- Buffett-backed BYD’s chairman increases stake, may buy more – Reuters: BYD Co Ltd , the Chinese carmaker backed by Warren Buffett, said on Wednesday its chairman has increased his stake in the company and may buy more shares as a sign of confidence following the stock’s record slump last week.
- Takata cuts exec pay over airbag recall – CNN: Takata is slashing the pay for its top executives and demoting its president as the Japanese firm faces an angry fall-out for selling exploding airbags.
- Uber CEO charged with operating illegal taxi service in South Korea – CNN: The latest city to give Uber a chilly reception: Seoul, where Uber CEO Travis Kalanick is facing criminal charges.
- Takata President Steps Down Over Air-Bag Recalls – WSJ: Takata said President Stefan Stocker is stepping down after expansive recalls of the Japanese company’s air bags. The company’s chairman and chief executive, Shigehisa Takada, will stay on and, in addition, take over as president.
- Man apologises to wife by getting 45 cars to spell ‘sorry’ – Via Google News: A man in Russia has apologised to his wife by organising 45 cars to spell … when you’ve done something wrong, organise an automobile flashmob.
- Maruti Suzuki set for record sales in 2014 at over 11.48 lakh units – Via Google News: When asked about the impact of enhanced excise duty on the automobile sector, Bhargava said: “It could derail the auto industry. If it lapses (on…
- Auto industry acts globally _ except on recalls – Yahoo:
- Takata president steps down from role, CEO to reclaim title – Automotive News: Takata, the auto supplier embroiled in a global safety crisis, said today its president, Stefan Stocker, would step down and CEO Shigehisa Takada, 48, would once again assume the role to unify the company’s response to the recall of millions of…
- Takata president steps down amid airbag crisis – FT:
- What’s holding back the car? – Via Google News: The automobile has frequently been cited as the next major “platform” for mobile computing. Years of promises haven’t seen corresponding action.
- Inventories Rise at Chinese Auto Dealers – Via Google News: An auto dealership billboard in Beijing advertises cars from Dongfeng Peugeot-Citroen Automobile, a joint venture between Dongfeng Motor and PSA…
- Google wants to redefine in-vehicle infotainment with Android M – Via Google News: For a few years now, the automobile sector has been toying with the idea of connected cars. According to reports, General Motors went a step ahead…
- What do I want for Christmas? Here’s my automotive wish list – Autocar: Apparently ’tis the season to be jolly and all that, so here are a list of items I’d like to find in my Christmas stocking All I want for Christmas is my two front teeth, as the old seasonal song goes. Luckily, I’ve still just about got most of my teeth. I would, though, quite like a couple of changes to happen in the automotive world, plus a couple of additions to my garage…So on the basis that I’ve been reasonably good this year and that Father Christmas is legally obliged to bring me at least a few of these items, let’s see what pairs I would put on my Christmas list.Two carsI really woul
- Europe’s Car Market Flattered To Deceive In 2014; Faces Turmoil In 2015 – Forbes: Battery-electric cars will remain unloved in Europe next year, although you won’t be able to turn around without falling over another new plug-in hybrid.
- Economy pushing young to go carless – Via Google News: Noticeably missing from his array of transportation options: a car. … lukewarm when it comes to Americans’ century-long love affair with the automobile. They appear to prefer biking, walking, taking mass transit and sharing cars,…
- Dodge flexes muscle, sheds family-car image – Automotive News: Chrysler bills the Hellcat as the fastest production sedan on earth, and this isn’t simply about bragging rights.
- NISSAN PRODUCTION, SALES AND EXPORT RESULTS FOR NOVEMBER 2014 – Nissan:
- The Weaker Yen Fails to Lift All Boats – Yahoo:
- Mazda Production and Sales Results for November 2014 (Flash Report) – Mazda:
- Dodge’s Muscle Cars Push Aside the Minivan – Yahoo:
- Loss-Making Toyota Dealers in China Demand Lower Targets – Via Google News: … Corp. made losses or barely broke even, according to the Jiangsu Automobile Trade Management Association. … Dealers are selling vehicles at losses to reach targets to qualify for year-end bonuses, which account for more than…