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Daimler strengthens Ford ties with 3-cylinder engine project

May 24, 2013 06:01 CET

Daimler has strengthened ties with Ford after consulting with the U.S. automaker on its three-cylinder turbo gasoline engine, which it is building with Renault for the next Smart and Twingo cars. Daimler and Renault are already collaborating with Ford in the development of fuel cell vehicles. Read More »
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    Former Saab Chairman Muller to be summoned in tax inquiry, report says
    May 23, 2013 09:34 CET | UPDATED: May 23 9:10 CET - adds Muller comments

    A Swedish prosecutor wants to question former Saab Automobile Chairman Victor Muller as part of an inquiry into suspected tax offenses at the automaker, a Swedish newspap ...
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    Marchionne will face gov't pressure to commit to Italy
    May 23, 2013 06:01 CET

    The Italian government plans to meet with Fiat CEO Sergio Marchionne over concerns he's shifting the carmaker and heavy truck manufacturer Fiat Industrial away from the c ...
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    Nissan will recall 841,000 vehicles globally due to steering wheel glitch
    May 23, 2013 09:44 CET

    Nissan will recall about 841,000 vehicles worldwide, including UK-built Micra subcompacts, as a result of a steering wheel glitch that could result in a loss of steering. ...
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    Daimler may sell company-owned German dealerships to cut costs
    May 22, 2013 13:19 CET

    Daimler may sell four company-owned Mercedes-Benz dealerships in Germany to cut costs and help close a profitability gap with rivals BMW and Audi. Daimler owns 98 Mercede ...
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    PSA will close r&d site to reduce spending
    May 22, 2013 09:49 CET

    PSA will shut a French r&d facility as part of a program to reduce spending. ...
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    Opel keeps Bochum logistics center open to fulfill contract
    May 22, 2013 06:01 CET

    Opel will keep a spare-parts distribution center open until 2016 at its plant in Bochum, Germany, as long as two years after car production ends at the site. The plant, w ...
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    Former Saab CEO Jonsson, two other execs arrested on tax charges
    May 21, 2013 13:04 CET | UPDATED: May 21 17:41 CET - suspects released

    Three former Saab executives, including former CEO Jan-Aake Jonsson and Chief Financial Officer Karl-Gustav Lindstroem, were arrested by Swedish prosecutors in an account ...
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    Marchionne apologizes for 'wop engine' comment
    May 21, 2013 17:44 CET

    Fiat-Chrysler CEO Sergio Marchionne has issued a written apology to an Italian-American anti-bias organization for saying that an Alfa Romeo needed a "wop" engine. ...
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    Mercedes workers end strike in S. Africa
    May 21, 2013 10:00 CET | UPDATED: May 21 13:31 CET - Adds analyst comment

    A two-day strike at Mercedes-Benz's East London car plant in South Africa ended following crisis talks between management and a workers union. ...
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    Dongfeng-PSA sales rise 37% in April on new models
    May 21, 2013 08:49 CET

    PSA's China joint venture with Dongfeng Motor Corp. said it increased sales 37 percent last month to 45,303 units helped by strong demand for its stretched Citroen C4 and ...
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    French car orders fall 0.5% in April, survey says
    May 21, 2013 15:06 CET

    The decline in French car orders slowed to 0.5 percent in April, showing signs of stabilization in the auto market, according to a dealership survey by trade publication ...
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    BMW counts on new models to keep U.S. luxury lead
    May 20, 2013 06:01 CET

    Mercedes-Benz led the U.S. premium-brand sales race through April of 2013, but BMW of North America CEO Ludwig Willisch expects BMW to repeat as No. 1 for the year. Willi ...
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    Toyota overtakes BMW as most valuable global car brand
    May 21, 2013 01:15 CET

    Toyota has overtaken BMW as the world's most valuable automotive brand, an annual ranking of the world's top brands shows. Toyota's 2013 brand value rose 12 percent to $2 ...
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    Audi overtakes BMW as India's top-selling premium brand
    May 18, 2013 06:01 CET

    Audi has overtaken BMW as India's top seller of luxury vehicles, and Audi executives say the success is due to the automaker's rapid expansion outside large urban centers ...
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    Muller says Saab period was painful

    Muller says Saab period was painful

    12:01 am U.S. ET | May 23
    NICK GIBBS: Reports say Sweden wants to question former Saab Chairman Victor Muller about suspected tax offenses. Muller defended payments he received from the automaker in a recent inter
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    Europe car sales rise for first time in 19 months

    European car sales rose for the first time in 19 months on strong demand in the UK and a rebound in Germany. Read More »
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    Continental names veteran exec Cramer as China head

    Continental names veteran exec Cramer as China head

    May 20, 2013 11:38 CET
    German supplier Continental has named veteran executive Ralf Cramer to head its operations in China, which it sees as the main driver of its growing...
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    Kia aims to conquer with new Carens

    Kia aims to conquer with new Carens

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    CAR CUTAWAY

    ZF gives new Opel/Vauxhall Zafira fuel-saving steering

    12:01 am U.S. ET | May 1 2013
    ZF Lenksysteme supplies the new Opel/Vauxhall Zafira Tourer's fast-responding, fuel-saving electric power steering system. ZF's so-called Servolectric system is based on the power-on-demand principle.... Read More »
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    2013 Rising Stars