English Press / Presse anglaise

Hyundai Motor to use cash to fund $10 billion land deal

Automotive Business Review - 16 October, 2014 - 14:17
Hyundai Motor and its two affiliates will use cash to fund their 10.6 trillion won ($10 billion) purchase for a land site in Seoul, raising concern the companies will reduce shareholder payouts.

Volvo will add jobs, boost production in Sweden

Automotive Business Review - 16 October, 2014 - 12:45
Volvo said it will add 1,300 jobs and a third shift at its plant in Sweden next year to meet rising demand for its cars, including the new flagship XC90.

Ford may join VW in selling plug-in hybrids in Europe

Automotive Business Review - 16 October, 2014 - 07:01
Ford may join rival Volkswagen by introducing plug-in hybrid models in Europe. Ford already sells plug-in versions of its Fusion and C-Max in the United States, but the company hasn't launched plug-ins in Europe because of low demand.

Honda starts audit of injury, death reports to U.S. regulator

Automotive Business Review - 15 October, 2014 - 23:15
Honda asked a third party to determine whether the automaker underreported fatality and injury claims to federal regulators in the United States who are investigating airbag failures with potentially deadly defects.

Honda accused by watchdog of not reporting all airbag incidents

Automotive Business Review - 15 October, 2014 - 23:15
Honda is being accused by a watchdog group of underreporting injuries and fatalities from defective airbags, hampering a federal government system designed to spot patterns in automotive flaws.

Audi concept to usher in new styling era

Automotive Business Review - 15 October, 2014 - 21:08
Audi will introduce a new design direction with a concept car debuting next month at the Los Angeles Auto Show.

GM sued for $10 billion over losses on 27 million recalled cars

Automotive Business Review - 15 October, 2014 - 20:43
General Motors was hit with its biggest lawsuit so far over serial recalls, brought on behalf of drivers of 27 million vehicles seeking more than $10 billion in compensation for fallen car prices.

GM sides with U.S. wireless carriers in net neutrality fight

Automotive Business Review - 15 October, 2014 - 20:32
GM has emerged as a heavyweight ally of the wireless carriers battling against stricter Internet traffic rules, with a new letter that linked the issue to wirelessly connected cars.

Anti-Tesla bill reaches Michigan governor's desk

Automotive Business Review - 15 October, 2014 - 19:50
Legislation that would prevent Tesla Motors from directly selling its EV lineup in Michigan has cleared the state's legislative chambers and is awaiting the signature of Republican Governor Rick Snyder. The deadline to sign the bill is October 21.

TrueCar offers upfront pricing on document fees, dealer-added accessories

Automotive Business Review - 15 October, 2014 - 18:46
TrueCar, bidding to increase transparency of vehicle transaction costs, said its 9,000 dealer franchisees agreed to reveal all vehicle accessory and nongovernmental document fees when guaranteeing prices to TrueCar shoppers

Audi tests driverless car technology at 190 mph

Automotive Business Review - 15 October, 2014 - 18:44
In its effort to bring autonomous-driving technology to the streets, Audi is testing unmanned vehicles at speeds as fast as 305 kilometers (190 miles) per hour.

Jay Leno signs deal to host new car series for CNBC

Automotive Business Review - 15 October, 2014 - 18:25
Comedian Jay Leno, who was the host of NBC's "Tonight Show" for more than 20 years, will return to television next year to host a new series about cars, the cable network CNBC said today.

Hitachi Automotive readies new autonomous driving technology

Automotive Business Review - 15 October, 2014 - 17:57
Hitachi Automotive Systems is readying a suite of new autonomous driving technologies, including a no-hands self-parking function it plans to market in 2016.

GM's Q3 global vehicle sales up 2% on strong China, U.S. demand

Automotive Business Review - 15 October, 2014 - 17:43
General Motors' global sales rose 2 percent in the third quarter, driven by strong demand in the two largest auto markets in the world, China and the United States.

Toyota recalls another 1.75m cars

Financial Times - 15 October, 2014 - 10:55
Carmaker flags three new faults as it grapples with restoring its dented reputation

Toyota recalls mount as automaker faces increasing scrutiny

Automotive Business Review - 15 October, 2014 - 10:07
Toyota made its fourth global recall involving more than a million vehicles this year, as the world's largest automaker begins operating with stricter supervision over safety from regulators in the United States.

Toyota recalls 1.67 million Toyota, Lexus cars for 3 separate defects

Automotive Business Review - 15 October, 2014 - 10:07
Toyota today issued a major global recall in a voluntary move to address three separate defects including a faulty brake master cylinder that could hinder the brake's performance.

Toyota recalls 1.75 million cars to fix brakes, fuel leaks

Automotive Business Review - 15 October, 2014 - 10:07
Toyota recalled 1.75 million vehicles worldwide to fix flaws in the braking and fuel systems. The Lexus IS, GS and LS luxury sedans and Toyota Auris compact hatchback are among the 10 models being called back.

Lithia expects flat per-unit FandI revenue through 2015

Automotive Business Review - 15 October, 2014 - 07:01
Lithia Motors expects average FandI revenue per vehicle retailed to stay flat through the rest of 2014 and 2015, at the current level of about $1,200 on a same-store basis.

Colorado Ford, Subaru dealer Carlson in line to become '16 NADA chairman

Automotive Business Review - 14 October, 2014 - 23:03
The National Automobile Dealers Association chose Colorado dealer Jeff Carlson as its next vice chairman, putting him in line to become chairman after Bill Fox of New York, who -- as expected -- will be NADA's 2015 chairman.
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