2014年8月29日 星期五

Hong Kong firm acquires majority stake in supplier Key Safety SystemsAuto News

Hong Kong private equity firm FountainVest Partners completed a deal to become the majority shareholder in automotive safety products supplier Key Safety Systems.



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Tesla shares jump to record after China charging network dealAuto News

Tesla Motors shares rose to a new record after the electric-car maker led by Elon Musk reached an agreement to create a vehicle-charging network in China with the country's second-largest mobile-phone company.



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Ford to halt B-Max production again in Romania, report saysAuto News

Ford will halt production of the B-Max at its Romanian plant for nine days in September, a report said. The automaker has halted output in Romania several times since September 2013 on slow sales of the minivan.



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Fiat Clears Merger Hurdle (8/29/14)

Buyouts not expected to exceed cap; judge dismisses Ford apartheid case; Chevy confirms Z71 SUVs;...

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Ford wins dismissal in U.S. of claims it aided apartheidAuto News

Ford and IBM won dismissal of a lawsuit claiming they aided South Africa's apartheid regime, with a judge saying they couldn't be sued in the United States over actions of their units overseas.



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Lexus NX may challenge RX for brand sales leader outside U.S.Auto News

The new Lexus NX compact crossover, already racking thousands of orders in Japan, may unseat big sibling RX as the luxury brand's top global nameplate. At least outside the United States.



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Tesla signs deal to set up 400 charging points in ChinaAuto News

Tesla Motors has agreed to work with China's second-largest mobile-phone company to set up charging points for its electric vehicles.



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Fiat clears Chrysler merger hurdle Auto News

Fiat will spend less than the limit the carmaker set to buy shares from investors who opted to sell ahead of its merger with Chrysler Group, clearing a key hurdle before the deal can close.



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Global price-fixing crackdown threatens supply chain's 'business model'Auto News

As antitrust regulators, most recently in China, go after auto suppliers in what has become a worldwide probe into price fixing, a longtime "business model" in the supply chain is now in danger, says an automotive purchasing executive.



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2014年8月28日 星期四

Ford wins dismissal in U.S. of claims it aided apartheidAuto News

Ford won dismissal of a lawsuit claiming the company aided South Africa's apartheid regime, with a judge saying it couldn't be sued in the U.S. over actions of their units overseas.



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Global price-fixing crackdown threatens supply chain's 'business model'Auto News

As antitrust regulators, most recently in China, go after auto suppliers in what has become a worldwide probe into price fixing, a longtime "business model" in the supply chain is now in danger, says an automotive purchasing executive.



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Automakers still dogged by Bluetooth glitches, Power study findsAuto News

Bluetooth technology aims to leave drivers hands-free, but some drivers end up connection-free, according to a study of multimedia quality and satisfaction released today.



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Toyota targets shoppers with location-based mobile ad toolAuto News

Toyota is using a location-based mobile ad tool to supercharge its annual clearance sale.



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Power Glitches Hit Chrysler (8/28/14)

Company probes reports of stalls, quirky electronics; debut set for juiced-up Caddy; Mustang rolls...

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Transmission parts supplier to invest $42 million in Mich. plantAuto News

Transform Automotive is expanding in Michigan after landing a new contract to build transmissions parts.



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Deepening rivalries test German luxury car dominanceAuto News

As German premium brands lose their exclusivity in a chase for volume, revived premium brands such as Jaguar, Land Rover, Volvo and Maserati are challenging the luxury-car market dominance of BMW, Audi and Mercedes.



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Ford launches '15 Mustang output in MichiganAuto News

Ford today officially launched production of the redesigned Mustang at its Flat Rock Assembly Plant in Flat Rock, Mich. With the 2015 model, Ford is making the Mustang to suit global tastes for the first time.



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Kia wants to sell 270,000 Sorento SUVs globally in 2015Auto News

Kia unveiled its redesigned Sorento, saying it aims to sell 270,000 units of the SUV globally next year as the automaker seeks to maintain its momentum in the United States, Europe and other key markets.



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GM plans to move some Chevy Equinox assembly to Mexico, report saysAuto News

General Motors and the UAW on Wednesday trumpeted the news that production of the Cadillac SRX would be shifted from Mexico to Tennessee, but Reuters has learned that GM also plans to move some other assembly work in the opposite direction.



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Ford to launch '15 Mustang output today in MichiganAuto News

Ford today officially launches production of the redesigned Mustang at its Flat Rock Assembly Plant in Flat Rock, Mich. With the 2015 model, Ford is making the Mustang to suit global tastes for the first time.



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