- Ex-Porsche CEO Wiedeking to be tried for VW share manipulation – Automotive News: Former Porsche CEO Wendelin Wiedeking must stand trial over the company’s failed bid to use options to acquire Volkswagen, a Stuttgart appeals court ruled.
- U.S. investigates ’13 Ford Explorer Police Interceptor for braking issue – DetN: NHTSA has opened a preliminary investigation into 20,000 2013 Ford Explorer Police Interceptor SUVs that may have a faulty part that could lead to braking problems.
- China corruption watchdog investigating executives at Volkswagen JV – Reuters: China’s corruption watchdog said on Tuesday it is investigating one former and one current executive at Volkswagen AG’s Chinese venture, FAW-Volkswagen Automotive Co Ltd, for “seriously violating the law.”
- INDIA: Regulator follows China with parts prices clampdown – Just-auto: Carmakers in India are coming under similar pressure from regulators as those in China with a total of US$420m in fines being handed out to 14 companies for stifling competition in the market for spare parts.
- Over 100 File Death Claims With GM Compensation Fund – thedetroitbureau.com: Claims linked to at least 100 deaths – and another 184 injuries – have been submitted to the GM victims’ compensation fund linked to the maker’s faulty ignition switches. And the numbers will likely grow, reports TheDetroitBureau.com.
- RUSSIA: Lada production to be cut as sales stall – Just-auto: AvtoVAZ is to cut production of Lada models over the next three months by 25,000 because of falling demand for new cars in the domestic market.
- CHINA: Regulators targeting German suppliers claim – Just-auto: Chinese authorities have reportedly told three German suppliers they can no longer manage their units independently but need to form partnerships with local businesses.
- India regulator fines carmakers $420 million for anti-competitive practices – Reuters: India’s pricing regulator has fined more than a dozen global and local carmakers a total of 25.5 billion rupees ($420 million) after a probe found they had engaged in anti-competitive practices in the world’s sixth largest auto market.
- Volvo Is Banking on This Car to Crack the Top End of the World’s Biggest Auto Market – Via Google News: Volvo unveils its first car under Chinese ownership on Tuesday. It’s a high-stakes moment for the Swedish carmaker and a time of reckoning for the …
- India regulator fines carmakers – FT: India fines 14 major automotive groups $422m for suppressing competition in spare parts market, echoing similar move by authorities in China
- Mercedes-Benz C-Class L hits the Chinese auto market – CarNewsChina.com: The Mercedes-Benz C-Class Long has been launched on the Chinese auto market. Price starts at 369.000 yuan and ends at 479.000 yuan ($60.000 – 78.000). The Mercedes-Benz C-Class Long is a stretched variant of the W2015 2014 Mercedes-Benz C-class for the Chinese car market, extended by 60mm making for a wheelbase of 2900mm. The C-Class […]
- Volvo begins a new era with debut of redesigned 2015 XC90 – Automotive News: Volvo, embarking on an ambitious new era, formally unveiled the redesigned XC90, a flagship SUV whose sales performance will help recast the Swedish brand’s fortunes in the United States.
- Asian, European brands dominate satisfaction survey, but U.S. brands close gap – Automotive News: Asian and European brands dominate the top of an annual survey of customer satisfaction in the United States with auto brands, though overall satisfaction with the industry dropped for the second year in a row.
- Volvo counts on high-cost Sweden for crucial XC90 – Via Google News: Volvo Car Corp., which has come to symbolize Swedish durability since its founding in 1927, is sticking to its …
- GM fund has received 100 death compensation requests – DetN: General Motors Co. ignition switch compensation fund has received 284 claims through Friday, including 100 claims for deaths.
- Shared Automation Up to 90% Reduction in Vehicles – Via Google News: Removing up to 9 of every 10 cars from the road is the promise of sharing … of 43%, even with a $70,000 base price for the automated vehicle.
- This is the Kia K4 sedan for the Chinese Car Market – CarNewsChina.com: This is the new Kia K4 sedan for the Chinese car market. The Kia K4 will debut on August 29, on the first day of the 2014 Chengdu Auto Show, and will be launched on the China auto market in October. The Kia K4 debuted as a concept on the Beijing Auto Show in April. […]
- Official Photos of the Infiniti ESQ for the China car market – CarNewsChina.com: Infiniti has released the first official photos of the new Infiniti ESQ for the China car market. The Infinti ESQ will debut on August 29, on the first day of the 2014 Chengdu Auto Show, and launch on the Chinese auto market in October. Price will range from about 200.000 to 300.000 yuan ($32.000 – […]
- Tata Motors to use JLR expertise for new cars – Via Google News: He said that even though the two companies operate in different segments JLR in the luxury space and Tata Motors in mainline car market there …
- Couple Takes out Ad to Recommend Tesla Changes – thedetroitbureau.com: Elon Musk, the founder and chief of the Palo Alto, California-based Tesla Motors, tweeted a copy of an ad taken out in the Palo Alto Weekly from two Model S owners, who offered several suggestions to improve the sedan. More importantly, he said that some of the alterations would be implemented, but offered no timetable.
- Ford begins ‘massive undertaking’ to manufacture aluminum pickup – Automotive News: Ford has begun an eight-week closure of its F-150 pickup plant near Detroit to overhaul it for a new, aluminum-bodied version of the top-selling vehicle line in the United States.