World Markets

Audi performance unit kills manual gearbox, naturally aspirated V-8

July 31, 2015 06:01 CET
Audi's quattro GmbH performance division is slaughtering a few sacred cows among sports car enthusiasts.

Fiat Chrysler lifts guidance after strong second quarter

July 30, 2015 14:51 CET | UPDATED: July 30 17:20 CET - adds Marchionne comments
Fiat Chrysler Automobiles raised its full-year profit guidance after better-than-expected second-quarter results on a strong performance in North America and record Jeep sales.

Renault profit surge fails to impress amid pricing slide

July 30, 2015 08:03 CET
Renault's first-half profit surged on rebounding European demand but not enough to meet investor expectations from the recovery, or concerns about...

Audi cuts global car sales outlook on China

July 30, 2015 11:57 CET
Audi lowered its global sales forecast for this year because of slumping demand in China, its biggest market.

Delphi will buy UK cabling company to boost connectivity business

July 30, 2015 11:29 CET
Delphi will buy the UK cabling company HellermannTyton Group to capitalize on growing demand for cars that connect to the Internet, mobile phones and...

French minister sees smoother return to Iran for Renault than PSA

July 30, 2015 12:47 CET
PSA/Peugeot-Citroen, previously the market leader in Iran, could find it more difficult to return to the country than rival Renault following a...

France prepares to sell 5% stake in Renault

July 30, 2015 13:41 CET
France is preparing to sell the 5 percent Renault stake it acquired earlier this year to secure a doubling of voting rights for longer-term...

Mazda's quarterly profit falls 5.4% despite strong China, U.S. sales

July 30, 2015 10:53 CET
Mazda said quarterly profit fell 5.4 percent despite higher auto sales in China and the U.S.

VW rolls out crash avoidance features in U.S. models

July 30, 2015 06:01 CET
Volkswagen will offer features such as adaptive cruise control, blind spot monitoring and automated parking across the entire U.S.

Mini issues U.S. recall for side impact protection

July 30, 2015 06:01 CET
Mini is recalling 30,456 Cooper and Cooper S cars in the U.S. to address poor side impact protection.

Italy's long-term car rental sector probed by competition authority

July 30, 2015 11:05 CET
The Italian Competition Authority has launched an investigation into possible breaches of competition rules by eight long-term car rental companies.

VW boosts Q2 profit on Europe recovery but lowers sales forecast as China slows

July 29, 2015 09:27 CET
Volkswagen posted higher quarterly profit on a strengthening European recovery and cost cuts but lowered its global sales forecast amid a slowdown in...

PSA reports positive H1 earnings for first time in four years

July 29, 2015 08:33 CET
PSA/Peugeot-Citroen posted positive first-half net income for the first time in four years as the automaker tightened control on spending and sold...

PSA says anti-French backlash weighs on Iran talks

July 29, 2015 12:20 CET
PSA's talks on a manufacturing venture with Iran's biggest carmaker are being undermined by anti-French sentiment in the country, CEO Carlos Tavares...

Nissan Q1 profit jumps on strong U.S. sales, weak yen

July 29, 2015 10:36 CET
Nissan said first-quarter operating profit soared 58 percent, lifted by strong vehicle sales in the U.S.

GM will invest $1 billion in India, plans to double market share by 2020

July 29, 2015 12:59 CET
General Motors plans to invest $1 billion in the next few years to turn operations in India into a new global export hub aimed at boosting sales in...

VW says China sales may decline this year

July 29, 2015 17:19 CET
Volkswagen said its vehicle sales may decline in China this year after years of double-digit volume gains in its largest market.

Ford posts strongest Q2 auto profit in 15 years but Europe swings to loss

July 28, 2015 13:00 CET
Ford's Q2 earnings increased 44 percent, marking the best quarterly profit from its automotive business since 2000, despite losses in Europe and...

Daimler, Renault-Nissan detail plans for Mexico JV plant

July 28, 2015 19:44 CET
Daimler and Renault-Nissan said their new plant for Mercedes-Benz and Infiniti cars in Mexico, will have an initial production capacity of more than...

VW passes Toyota for global sales lead in first half

July 28, 2015 08:26 CET
Volkswagen surpassed Toyota to become the biggest automaker by deliveries in the first half.

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