Top News:
- EU seeks more powers over national car regulations after VW scandal – Reuters: Under the proposed new rules, Brussels would be able to order spot checks on vehicles, order recalls and impose penalties on carmakers of up to…
- Bosch launches internal probe into emissions scandal – Reuters: Dismissing diesel technology out of hand may dent consumer confidence in cars and further weigh on demand in a year when Bosch forecasts that…
- In coal-powered China, electric car surge fuels fear of worsening smog – Reuters: DE) plans 15 new-energy models over 3-5 years, its China chief told a green car conference in Beijing on Saturday, predicting – like the government…
- Nissan Launches Campaign to Save Cats – WSJ: Japanese car maker Nissan has launched a campaign called ”knock knock cats,” asking drivers to knock on the hood before starting their cars.
- Forget Power Stations, Worry About Toasters, Cyber Experts Say – Bloomberg: Pattison noted that a number of car companies, such as Tesla Motors Inc., already provide updates of their software automatically over mobile and…
- Fiat Chrysler fourth-quarter beats expectations on strong North America – Reuters: MILAN Fiat Chrysler Automobiles (FCHA.MI) on Wednesday reported better-than-expected rise in fourth-quarter operating profit as strong results from…
- CompaniesFiat Chrysler leans on US drivers for profit jump – FT: Fiat Chrysler has underlined the importance of the boom in the US car industry with a rise in full-year revenues and profits that lent heavily on…
- Honda sets global production record in 2015 – Just-auto: Honda Motor set a global production record of 4,543,838 vehicles in calendar 2015, up 0.7% year on year.
- PSA’s DS brand opens store in Tehran – Just-auto: As reported by just-auto last week, PSA’s DS premium brand has now officially opened a DS Store in Iran’s capital, Tehran.
- VW Bears Blame for Diesel Cheating Scandal, Supplier Bosch Says – Bloomberg: Denner said each car manufacturer is responsible for a vehicle’s emissions, not suppliers who contribute particular parts or component sets to the…
- Toyota keeps global sales crown but eyes alliances – FT: Toyota is exploring business partnerships to strengthen its position in emerging markets, even as the Japanese group extended its reign as the world’s…
- Toyota Considers Buying Rest of Daihatsu – Bloomberg: Toyota is considering a buyout offer for its Daihatsu unit, which would give the world’s biggest automaker full control over a company that excels in…
- Toyota retains biggest global OEM crown in 2015 – Just-auto: Toyota has issued 2015 sales figures that show it sold 10.15m units in the year, 0.8% below the previous year’s total, but ahead of Volkswagen Group in second place.
- Fiat Finds $1 Billion in Savings From Unlocking Chrysler’s Cash – Bloomberg: Two years after Fiat merged with Chrysler, Marchionne has finally gained full access to its cash stockpile of some $13 billion after buying back bonds…
- Toyota can make handy tune-up with Daihatsu – Reuters: Toyota Motor could make a handy tune-up with a buyout of Daihatsu Motor. The world’s biggest carmaker is considering taking out minority…
- Nice Try VW: Toyota Again World’s Largest Automaker – Forbes: Truman moment, media around the world crowned Volkswagen as the world’s largest automaker. The game is not decided at halftime, and when…
- Takata Air Bag Crisis Widens, First Fatality Reported In India – Ibtimes: Pictured: Technician Edward Bonilla holds a recalled Takata air bag inflator after he removed it from a Honda Pilot at a Miami dealership in this June…
- WRAPUP-Toyota considers Daihatsu buyout, denies Suzuki tie-up talks – Reuters: Toyota says may make Daihatsu a wholly owned subsidiary. * Toyota, Suzuki deny in negotiations for potential tie-up. * Analysts see Toyota making…