Author: Automotive News Feed

Chancellor Angela Merkel’s cabinet backed plans to tackle Germany’s diesel-car crisis, including steps to ease driving bans in particularly polluted cities.

Faurecia will buy a majority stake in car navigation system maker Clarion from Hitachi for about $710 million, the Nikkei reported.

Faurecia has agreed to buy Japanese car navigation system maker Clarion from Hitachi in a 141 billion yen ($1.3 billion) deal to strengthen its presence in new auto technologies.

Jaguar Land Rover officially launched its Slovakia plant amid warnings that UK production jobs could be at risk because of Brexit.

Daimler finance chief Bodo Uebber said the automaker is reviewing ways to counter tariffs between China and the United States that have caused a price hike of Mercedes SUVs sold in China.

Hyundai Motor’s third-quarter profit plunged by two-thirds, hit by a $440 million one-off charge related to costs from U.S. airbag and engine-related recalls.

Tesla says its Model 3 will go on sale in Europe early next year, and CEO Elon Musk is expecting the electric car to compete with big sellers such as the BMW 3 series and VW Golf.

Daimler said customer demand remains strong even as a regulatory crackdown on diesel cars and a 13 percent sales slowdown for Mercedes-Benz cars in Germany weighed on third-quarter earnings.

Daimler said customer demand remains strong even as a regulatory crackdown on diesel cars and a 13 percent sales slowdown for Mercedes-Benz cars in Germany weighed on third-quarter earnings.

Las ventas en China cayeron un 43 por ciento en septiembre respecto del año anterior y un 30 por ciento en los primeros nueve meses del año. La empresa culpa a una línea de modelos que está a la espera de una revisión.