NEWS

Volkswagen Announces Two New Assembly Plants in China

7/8/2014

Volkswagen AG plans to spend $2.7 billion to erect car plants in Qingdao and Tianjin, China.

Bill Ford: Today's Transportation Model “Not Sustainable”

7/8/2014

The notion of a car for everyone is not a sustainable transportation option, says Ford Motor Co.

Audi on Track for Another Record Sales Year

7/8/2014

Audi AG, which has posted its best first-half sales total ever, predicts its full-year volume in 2014 will surpass last year's record 1.58 million units.

Mazda Plans Recall of Takata Airbags in China

7/8/2014

Chinese regulators say Mazda Motor Corp. is preparing to recall 42,700 Mazda6 sedans in the country to replace faulty airbag inflators.

Kia Ponders Mexican Assembly Plant

7/8/2014

Kia Motors Corp. says it is considering Mexico as a location for an assembly plant to supply cars for the Americas.

PSA Boosts Sales Target for China

7/8/2014

PSA Peugeot Citroen says a 24% jump in demand for its cars in China has prompted the company to boost its full-year forecast for the market by about 50,000 units.

Hyundai Sued in Korea Over Mileage Claims

7/8/2014

Hyundai Motor Co. has been sued in Seoul by 1,500 owners of its diesel-powered Santa Fe SUVs, who claim the company overstated the fuel efficiency of the vehicles.

Car Sales in China Continue Strong Growth

7/8/2014

Demand for passenger vehicles in China, which rose 13% in May, climbed 14% to 1.47 million units in June, the country's Passenger Car Assn. reports.

Volkswagen Will Add Two More Assembly Plants in China

7/8/2014

Volkswagen AG and Chinese partner FAW Group Corp. plan to spend a combined €2 billion to erect car plants in Qingdao and Tianjin, China.

Renault Sales Rise 5%

7/8/2014

Renault Group reports sales of 1.37 million cars and light commercial vehicles worldwide in January-June compared with 1.30 million in the first half of 2013.