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Business / Auto Global

S. Korea's auto exports fall

[2013-03-11 17:34]

South Korea's automobile exports posted a double-digit fall last month due to less business days arising from the Lunar New Year's holiday and weak demand for locally-made cars.

India Feb car sales fall the most in 12 yrs

[2013-03-11 17:31]

Car sales in India slumped 25.7 percent in February, the biggest fall in more than 12 years and the fourth consecutive monthly slide.

VW rules out Honeywell, DuPont refrigerant

[2013-03-11 17:26]

Volkswagen has joined compatriot Daimler in deciding not to use a new air-conditioning refrigerant developed by US firms Honeywell and DuPont in its cars.

GM to spend $243m on Canada's CAMI assembly plant

[2013-03-11 14:16]

General Motors Co is spending C$250 million to retrofit its CAMI Automotive Inc assembly plant in Canada's Ingersoll, for future vehicle production.

Ferrari, Apple now networked for entertainmment

[2013-03-11 13:58]

Ferrari President Luca Cordero di Montezemolo said last week that the company is in discussions with Apple Inc to expand cooperation in developing auto entertainment systems.

Think outside the box as electric dreams shatter

[2013-03-11 13:44]

There is a growing awareness that conventional hybrids and slow-selling battery cars simply won't be enough to meet rigid EU emissions limits.

More green cars feature in auto show: Geneva 2013

[2013-03-08 17:17]

More green cars than ever before will feature at the Geneva Motor Show this year, which will open to public from March 7 to 17.

Chrysler aims to sell over 800k Jeeps in 2013

[2013-03-08 14:57]

Fiat Chief Executive Sergio Marchionne said the company's US unit Chrysler Group LLC aimed to sell over 800,000 Jeeps worldwide in 2013.

Toyota sees European profit as revamp bears fruit

[2013-03-08 13:30]

Toyota Motor Corp will turn a profit in its European automotive business during the current fiscal year for the first time since 2007.

Hyundai Europe doubles ad budget

[2013-03-07 17:33]

South Korean carmaker Hyundai plans to double its advertising spending in Europe in a bid to build on market share gains.

Toyota readies executive reshuffle

[2013-03-05 17:29]

Toyota Motor Corp will reshuffle its top executives as soon as this week, as President Akio Toyoda tries to dismantle a regimented decisionmaking hierarchy.

BMW says European markets to remain shaky

[2013-03-05 17:19]

BMW is bracing for car markets in Europe to remain volatile for at least another five years amid uncertainty over government debt in the region.

Magna lifts outlook, dividend after topping forecasts

[2013-03-04 17:34]

Canadian auto parts maker Magna International Inc raised its full-year sales forecast and sweetened its quarterly dividend after a fourth-quarter performance that beat expectations.

Peugeot mulls sharing production with Russian

[2013-03-04 15:11]

French carmaker PSA Peugeot Citroen said it was in talks on sharing vehicle production with Russia's ZIL.

Renault, French unions close to labor deal

[2013-03-04 14:46]

Renault and French unions could clinch a labor agreement within days, as the car maker tries to boost its competitiveness in the face of tumbling sales in its home market.

Former VW executive to head GM's global marketing

[2013-02-26 14:44]

Former Volkswagen executive Tim Mahoney has been named head of global marketing operations at General Motors Co, and CMO of Global Chevrolet.

VW sees record sales in 2012, profits up 2%

[2013-02-25 15:40]

Volkswagen posted its highest-ever operating profit last year as gains from record vehicle sales outweighed costs of an engineering revamp.

Nissan to sell Datsun cars in S. Africa

[2013-02-25 15:22]

Nissan Motor Co will start selling its Datsun brand passenger cars in South Africa next year, to grab more first-time buyers in emerging markets.

GM turns to AT&T for OnStar wireless service

[2013-02-25 15:19]

General Motors Co has chosen AT&T Inc to provide high-speed wireless service for its 2015 car models, dropping its long-term provider Verizon Wireless.

Bosch to boost parts sales to Japanese carmakers

[2013-02-25 14:45]

Germany's Robert Bosch GmbH is seeking to increase its business with Japanese carmakers and take advantage of their plans to increase the common parts.

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