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  • Renault to recall 15,000 vehicles Thursday, 21 Jan 2016 | 3:00 AM ET
    Renault to recall 15,000 vehicles

    Carlos Ghosn, CEO of Renault-Nissan, explains why the company has recalled vehicles and says there are no so-called emissions cheating devices in their cars.

  • GM hits the gas with new car-share service Thursday, 21 Jan 2016 | 12:01 AM ET
    GM’s new car-sharing service, called Maven.

    After more than 100 years of selling cars, GM is giving car-sharing a spin with a new service targeting the growing mobility-on-demand market.

  • DETROIT, Jan 20- Back in 2008, with gas prices averaging nearly $4 a gallon, President Barack Obama set a goal of getting one million plug-in electric vehicles on the roads by 2015.. Ford CEO Mark Fields said last week that EVs "are a difficult sell at $2 a gallon." Plug-in vehicles accounted for fewer than 1 percent of the 17.4 million cars and trucks sold last year,...

  • The problems of the auto sector Friday, 15 Jan 2016 | 3:00 AM ET
    The problems of the auto sector

    Mark Denham, fund manager at Aviva Investors, argues that the auto sector deserves to trade at a single digit multiple

  • MILAN, Jan 14- Fiat Chrysler Automobiles shares fell by nearly 10 percent in Milan on Thursday following a media report that said two dealerships had filed a lawsuit accusing it of inflating U.S. sales, adding to the legal woes hitting the sector. Website Automotive News said the two Chicago dealerships allege FCA offered money to dealers to report unsold...

  • UPDATE 1-Russian car sales seen falling 4.7 pct in 2016 Thursday, 14 Jan 2016 | 7:45 AM ET

    MOSCOW, Jan 14- New car sales in Russia are expected to fall for the third consecutive year in 2016, dropping 4.7 percent to 1.53 million vehicles, the Association of European Businesses lobby group said on Thursday. After a decade of annual sales growth in excess of 10 percent, Russia's car industry has become a high-profile victim of the country's economic...

  • General Motors raises 2016 guidance, dividend Wednesday, 13 Jan 2016 | 8:00 AM ET
    The General Motors logo on the world headquarters building in Detroit.

    In 2016, GM expects to earn between $5.25 and $5.75 a share. Its guidance for 2016 had previously called for between $5 and $5.50 a share.

  • Google: Here's when our cars turned over the wheel Tuesday, 12 Jan 2016 | 5:00 PM ET
    Transportation Secretary Anthony Foxx, right, and Google Chairman Eric Schmidt get out of a Google self-driving car at Google headquarters in Mountain View, Calif., February 2, 2015.

    Google is giving the industry a better understanding of how often its cars disengaged or reverted to manual driving mode.

  • BEIJING, Jan 12- China vehicle sales are expected to grow 6 percent in 2016, accelerating from last year on more green cars and sport-utility vehicles even as macro economic pressure continues to bite, an auto industry body said on Tuesday. The China Association of Automobile Manufacturers said macro economic pressures were unlikely to change in 2016, with...

  • BEIJING, Jan 12- Sales of environmentally friendly "new energy" vehicles will reach 700,000 units in 2016, more than double the 330,192 vehicles sold in 2015, the China Association of Automobile Manufacturers said Tuesday.

  • BEIJING, Jan 12- China vehicle sales are expected to grow 6 percent in 2016, compared to 4.7 percent growth last year, the China Association of Automobile Manufacturers said on Tuesday.

  • BEIJING, Jan 12- Vehicle sales in China grew 4.7 percent in 2015, slowing from 6.9 percent growth the previous year, an industry association said on Tuesday. The country's vehicle sales totaled 24.6 million units last year, the China Association of Automobile Manufacturers told reporters in Beijing. In December, vehicle sales in the world's largest auto market...

  • BEIJING, Jan 12- Vehicle sales soared 16.9 percent in December from a year earlier, the China Passenger Car Association said on Tuesday. Auto retail sales totalled 2.36 million last month, it said in a statement posted on its website. The China Association of Automobile Manufacturers, whose statistics are generally viewed as the benchmark for the industry, is...

  • *AUDI CAR SALES MAY GROW FURTHER IN 2016 - CEO Monday, 11 Jan 2016 | 9:26 AM ET

    AUDI CAR SALES MAY GROW FURTHER IN 2016 - CEO.

  • What do auto sales tell us about the economy? Friday, 8 Jan 2016 | 3:00 AM ET
    What do auto sales tell us about the economy?

    Andrew Sheets, chief cross-asset strategist at Morgan Stanley, discusses what near record levels of car sales in the U.S. tells us about consumer confidence.

  • *UK sales hit record; Italy and Spain grew strongly. LONDON, Jan 7- Europe's second biggest auto market Britain recorded its highest ever car sales in 2015, but the continent will likely need a continued recovery in southern European markets to drive growth this year, industry experts said on Thursday. "We're going for 5 percent growth and that's largely focused in...

  • LONDON, Jan 7- Western European car sales rose 8.9 percent last year, according to industry data released on Thursday, boosted by strong growth across all five major markets. However, LMC said there was unusually high demand in December in Britain, which saw its full-year sales hit an all-time high, and in the Netherlands, where the loss of a tax rebate on some popular...

  • The previous record for registrations in Britain was set in 2003 when 2.58 million new cars were sold. Car sales in Britain, Europe's second-biggest auto market after Germany, fell sharply after the 2007-8 financial crisis but have gradually recovered, returning in 2014 to pre-crisis levels at 2.48 million. British consumers have benefited from low interest...

  • SAO PAULO, Jan 6- Auto sales in Brazil are expected to fall in 2016 for the fourth year in a row, national dealership association Fenabrave forecast on Wednesday, accumulating a 36 percent drop since 2012 as the country plunges deeper into recession. President Dilma Rousseff is looking for ways to stimulate Brazil's ailing economy without relaxing her...

  • LAS VEGAS, Jan 6- The head of the largest U.S. auto dealer group warned on Wednesday that automakers and dealers must avoid the problems in the years immediately following 2000, when lofty incentives kept sales volume high but cut profits. AutoNation Inc Chief Executive Officer Mike Jackson said in an interview that the industry was "entering a new chapter" where...