Author: Automotive News n Feed
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Tata’s Tamo brand said to unveil halo sports car to help shed budget image
Tata Motors will unveil a concept at the Geneva auto show next month that could preview a halo sports car to be sold under its new, upscale Tamo brand.
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Hastor family says it’s not seeking a hostile takeover of Germany’s Grammer
Bosnia’s Hastor family said its demand to replace nearly half of German automotive interiors maker Grammer’s supervisory board should not be construed as an aggressive move to gain control of the company.
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Hastor family says it’s not seeking a hostile takeover of Grammer
Bosnia’s Hastor family said its demand to replace nearly half of Grammer’s supervisory board should not be construed as an aggressive move to gain control of the company.
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Honda earnings surge 27% on North America, China
Robust sales in North America and China, along with lower recall costs, powered a 27 percent surge in operating profit at Honda in the latest quarter. The sales increase and falling costs more than offset huge foreign exchange losses.
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ANE’s February issue goes live Monday
The latest issue of the Automotive News Europe monthly magazine goes live on Monday, Feb. 6. The new edition looks at whether Russia sales are ready to rebound after a four-year drought during which sales halved.
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Daimler celebrations are muted as automaker conserves cash to fight off Uber, Google
Record annual sales, revenue and profits, and Mercedes-Benz grabbing the global sales luxury crown from BMW #8211; last year truly belonged to Daimler.
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AutoNews Now: BMW names Kuhnt N.A. CEO
BMW names Kuhnt N.A. CEO, Willisch keeps regional role; Snyder’s sales takeaways; Sister brands to share Alfa platform; A banner buy-sell year?; Super Bowl ads work, Kia exec says.
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BMW names Bernhard Kuhnt as new CEO for North America
BMW said it named Bernhard Kuhnt to become CEO of BMW of North America effective March 1. Ludwig Willisch, who previously held that title, is now head of BMW Group Region Americas, according to a statement released Thursday.