NEWS

India’s Auto Parts Industry Could Reach $115 Billion by 2021

12/3/2014

India's auto components industry will triple to $115 billion over the next seven years, predicts Edelweiss Financial Services Ltd.

November Car Sales Slip in German, France

12/3/2014

Car sales in Germany and France declined in November, but demand grew in Italy and Spain, according to government and trade group data.

GM Reports Record November Sales in China

12/3/2014

General Motors Co. and its joint ventures in China sold a record 310,100 vehicles in November, up 5% from the same month last year.

Spyker Files for Financial Protection

12/3/2014

Dutch supercar maker Spyker Automobiles BV has filed for financial restructuring and amnesty from its creditors as it again struggles to avoid collapse.

NHTSA Frustrated by Takata’s Response to Airbag Recall Order

12/3/2014

The National Highway Traffic Safety Administration describes as "disappointing" Tuesday's response by Takata Corp. to the agency's order to expand U.S. recalls of airbag inflators the agency says could explode.

RV Sales Up 9% This Year

12/3/2014

Sales of recreational vehicles in the U.S. through October grew 9% to 303,700 units, the highest volume for the month in 38 years, according to the Recreational Vehicle Industry Assn.

Renault, PSA Challenge France’s Plan to Phase Out Diesels

12/2/2014

PSA Peugeot Citroen and Renault SA say the French government's plan to discourage diesel-power passenger vehicles is ill conceived and won't improve air quality.

Trucks Drive 5% Gain in U.S. Vehicle Sales

12/2/2014

Sales of cars and light-duty trucks in the U.S. climbed to 1.30 million units in November from 1.25 million a year earlier, according to Autodata Corp.

NHTSA Narrows Plans for National Recall for Takata Airbags

12/2/2014

The National Highway Traffic Safety Administration is pushing ahead with its demand that 10 carmakers expand their regional recalls of driver-side airbag inflators made by Takata Corp.

Merkel to Push for More EV Incentives

12/2/2014

Chancellor Angela Merkel says Germany must offer more incentives to reach its goal of putting 1 million electric cars on the road by 2020. "We see that further subsidies are necessary," she tells reporters in Berlin.