English Press / Presse anglaise

Continental Structural Plastics to buy 5 plants from Magna

Automotive Business Review - 18 July, 2014 - 15:28
Continental Structural Plastics signed a definitive agreement to acquire five North American plants from Magna International.

Mitsubishi to recall some 2004-05 Lancer sedans in U.S. with defective Takata airbags

Automotive Business Review - 18 July, 2014 - 14:58
Mitsubishi Motors is recalling cars made with Takata Corp. airbags in Florida, Hawaii, Puerto Rico and the U.S. Virgin Islands. Mitsubishi is one of nine automakers to say it will conduct a recall that includes those areas.

JCI profits fall on restructuring charges

Automotive Business Review - 18 July, 2014 - 13:46
Johnson Controls' fiscal third-quarter earnings slid 68 percent as restructuring and other charges offset a modest rise in revenue.

Airliner was flying in approved airspace

Financial Times - 18 July, 2014 - 13:17
When it disappeared from radar, the aircraft was flying at 33,000ft, just above a 32,000ft ceiling the Ukrainian authorities set on July 14

Maserati to cap global sales at 75,000 vehicles a year

Automotive Business Review - 18 July, 2014 - 12:48
Fiat Chrysler Automobile's luxury Maserati unit will not sell more than 75,000 vehicles globally a year to retain the exclusivity of the Italian brand.

Takata to book $440 million special loss for wave of recalls

Automotive Business Review - 18 July, 2014 - 12:25
Takata will book a special loss of around $440 million in the April-June quarter after several automakers recalled vehicles due to potential problems with the supplier's airbags.

Rolls-Royces and rags mix in Phnom Penh

Financial Times - 18 July, 2014 - 10:53
Carmaker opens in country where annual income barely tops $1,000 and average citizen would need more than quarter of millennium to afford its cars

Electric cars: BMW versus Tesla

Financial Times - 18 July, 2014 - 08:53
As BMW, Porsche and others move further into electric car production, can Tesla afford to share the road with these upscale automakers?

'15 Ford Mustang V-8 to pump out 435 hp

Automotive Business Review - 17 July, 2014 - 18:47
The 5.0-liter V-8 engine in the 2015 Ford Mustang will crank out 435 hp, up from 420 hp, and provide torque of 400 pounds-feet, up from 390 on the current model, the company said today.

Senator accuses GM of ‘stunning’ failure

Financial Times - 17 July, 2014 - 17:16
Legal department failed to alert senior execs of four separate instances where lawyers warned the carmaker could face punitive damages over crashes

ZF can hike offer for TRW as high as $13 billion, report says

Automotive Business Review - 17 July, 2014 - 15:49
ZF Friedrichshafen, moving to acquire TRW Automotive, has been told by lenders that financing is available for a higher all-cash bid which could value the U.S.

Carmakers cheer growth in European sales

Financial Times - 17 July, 2014 - 14:35
Sales are up 6.5% in the first 6 months of 2014, compared with last year, when demand slumped to a two-decade low, according to the ACEA

GM recalled some models with problematic switches; judges others safe, report says

Automotive Business Review - 17 July, 2014 - 13:28
GM last month recalled millions of vehicles with three different designs of ignition switches that could accidentally turn off the engine and disable air bags in a crash.

Chrysler accelerates Jeep repairs

Automotive Business Review - 17 July, 2014 - 13:22
Chrysler Group told federal safety regulators it could add trailer hitches to recalled Jeep SUVs by March, much sooner than the several years estimated by regulators who had urged the automaker to quicken the pace of repairs.

Mazda2 output begins in Japan

Automotive Business Review - 17 July, 2014 - 12:34
Mazda began manufacturing the next-generation Mazda2 subcompact in Japan today and unveiled the first pictures of the production model.

AutoNation's Q2 net rises 12% on 8% revenue gain

Automotive Business Review - 17 July, 2014 - 12:30
AutoNation posted a double-digit gain in second-quarter net income but fell shy of analysts' profit expectations as digital investment drove expenses higher.

Man City scores Nissan sponsorship deal

Financial Times - 17 July, 2014 - 12:26
English Premier League champions milk on-pitch success after Nissan signs a five-year deal to become global sponsor of its worldwide clubs

Fiat, VW deny report that they are in merger talks

Automotive Business Review - 17 July, 2014 - 10:49
Volkswagen AG, Fiat S.p.A. and Fiat's controlling shareholder all denied a German magazine report today that the German and Italian automakers have discussed a possible merger.

Fiat draws takeover interest from VW, report says

Automotive Business Review - 17 July, 2014 - 10:49
VW has approached rival Fiat about a possible merger, Germany's Manager Magazin reported today, citing unnamed company sources.

European car sales rise 4%, boosted by incentives

Automotive Business Review - 17 July, 2014 - 09:09
European car sales rose 4 percent in June as an economic recovery in southern Europe, new product launches and retail incentives boosted demand for mass-market brands.
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