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Fiat Chrysler lays out its plans - what happens next?

4 June 2018 | Glenn Brooks

Jeep and Ram, two brands which are successful mainly in the USA, are expected to account for most of the future profitability of Fiat Chrysler Automobiles at a global level over the next five years. That was the gist of the announcements made at FCA's 'Capital Markets Day'. Although a lot was said at Balocco, many questions concerning the next generation of models for FCA divisions went unanswered.

Punch Powertrain on a rapid growth track

19 September 2017 | Calum MacRae

Punch Powertrain is a transmission supplier that’s creeping up on the rails of the more established suppliers such as Aisin, JATCO and ZF and is providing them with stiff competition. Since 2013 it’s achieved average annual growth of around 50% and has plans to take its capacity from 1.2 million units at the end of this year to over 3 million units by 2020. It’s headquartered at Sint-Truiden in Belgium and is a major supplier of CVTs to Chinese domestic OEMs from its manufacturing plant in Nanjing, China. 

How long will global automakers prop up loss-making Brazil subsidiaries?

27 February 2017 | Fernando Calmon

There was once euphoria in the Brazilian automotive market. Following the 2008/2009 financial crisis, the Lehman Brothers bank bankruptcy and the chain reaction that spread worldwide, auto companies settled here coincidentally commenced to profit enormously. And the order of the day became rescuing indebted parent companies, especially General Motors (at the time in Chapter 11 proceedings), Ford and Fiat.

Here to stay: car2go Europe's assumptions on the future of car sharing

14 December 2016 | Graeme Roberts

Around eight years after a pilot project began in the German city of Ulm, around 14,000 cars belonging to sharing pioneer car2go are now in use in other cities such as Berlin, New York and Chongqing.

Latest interviews

GENEVA INTERVIEW - Nissan Europe SVP of sales and marketing Ken Ramirez

12 March 2018 | Mike Vousden

Ken Ramirez is Nissan Europe's recently appointed senior vice president sales and marketing. We caught up with him at the 2018 Geneva show to talk about the cars on display and the brand's plans for an electrified future.

GENEVA INTERVIEW - Kia Motors Europe's Michael Cole

6 March 2018 | Chris Wright

Kia Motors Europe is cautiously optimistic that it can break through the 500,000 sales barrier this year with numbers already running 6% ahead of last year which ended with 472,000 sales.

Latest news

Mazda to continue diesel development

11 June 2018 | Graeme Roberts

Mazda Motor has said it would continue to develop diesel engines even as an increasing number of global carmakers turn their back on the 125 year old technology.

Geely's Volvo Cars aims for half EVs, half subscription sales by 2025

7 June 2018 | Graeme Roberts

Geely's Volvo Cars has announced new financial and operational goals which, it said, "will position the company as a leading player in the global automotive business by the middle of the next decade".

SinoTruck targets strong overseas growth

14 May 2018 | Staff reporter

China National Heavy Duty Truck Group Corp (CNHTC), one of China’s largest truck manufacturers also known as SinoTruck, is expanding aggressively overseas as it looks to build on its strong domestic market position.

South Korea import sales jump in April

8 May 2018 | Staff reporter

Sales of imported vehicles in South Korea jumped by over 29% to 25,923 units in April from 20,051 units a year earlier, according to data released by the Korea Automobile Importers and Distributors Association (KAIDA).

VW Group 'could list' Volkswagen Truck & Bus

16 April 2018 | Graeme Roberts

Volkswagen Truck & Bus - in the news last week for its strategic alliance with Toyota's Hino and consequent announcement of 'capital market readiness' and future plans - said it "expects an overall stable development in new truck and bus registrations in its relevant markets over the coming years".

AEB to wait until after Q1 for Russia forecast

19 March 2018 | Simon Warburton

Russia's Association of European Businesses (AEB) says it will wait until after the first quarter before issuing its guideline forecast for this year's sales figures, but remains reasonably optimistic for 2018.

Ford lays out new US product plan and organisation changes

16 March 2018 | Graeme Roberts

Ford has announced a major strategy plan out to 2020 for the US market, claiming it will have the freshest lineup among all full line automakers with average showroom age dropping from 5.7 to 3.3 years as it replaces three-quarters of its range. It is also promising full connectivity ahead of over-the-air updates and the 'Transportation Mobility Cloud'.

AEB hails Russia figures but urges long-term caution

16 March 2018 | Simon Warburton

Russia's burgeoning passenger and LCV market has "outperformed" expectations says the Association of European Businesses Automotive Manufacturers Committee (AEB AMC), which nonetheless injected a note of caution when viewing the figures.

Moody's stabilises global auto manufacturing outlooks as economic recovery fuels demand

14 March 2018 | Graeme Roberts

Increased consumer car demand due to improving global economic prospects and a lowering of the rating agency's sales growth requirements for the sector have changed the outlook on the global auto manufacturing industry over the next 12 to 18 months to stable from negative, said Moody's Investors Service in a report published on Wednesday (14 March).

West European car market up by 3.5% in February

9 March 2018 | Dave Leggett

West European car registrations grew by 3.5% year-on-year in February, according to data released by LMC Automotive.

Toyota announces new powertrains

26 February 2018 | Graeme Roberts

Toyota Motor said it had developed a new continuously variable transmission (CVT), six speed manual transmission, two litre engine, two litre hybrid system, and 4WD systems based on its Toyota New Global Architecture (TNGA).

Indonesia sales rise 11% in January

21 February 2018 | Staff reporter

New vehicle sales in Indonesia jumped by 11.5% to 95,892 units in January from like for like sales of 85,978 units a year earlier, according to wholesale data compiled by industry association Gaikindo.

Thai sales rise 16% in January

21 February 2018 | Staff reporter

New vehicle sales in Thailand continued to recover in January with sales jumping by 16.2% to 66,513 units from 57,254 units a year earlier, according to the Federation of Thai Industries (FTI).

Opportunity knocks for suppliers to book $700bn new revenue

1 February 2018 | Graeme Roberts

Though US$150-$200bn of traditional automotive supplier revenue is at risk over the next decade, over $700bn of opportunities exist for value chain players to capture, according to Deloitte’s third annual 2018 Global Automotive Supplier Study.

European automakers can cope with looming industry challenges - Moody's

1 February 2018 | Graeme Roberts

Despite continued weakness in global car sales, key European automakers are likely to see their credit strength improve, bolstered by earnings growth, rising cash flows, and restrained financial policies, Moody's Investors Service said.

New year bodes well for Brazil car market

19 January 2018 | Fernando Calmon

The Brazilian market finally leveled off and started recovery in 2017. A better year had been forecast in December 2016 after a consecutive four year slump in sales finally bottomed out with sales down almost 50% compared with the record year 2012 in which 3.8m cars and commercial vehicles were sold (both light and heavy). Brazil dropped from fourth to eighth largest world market.

Ford updates "operational fitness" plans

17 January 2018 | Graeme Roberts

Ford has detailed plans to "improve operational fitness, refocus capital allocation" and speed the introduction of smart vehicles and services.

Subaru to book JPY20bn for inspection recall cost

16 November 2017 | Graeme Roberts

Subaru has said it was recalling 395,000 vehicles in Japan and expected about JPY20bn (US$177m) in costs related to improper final inspection procedures at its domestic plants, a media report said.

PSA's DS aims for top brand billing

2 November 2017 | Chris Wright

Citroen's upscale DS division is aiming to become one of the top global luxury brands, up there with other French icons such as Hermes, Gucci and Chanel.

Global light vehicle market heading for a record

31 October 2017 | Dave Leggett

The global light vehicle market is on course to set a new record in 2017 and hit new highs in the month of September.

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