NEWS

Report Makes a Case for Tech-Driven Consolidation

6/23/2015

Slower sales growth for passenger cars and trucks worldwide, coupled with increasing costs to develop emerging vehicle technologies, will drive a new wave of consolidation and strategic partnerships throughout the auto industry, according to AlixPartners LLP.

FCA Plans Big Shift from Takata to ZF TRW for Airbag Inflators

6/23/2015

Fiat Chrysler Automobiles NV is scheduled to tell a U.S.

Tesla: No Delay in Model 3 Launch

6/23/2015

Tesla Motors Inc. disputes a report that the long-touted 2017 debut of the company's $35,000 Model 3 electric sedan has been pushed back to 2018.

Panel: Did Takata Put Profit Before Safety?

6/23/2015

Takata Corp.'s suspension of certain safety audits between 2009 and 2011 may have contributed to the recall of some 34 million of the company's airbag inflators in the U.S., according to a report by the U.S.

China’s Factory Output Stabilizes

6/23/2015

Manufacturing activity in China has now lagged the previous month's pace for since March.

GM Ignition-Switch Fatality Count Rises to 117

6/23/2015

Last week the independent fund set up to compensate victims of defective General Motors Co. ignition switches increased its tally of fatalities by three to 117.

PSA to Add Foreign Sales of C4 Cactus Crossover

6/23/2015

Strong demand for its unusually styled C4 Cactus crossover vehicle has prompted PSA Peugeot Citroen to expand output and target sales outside Europe, Automotive News Europe reports.

New Ram Truck Ups the Torque Ante

6/23/2015

Fiat Chrysler Automobiles NV is increasing the output of its Ram 3500 heavy-duty pickup truck with a Cummins diesel engine to an industry best 900 lb-ft of torque.

Diesel Sales Drop to 5-Year Low in India

6/22/2015

The proportion of new cars sold with diesel engines has declined to 33% in the fiscal year that began March 1 from a peak of 47% in fiscal 2012-2013, The Economic Times reports.

Report: GM Activists Don’t Favor Merger with FCA

6/22/2015

Activist hedge funds are signaling no interest in pushing for a possible merger between General Motors Co. and Fiat Chrysler Automobiles NV, the Financial Times reports.