- Nissan lifts profit guidance after better-than-expected Q3 – Reuters: Nissan Motor Co Ltd lifted its operating profit forecast by 6.5 percent on Monday after better-than-anticipated results in the third quarter, citing brisk sales from new products, favourable exchange rates and cost cuts.
- VW’s Audi has record January sales, beats Mercedes – Reuters: Audi (VOWG_p.DE) outsold German rival Mercedes-Benz in January, boosting deliveries by 10 percent to a record 137,700 cars…
- BlackRock Reports 5.4% Stake in Ford – WSJ:
- Ex-Takata engineer talks to plaintiffs’ attorneys – Automotive News: A former Takata Corp. engineer plans to work with plaintiffs’ attorneys against the embattled supplier, arguing that its recalled airbag inflators suffer a key chemistry flaw.
- THAILAND: Mitsubishi starts exporting redesigned Triton pickup truck – Just-auto: Mitsubishi Motors’ Thai pickup truck hub plant has started exporting the redesigned Triton.
- Automakers fail to fully protect against hacking – Dailymail: Automakers are cramming cars with wireless technology, but they have … Markey said the movement of the automobile from the combustion engine…
- Irish car sales soar in January as recovery broadens – Reuters: Car sales in Ireland rose by 26 percent year-on-year in January and the number of new commercial vehicles sold almost doubled, in the latest sign that the country’s economic recovery is broadening.
- Nissan Powered By Strong U.S. Sales – WSJ:
- UPDATE 1-VW’s Audi beats Mercedes with record January sales – Reuters: * BMW sales expected later this week (Adds Audi comment, IHS outlook and peer comparison)
- RUSSIA: Ford to launch six new models in Russia this year – Fields – Just-auto: Despite a serious ongoing economic recession, Ford plans to launch six new models in Russia in 2015, CEO Mark Fields has said, according to reports.
- Jaguar C-X75 to star in new James Bond film Spectre – Autocar: Vehicles for James Bond’s 24th outing on the big screen have been provided by JLR’s Special Operations division
- US: 2014-2015 Jeep Cherokees recalled for airbag software ‘flash’ – Just-auto: Fiat Chrysler US is recalling 2014-2015 167,749 Jeep Cherokee vehicles for an airbag control software upgrade.
- Russia’s January auto sales down 24.4 pct y/y – AEB – Reuters: New car sales in Russia slumped 24.4 percent in January year-on-year, the Association of European Businesses lobby group said on Monday.
- Steve Jobs and the king of stylish cars – CNN: (CNN) Harley Earl taught Detroit how do get its Hollywood swing on. He’s credited for single-handedly igniting an automobile renaissance. His legacy…
- Russia’s January auto sales down 24.4 pct y/y – AEB – Reuters: New car sales in Russia slumped 24.4 percent in January year-on-year, the Association of European Businesses lobby…
- US: Study says shared driverless vehicles could slash car ownership – Just-auto: A study undertaken at the University of Michigan Transportation Research Institute (UMTRI) suggests that self-driving vehicles could dramatically reduce car ownership, based on data of US car usage patterns
- Why Tesla Is Not a Takeover Target – 247wallst:
- US: JLR vehicles in brake and light recalls – Just-auto: Just over 104,000 vehicles made by Tata Motors’ Jaguar Land Rover are being recalled in the US for three different faults.
- BELGIUM: CLEPA backs reducing non-trade barriers in TTIP talks – Just-auto: European automotive supplier body, CLEPA, is backing calls by business groups for a reduction in existing non-trade barriers (NTB) in the context of the crucial Transatlantic Trade and Investment Partnership (TTIP).
- 104000: Number Of Land Rover And Jaguar Vehicles Recalled Over Brakes And Lights Issues – Techtimes: … 104,000 Land Rover vehicles to correct an issue with the automobile’s flexible brake hoses, a problem that has been reviewed and closed in 2012.
- Nissan accelerates on solid US sales – FT: Japanese carmaker positive despite lowering sales target to 5.3m vehicles
- SWEDEN: NEVS plans to complete Saab models idled on line – Just-auto: In a move reminiscent of the post-bankruptcy wind down of MG Rover in 2005, Saab’s new owner said it would finish assembling 100 cars that have lain idle on the production line since May, according to media reports from Stockholm.
- Auto-Parts Makers Eager for Passage of Trade Pact – Wardsauto: Carmen Paun Tariffs are only the tip of the iceberg, as the main costs incurred by European and U.S. parts makers result from “divergent regulations and standards relating to emissions and safety,” says Paul Schockmel, a lobbyist for the European producers.
- BMW’s Mini Coopers labelled ‘junk’ as owner hit with $10K engine repairs – CBC: “When the car stopped dead, I could have been killed or killed someone,” Yasmina Bursac told Go Public. “I’m a relatively experienced driver, I’ve…
- Why Proton? asks Indonesians “stunned” by national car deal – Freemalaysiatoday: During a state trip to Malaysia, Jokowi visited the factory of local car … “Now they [Malaysia] have built their own automobile factories and we have not…
- Nissan quarterly profit nearly doubles on U.S. sales surge, weak yen – Automotive News: Nissan’s operating profit nearly doubled in its latest financial quarter, fueled by a favorable exchange rate and robust sales in North America.
- UPDATE 1-PwC sees Russian vehicle sales down 25-35 pct in 2015 – Reuters: Russian car sales are expected to decline by 25-35 percent this year, accounting firm PricewaterhouseCoopers said on Monday, hit by a sharp economic slowdown and devaluation of the rouble.
- CHINA: Chery in JV for electric car share project – Just-auto: Chery Automobile, telematics firm Pateo Corp and Internet car service platform Yongche Inc are to establish a joint venture to build fully electric ‘smart’ cars for a new sharing service in China.
- PwC sees Russian vehicle sales down 25-35 pct in 2015 – Reuters: Russian car sales are expected to decline by 25-35 percent this year, PricewaterhouseCoopers said on Monday, hit by a sharp economic slowdown and devaluation of the rouble.
- NISSAN REPORTS 23.6% RISE IN NET INCOME TO 338.8 BILLION YEN FOR FIRST NINE MONTHS OF FY2014 – Nissan-global:
- Is BMW i the best subdivision in the business? – Bmwblog: The i8 pushes the boundaries of what we know about the automobile. But it isn’t the only i division car to do this. The i3 is also quite special and…
- Auto dealers urged to improve protection of buyer data – Detroitnews: As car-buying increasingly shifts to online research and purchasing, some … At the National Automobile Dealers Association convention in January,…
- Senator: Your futuristic car is putting your privacy and security at risk – Washington Post: Cars these days have more in common with smart phones than the … and haphazard across all automobile” and many manufacturers “did not seem to…
- How Chevy pulled off its Super Bowl ‘blackout’ – Automotive News: Chevrolet executives walked a tightrope as they plotted an ad simulating a power outage in the minutes before the Super Bowl.
- GM rarely weighs in on comp claims – Automotive News: General Motors has played the role of infrequent adviser in the handling of its compensation fund for victims of its defective ignition switch.
- The mighty dollar and what it means for the car business – Automotive News: Automakers insist they don’t make short-term decisions based on currency movements. But the weak dollar has been a long-term trend that effectively reshaped the global industry.
- Hot sales, higher prices and a big run-up in revenue – Automotive News: Yes, January’s U.S. sales numbers were superb and not just in comparison with the first month of 2014, when much of America was snowbound.
- Now, GM’s profit goal gets tougher – Automotive News: Even before investors were done cheering General Motors’ solid fourth-quarter earnings report last week, a question seemed to hang in the air: Can GM take it to the next level?
- Nissan brings in Mexican dealers – Automotive News: Nissan is pulling out a secret weapon as it pushes for more market share in the U.S.: Mexican car dealers. Not U.S.
- Report Sees Weak Security in Cars’ Wireless Systems – New York Times: In November, two auto industry trade groups — the Alliance of Automobile Manufacturers and the Association of Global Automakers — tried to address…
- Report: Cars are vulnerable to wireless hacking – Detroitnews: – Millions of cars and trucks are vulnerable to hacking … Wade Newton, a spokesman for the Alliance of Automobile Manufacturers…
- 7 of the Ugliest, Most Ridiculous Celebrity Cars Ever Seen – Wallstcheatsheet: Ugly celebrity cars are nothing new, which is why we start this post with a look … followed a “trend” started by the Bieb in uglifying luxury automobiles.
- Electric car sharing project to shake up traditional market – Ecns: The smart cars will be designed to interact with the environment. … informed decisions, according to Steve Man, Bloomberg Intelligence Auto Analyst.