ‘overreaction’ for selloff threatening merger

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Fiat Chrysler chief Sergio Marchionne today blamed overblown press reports and a "lack of understanding" of the merger with Chrysler for a share selloff that threatens to prevent the tie-up's completion.
Aug
6th

Strong UK car sales in July part of improving European trend

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New-car sales in the UK rose by 7 percent in July, as the country's credit-backed growth continued. The increase follows volume growth last month in Germany, Italy and Spain.
Aug
6th

Lane closures on major motorways every day in 2013

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Hard shoulders to be scrapped on some motorways
News 7 Aug, 2014

Majority of the most important UK motorways didn't run at full capacity for a single day last year

Aug
6th

RUSSIA: Market could fall 30% this year as confidence stalls: Ernst & Young

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Turmoil currently engulfing relations between Russia and the West is starting to feed through to domestic consumer confidence with some forecasts estimating the market could plummet by as much as 30% this year.
Aug
6th

THAILAND: Political unrest gives carmakers cause for concern

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Months of political unrest is threatening to drive some vehicle makers out of Thailand. The country's auto sector, the biggest in Southeast Asia, has already witnessed production and job cuts this year.
Aug
6th

SOUTH KOREA: Domestic sales rise 1.3% in July, imports up 21%

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Domestic vehicle sales in South Korea increased by 1.3% to 127,319 units in July, from 125,687 units in the same month of last year, according to sources within the country's automotive industry.
Aug
6th

TAIWAN: Sales up 22% in July

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New vehicle sales in Taiwan increased by over 22% to 45,143 units in July, from 36,931 units a year earlier, according to industry sources.
Aug
6th

Land Rover Discovery Sport testing – pictures

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Pictures See all 7 picturesLand Rover Discovery Sport prototype frontLand Rover Discovery Sport prototype banked testingLand Rover Discovery Sport prototype city testing profile 6 Aug, 2014
Aug
6th

New Land Rover Discovery Sport testing details

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Land Rover Discovery Sport prototype front
News 6 Aug, 2014

As the new Discovery Sport undergoes finals tests, Land Rover and Virgin Galactic reveal shared development approach

Aug
6th

Entrepreneur builds private toll road

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Road pricing motorway toll
News 6 Aug, 2014

Motorists charged £2 a time use unofficial toll road after closure of main road

Aug
6th

China says it will punish Audi, Chrysler for monopoly behavior

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China said it will punish Audi, Chrysler and 10 Japanese spare-parts makers for antitrust violations. The Chinese government is scrutinizing pricing practices as the country becomes an increasingly important profit source for foreign automakers.
Aug
6th

China says it will punish Audi, Chrysler for monopoly behavior

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China said it will punish Audi, Chrysler and 10 Japanese spare-parts makers for anti-trust violations. The Chinese government is scrutinizing pricing practices as the country becomes an increasingly important profit source for foreign automakers.
Aug
6th

Obama aides let Delphi avoid taxes with ‘inversion’ tactic now assailed

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President Obama says U.S. corporations that adopt foreign addresses to avoid taxes are unpatriotic. But the administration helped one $20 billion American company, Delphi Automotive, do just that.
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