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Daily automotive news - from
Updated: 16 min 24 sec ago

UK: Vauxhall undercuts Fiesta with new Corsa pricing

1 hour 12 min ago
The fourth generation Vauxhall Corsa will undercut the entry level Ford Fiesta, Britain's long-time best selling car, by GBP1,000 when it goes on sale at year-end.

JAPAN: Takata shares recover after airbag recall charge update

October 22, 2014 - 18:25
Takata Corporation, the Japanese maker of air bags at the centre of an auto industry-wide safety crisis, has recovered from its biggest-ever drop in Tokyo share trading after saying additional charges related to recalls would be small.

GERMANY: Next Audi A8 will be 'autonomous'-capable

October 22, 2014 - 18:11
The next-generation Audi A8 will be able to drive itself.

FRANCE: PSA on course to hit targets ahead of schedule

October 22, 2014 - 18:03
PSA Peugeot Citroen could reach its cashflow target two years early thanks to better than expected growth at its growth at its Faurecia parts unit which contributed to an unexpected increase in third quarter revenue.

SWEDEN: Volvo looks to double output by 2020

October 22, 2014 - 16:37
Volvo says it is looking to double its market share to 2% in order to offer an alternative to German brands.

THAILAND: Sales fall further in September

October 22, 2014 - 15:21
Thailand's new vehicle market continued to plummet in September, with sales falling by 27.5% to 68,843 units compared with 94,859 units in the same month of last year, according to data released by the Federation of Thai Industries.

GERMANY: Daimler restructures Tesla cooperation

October 22, 2014 - 14:02
Daimler said it had reorganised its cooperation with Tesla Motors by terminating the share-price hedge it initiated in 2013 and selling its Tesla stake of about 4% without affecting the cooperation between the two on automotive projects.

JAPAN: Mitsubishi revises fiscal H1 forecasts

October 22, 2014 - 13:37
Mitsubishi Motors Corporation (MMC) has revised its consolidated forecasts for the first half of fiscal 2014 (to 30 September, 2014) from the previous forecasts announced on 24 April, 2014.

SWEDEN: FKG looks to January for Iran supplier visit

October 22, 2014 - 13:30
Scandinavian automotive supplier body, FKG, is confirming it will look to lead a supplier delegation to Iran early next year as a thawing diplomatic environment continues to take shape.

UK: First nine months "mark six year car production high" - SMMT

October 22, 2014 - 12:57
Automakers in the UK have boosted output in the calendar year to date to the highest level since 2008, producing 1,132,017 units - up just 0.6% year on year.

SWEDEN: FKG rues lack of Industry Minister: MD

October 22, 2014 - 11:10
Scandinavian automotive supplier body, FKG, is describing the lack of a Swedish Industry Minister as a "bit odd," following the election of a new Parliament in Stockholm.

US [updated 14:30BST]: Takata airbag recall extended to 7.8m vehicles

October 22, 2014 - 10:54
Safety regulator NHTSA on Wednesday (22 October) expanded the number of vehicles in the United States that may be affected by recalls for potentially defective Takata air bags that could spray shrapnel at occupants from 6.1m announced on Tuesday to 7.8m.

US: Takata airbag recall extends to 6.1m vehicles

October 22, 2014 - 10:54
US highway safety regulator NHTSA last night (21 October) expanded its warning about faulty airbags made by Takata to 6.1m vehicles in the United States.

CHINA: Car market set for 10m more units pa by 2020

October 21, 2014 - 15:48
China's car market will be heading towards 30m units by 2020 according to forecasts produced by IHS Automotive.

SWEDEN: Auto companies should move faster with Iran: SIC

October 21, 2014 - 14:55
Swedish automotive companies need to act faster to take opportunities of business in Iran says one association with interests in both countries.

MALAYSIA: Volkswagen assembly plant to export from 2015

October 21, 2014 - 14:44
Volkswagen Group Malaysia plans to start exporting vehicles it produces from completely knocked down (CKD) kits to neighbouring countries, reported.

CHINA: Dongfeng Nissan adds fourth factory

October 21, 2014 - 14:44
Dongfeng Nissan's Dalian plant, which will become the hub for the company's SUV production in China, has started production bringing the joint venture's number of assembly operations in the country to four.

CHINA: Cadillac to commence local SRX build in 2015

October 21, 2014 - 13:45
Cadillac plans to begin manufacturing its SRX SUV in China from 2015, reported. The model, which is currently imported, will be built at a new plant near Shanghai.

TURKEY: Hyundai commences production of European Elite i20

October 21, 2014 - 13:38
Hyundai has started production of the European version of its redesigned Elite i20 in Turkey.

CHINA: Volvo to launch petrol S60L hybrid in mid-2015

October 21, 2014 - 13:35
Volvo plans to launch a special long wheelbase, petrol S60L plug-in hybrid model in China in mid-2015, a local media report said.