Articles

  • US: AT&T to take first electric Transits

    Telecommunications company AT&T has agreed to purchase two of the first Ford Transit Connect Electric vans, which go on sale later this year. The eco-friendly model is powered by Azure Dynamics’ Force Drive electric drivetrain with a lithium-ion battery from Johnson Controls-Saft. The vehicle has an 80-mile range on a

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    France: Valeo forecasts revenue of €15bn in 2020

    Valeo has presented its new strategic plan focused on CO2 emissions reduction and its medium-term financial objectives during an investor day in Paris. The plan focuses on the following: organic growth higher than that of automotive production in each region thanks to innovation and accelerated development in emerging markets; determination…

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    Germany: BMW Group sales up 14% in February

    Global sales across the BMW Group increased 14% year-on-year in February to 91,758 units, including BMW, Mini and Rolls-Royce brands. February figures bring year-to-date deliveries to 173,911 units, up 15.3% from the same two-month period last year. “After a substantial increase in January, sales year-on-year were significantly higher as well…

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    Japan: Mazda to install brake override on new models

    Mazda intends to install brake override systems in all new models as a safety precaution, following the recent spate of unintended acceleration problems at its compatriot Toyota, reports Bloomberg. The system automatically reduces engine power when the brake pedal and the accelerator pedal are applied simultaneously under certain driving conditions.

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    US: Toyota investigates run-away Prius, no new recall

    Following a high-profile incident in California concerning a ‘run-away’ Prius, Toyota has sent technical specialists to investigate. However, the OEM stresses that it is not issuing a new recall for the 2004-2009 Prius, despite recent inaccurate media reports. “There is no new recall being planned for the Prius to address…

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    US: BYD may set up plant in California – report

    Chinese automotive manufacturer BYD may set up a plant in California, according to a report carried by the Los Angeles Business Journal. The report, citing unnamed sources, says an announcement on the location of the company’s North American headquarters may come in the next few months, followed by a decision…

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  • US: Mack ready to move into lower weight segments

    Just two weeks after Navistar announced its intention of adding lighter, class 4 and 5 trucks to its model range, a competitor has responded with an indication that it too wants to move into lower weight categories, “if the right opportunity presents itself”. Kevin Flaherty, senior vice president of Volvo-owned

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  • New Zealand: Car & LCV sales up year-on-year in Feb

    Depressed sales levels in 2009 enabled the automotive industry in New Zealand to post year-on-year sales growth in February. While car sales were up compared with a year ago, numbers had dropped on January 2010 figures. According to data released by the Motor Industry Association (MIA) of New Zealand, passenger…

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    Germany: Audi’s net profit sags 39% in 2009

    Audi has provided an outline of its financial performance in 2009, indicating revenue of €29.84bn (US$40.74bn) and pre-tax profit of €1.93bn. According to Rupert Stadler, chairman of the board of management of Audi, the company is “well on the way to delivering over one million Audi cars to customers once

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  • Slovakia: February car & LCV market contracts 4.1%

    Combined car and LCV registrations in Slovakia dropped to 4,311 vehicles in February 2010, from 4,494 units registered in the same month a year earlier, the Automotive Industry Association of Slovakia (ZAP) states. This drop in numbers was due to the LCV segment, which saw registrations tumble from 1,193 units…

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  • US: Lexus launches hybrid ad campaign

    Lexus is launching a new marketing campaign across the US, spanning its entire hybrid line-up: the RX 450h, GS 450h, LS 600h and HS 250h. The recently-announced Lexus CT 200h, not yet on the market, will not be included. The luxury division launched its first hybrid in 2004. There are…

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  • Serbia: Fiat plant to build larger Chrysler model

    According to the Serbian media, Fiat Automobili Srbija will not be producing two small models in Kragujevac, as previously announced. Instead, the new factory will first produce the Topolino, a small urban car intended for the European market, followed by a somewhat larger Chrysler model for both the European and

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  • India: Volvo-Eicher CV to expand Eicher capacity

    The equal joint venture between Volvo Group and Eicher Motors, Volvo-Eicher Commercial Vehicles, plans to double its output capacity for Eicher-branded vehicles. The figure is expected to rise to 8,000 units per month in the next three years. “Currently, we have a capacity to produce 4,000 units of Eicher vehicles…

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