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Daily automotive news - from
Updated: 2 hours 21 min ago

ITALY: Ferrari books record half year sales and profits

September 12, 2014 - 18:01
Ferrari booked a record half year trading profit up 5.2% to EUR185m on revenues of EUR1,348.6m (+14.5%).

US: Toyota says no discussions or plans with Tesla

September 12, 2014 - 17:24
Toyota has apparently distanced itself from comments made earlier by Tesla Motors founder Elon Musk that future collaboration between the two automakers cannot be ruled out.

GERMANY: Porsche SE acquires stake in INRIX

September 12, 2014 - 16:53
Porsche Automobil Holding SE has bought a stake of around 10% in the US technology company INRIX, a provider of real-time traffic information.

GERMANY: VW sales chief says some markets "remain tense"

September 12, 2014 - 15:01
Following the news earlier this week premium brand Audi had hiked its 2014 sales target to about 1.4m, parent Volkswagen Group announced a 6.5% rise in deliveries to the end of August, to 6.52m vehicles.

INDIA: Mahindra conducts feasibility study of US market

September 12, 2014 - 14:23
Mahindra and Mahindra is conducting early-stage feasibility studies on selling cars in the US.

CHINA: GM JV recalls Cadillac XTS for brake check

September 12, 2014 - 14:17
Shanghai General Motors has recalled Cadillac XTS sedans due to a fault in the brake control software.

INDONESIA: Mitsubishi mulls car plant

September 12, 2014 - 14:13
Mitsubishi may spend up to US$1bn on a new car plant in Indonesia, media reports said.

GERMANY: Continental begins tech tyre centre construction at Korbach

September 12, 2014 - 13:40
Continental has broken ground for a new high performance tyre technology centre at its Korbach plant in Germany.

US: Interior trim piece fit prompts Toyota curtain airbag recall

September 12, 2014 - 12:40
Toyota's US unit is recalling around 130,000 2014 Tundra Crew-Max Cab and Double Cab pickup trucks to check curtain airbags.

BRAZIL: Fiat readies 2015 Uno for solo act

September 12, 2014 - 11:55
Fiat was careful to get the timing right to update its new Uno. It was launched just over four years ago and a model year 2015 update has arrived charged with boosting sales in the aftermath of the Mille (essentially an updated mid-1980s Uno) phase-out early this year which accounted for 50% of sales of both models, a typical Brazilian market distortion.

SOUTH KOREA: Government probes engine technology leak

September 12, 2014 - 10:52
South Korea has launched an investigation into the transfer of engine technology to a Chinese automaker by a local automotive contractor, according to local reports.

CHINA: Sales rise 4% in August, 7.7% YTD

September 12, 2014 - 10:44
New vehicle sales in China grew by just over 4% to 1.71m units in August, compared with 1.65m units in the same month of last year, according to the China Association of Automobile Manufacturers (CAAM).

CHINA: Government fines Chrysler and Audi for price fixing

September 12, 2014 - 10:32
China's antitrust regulators on Thursday formally announced their first fines to foreign automakers for price fixing, following a widely reported and ongoing investigation into anti-monopolistic practices in the country's automotive industry.

US: Faurecia announces seat plant for Kentucky

September 11, 2014 - 17:50
Faurecia has announced its 38th North American plant, a seating factory in Simpsonville, Kentucky.

UK: Ford makes 3m small capacity diesels

September 11, 2014 - 16:41
Ford has made its three millionth small-capacity diesel engine at its Dagenham 'diesel centre'.

NEW ZEALAND: Commercial vehicle sales boom in August

September 11, 2014 - 13:33
Registrations of 3,106 new commercial vehicles in August reflected continued strong demand and was the best result for the month since the local Motor Industry Association began collecting records for this type of vehicle.

GERMANY/UK: Opel introduces Karl, Vauxhall revives Viva

September 11, 2014 - 12:22
Judging by the derisory comments on Twitter today, some British motoring writers aren't impressed with General Motors Europe's German unit Opel's decision to call its new five-door small car Karl. UK unit Vauxhall will revive the Viva nameplate last used in 1979.

MEXICO: Toyota considers the lure of south of the border

September 11, 2014 - 11:59
Toyota reportedly is looking to build a new vehicle plant in Mexico to take advantage of the country's low labour costs and numerous free trade agreements.

MEXICO: Jatco opens second CVT plant in Aguascalientes

September 11, 2014 - 11:43
Jatco has held an opening ceremony for its second Mexican manufacturing plant in Aguascalientes.

US: Allison Transmission enters into strategic relationship with EnerDel

September 11, 2014 - 11:18
EnerDel and Allison Transmission have entered into a strategic relationship naming the battery manufacturer's PP320-689-LP Vigor+ pack as approved Allison support equipment.