Panasonic Investing "Tens Of Billions" Of Yen In Tesla Gigafactory
Just how much will Panasonic throw down on the table when it comes time to invest in Tesla’s new Gigafactory near Reno, Nev.? According to CEO Kazuhiro Tsuga, “tens of billions” of yen.
Cadillac Boss Unveils Portfolio Revitalization Plan For 2020
First, there was the move. Then, there was the CT6. Now? Cadillac boss Johan de Nysschen unveils a blitzkrieg bop of a product roadmap, all set to be fulfilled by 2020.
Interbrand: Toyota Most Valuable Global Automotive Brand
Aside from giving away FCVs at environmental media award celebrations, Toyota is Interbrand’s most valuable automotive brand on its Best Global Brands list, moving from No. 10 to No. 8 overall in 2014.
Marchionne: New No. 1 Manufacturer Could Arise From Mergers
Fiat Chrysler Automobiles CEO Sergio Marchionne — who will be retiring from the company after the next five-year plan runs its course after 2018 — believes mergers between automakers will one day result in a new No. 1 automaker.
Aston Martin Gains Some Footing In 2013
Aston Martin saw its pretax loss fall by a third in 2013 to £25.4 million ($41 million) over the same period in 2012.
Chinese-Built Volvo S60L Bound For US Market In 2015
CEOs and senior execs going on shopping runs to Staples may soon be able to leave their MKTs at the parking garage when the Chinese-made Volvo S60L arrives next year.
Honeywell: US Turbo Market To Double By 2019
Once the biggest thing in the auto industry in the 1980s, turbocharging is back and screaming for vengeance, with the United States market expected to see double the boost pressure over the next five years.
Manley: Jeep Grand Wagoneer On Its Way
Town & Country PHEVs not your bag? Jeep’s Mike Manley might have a Grand Wagoneer waiting for you in late 2015 for the 2016 model year.
Buick Envision Bound For US Market By Q3 2015
While the Chinese have Buick’s latest crossover, the Envision, to themselves for now, a plan is in the works to bring it over to the United States by Q3 2015 at the earliest.
Paris 2014: 2016 Audi TT Roadster Bows
You’ve seen the Audi TT Sportback. Now, it’s time for the 2016 Audi TT Roadster to shine at the 2014 Paris Auto Show.
Paris 2014: Land Rover Discovery Sport Arrives
Soon to replace the LR2, the Land Rover Discovery Sport arrived today at the 2014 Paris Auto Show.
Paris 2014: Revised 2015 Ford C-Max Debuts
The Astonization of Ford continues, this time with the newly revised 2015 C-Max, bowing at the 2014 Paris Auto Show.
Paris 2014: Mitsubishi Outlander PHEV Concept-S Unveiled
Mitsubishi has taken its Outlander PHEV upscale with the debut of the Concept-S at the 2014 Paris Auto Show.
Paris 2014: Infiniti Q80 Unveiled, Headed For Production
Within the next three to five years, the Infiniti Q80 Inspiration will go from concept to the production floor.
Paris 2014: 2015 BMW X6 Revealed
Now capable of doing burnouts, the second-gen BMW X6 arrived at the 2014 Paris Auto Show with RWD for the first time.
Paris 2014: Kia Unveils Updated 2016 Sorento
Behold the new face of the 2016 Kia Sorento as revealed at the 2014 Paris Auto Show.
First 4,000 2015 Nissan Rogues Leave South Korea For NAFTA Market
Right now, 4,000 2015 Nissan Rogues are on their way from South Korea to North America, supplementing production of the crossover in Smyrna, Tenn. as part of an agreement signed between Renault Group, Nissan and Renault Samsung Motors in 2012.
Daimler Works Council Boss To Meet With UAW In Coming Weeks
Though Daimler senior management has said repeatedly that the decision to organize the MBUSI plant in Tuscaloosa, Ala. was up to the workers on the floor, Daimler works council boss Michael Brecht is heading there in a few weeks to explore the possibility with the United Auto Workers.
Chrysler Recalls 349K MY 2008 Units Over Ignition Issues
Owners of a handful of MY 2008 DaimlerChrysler products now have one thing in common with those who own certain General Motors models: An ignition-related recall.
Future Of Auto Industry Linked To Silicon Valley
As companies like Google, Tesla and Uber seek to reshape the auto industry in their own ways, more automakers and suppliers are beating a path toward Silicon Valley and the Center for Automotive Research Stanford to help adapt to the new reality.
Toyota Camry To Have Aluminum Hoods By 2018
As Ford prepares to stake its future on an aluminum F-150, Toyota is looking to do the same for at least a single part on its best-selling vehicle.
Potential Second-Gen Jaguar XF Caught Testing In The Wild
Now that Jaguar bestowed the XE upon the world, the automaker’s engineers and designers are turning toward updating the XF as the first generation draws closer to the end.
Cadillac Flagship Sedan May Not Officially Bear LTS Name
What’s in a name? A lot, if you’re Cadillac. Though the brand’s green-lit flagship F-segment sedan bears the internal codename LTS, it likely won’t keep the name when the 7 Series/S-Class fighter makes its debut next year.
Geely FIA-Certified To Supply Engines For Global Formula 4 Series
While Formula 1 fans contend with the new, quieter turbo era — a result of rule changes regarding power for the 2014 season — Chinese Formula 4 fans may be celebrating in the stands next year when Geely-powered competitors roar off the starting line.
Mercedes Increases Production To Meet US CLA Demand
[AUTHOR’S NOTE: I erroneously reported production would be increased at MBUSI in Vance, Ala. alongside the Hungary facility. That’s what I get for reading the dateline and interpreting things as such. My apologies. — CA]
With demand still strong and supply still tight months later, Mercedes-Benz is pumping up production capacity to bring more CLAs to showrooms in the United States.
Real-Time Mapping Key To Autonomous Travel
Like famed explorers Lewis & Clark, Amerigo Vespucci and Dora, autonomous vehicles will be at the mercy of whatever maps are available as they navigate the uncharted technological waters of the United States and beyond.
Delphi Confirmed ITS Technology Supplier For Cadillac
Earlier this week, General Motors CEO Mary Barra announced that Cadillac would be the first of her company’s brands to receive V2V and V2I technologies, which would be introduced in the 2017 CTS and the unnamed F-segment flagship recently green-lighted.
Today, we know who will be supplying those technologies: supplier Delphi.
Ferrari's Annual Output To Increase Under Marchionne
With the departure of Luca Cordero di Montezemolo from Ferrari, Fiat Chrysler Automobiles CEO Sergio Marchionne will become the premium brand’s chair next month, with the first order of business being to increase output to satisfy more demand.
Volkswagen: Hydrogen Will Struggle Outside of Japan
While Toyota and the administration of Japan Prime Minister Shinzo Abe are going all in on hydrogen, Volkswagen Group Japan President Shigeru Shoji proclaims FCVs will struggle to make headway elsewhere.
Tesla, Toyota May Develop New Project Within Three Years
Though Toyota and Tesla have, to paraphrase Fleetwood Mac, gone their own way while their RAV4 EV project draws to a close, Tesla CEO Elon Musk says he sees his company working with Toyota in two to three years’ time.
Mahindra Seeking Alliances With Global Players
Despite its struggles in its native market — and, perhaps, because of said struggles — Mahindra & Mahindra is seeking to build alliances with a trio of automakers to develop its global presence.
Daimler: Unionization Is For The Employees To Decide
Despite allegations to the contrary, Daimler AG chair Dieter “Dr. Z” Zetsche says his company remains neutral on the subject of unionization in regards to the Mercedes factory in Vance, Ala.
Future Of Industry, Mobility To Be Shaped At Detroit Tech Conference
Part of the automobile’s future may be linked to concerns of safety, fuel efficiency and the environment, but connected- and autonomous-vehicle technologies, among other disruptors, look to flip the table on the century-old game as the 21st World Congress on Intelligent Transport Systems gets underway this week in Detroit.
Toyota Focused More On Safety Over Vehicle Autonomy
Though Google was more than happy to turn a few Prii into autonomous test beds, Toyota doesn’t see much of a future for autonomous vehicles from the tech giant or Toyota’s competitors.
General Motors Looks To Cameras To Solve Distracted Driving
Until the overlords at Google bestow their technocratic utopia of automation to every new vehicle leaving the factory, distracted driving will remain a problem in need of a solution, such as the one General Motors has in mind.
2016 Mazda MX-5 Miata Unveiled
This is it: The 2016 Mazda MX-5 Miata unveiled for all to behold.
North Korea Owes Sweden $428M For 1,000 Volvos Swindled In 1974
Forty years ago, the North Koreans and the Swedes entered into an agreement where the latter’s socialist and industrialist interests aimed to bring recognition to the former’s regime while filling its pockets from the country’s mining industry. Part of this agreement included 1,000 Volvo 144 GLs, which were meant to be paid in copper and zinc.
But that was 40 years ago.
Ide: Apathy, Not Policy, Is Behind GM's Japanese Blues
Though General Motors is finding big success in China among its brands, the automaker is still a bit player in Japan, and not because of so-called nontariff hurdles.
Volvo Restructuring To Three Families, Configurations By 2019
By 2019, the face of Volvo will change as the Sino-Swedish automaker begins restructuring its offerings, with the new XC90 leading the way.
Kia Set To Build "Range" Of Compacts At Monterrey Plant In 2016
Kia announced Wednesday that it plans to build “a range of yet-to-be confirmed compact models” at its new plant in Monterrey, Mexico after Job 1 production begins in H1 2016.
Russian Government Considering Revival Of Cash For Clunkers Program
In an effort to combat plunging auto sales, the Russian government is deliberating on a decision to bring back its cash for clunkers program, last seen sending Ladas, Volgas and GAZs to the crusher back in 2010.
Artificial Leaves Key To Lowering Hydrogen Fuel Production Costs
For all of the incentives thrown in front of the upcoming Toyota Mirai, the automaker believes fueling the FCV will remain an expensive proposition in the near-term. That is, unless new hydrogen production technologies do for fuel cells what petroleum technology did the for the ICE.
Cadillac Considers Shifting Some Operations To NYC
As part of brand boss Johan de Nysschen’s overall plan to boost its image outside of the United States, Cadillac is considering moving some of its functions to New York City.
Sixt-BMW DriveNow Partnership Exceeds Membership Expectations
Germany-based rental car company Sixt SE announced its DriveNow car-sharing venture with BMW has exceeded expectations, with profits to match.
Looming Retaliatory Sanctions Threaten Western Automakers In Russia
Automotive exports from European and American manufacturers may suffer sanctions by Russia in retaliation for more sanctions imposed upon by the European Union and the United States.
Report: Hydrogen Gaining Ground On Electricity Within Four Years
Though EVs currently hold the high ground in the zero-emission vehicle market, a new report claims those vehicles will be giving ground to hydrogen in the near future.
Ford Do Brasil Unveils New Ka Hatchback, Sedan For Global Markets
Last week, Ford do Brasil unveiled the new Ka and Ka+, set to be built and sold (almost) worldwide in short order.
Volvo Teases New XC90 Ahead Of Late August Unveiling
Near the end of this month, Volvo will fully unveil its Mjönir-eyed second-generation XC90, the first vehicle in the Sino-Swedish automaker’s lineup to use its Scalable Product Architecture.
Subaru Eyes Le Mans, Has None For Compact Crossovers
If any of you were hoping for a small crossover underneath the Subaru XV Crosstrek, you may breath now. The Pleiades-bedecked automaker has no plans for such a thing, as it has its sights on the Mulsanne Straight.
Application Of Anti-Monopoly Law On Transplants Raise Chinese Protectionism Concerns
A number of antitrust probes into companies such as Microsoft, Audi and Chrysler may be hinting at China’s preference for domestic firms over the transplants.
Tesla-Toyota Relationship On Hold After Rocky RAV4 EV Program
Just four years ago, Tesla and Toyota entered into a relationship where the former would supply battery packs for the latter’s RAV4 EV. In turn, Toyota invested $50 million in Tesla, and sold the NUMMI facility — which Toyota once shared with General Motors — for $42 million. Things have changed, in the sage words of Bob Dylan.
Report: Global Fuel Consumption To Decline 4 Percent By 2035
Though peak oil usually refers to when production reaches the highest point it’ll ever see before coasting back down to the same level once experienced in the 1800s, a new report reveals a different oil peak will come in the next few years: the total product consumed worldwide.
Local, Federal Officials Begin Work On Connected, Autonomous Vehicle Regulations
Connected and autonomous vehicles are slowly but surely coming into reality, enough time for local and federal authorities to come up with solutions to solve issues of privacy and safety.
US-Korea Free Trade Agreement Results Darken Trans-Pacific Partnership
Two years after the Obama administration heralded its free trade deal between the United States and South Korea, the latter’s market remains relatively closed to the former’s exports.
Panasonic, Tesla Enter Into Gigafactory Agreement
It’s official: Panasonic and Tesla have signed an agreement regarding their partnership involving the Gigafactory.
Marchionne: Alfa Romeo Still Not For Sale
Fiat Chrysler Automobiles CEO Sergio Marchionne is open to forming new alliance with other automakers as far as cost-savings are concerned, but he maintains that Alfa Romeo is not for sale.
Panasonic, Tesla Enter Into Production Equipment Agreement
It’s almost official: Panasonic and Tesla will enter into a basic agreement where the former will supply the latter with battery-production machines for the automaker’s up-and-coming Gigafactory.
Kia In Talks With Mexican Officials Over $1.5B Nuevo Leon Plant
With the need to increase supply to meet U.S. demand, Kia is in talks with Mexican officials about building a new factory in the country.
Latest GM Recall Woes Hurt Q2 Results
In today’s General Motors digest: The automaker takes it on the chin in its quarterly report; the analysts have their say; GM Korea could allow its workers to build the next Cruze if only they would put down the picket signs; 45 attorney generals are investigating the February 2014 recall; and CEO Mary Barra will be the keynote speaker for a connected-vehicle forum.
Galhotra Takes The Reins As Lincoln's New President
As one of his first major moves since becoming CEO, Ford’s Mark Fields named vice president of engineering Kumar Galhotra as president of Lincoln, effective September 1.
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