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Daily automotive news - from
Updated: 25 min 1 sec ago

US: Cadillac adding wireless phone charging this autumn

5 hours 45 min ago
Cadillac will add wireless charging of smartphones in the 2015 model ATS sport sedan and coupe launching this autumn. Compatible with Powermat and other in-phone wireless charging technologies, the feature eliminates the need for cords on board.

SOUTH KOREA: GM pay deal averts strike

5 hours 56 min ago
General Motors Korea has reached a tentative pay deal with its labour union, reportedly averting a potential strike.

GERMANY: Hella 'planning IPO'

7 hours 5 min ago
In another sign of a pick-up in supplier activity, family-owned Hella Hueck is reported to be planning an initial public offering later this year.

US: Nissan recalls 226,326 vehicles for airbag inflator check

9 hours 55 min ago
Nissan has added another 226,326 vehicles to an airbag recall in the US, taking the total to 664,628.

INDIA: Tata Motors to set up car assembly plant in Venezuela

10 hours 12 min ago
With an aim to penetrate the South American market, Tata Motors reportedly plans to build a passenger car assembly plant in Venezuela.

US: NHTSA probes into Dodge Chargers, Hyundai Sonatas and Isuzu trucks

10 hours 12 min ago
Following several complaints of defects, the National Highway Traffic Safety Administration (NHTSA) is probing Dodge Chargers, Hyundai Sonatas and Isuzu trucks.

INDIA: Maruti increases production of Celerio automated manual to meet demand

10 hours 16 min ago
A new automated manual option for one of its models has proved a hit for Maruti Suzuki.

US: GM to expand and spend US$37.5m at Lansing Delta

10 hours 21 min ago
General Motors plans to expand and spend US$37.5m at its Lansing Delta Township (LDT) plant.

UK: Jaguar Land Rover buys British classic cars collection

10 hours 45 min ago
Jaguar Land Rover has purchased the largest privately owned collection of British cars.

JAPAN: Nissan boosts Q1 operating profit 13.4%

10 hours 48 min ago
Nissan Motor boosted operating profit 13.4% to JPY122.6bn for the first quarter of the 2014/15 fiscal year, a 5% margin on net revenues that climbed 10.4% to JPY2.47 trillion for the period.

INDIA: Protest rally planned over jailed Maruti Suzuki workers

11 hours 6 min ago
Maruti's Gurgaon labour union has taken up the cause of for workers arrested two years ago during unrest at the company's Manesar plant which resulted in the death of a senior manager.

NORWAY: Kongsberg wins EUR108m shift cable contract

11 hours 29 min ago
Kongsberg Automotive's Driveline business area has won what it described as "a significant supply agreement from a major North American OEM to supply automatic transmission shift cables".

SOUTH KOREA: Hyundai Mobis to build lighting plant in Czech Republic

13 hours 5 min ago
South Korea's Hyundai Mobis plans to spend EUR95m on a new car lighting factory in Ostrava in the Czech Republic.

FRANCE: Valeo's net income up 38% to US$352.76m in H1/2014

July 25, 2014 - 14:05
Valeo's sales for the first half of 2014 were up 7% to EUR6.35bn (US$8.54bn) compared with EUR5.94bn in the first half of 2013. EBITDA for the period was up 11% to EUR740m compared with EUR666m. The net income rose 38% to EUR262m from EUR190m.

US: Dana's net sales for Q2 down 5% to US$1.71bn

July 25, 2014 - 14:04
Dana's net sales for the second quarter ended 30 June 2014 were down 5% to US$1.71bn compared with $1.80bn in the same period of 2013. Income from continuing operations before income taxes were down 7.75% to $119m compared with $129m. Net income of the firm was down 6.3% to $90m compared with $96m in the year ago period.

US: 3M's net income rises 5.85% to US$1.27bn in Q2/2014

July 25, 2014 - 14:04
3M's net sales for the second quarter ended 30 June 2014 were up 4.93% to US$8.13bn compared with $7.75bn in the second quarter of 2013. Its operating income for the period was up 9.05% to $1.86bn from $1.70bn in the corresponding period in 2013.

FRANCE/ITALY : Fiat Chrysler and Peugeot deny merger plans

July 25, 2014 - 13:56
Fiat Chrysler and PSA Peugeot Citroen have denied a Financial Times report, which stated that the companies are planning to merge, Reuters said.

INDIA: Tata Motors received loan from Gujarat for Sanand plant

July 25, 2014 - 13:55
The Gujarat government in India has accepted that it gave Tata Motors a soft loan worth INR4.19bn (US$69.9m), The Economic Times said.

INDIA: Ford opens fourth parts distribution centre

July 25, 2014 - 13:54
Ford India has opened a parts distribution centre in Kolkata, reported The Times of India.

INDIA: Ford's 15 vendors move to Sanand, invest US$83m

July 25, 2014 - 13:54
More than 15 vendors of Ford have moved to Sanand in Gujarat, investing around INR5bn (US$83m) and occupying over 130 acres of land in the Ford Vendor Park within Sanand GIDC estate, reports The Financial Express.