Top News:
- Daimler managers in Germany to drive EVs – Just-auto: Senior Daimler managers are to drive electrified vehicles as part of a company policy to encourage the use of as much zero-emission driving as possible. This year, the automaker will spend EUR30m extending its charging infrastructure at many sites.
- Ferrari Jumps After Soros Emerges Among Top 10 Shareholders – Bloomberg: Spun off from Fiat Chrysler at the beginning of 2016, Ferrari is controlled by the Agnelli family holding company Exor SpA and Piero Ferrari, son of the…
- Aston Martin develops electric car with China’s LeEco – Reuters: “It brings Aston Martin’s electric car project forward,” Aston Martin Chief … China’s Tencent and China Harmony Auto Holding said this month it was…
- Fiat Chrysler to use more temporary layoffs at Maserati plant-union – Reuters: Fiat Chrysler declined to comment. The Grugliasco plant produces the Maserati Quattroporte and Ghibli models. Maserati shipments last year fell 11…
- Daimler shipping cars to Asia from Slovenia – Just-auto: Daimler’s Mercedes-Benz has set up a new hub for transporting new vehicles from Europe to Asia in the Slovenian port of Koper. It started operating at the end of 2015.
- Renault will build Nissan van at French plant – Automotive News: Renault plans to build the new NV300 van for alliance partner Nissan at its Sandouville plant in northern France, Carlos Ghosn,…
- Renault adds 1,000 staff on permanent contracts – Just-auto: Renault says it will recruit 1,000 staff on permanent contracts in France this year, while also signing 1,000new apprenticeship agreements.
- NEVS to acquire New Long Ma China stake – Just-auto: NEVS has inked a framework agreement to acquire a stake in New Long Ma (NLM), a transport vehicle manufacturing company in Fujian province, China.
- Tristone wins EUR230m engine/battery contract – Just-auto: Tristone Flowtech Group says it has secured a EUR230m lifetime fluid engine and battery cooling contract for an unnamed global worldwide OEM.
- Nissan says to start assembling cars in Myanmar this year – Reuters: Nissan anticipates that it will sell more than 1,000 units annually in two or … Nissan has been selling imported vehicles in Myanmar since 2013 and…
- Japan automaker unions’ underwhelming pay demands challenge Abenomics – Reuters: Auto unions seek half the base pay rise sought last year … our company logs record profits,” Toyota union’s spokesman Yasuyuki Takaki told Reuters.
- Volkswagen Taigun sub-compact crossover SUV ruled out for production: Report – Ibtimes: Volkswagen’s sub-compact crossover SUV concept, the Taigun, was revealed at the 2012 Sao Paulo Motor Show and the news regarding the…
- Hyundai Motor to start constructing 105-story building early next year – Yonhap: Hyundai Motor Group, the world’s fifth-largest automotive conglomerate, will start building a 105-story structure early next…
- Lexus Korea aims to sell 8000 cars this year – Yonhap: Lexus Korea, the local unit of Toyota’s premium brand, said Wednesday that it aims to sell around 8,000 vehicles in South…
- Daimler Gives Chief Executive a 3-Year Contract Extension – New York Times: The car, truck and bus maker Daimler has given its chief, Dieter Zetsche, a three-year extension of his contract just a few days after the company…
- Volkswagen Brand Sales Fell 3.8 Percent in January – New York Times: The marquee Volkswagen brand was hit in January by its biggest decline in European sales since the German carmaker was engulfed in a diesel…
- S.Korea’s SK Innovation to supply EV battery cells for Mercedes-Benz – Reuters: … plans to produce a family of new battery-powered luxury vehicles, the automaker’s research chief Thomas Weber told Reuters in January.