English Press / Presse anglaise

Kia to build Forte compact at new plant in Mexico, report says

Automotive Business Review - 27 August, 2014 - 19:59
Kia plans to initially produce the Forte compact at its long-anticipated plant in Mexico, sources told Reuters today. Kia also is considering building the Sportage SUV at the plant.

BMW joins Cadillac wooing Silicon Valley to combat Tesla

Automotive Business Review - 27 August, 2014 - 19:24
BMW scored a coup this month when former Apple executive Tony Fadell became one of the first owners of the new $136,000 i8 plug-in sports car in the United States.

Subaru casts wider net with safer, greener WRX

Automotive Business Review - 27 August, 2014 - 18:42
Subaru hopes the redesigned WRX line will capture a wider customer base with better fuel economy and safety features after spinning off the nameplate from its Impreza stablemate.

Sales rate to top 16 million for 6th month in a row, analysts predict

Automotive Business Review - 27 August, 2014 - 17:46
Auto sales volume in the United States is expected to keep rolling along in August, with two independent forecasters predicting a sixth straight month of 16 million-plus selling rates. TrueCar predicts a seasonally adjusted annual selling rate of 16.

GM details plans for SRX, engine production in Tenn.

Automotive Business Review - 27 August, 2014 - 16:45
General Motors said today it will invest $185 million to make small engines at its Tennessee assembly plant, while relocating production of the next-generation Cadillac SRX to that factory from a facility in Mexico.

Spiders hooked on gasoline fumes cause another recall, this time for Suzuki

Automotive Business Review - 27 August, 2014 - 16:06
Spiders drawn to gasoline vapors and weaving webs that block a hose to vent those vapors have caused Suzuki Motor of America to recall about 19,000 Kizashi midsize sedans from the 2010-13 model years.

Daimler settles dispute with UAW over retiree medical benefits for $480 million

Automotive Business Review - 27 August, 2014 - 11:55
Daimler will pay $480 million to settle a dispute with the UAW over medical benefits for retired employees of its North American trucks business, U.S. court records show.

Daimler settles dispute with UAW retirees over medical benefits for $480 million

Automotive Business Review - 27 August, 2014 - 11:55
Daimler will pay $480 million to settle a dispute with the UAW over medical benefits for retired employees of its North American trucks business, U.S. court records show.

GM ignition switch fund receives claims for more than 100 deaths

Automotive Business Review - 27 August, 2014 - 11:34
A program to compensate victims of crashes linked to a faulty ignition switch in General Motors vehicles has received claims for 107 deaths as of Tuesday, according to a spokeswoman for the lawyer overseeing the program.

GM ignition switch fund receives claims for more than 100 deaths

Automotive Business Review - 27 August, 2014 - 11:34
A program to compensate victims of crashes linked to a faulty ignition switch in General Motors vehicles has received claims for 107 deaths as of Tuesday, according to a spokeswoman for the lawyer overseeing the program.

AvtoVAZ aims to win back market share to return to profit, CEO Andersson says

Automotive Business Review - 27 August, 2014 - 09:54
AvtoVAZ plans to return to profit by cutting costs and rolling out new models to claw back market share that has been slipping away from the producer of Lada vehicles since the end of the Soviet Union.

Kia to unveil plans for assembly plant in Mexico, sources say

Automotive Business Review - 26 August, 2014 - 23:14
Kia will announce plans Wednesday to construct an assembly plant in Mexico, its first in the country, according to two sources with knowledge of the matter.

Dollie Cole, spirited, outspoken wife of former GM president, dies at 84

Automotive Business Review - 26 August, 2014 - 20:14
Dollie Cole, the colorful, outspoken widow of former GM President Ed Cole and a leading champion of the National Corvette Museum, has died.

Dollie Cole, outspoken wife of former GM president, dies at 84

Automotive Business Review - 26 August, 2014 - 20:14
Dollie Cole, the colorful, outspoken widow of former GM President Ed Cole and a major champion of the National Corvette Museum, died Aug. 24 in Lockhart, Texas. She was 84.

China Mulling More EV Incentives in Wake of Poor Sales

China car times - 2 April, 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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