The Russian government will revise its formula for determining the level of localization of auto production. Foreign automakers will be given up to three years to comply with the amended requirements....More
Automakers planning to appeal the fines may argue the fragmented Spanish market is competitive. Their combined market share is 91% but no single brand has a stake greater than 10%, spurring discounts averaging €4,000....More
A Frost & Sullivan report says emerging middle classes in countries such as Kazakhstan, Uzbekistan, Ukraine, Azerbaijan, Belarus, Kyrgyzstan, Turkmenistan and Tajikistan will create a demand for more, and updated, cars....More
Marchionne says the elimination of Opel reduces by about 15% the possible synergies FCA and GM could achieve, but he still thinks a deal would be worth pursuing, even though he spotted one big negative the day of the sale’s announcement....More
With the upper luxury Phaeton now out of production, the new Arteon will take over at the head of Volkswagen's car lineup in most markets except China, where the recently introduced Audi A6-based Phideon will sit above it.
WardsAuto editors are evaluating about 30 vehicles as part of the 2017 Wards 10 Best Interiors competition. Today's gallery focuses on the '17 Maserati Levante, a car-based luxury SUV with a sticker price of $90,000.