Chrysler to file Jeep recall objections
Chrysler, the US carmaker controlled by Italy’s Fiat, on Tuesday announced a face-saving compromise with US car safety regulators, agreeing that it would recall 2.7m vehicles for a safety inspection…
India: A bumpy road for carmakers
©AFP In a jam: despite India’s challenges, carmakers see an untapped market Sanand seems an unlikely spot for a global automotive hub. A small, dusty backwater in the western Indian…
European car sales at lowest since 1993
New car sales in the European Union last month fell 5.9 per cent year-on-year to their lowest level for May since 1993, as demand for new vehicles continued to decline…
Qatar Holding sells back Porsche stake
©Bloomberg Qatar Holding has sold its 10 per cent voting stake in Porsche back to the families behind the luxury car brand, rounding off Qatar’s involvement in the creation of…
UK car sales: the odd one out
Zero-cost finance, no deposit and two-years’ free service. When it comes to shopping for a new car in the UK, it’s a buyer’s market. “The consumer offers across our range…
Europe’s auto market gloom to last until 2019
©Bloomberg Western Europe’s car market will stay in reverse gear this year and next and will not begin to grow until at least 2019, according to a new report, raising…
Europe carmakers set for long-term gloom
©Getty Most industries would cheer the first signs of growth after 18 months of plummeting sales, toasting the green shoots of optimism, however small. But Europe’s battered and bruised car…
Industrial process
©Getty Within a year of Henry Ford’s introduction of the first modern assembly line at his factory near Detroit in 1913, the system had slashed the time to build a…
‘Cars tsar’ to boost foreign investment
©AFP The UK automotive industry has appointed a global ambassador to trumpet the British car manufacturing story to foreign investors, as the government looks to leverage rising numbers of UK-built…
India’s Apollo in $2.5bn deal for Cooper Tire
©Bloomberg Apollo Tyres is to pay $2.5bn for one of the largest US tyre makers, in the biggest Indian acquisition of a US company to date. The all-cash purchase of…
Revamped Lincoln to launch by year-end
©Bloomberg Ford Motor’s Lincoln brand looks ready to launch before the end of the year the second of four models meant to revive the struggling luxury marque. Stephane Cesareo, Lincoln’s…
Montezomolo urges scrapping of red tape
Luca di Montezemolo, who once considered running for Italian prime minister but now says he is out of politics, takes the view that premium manufacturing and tourism offer an exit…
Ferrari takes foot off output accelerator
An illuminated Ferrari logo hangs at the carmaker’s plant in Maranello, Italy©Bloomberg An employee works inside a Ferrari F12 Berlinetta as it travels along the production line at the Maranello…
Ferrari: a look inside the factory
An illuminated Ferrari logo hangs on display at Ferrari SpA’s automobile plant in Maranello, Italy©Bloomberg An employee works inside a Ferrari F12 Berlinetta as it travels along the production line…
Michelin to cut 730 jobs in French plant
Michelin is to cut 730 jobs at one of its French plants, prompting angry protests from trade unions, as the tyremaker became the latest automotive manufacturer to react to a…