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THE WEEK THAT WAS - Mexican Ford paints target around Prius12 Feb 16

This week's most-read story on just-auto may well have rattled US auto workers and it looks like Ford's plan is to rattle Toyota - building a rival for the Prius, just redesigned, in a new factory sou...read more


AvtoVAZ defiant despite FY US$311m operating loss12 Feb 16

AvtoVAZ is insisting its "anti-crisis measures" will see it through the current extremely challenging economic storm battering Russia as the Togliatti automaker announced a 2015 operating loss of RUB2...read more


FCA reveals new minivan project cost12 Feb 16

Fiat Chrysler Automobiles has revealed how much it spent readying a Canadian factory for its new minivan line....read more


BorgWarner earnings down 11% in Q412 Feb 16

BorgWarner has reported fourth quarter net income of US$125m, almost 11% down on the previous year’s total. However Q4 net sales were US$2,123m in the quarter, up 6.6% from the previous year....read more


VW takes a January sales hit in Europe12 Feb 16

Analysis of the ‘Big 5’ national European car markets by JATO shows that the Volkswagen brand took a hit in the January market as it suffered a sales fall in a growing market....read more


Daimler's Mercedes sales chief reportedly to head R&D12 Feb 16

Daimler's Mercedes-Benz Cars sales and marketing chief Ola Kaellenius will move to head of research and development, German media reports said....read more


Renault unveils full-year profit up 44% to EUR2.3bn12 Feb 16

Renault has posted full-year group operating profit up 44% to EUR2.3bn (US$2.6bn), while revenue rose 10.4% to EUR45.3bn....read more


Faurecia posts full-year sales up 10% to EUR20.7bn12 Feb 16

Faurecia has recorded annual sales increasing 9.9% to EUR20.7bn (US$11.2bn), with operating income of EUR913m, up 35%....read more


White the new silver for UK car buyers12 Feb 16

White retained its position in 2015 as the UK’s most popular new car colour for the third consecutive year, according to the Society of Motor Manufacturers and Traders (SMMT), with demand growing 2.2%...read more


Mazda starts building redesigned CX-9 SUV12 Feb 16

Mazda Motor Corporation has commenced production in Japan of the redesigned CX-9 three-row mid-size crossover at its Ujina Plant No. 1 in Hiroshima....read more


Geneva premieres list - 6.6-litre BMW world debut12 Feb 16

A new range topping version of the BMW 7 Series will be a world premiere at the Geneva motor show. The M760Li xDrive is powered by a 441kW/600hp 6.6-litre biturbo V12 engine....read more


2016 Chicago auto show - world premieres lists12 Feb 16

Chevrolet, Kia, Nissan, Ram and Toyota all had vehicle world premieres at this year's Chicago auto show....read more


Honda to build two hybrids in China11 Feb 16

Honda Motor plans to assemble hybrid vehicles in China as emissions regulations tighten, according to a Japanese media report....read more


GM to resume operations in Egypt11 Feb 16

General Motors is to restart operations in Egypt on Sunday after temporarily halting operations earlier this week due to its inability to source dollars amid the country's currency crisis....read more


Toyota to build another hybrid in 'Europe'11 Feb 16

Toyota Motor Europe is to add hybrid vehicle production at a third 'European' plant and build the powertrain in England....read more


Tesla reports higher losses in Q411 Feb 16

Tesla Motors has reported an unexpectedly large loss of US$320m for the fourth quarter as it incurred higher operating costs related to new model development...read more


Toyota explores hydrogen to power factories11 Feb 16

Toyota will begin tests of hydrogen as a power source at production facilities as early as this year, according to reports in Japan. ...read more


Mitsubishi wants in on Philippines CARS programme11 Feb 16

Mitsubishi Motors Corporation (MMC) has announced it would participate in the CARS Program (Comprehensive Automotive Resurgence Strategy Program) in the Philippines....read more


Philippine sales rise 28% in January11 Feb 16

New vehicle sales in the Philippines rose by 27.6% to 23,808 units in January compared with 18,662 units in the same month of last year, according to a report released jointly by the Chamber of Automo...read more


PSA silent on IKCO "damage" payment claims11 Feb 16

PSA Peugeot Citroen is staying tight-lipped on an extraordinary statement issued by Iranian partner, IKCO in which the Tehran-based automaker makes a startling series of claims with regards to 'compen...read more


GM's Opel promises Europe a "revolutionary" battery EV11 Feb 16

General Motors' European unit Opel said it would launch "a revolutionary" new battery electric car next year as part of its plan to launch 29 new models between 2016 and 2020....read more


Takata airbag recall to cost Daimler EUR340m10 Feb 16

Daimler is to recall around 840,000 vehicles to check for potentially faulty Takata airbags in a move the automaker expects will cost about EUR340m....read more


BMW group books record January sales10 Feb 16

Following a fifth consecutive year of record sales in 2015, BMW Group started 2016 with a record setting January, boosting sales 7.5% year on year to 152,879 cars....read more


BMW building new parts centre in Thailand10 Feb 16

BMW is spending THB220m (US$6.3m) on a new national parts distribution centre in Bang-Na, on the outskirts of the Thai capital Bangkok....read more


FKG bangs supplier drum for more Sweden automakers10 Feb 16

Scandinavian automotive supplier association, FKG, insists it is "realistic" to attract further carmakers to Sweden, citing its highly developed component base and the success of the UK in establishin...read more


Nissan posts net income up 33.7% in first three quarters fiscal10 Feb 16

Nissan has announced financial results for the 9-month period ending December 31 that showed net income of 452.8 billion yen, up 33.7%, as strong demand in North America and Western Europe offset weak...read more


Motherson Sumi posts 21% rise to Q3 net income10 Feb 16

India-based automotive components maker Motherson Sumi Systems has posted a 21% jump in third-quarter net income, boosted by higher sales in global operations helped by increased production capacity....read more


Wabco acquires Trans-Safety Locks business10 Feb 16

Wabco says it has acquired the business of Trans-Safety Locks, a security solutions provider for the transportation industry in Europe....read more


Wrist smartphone speeds Ford quality checks10 Feb 16

Ford has developed a 'wearable device', connected to a smartphone app, to help production line workers make faster and more accurate quality checks on new vehicles....read more


FKG kicks off South Carolina supplier tour in Charleston9 Feb 16

Scandinavian automotive supplier association, FKG has started its South Carolina Go Global initiative with visits to US component manufacturers, infrastructure providers and OEMs....read more


Venezuela hits Goodyear 2015 results but outlook stronger9 Feb 16

Goodyear's fourth quarter 2015 sales were $4.1bn, compared to $4.4bn a year ago after a $339m exchange rate hit. But operating income rose 33% to $476m due to materials cost savings and higher tyre vo...read more


ArcelorMittal sells 35% Gestamp stake for US$932m9 Feb 16

ArcelorMittal says it has sold its 35% stake in Gestamp Automoción to majority shareholder, the Riberas family, for a total cash consideration of EUR875m (US$982m)....read more


GM open to hybrid tech partnerships9 Feb 16

General Motors could be open to partnerships with other OEMs to help push up volume and share cost on its Volt powertrain technology....read more


Kwid and Brazilian Captur are Renault’s best bets9 Feb 16

Renault Brazil would prefer to launch the Captur first ahead of the Kwid to take advantage of a wave of compact SUVs in a segment likely to become the second most important in Brazil this year and sec...read more


VW Group quality chief leaves9 Feb 16

Volkswagen Group’s quality chief, Frank Tuch, is leaving the company at his own request to assume new responsibilities elsewhere....read more


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