- VW poised to expand China turf – Automotive News: The year began well for a slew of automakers operating in China. General Motors, Toyota, Honda, Geely and Great Wall have posted strong sales in January. But the company best positioned for robust growth in the Chinese light-vehicle market is…
- Peugeot seeks boost for 508 with fresh styling, more advanced tech – Automotive News: Peugeot will give its new 508 sedan fresh styling and more advanced technology in a bid to lift the car’s sales amid shrinking demand for midsize sedans. The new-generation 508 will debut at the Geneva auto show on March 6 and its styling will take a…
- BMW CFO says profit target safe despite big rise in r&d spending – Automotive News: BMW’s current product and technology offensive has led to a significant rise in r&d spending. The automaker is investing heavily in electric and autonomous technology to keep pace with fast-changing demands. BMW finance boss Nicolas Peter is working to…
- Volvo counts on XC40 for conquests – Automotive News: The XC40 is Volvo’s first model with inductive charging for mobile phones and the first to offer a car-sharing option for family and friends. It is also the first car to offer the brand’s new all-inclusive subscription service, Care by Volvo, which the…
- Geely owner’s speech avoids mention of Daimler – Automotive News: Li Shufu, the Chinese owner of Geely Automobile Holdings and Swedish automaker Volvo, stayed away from commenting on speculation that he’s expanding his footprint in Europe with an investment in Mercedes-Benz parent Daimler. Europe is playing “a very…
- Nissan, Honda, Toyota warn about Brexit high stakes – Automotive News: Japan warned UK Prime Minister Theresa May that its companies would have to leave Britain if trade barriers after Brexit made them unprofitable. Nissan’s Europe Chairman Paul Willcox, Honda Europe boss Ian Howells and Toyota Europe CEO Johan van Zyl…
- Carmaker PSA buys controlling stake in Chinese group Jian Xin – Reuters: French carmaker and Peugeot-owner PSA has agreed to buy a controlling stake in Chinese automotive spare parts distributor …
- Ford China starts 2018 in reverse as January sales plunge – Reuters: Ford Motor Co said on Friday its January vehicle sales in China dropped by a sharp 18 percent versus a year ago, marking a difficult start to 2018 for the U.S. carmaker that is struggling to revive its business in the world’s biggest auto market. The…
- China vehicle sales rise fastest in 11 months, but outlook still uncertain – Reuters: China’s vehicle sales in January rose 11.6 percent from a year ago, the fastest pace in eleven months, but the country’s key automobile body cautioned it …
- China Jan vehicle sales rise 11.6 percent – industry association – Reuters: China’s automobile sales in January increased 11.59 percent from a year earlier to 2.81 million vehicles, an industry association said on Friday, a fast start to the year amid a broader slowdown in the world’s largest auto market.
- Someone is wrong on the internet, Elon Musk edition – FT: Nerd pin-up Elon Musk launched his Tesla Roadster into space this week, which is pretty cool. Like, this indisputably and clearly looks very awesome: But not everyone is impressed. Over at The Guardian, Nathan Robinson writes: There is, perhaps, no…
- South Korea weighs options for GM Korea: finance minister – Reuters: South Korea is considering several options regarding General Motors Co’s operations in the country, the finance minister said on … are preparing for various possibilities, Finance Minister Kim Dong-yeon told lawmakers, asked if he had any contingency…
- Mercedes-AMG Project One hybrid tech due in series model by 2021 – Autocar: The Project One uses a hybrid powertrain based on that in Mercedes’ F1 car The Formula 1-derived hybrid system of AMG’s fastest model will soon trickle down into its regular performance cars