Euro Auto Trends


JAPAN: Takata shares recover after airbag recall charge update

Posted in Market Trends,New & Coming Models by jonas on the October 22nd, 2014

Takata Corporation, the Japanese maker of air bags at the centre of an auto industry-wide safety crisis, has recovered from its biggest-ever drop in Tokyo share trading after saying additional charges related to recalls would be small.

GERMANY: Next Audi A8 will be ‘autonomous’-capable

Posted in Current Models by jonas on the October 22nd, 2014

The next-generation Audi A8 will be able to drive itself.

FRANCE: PSA on course to hit targets ahead of schedule

Posted in Current Models by frank on the October 22nd, 2014

PSA Peugeot Citroen could reach its cashflow target two years early thanks to better than expected growth at its growth at its Faurecia parts unit which contributed to an unexpected increase in third quarter revenue.

SWEDEN: Volvo looks to double output by 2020

Posted in Current Models by frank on the October 22nd, 2014

Volvo says it is looking to double its market share to 2% in order to offer an alternative to German brands.

THAILAND: Sales fall further in September

Posted in Market Trends,New & Coming Models by jonas on the October 22nd, 2014

Thailand’s new vehicle market continued to plummet in September, with sales falling by 27.5% to 68,843 units compared with 94,859 units in the same month of last year, according to data released by the Federation of Thai Industries.

GERMANY: Daimler restructures Tesla cooperation

Posted in Current Models by frank on the October 22nd, 2014

Daimler said it had reorganised its cooperation with Tesla Motors by terminating the share-price hedge it initiated in 2013 and selling its Tesla stake of about 4% without affecting the cooperation between the two on automotive projects.

JAPAN: Mitsubishi revises fiscal H1 forecasts

Posted in Current Models,New & Coming Models by frank on the October 22nd, 2014

Mitsubishi Motors Corporation (MMC) has revised its consolidated forecasts for the first half of fiscal 2014 (to 30 September, 2014) from the previous forecasts announced on 24 April, 2014.

SWEDEN: FKG looks to January for Iran supplier visit

Posted in Current Models by frank on the October 22nd, 2014

Scandinavian automotive supplier body, FKG, is confirming it will look to lead a supplier delegation to Iran early next year as a thawing diplomatic environment continues to take shape.

UK: First nine months "mark six year car production high" – SMMT

Posted in Market Trends by frank on the October 22nd, 2014

Automakers in the UK have boosted output in the calendar year to date to the highest level since 2008, producing 1,132,017 units – up just 0.6% year on year.

SWEDEN: FKG rues lack of Industry Minister: MD

Posted in Current Models,Market Trends by frank on the October 22nd, 2014

Scandinavian automotive supplier body, FKG, is describing the lack of a Swedish Industry Minister as a “bit odd,” following the election of a new Parliament in Stockholm.

US [updated 14:30BST]: Takata airbag recall extended to 7.8m vehicles

Posted in Market Trends by jonas on the October 22nd, 2014

Safety regulator NHTSA on Wednesday (22 October) expanded the number of vehicles in the United States that may be affected by recalls for potentially defective Takata air bags that could spray shrapnel at occupants from 6.1m announced on Tuesday to 7.8m.

US: Takata airbag recall extends to 6.1m vehicles

Posted in Current Models,New & Coming Models by frank on the October 22nd, 2014

US highway safety regulator NHTSA last night (21 October) expanded its warning about faulty airbags made by Takata to 6.1m vehicles in the United States.

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