Euro Auto Trends


US: GM restructures global engineering, current chief retires

Posted in New & Coming Models by jonas on the April 22nd, 2014

There’s no mention of the ongoing ignition switch and steering wheel recalls but General Motors announcement today of a restructuring of global vehicle engineering – including “retirement” of the current head – is surely a consequence.

US: GM, plaintiffs, file ignition switch arguments in bankruptcy court

Posted in Current Models,New & Coming Models by jonas on the April 22nd, 2014

General Motors said on Tuesday (22 April) it has asked a bankruptcy court in New York to rule on whether the growing number of lawsuits alleging purely economic damages resulting from the ignition switch recall may proceed.

CHINA: Tesla wants to build locally – Musk

Posted in Current Models,Market Trends,New & Coming Models by frank on the April 22nd, 2014

Electric car company Tesla wants to add manufacturing in China within the next three to four years, CEO Elon Musk told reporters in Beijing without elaborating.

CHINA: Geely future model plans revealed

Posted in Mine,New & Coming Models by jonas on the April 22nd, 2014

A document listing details of Geely Auto future models has been published on the firm’s website.

BEIJING SHOW: Ford revives Escort nameplate for China

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

Ford has revived the long-serving Escort nameplate for a new model built and sold, initially at least, in China.

US: Honeywell unveils Q1 earnings up 4% to US9.4bn

Posted in Current Models,New & Coming Models by jonas on the April 22nd, 2014

Honeywell has reported first quarter earnings of US$9.4bn, up 4%, as well as organic sales rising 3%, excluding defence and space.

US: DuPont posts Q1 consolidated sales down 3% to US$10.1bn

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

DuPont has revealed first quarter consolidated sales down 3% to US$10.1bn, principally due to differences in timing and planted area for agriculture sales, negative currency impact and adverse weather conditions in North America.

BEIJING SHOW: Ford launches Everest seven seat ‘concept’ SUV

Posted in New & Coming Models by jonas on the April 22nd, 2014

Ford’s apparently production ready Everest Concept previews a medium, seven-seat off-road SUV to be added to the automaker’s range in China and other Asia-Pacific and emerging markets.

US: PPG Industries unveils record Q1 net sales

Posted in Current Models,Market Trends,New & Coming Models by frank on the April 22nd, 2014

PPG Industries has posted what it says are record first quarter 2014 net sales from continuing operations of US$3.6bn, up 17% or US$528m.

JAPAN: Mitsubishi building proving ground in Thailand

Posted in Current Models,Market Trends,New & Coming Models by frank on the April 22nd, 2014

Mitsubishi Motors Thailand will build a THB500m (EUR11m) proving ground to help develop products for ASEAN markets.

FRANCE: Faurecia posts Q1 consolidated sales up 7% to EUR4.52bn

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

Faurecia has unveiled consolidated sales of EUR4.52bn for the first quarter of 2014, up 7.0% at constant exchange rates and scope.

COMMENT: Beijing wants a greener auto sector, but will the regions take note?

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

The focus in Beijing’s auto show this year is firmly on green technologies. That’s perhaps not too surprising when you bear in mind the problems that China is experiencing with air quality in its major cities.

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