Daily automotive news - from just-auto.com
Updated: 2 hours 22 min ago
Suzuki Motor's Thai unit is ramping up its export drive as the domestic market continues to spiral lower.
South Korea's Hankook Tire confirmed a major fire at its main Daejeon production facility, located about 100 miles (160km) south of the capital city Seoul, has not affected any of its production lines.
Magna International has announced that one of its subsidiaries has signed an agreement to acquire the Techform Group of Companies, an automotive supplier of hinges, door locking rods and other closure products.
Delphi has entered into a definitive agreement to acquire media connectivity module supplier, Unwired Technology LLC in a move that it says expands its data and media connectivity capabilities.
ZF's UK passenger car axle assembly plant, ZF Lemforder at Solihull, on Tuesday (30 September) marked its 10th anniversary.
Local rumour suggests Tata Motors' Land Rover will kick-start production at its new manufacturing plant in Itatiaia, 110 miles west-northwest of Rio de Janeiro City, in 2016 with the new Discovery Sport, to be unveiled at the Paris show this week.
Haldex says its global restructuring programme announced last year and affecting several several countries and functions, has been finalised.
Maruti Suzuki India will recall 69,555 diesel vehicles to check wiring.
GAZ Group and Mersa Otomotiv, say they will start sales of Euro-5 GAZelle Next vehicles in Turkey, the first such series assembly operations of Russian Euro-5 light commercial vehicles abroad.
Toyoda Gosei has agreed to plead guilty to price-fixing and pay a US$26m fine according to the US Justice Department.
Linamar says it is to purchase Carolina Forge Company's (CFC), business of high volume, hot forged product, in Wilson, North Carolina, as well as 66% of the shares of Seissenschmidt, also specialising in hot forgings
Magneti Marelli has announced that its exhaust system manufacturing plant located in Independence Township, Mich., near Clarkston, has celebrated its official opening.
Nissan Motor is testing its e-NV200 LCV in Hong Kong, with an eye on future sales for the vehicle in Asia.
Hyundai Motor has reportedly reached a tentative wage deal with its South Korean labour union.
Automotive interior surface material supplier, Benecke-Kaliko, says it will lay the foundation stone for the company's second plant in China before the end of this autumn
Plastics manufacturer, Röchling, says it has started production at its new plant in Kunshan, China, with an investment of around EUR10m (US$12.7m).
Toyota has revived plans to launch its Lexus luxury brand in India as sales of high-end vehicles have continued to rise despite an otherwise weakening market.
Ford is forecasting that its Lincoln luxury brand will triple its vehicle sales to approximately 300,000 a year by 2020 following the brand's introduction in China.
Ford has lowered its 2014 pre-tax profit outlook to US$6bn (excluding special items) citing higher warranty costs and weakening total industry volume in Russia and South America.
Toyota in the US will recall 690,000 Tacoma pickup trucks for corrosion checks, CNBC reported.