English Press / Presse anglaise

Hertz to restate results, change fleet-purchase strategy

Automotive Business Review - 14 nov. 2014 - 20:22
Hertz said today it will revise financial statements from 2011 through 2013 and continue a review that has found $87 million of errors so far.

Cadillac inks lease on its NYC headquarters

Automotive Business Review - 14 nov. 2014 - 20:04
Cadillac has chosen a space in New York for its new global headquarters, after coming under fire in September for its plan to move away from General Motors' Detroit headquarters, real estate companies for the automaker said Thursday.

Week in Review, November 15

Financial Times - 14 nov. 2014 - 19:05
Goldman promotion round; also news on YouTube, Ford and G4S

Executives from Japan's NSK, Jtekt indicted in U.S. for price-fixing

Automotive Business Review - 14 nov. 2014 - 18:42
Two more executives from Japanese auto suppliers have been indicted as part of the Justice Department's long-running investigation into price-fixing in the auto parts industry, the government said today.

Hertz to restate further years of results

Financial Times - 14 nov. 2014 - 17:36
Shares down 10% as financial uncertainty hangs over group

Hyundai's U.S. marketing boss Shannon steps down

Automotive Business Review - 14 nov. 2014 - 16:20
Hyundai Motor America marketing chief Steve Shannon, the General Motors veteran who joined Hyundai in 2011 to help the Korean brand continue its ascendance in the United States market, has parted ways with the company.

JLR remains bullish on China

Financial Times - 14 nov. 2014 - 15:22
British brand boosts results of parent Tata Motors

JLR workers threaten industrial action

Financial Times - 14 nov. 2014 - 12:40
Union rejects pay offer of 14 per cent over three years

Ford taps independent software developers

Automotive Business Review - 14 nov. 2014 - 08:23
Ford is betting on open systems and the innovative capabilities of external software developers in its vehicle connectivity strategy, said Barbara Samardzich, Ford of Europe's COO.

Ford's European sales up 8% on UK, Italy

Automotive Business Review - 14 nov. 2014 - 06:01
Ford increased European car sales by 8 percent in October, its fifth straight monthly gain, as it benefited from double-digit growth in the UK and Italy. Overall 10-month sales also rose 8 percent.

Mercedes, Mini top J.D. Power sales satisfaction rankings

Automotive Business Review - 14 nov. 2014 - 06:01
Mercedes-Benz ranked highest in sales satisfaction among luxury brands in the J.D. Power 2014 U.S. Sales Satisfaction Index Study released today. For a fifth consecutive year, Mini ranks highest among mass-market brands, with a score of 727.

Former GM engineer at center of recall crisis says 'I did my job the best I could'

Automotive Business Review - 14 nov. 2014 - 06:01
The General Motors engineer often identified as responsible for a faulty ignition switch that has been linked to 32 deaths said "I did my job the best I could" in his first public comments since GM recalled 2.

China Mulling More EV Incentives in Wake of Poor Sales

China car times - 2 avr. 2014 - 09:12

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.

1 janv. 1970 - 01:00
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