Global News

BMW sales in U.S. top Toyota’s Lexus for third straight month

Sept. 2 10:55 CET
BMW AG brand increased U.S. sales 1.6 percent in August and beat Lexus nameplate as the top U.S. luxury brand for the third straight month.... Read More »
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Ferrari recalls supercars after fires

Sept. 2 08:31 CET
Ferrari said it is recalling more than 1,240 of its 458 Italia supercars to replace an adhesive prone to melting after five reports of fire accidents. Ferrari launched an investigation last month after media reports of fire accidents involving five vehicles in California, Paris, Switzerland, China and one other unnamed location.... Read More »
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VW exports to UK hit by South Africa plant shutdown

Sept. 2 06:01 CET
Volkswagen shut its South African plant for the second time in a month after workers in the auto-parts industry went on strike over pay. The indefinite shutdown will result in a “substantial loss of volume” in Polo models destined for export markets, the company said.... Read More »
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BMW to save 100M euros in Daimler purchasing deal

Sept. 1 10:31 CET
BMW expects a purchasing cooperation with rival Daimler to save about 100 million euros ($126 million) a year from 2012/2013, the company's procurement chief, Herbert Diess said.... Read More »
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Car sales in Italy, Spain and France suffer steep August drop

Sept. 1 11:16 CET
Car sales fell in Italy, Spain and France during August, confirming a grim outlook for the sector after government subsidies to car buyers were phased out or ended. Italian sales declined 19 percent. In Spain volume fell 23.8 percent. French sales were down 9.8 percent.... Read More »
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Schmueckle quits Daimler after losing Mercedes job to Bernhard

Sept. 1 06:01 CET
Rainer Schmueckle, who lost his position overseeing Mercedes-Benz Cars unit to Wolfgang Bernhard, has left the automaker. Bernhard, who rejoined Daimler in 2009 after a four- year absence, was appointed to oversee Mercedes' production and procurement in February, taking over responsibilities from Schmueckle, who was the unit's chief operating officer.... Read More »
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Europe

Mahindra to invest in car development with Ssangyong

12:01 am U.S. ET | Aug. 23
Mahindra & Mahindra Ltd., India's largest sport-utility vehicle maker, may jointly build new cars with Korea's Ssangyong.... Read More »
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Asia
2010 PARIS AUTO SHOW

Mazda uses Shinari concept to preview future design language

6:42 am U.S. ET | Aug. 30
Mazda today unveiled the Shinari sports coupe, a four-door concept car that indicates the future design direction for the Japanese brand. The concept will be on Mazda's stand at the Paris auto show in early October.... Read More »
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China

GM expects competitive Chevy Volt pricing in China

7:01 am U.S. ET | Aug. 31
General Motors Co. expects competitive pricing for its hybrid Chevrolet Volt in China as it hopes to gain a foothold in China's fledgling environmentally friendly car industry with the highly anticipated car.... Read More »
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