English Press / Presse anglaise

ZF sells bonds to help finance TRW acquisition

Automotive Business Review - 20 avr. 2015 - 19:37
ZF raised $2.4 billion with the company's first bond sale in its 100-year history to help pay for its acquisition of automotive safety components supplier TRW Automotive Holdings Corp.

Test Drive TV mobile app delivers official car videos to enthusiasts

Automotive Business Review - 20 avr. 2015 - 19:32
A new mobile video app that curates official Web videos posted by automakers on sites such as YouTube and organizes them into individual channels on the app is now live.

Phil Martens out as CEO of aluminum supplier Novelis

Automotive Business Review - 20 avr. 2015 - 18:56
Top aluminum rolled products maker Novelis announced Monday the surprise departure of CEO Philip Martens -- a former rising star executive at Ford -- who helped the India-owned supplier shift toward the automotive sector.

Phil Martens ousted as CEO of aluminum supplier Novelis

Automotive Business Review - 20 avr. 2015 - 18:56
Top aluminum rolled products maker Novelis announced today the surprise ouster of CEO Philip Martens -- a former rising star executive at Ford -- who helped the India-owned supplier shift toward the automotive sector.

Lexus retools ES with bolder looks for U.S., China

Automotive Business Review - 20 avr. 2015 - 17:57
Lexus surveyed customers in China and the U.S. to come up with the more aggressive looks of the refreshed ES sedan that goes into production in the United States later this year.

Lexus revamps ES with bolder looks for U.S., China

Automotive Business Review - 20 avr. 2015 - 17:57
Lexus surveyed customers in China and the U.S. to come up with the more aggressive looks of the refreshed ES sedan that goes into production in the United States later this year.

GM ignition-switch death claims rise by 3 to 87

Automotive Business Review - 20 avr. 2015 - 16:47
The death count from General Motors' faulty ignition switches has reached 87, up three from a week earlier.

Musk nearly sold Tesla to Google in 2013, new book says

Automotive Business Review - 20 avr. 2015 - 16:33
A book titled Elon Musk: Tesla, SpaceX, and the Quest for a Fantastic Future says Musk had a deal with Google's Larry Page to sell Tesla to the technology giant before the electric-car maker saw a turnaround in its fortunes.

PACE Award winners to be announced tonight

Automotive Business Review - 20 avr. 2015 - 16:19
It's showtime for the 2015 PACE Awards. The winners will be announced tonight at a black-tie event at the Max M. Fisher Music Center in Detroit. The 21st annual awards honor innovation in the supplier community.

Western groups find going tough in Russia

Financial Times - 20 avr. 2015 - 14:56
Country is reeling from economic woes linked to western sanctions, falling oil prices, weak currency

Ghosn says China needs to boost incentives to move EVs

Automotive Business Review - 20 avr. 2015 - 13:25
Nissan CEO and EV champion Carlos Ghosn says he is disappointed with electric vehicle sales in China and that the government needs to step up incentives to help the green cars.

Geely takes aim at BMW, Mercedes with plans for sport sedan

Automotive Business Review - 20 avr. 2015 - 12:56
Geely is showcasing a concept sport sedan at the Shanghai auto show this week that was developed by a team led by former Volvo Cars design chief Peter Horbury. The segment is dominated by models like the BMW 3 series and Mercedes-Benz CLS.

JLR says it cannot act on ‘copycat’ claim

Financial Times - 20 avr. 2015 - 12:28
China’s industrial image is at risk, chief executive Ralph Speth warns

China Mulling More EV Incentives in Wake of Poor Sales

China car times - 2 avr. 2014 - 08:12

As electric vehicles sales remain weak, China is considering adding new measures to entice buyers into buying electric and plug-in hybrid vehicles.

It wasn’t long ago that the Chinese government backed away from its plan to gradually reduce EV subsidies (instead opting for much less steep reductions over the next few years). It now appears that the government intends to add more icing to the cake in the form of tax breaks. According to Ma Kai, Vice Premier in the State Council, the Chinese government is considering excepting all “new energy” vehicles from the 10% vehicle purchase tax that normally accompanies the purchase of a new vehicle. This tax cut would come in addition to efforts to further extend the subsidies beyond the Dec 31st end date. More details are due to be released in the coming months.

The 10% tax reduction certainly wont hurt the adoption of alternative energy vehicles in China, but likely will do little to spur demand either. China desperately needs a dramatic and well-publicized effort to roll out a comprehensive national network of charging stations if the government truly seeks to bring electric vehicles to the market in large numbers.

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