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  • Newswire

    RPT-Germany, Iran Pledge to Revive Economic Ties After Long Freeze  

    For decades, Germany was Iran's biggest trading partner in Europe. Last year, German exports to Iran rose to €2.4 billion euros in anticipation that the sanctions might be eased, but German industry associations have said they could quadruple to €10 billion within a few years....More
  • Jul 17, 2015
    blog

    Chrysler Building Ram 1500 Diesels, But Sales Lag 2

    Through June, FCA says the diesel makes up 18% of the Ram 1500s shipped from the plant but only 12% of the retail mix. The automaker says a 20% retail mix remains in sight. But it should have been achieved by now....More
  • Newswire

    BMW Refreshing Range for China Market  

    The German luxury automaker, seeking to counter a shrinking market, will launch an all-new version of its 7-Series sedan and an upgraded version of its entry-level 3-Series later this year....More
  • Newswire

    Ghosn: Nissan Eyeing Purchase of EV Batteries  

    The Nissan CEO tells The Wall Street Journal the automaker may follow alliance partner Renault's lead and purchase batteries for its electric cars, rather than build its own in a joint venture with NEC....More
  • Newswire

    China Slowdown Costly to VW, GM  

    Both Volkswagen and General Motors have scaled back their 2015 China sales forecasts, which likely would be accompanied by declines in profitability and cash flow....More
  • Newswire

    UPDATE 4-Canadian auto parts maker Magna to buy Germany's Getrag for $1.9 bln  

    (Adds Getrag valuation, CFO comment and detail on advisers) By Euan Rocha and Allison Martell TORONTO/FRANKFURT, July 16 (Reuters) - Canadian automotive parts maker Magna International Inc said on Thursday it would buy privately-owned German car parts maker Getrag for 1.75 billion euros ($1.9 billion), in a bid to expand its automotive transmission systems business....More
  • Newswire

    Supplier Strike Ends, Spain's Seat Resumes Production  

    Volkswagen's Spanish subsidiary had shut down Wednesday because of a strike at Johnson Controls Eurosit that cut off supplies of seats....More
  • Jul 16, 2015
    blog

    The Long and Short of Auto Loans Now vs. Then

    Loans of 1-12 months once accounted for 24% of auto financing....More
  • Newswire

    GM Korea Workers Plan Partial Strike Friday  

    The union representing nearly 14,000 hourly workers says it will strike for two hours Friday and four hours July 22 and refuse to work overtime or weekends while contract negotiations with the automaker continue....More
  • Newswire

    VW's Seat suspends Spanish production due to parts strike  

    MADRID, July 15 (Reuters) - Spanish carmaker Seat said it had suspended all domestic production because of a strike at the firm that supplies it with seats. The strike at Johnson Controls Eurosit began on Wednesday, the carmaker, a subsidiary of Volkswagen, said in a statement. Seat's Spanish plant, at Martorell in Barcelona, has a capacity of 2,100 vehicles per day and produces the Leon and Ibiza marques, as well as the Audi Q3....More

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