- Hyundai plans to have autonomous tech on road by 2020 – Automotive News: Hyundai said today it aims to commercialize autonomous driving capabilities in some of its cars in 2020, as the South Korean automaker plays catch-up in the increasingly competitive technology.
- Automakers Poised to Enjoy Big Year in 2015 – Detroit Bureau: With the big New York Auto Show set to open this week, carmakers have every reason to be optimistic about their prospects for the month ahead based on preliminary data. Auto sales are on track to hit 17 million units. For details, go to TheDetroitBureau.com.
- CHINA: Faurecia inks JV with Dongfeng Hongtai – Just-auto: Faurecia says it has inked a joint venture with Dongfeng Hongtai, which will serve the Chinese company and its automotive partners for passenger and commercial vehicles.
- NADA expects interest rates to hold through summer, boosting auto sales – Automotive News: The National Automobile Dealers Association predicts the Federal Reserve will hold off on raising interest rates through the summer, giving vehicle sales a boost that can offset slow economic growth in the start of the year.
- Bang & Olufsen to Sell Car-Audio Unit to Harman in Focus Shift – Bloomberg: Bang & Olufsen A/S plans to sell its automotive … products to makers of high-end cars and target B&O Play to the “mass luxury market.
- RUSSIA: Falling rouble allows GAZ to export competitively: CEO – Just-auto: GAZ Group says the current rouble devaluation allows it to take advantage by competitively exporting commercial vehicles with improved warranties compared to similar foreign products.
- US: Tesla to unveil ‘major new non-car product line’ – Just-auto: Tesla is set to unveil a new non-car product line at the end of this month, with speculation rife that the new product will be a home battery.
- PSA chief Tavares dampens talk of merger with Fiat Chrysler – Automotive News: “[Fiat Chrysler boss] Sergio Marchionne is welcome every time he wants to speak to us but for us it’s a little bit early now,” Tavares said in an interview…
- Mercedes pickup will be built by Nissan, report says – Automotive News: Daimler declined to comment on a report that its first Mercedes-Benz pickup will be based on the Nissan Navara. Nissan would build…