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Automobiles and Components

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  • MOSCOW, March 19- The Kremlin said on Thursday it regretted a decision by General Motors' to reduce its presence in Russia and that the U.S. carmaker would lose out when the market returned to growth. "We can express regret but on the other hand there never is a vacuum on the market, if one company leaves, other companies fill this gap and... the company unfortunately has...

  • China boosts fleet of electric, hybrid vehicles Thursday, 19 Mar 2015 | 12:12 AM ET

    Sales of alternative-fuel vehicles have spiked in recent months as China offers tax breaks and other incentives to encourage purchases of electric vehicles and plug-in hybrids, amid a larger anti-pollution fight. Yale Zhang, the managing director of Shanghai- based research group Automotive Foresight, said sales of privately owned electric and plug-in...

  • *Says to boost exports to Western Europe, China to offset Russia sale. SEOUL, March 19- South Korea's Ssangyong Motor said it has suspended vehicle shipments to major export market Russia since January, the latest global automaker to see demand hit by the plunging rouble and a prolonged economic slump. South Korea's fourth-largest automaker, owned by Indian...

  • SEOUL, March 19- South Korea's fourth biggest automaker Ssangyong Motor has suspended vehicle shipments to Russia since January, a spokesman said, as the plunging rouble hit demand in its biggest export market. The SUV-maker, owned by Indian automaker Mahindra and Mahindra, has no plans to resume shipments to Russia until the rouble stabilizes, and will boost...

  • Five worst auto brands for service under one roof Wednesday, 18 Mar 2015 | 5:16 PM ET
    The 2014 Jeep Cherokee.

    A survey measuring the satisfaction of people taking their vehicles into dealerships for service ranks five Fiat Chrysler brands the worst.

  • UPDATE 2-GM says to shut Russian plant as sales slide Wednesday, 18 Mar 2015 | 11:26 AM ET

    *Car sales slide in Russia. MOSCOW, March 18- General Motors Co will shut its Russian factory and wind down its Opel brand in the country to try to survive a deepening downturn in the auto market, the U.S. carmaker said on Wednesday. After several years of growth in excess of 10 percent, car sales in Russia shrank in 2014 as the economy weakened because of Western...

  • LONDON, March 18- European shares fell for a second day on Wednesday, with BMW leading carmakers lower after toning down its profit expectations and Greek banks falling on concern about the country's debt situation. The Greek banking index fell 8.4 percent, dragged down by a 12 percent fall in National Bank of Greece and an 8.9 percent slide in Alpha Bank.

  • Is this the car of the future?   Wednesday, 18 Mar 2015 | 2:40 AM ET
    Is this the car of the future?

    Budii is an autonomous, connected car touted as the car of tomorrow made reality today. But it also does have an ...interesting design. Take a closer look.

  • NEW YORK, March 17- Four plaintiffs' lawyers, including high-profile attorney David Boies, were appointed by a federal judge on Tuesday to lead civil litigation against Takata Corp and several car manufacturers for injuries caused by allegedly faulty air bags. Prieto filed one of the first U.S. lawsuits last year against the Japanese company alleging that...

  • U.S. judge taps lead lawyers for Takata air bag cases Tuesday, 17 Mar 2015 | 6:10 PM ET

    NEW YORK, March 17- Five plaintiffs' lawyers, including high-profile attorney David Boies, were appointed by a federal judge on Tuesday to lead civil litigation against Takata Corp and several car manufacturers for injuries caused by allegedly faulty air bags. Prieto filed one of the first U.S. lawsuits last year against the Japanese company alleging that...

  • Musk: Someday, driving a car will be illegal Tuesday, 17 Mar 2015 | 5:46 PM ET
    Elon Musk

    From Elon Musk's perspective, it's not a question of whether or not autonomous-drive vehicles will become a fixture on roads and highways.

  • Ford GT supercar will be company's most expensive ever Tuesday, 17 Mar 2015 | 2:27 PM ET

    DETROIT— The Ford GT supercar will be Ford Motor Co.' s priciest vehicle ever when it goes on sale next year. Ford revealed the 600- horsepower, carbon fiber GT at the Detroit auto show in January. The GT will sit atop Ford's new performance division, which includes the F-150 Raptor pickup and souped-up versions of the Mustang, Focus and Fiesta.

  • European shares slip from highs, automakers weigh Tuesday, 17 Mar 2015 | 1:35 PM ET

    *Peugeot falls as car sales growth lower than sector. The STOXX Europe Automobiles and Parts index fell 2.5 percent, hit by a 5.9 percent fall in Peugeot after the automaker's vehicle sales rose less than the sector in February. Peugeot underperformed the European auto market in February with an increase limited at 1.1 percent, "a Paris- based trader said.

  • Greenbrier shares find energy outside of energy sector Tuesday, 17 Mar 2015 | 12:50 PM ET

    NEW YORK— The railroad freight-car maker Greenbrier announced a sharp hike in orders during the second quarter, but industry watchers honed in on what railroads want to buy, rather than how much. The Greenbrier Cos. on Tuesday revealed that it had recorded new orders for 10,100 railcars valued at $1.09 billion. According to Chairman and CEO William Furman, there...

  • NEW DELHI, March 17- Hyundai Motor Co's India unit expects a 13 percent increase in sales in the country in 2015, helped by strong demand for compact cars and utility vehicles, a top company official said on Tuesday. South Korea's largest automaker is forecasting sales of 465,000 cars in India this year, while maintaining exports at about 200,000 units, said...

  • European shares fall from highs on weaker autos Tuesday, 17 Mar 2015 | 10:49 AM ET

    *Peugeot falls as car sales growth lower than sector. The STOXX Europe Automobiles and Parts index fell 1.4 percent, dragged down by a 4.6 percent fall in Peugeot after the automaker's vehicle sales rose less than the sector in February. Peugeot underperformed the European auto market in February with an increase limited at 1.1 percent, "a Paris- based trader said.

  • *BMW's record sales driven by new ranges. FRANKFURT, March 17- For years, record sales of high-performance sports cars meant big profits at BMW that could fund incentives and investment in technology to meet the EU's fuel efficiency rules. But BMW's conundrum is shared by Mercedes and Audi.

  • Scoop on 'smart' cars   Tuesday, 17 Mar 2015 | 8:58 AM ET
    Scoop on 'smart' cars

    James Albertine, Stifel Nicolaus, weighs in on the future of Tesla and auto technology.

  • *Peugeot falls as car sales growth lower than sector. The STOXX Europe Automobiles and Parts index fell 2.7 percent, the top sectoral decliner, dragged down by a 7.8 percent fall in Peugeot after the automaker's vehicle sales rose less than the sector in February. Peugeot underperformed the European auto market in February with an increase limited at 1.1...

  • TOKYO, March 17- Nissan Motor Co said on Tuesday it was suspending production at its St. Petersburg plant between March 16 and March 31 due to weak sales in the Russian market. Nissan builds the X-Trail, Murano, Teana and Pathfinder models at the St. Petersburg factory. Nissan has plans to eventually double production capacity in St. Petersburg to 100,000 vehicles a...