Top News
- Russia sales collapse 43% as oil dips below US$40 – Just-auto: Russia has recorded one of its worst monthly slumps in sales as easing pressure on the ruble stems a previous rush to showrooms.
- Chinese vehicle sales jump 20% in November – Just-auto: New vehicle sales in China jumped by close to 20% to 2.5m units in November from 2.09m units a year earlier, helped by a sales tax cut introduced at the end of September, according to the China Association of Automobile Manufacturers.
- Truck Sales Driving Down Fuel Efficiency Numbers – Detroit Bureau: After years of improvements, the efficiency numbers of the U.S. auto fleet has stalled as consumers opt for less efficient trucks and utilities.
- Fiat Chrysler Fined $70m for Under-Reporting Deaths – Fortune: The U.S. Department of Transportation said it has fined Fiat Chrysler Automobiles NV FCAU -0.07% $70 million for failing to report vehicle crash…
- Germany ready to challenge EU’s car coolant accusations in court – Reuters: BERLIN The German government said on Friday that the European Commission’s accusations against Berlin and car maker Daimler in a row over a…
- Jaguar Land Rover seals deal for $1.5 billion Slovak car plant – Reuters: The car industry represents 43 percent of Slovakia’s industrial output and a quarter of its exports, according to the Automotive Industry Association,…
- Renault-Nissan in preliminary deal to end dispute with France – sources – Reuters: Renault’s board was meeting on Friday to discuss the draft accords. … The move raised hackles at Nissan, 43.4 percent-owned by Renault, pitting…
- Renault-Nissan edging toward compromise with France, report says – Automotive News: Unless a deal is reached, Nissan has threatened to exit a 2002 alliance agreement currently barring it from raising its non-voting 15 percent stake in its…
- New Ford Focus Electric confirmed as part of EV push – Autocar: The current European Ford Focus was facelifted in 2014 Ford will add 13 new electric vehicles to its range by 2020, including an all-new Focus Electric late next year.
- VW tells 2,000 staff ‘not to lose data’ in emissions scandal – Just-auto: Volkswagen says it has asked 2,000 Group employees to hold onto data as the continuing maelstrom surrounding its emissions scandal continues to swirl.
- Audi November sales growth lags BMW, Mercedes-Benz – Reuters: DE) Audi brand sold just 1 percent more vehicles last month than a year ago, lagging gains of 4.9 percent and 7.4 percent at German rivals BMW…
- Hyundai Genesis G90 (EQ900) luxury sedan detailed in new promo video – Ibtimes: South Korean auto major Hyundai is betting big on it’s newly-set-up luxury brand, Genesis. Genesis announced its entry into the premium auto…
- BUZZ-Indian auto firms fall on reports green tribunal says no new diesel vehicles in Delhi – Reuters: … ** Mahindra and Mahindra falls 3.6 pct, Tata Motors drops 3.4 pct, Maruti Suzuki falls 1.42 pct, Eicher Motor slides 3.18 pct. ** National Green…
- Jaguar Land Rover to Invest 1 Billion Pounds in Slovak Car Plant – Bloomberg: Jaguar Land Rover’s sales last year rose 9 percent, and it’s adding more affordable cars, such as the Jaguar XE sedan and the Land Rover Discovery…
- China’s Biggest Car Dealer Buys $1.1 Billion Baoxin Auto Stake – Bloomberg: China Grand Auto paid HK$5.99 for each share of the distributor of BMW AG vehicles in the country, according to a filing to the Hong Kong stock…
- Jaguar Land Rover confirms Slovak car plant – Reuters: A trade union source told Reuters earlier in the year JLR was deciding between four central European countries for the plant. JLR has grown rapidly…
- Chennai Floods to Disrupt India Car Production, Auto Group Says – Bloomberg: The output of vehicles this month will be lower due to a shortage of …. according to shipbrokers and tanker-tracking data compiled by Bloomberg.
- VW Golf challenged by new Opel Astra, Renault Megane in Europe’s compact segment – Automotive News: Both the Megane and Astra were launched at this year’s Frankfurt auto show, where Renault and Opel highlighted their new models’ technology…
- China auto production to grow 8.2 pct in 2016 -PwC – Reuters: Production of light vehicles in the world’s largest auto market is set to grow 8.2 percent year-on-year in 2016 to 25 million units, the report said.
- Ford Adds Another $4.5 Billion To Its Electric Car Ambitions – Fortune: The 2017 Ford Focus Electric, the first of the 13 new electric cars, will start production late next year with a battery that has a 100-mile range.
- Why Beijing’s Air Has Turned Deadly and How It Can Be Reversed – Bloomberg: “Overseas countries also have lots of cars, so why don’t they have such smog?” Dong Yucun, a 55-year-old insurance saleswoman, asked on…