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Mar
13th

Lincoln’s bet on China SUV underscores growth potential

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With the future of Ford's lagging luxury line riding on China, the automaker will expand its bet on the market by building a new Lincoln SUV in the country in late 2019.
Mar
13th

Security experts shrug off CIA memo

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A CIA memo dated Oct. 23, 2014, briefly indicated the agency was considering exploring how to hack into cars remotely. The revelation resulted in a lot of panicky headlines, but security experts have shrugged it off.
Mar
13th

Technology in Motion to mark Detroit as mobility hub

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A three-day, late-summer summit will tout southeast Michigan as a center of advanced automotive technology.
Mar
13th

GM isn’t done pruning

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After pulling the trigger on a sale of its European operations, General Motors signaled that it's willing to cut off more vestigial corners of its business in a drive to improve its profit margins and stock price.
Mar
10th

JLR starts on new R&D centre

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Tata Motors' Jaguar Land Rover Automotive has started construction of a GBP200m redevelopment of its design and engineering centre at Gaydon in Warwickshire, England.
Mar
10th

Toyota and Suzuki discuss joint India plans

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As Tata Motors and Volkswagen confirmed they would discuss development cooperation in India, it emerged Toyota and Suzuki have discussed joint plans with a top Indian politician.
Mar
10th

Philippines sales rise in February

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New vehicle sales in the Philippines rose by 7.5% to 27,040 units in February, from 25,150 units in the same month of last year, according to data released jointly by the Chamber of Automotive Manufacturers of the Philippines (CAMPI) and the Truck Manufacturers Association (TMA).
Mar
10th

VW and Tata confirm ‘strategic alliance’ MoU

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Volkswagen and Jaguar Land Rover owner Tata Motors have confirmed they signed a memorandum of understanding (MoU) to eye cooperation opportunities.
Mar
10th

Gestamp records 2016 net profit up 37% to EUR221m

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Gestamp has posted 2016 net profit before tax up 37% to EUR221m (US$234m), with revenue of EUR7.5bn, a 7.3% increase, although without the foreign exchange impact the increase would have been 12.3%.
Mar
10th

THE WEEK – PSA, GM Europe, Geneva

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Yes, of course, Geneva this week, with lots of shiny new metal to get the consumer media all a-Twitter (other social media platforms are available), but the big story, looking all but inevitable a week ago, was the first-thing-Monday announcement PSA would acquire GM Europe's Opel/Vauxhall operations. Or, as some pundits put it, GM (with some large pension liability support) will pay PSA to take it away.
Mar
10th

New JLR Brazil chief awaits revised local content rules

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Eight months after opening its Brazilian assembly plant in Itatiaia, 174km/110 miles northwest of Rio de Janeiro City, Tata Motors' luxury vehicle unit Jaguar Land Rover's South American outpost has a new executive president for Brazil and Latin America: Frédéric Drouin.
Mar
10th

PSA teams with BNP Paribas for Opel/Vauxhall financing

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PSA Group and BNP Paribas have announced a long-term partnership in automotive finance as the French automaker looks to take over the joint acquisition of Opel/Vauxhall's financing activities.
Mar
10th

Mitsui, SK to build new car seat plant in India

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Japan's Mitsui Chemicals announced plans to build a new plant in India to produce polyurethane seat covers for the country's automotive industry in partnership with South Korea's SK Chemicals.
Mar
10th

PPG lays out case for Akzo Nobel combination

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PPG says there is a "strong strategic rationale" for the proposed transaction between PPG and AkzoNobel.
Mar
10th

PSA Group launches Free2Move Lease

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PSA Group has launched Free2Move Lease, a business unit dedicated to multi-make, full service leasing.
Mar
10th

Inrix selects ten US cities for HAV deployment

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Inrix says it has identified two key findings derived from the hundreds of millions of data points collected concerning population movement, congestion and parking in urban areas across the US.
Mar
10th

Skoda will lead VW, Tata cooperation in India

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VW Group and Tata signed an agreement to explore a partnership in India. Tata and VW's Skoda unit will work together on studies for developing mobility services, vehicle components and models.
Mar
10th

Toyo Tire to focus on core automotive operations

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Toyo Tire & Rubber plans to sell of its diversified non-automotive businesses to focus exclusively on its mainstay tyre business, according to reports in Japan.
Mar
10th

South Korea import sales rise 3.5% in February (no VWs)

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Sales of imported cars in South Korea increased by 3.5% to 16,212 units in February, from 15,671 units a year earlier, according to data released by the Korea Automobile Importers and Distributors Association (KAIDA).
Mar
10th

DS 7 will be PSA’s tech flagship

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With the DS 7 Crossback SUV, PSA Group's upscale brand faces a big challenge to win sales from the German brands the French automaker is targeting. However DS executives say the new model's significance goes beyond sales figures.
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