Business / Auto Global

Toyota to curb Japan output in April as tax hike

[2014-01-29 15:35]

Toyota Motor Corp plans to curb daily vehicle output in Japan by 15 percent in April from a year earlier as it adjusts for a dampening of demand from a national sales tax rise.

Fiat HQ move risks political pain for tax gain

[2014-01-28 16:37]

Fiat boss Sergio Marchionne is about to unveil his next trick: moving the group's 115-year-old headquarters out of Italy.

Workers urge VW to build new model at Hanover plant

[2014-01-28 15:52]

Workers at Volkswagen's Hanover assembly plant are demanding the carmaker build a new model at the site to safeguard jobs as it may lose an order for Porsche's Panamera.

Tata Motors top executive dies from fall in Thailand

[2014-01-28 15:38]

Karl Slym, managing director of India's biggest automaker, died after falling from a hotel room in Bangkok in what police said on Monday may have been suicide.

Tavares could take helm of Peugeot in March: sources

[2014-01-27 17:15]

Carlos Tavares could take over as chief executive of PSA Peugeot Citroen PEUP.PAP in March, two sources close to the situation said.

New GM CEO Barra vows to 'accelerate'

[2014-01-24 15:57]

General Motors Co's new chief executive, Mary Barra, said she has no plans to deviate from predecessor Dan Akerson's strategy.

Hyundai woes linger as strong won, home slump hit earnings

[2014-01-24 15:52]

Hyundai Motor posted its first year-on-year fall in quarterly revenue in nearly three years, hit by a stronger local currency and slumping sales.

Minicars fare worst in vehicle frontal crash test: report

[2014-01-23 16:01]

Minicars such as the Fiat 500 and Honda Fit performed worse than any other vehicle segment in a frontal crash test.

VW's labor chief says US operations a 'disaster'

[2014-01-23 15:56]

VW's top labor representative called for more models and swift decisions to revive the group's declining fortunes in US.

Tesla, Deutsche Bahn team up on electric car charging stations

[2014-01-22 14:28]

Electric carmaker Tesla Motors and rail operator Deutsche Bahn opened four new charging stations along key autobahn routes.

Highlights of European Motor Show Brussels 2014

[2014-01-22 11:50]

The annual European Motor Show Brussels 2014, which lasts until Jan 26, is expecting around 600,000 visitors this year.

Renault sales buck Europe slump, gain in emerging markets

[2014-01-22 11:30]

Renault's global sales rose 3.1 percent to 2.63 million vehicles in 2013, the French carmaker said, buoyed by gains in Russia and emerging markets.

Fiat completes buyout of US carmaker Chrysler

[2014-01-22 09:48]

The Italian group maks the US business a wholly-owned subsidiary as it gears up to use their combined resources to turn around its loss-making operations in Europe.

Toyota may rethink Thai investment plans

[2014-01-21 14:05]

Toyota Motor Corp may reconsider investing up to 20 billion baht ($609 million) in Thailand, and could even cut production.

Ford's 'quality' push comes at busy time for automaker

[2014-01-21 14:04]

Ford Motor Co is betting that the tight bond between two of its senior executives can help the automaker prevent quality missteps.

Russia to support domestic car industry with subsidies

[2014-01-21 14:01]

Russia plans to support its struggling auto industry with subsidies of up to 271 billion roubles ($8 billion) in the three years to 2016.

German car industry rocked by vote-rigging in auto prize

[2014-01-21 13:41]

Germany's ADAC car club said revelations it had falsified results of its annual car award.

Peugeot moves closer to Dongfeng deal as sales sag

[2014-01-21 11:18]

The board agreed in principle to a capital increase that would see the Chinese state-owned carmaker and French government acquire minority stakes.

France pledges Peugeot to stay French after fundraising

[2014-01-21 11:03]

France's finance minister pledged to make sure PSA Peugeot Citroen stays French, hours before a supervisory board meeting.

GM CEO Barra's 2014 compensation to total up to $4.4m

[2014-01-20 19:50]

Mary Barra, General Motors Co's new chief executive officer, will be paid up to $4.4 million in cash and stock compensation this year