Top News:
- Renault, Ford and Mercedes under scrutiny in French emissions probe – Automotive News: Ford Motor and Mercedes will also come under scrutiny after two of their models also had excessive emissions, Les Echos newspaper reported on…
- Consumer Watchdog unhappy at robot car proposals – Just-auto: Proposals floated in Detroit last week by top federal auto safety officials indicating the agency is willing to allow auto manufacturers to detour US motor vehicle laws and regulations, particularly for unproven robot cars would, if true, be a “wrong turn” for the agency, Consumer Watchdog said.
- Some Automakers Thriving in Slower China Economy – Detroit Bureau: Some automakers are surprisingly upbeat about sales in China, despite the prospects for only modest growth of the Chinese economy overall
- Volkswagen faces shareholder claims over emissions scandal – Reuters: Dozens of large shareholders in Volkswagen plan to sue the carmaker in a German court, seeking compensation for the plunge…
- Bafin probe of Volkswagen likely to take several more months – Reuters: Volkswagen’s shares have lost 34 percent of their value since the … in September, wiping 22 billion euros ($24 billion) off Volkswagen’s market cap.
- Trump’s Hated $23 Billion in Migrant Cash Unlocks Mexican Credit – Bloomberg: Millions of Mexicans pay for everything from food to medicine with cash from relatives working in the U.S. Now, the money may allow them to get car…
- Renault Faces Criticism Over Disclosure of Emissions Raids – Bloomberg: French investigators swept into three Renault SA sites on the morning of Jan. 7 looking for evidence the automaker cheated on emissions tests.
- Renault promises plan to bring down emissions from diesel vehicles – Guardian: A government-appointed commission said that Renault diesel engines failed pollution tests and investigators raided its facilities, raising fears the…
- Renault, Ford and Mercedes under scrutiny in French emissions probe – Automotive News: Renault executives were due to meet French government technical experts to explain why its Captur and two other diesel models have NOx…
- Toyota mulls new structure to groom future leaders, report says – Automotive News: Toyota Motor Corp. is considering a management structure that groups businesses according to the product type in a shift away…
- Truck maker Daimler signs agreement to return to Iran – Reuters: Mercedes-Benz commercial vehicles are still present there and remain very visible on Iran’s roads. Previously, Daimler sold up to 10,000 vehicles per…
- Brisk US auto sales helping central Japan firms -BOJ official – Reuters: Companies in central Japan have been spared the hit from China’s economic slowdown thanks to brisk automobile exports to the…
- Volvo Cars and Changan dissolve China JV – Just-auto: A spokesman for Volvo Cars has told just-auto that the firm’s contract with CFA – Changan Ford Automotive – has ended. Responding to a question regarding S80L production at CFA’s Chongqing plant, VCG’s man also confirmed that production of the extended wheelbase sedan ended in late 2015.
- Renault Sees 2016 Sales Growth Accelerating on New Vehicles – Bloomberg: Renault SA forecast deliveries to grow at a faster pace in 2016 than last year as the carmaker expects more buyers to be lured by new models such as…
- Renault Set to Appear Before Emissions Commission – WSJ: Renault executives are set to appear before a French government commission later Monday to explain why some of its cars have exceeded…