Top News:
- Here’s How Volkswagen Did in Its Most Important Market In November – Fortune: Volkswagen AG VLKAY -2.10% saw its market share dip by over two percentage points year-on-year in November, according to industry group ACEA.
- Volkswagen Retains Sales Lead in China – Detroit Bureau: VW sales have increased in China, allowing the brand to hang on to its edge over GM in the soft Chinese market. To get the details, go to TheDetroitBureau.com.
- Hyundai chairman says outlook for 2016 global auto market ‘not bright’ – Automotive News: The outlook for the global auto market is “not bright” next year, Hyundai Motor Group Chairman Chung Mong-koo said today, indicating 2016 will be another challenging year for the world’s fifth-largest automaker.
- More Nissan-Renault integration but no merger yet – Ghosn – Just-auto: After settling a dispute with the French government over the balance of power in their automaking partnership, Renault and Nissan Motor will boost integration without moving toward a full merger at this point, alliance chief Carlos Ghosn said.
- Environment MEPs oppose relaxing diesel car emission test limits – Just-auto: European Parliament Environment Committee members have voted against draft proposals to increase diesel car emission limits for nitrogen oxides (NOx) by up to 110%, says Continent-wide automotive supplier body, CLEPA.
- Chinese environmental group sues VW over emissions – Just-auto: A Chinese environmental group has said it is taking legal action against Volkswagen over its use of software to cheat emission tests in a move widely reported in China’s media.
- SUVs for export to boost Nissan Japan output – Just-auto: Nissan domestic production volume for fiscal 2016 is expected to top 1m units boosted by shipments of the Rogue SUV to North America.
- Vauxhall to publish real-world CO2 and NOx figures from next year – Autocar: Vauxhall will start publishing real-world emissions figures next summer, as boss calls for greater transparency in Europe
- Renault Kwid production to be increased by 50% to reduce waiting period – Ibtimes: Kwid, the small car offering with SUV-stance from the house of French auto maker Renault, has struck instant success in the Indian market with over…
- Volkswagen’s European market share falls below 25% – Guardian: Volkswagen’s share of European car sales fell last month as US manufacturers capitalised on the German company’s emissions rigging scandal to…
- Crude glass half full? Oil prices could rise sooner than expected – Reuters: Factors supporting a more positive outlook range from higher car sales to heightened security and political risks in some oil producers and debt-laden…
- US brands tap European auto recovery as Volkswagen left behind – Reuters: Registrations rose to 1.12 million cars last month from 989,758 a year earlier, the Brussels-based Association of European Carmakers said, with Ford…
- Volkswagen loses 2% of European market share – FT: Volkswagen lost ground to its rivals last month as the European car market posted strong growth, underlining the toxic effects of the diesel emissions…