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Browse auto industry articles

The auto industry is among the best performers in the overall economy


A new research study coming from the Boston Consulting Group (BCG) points out that besides the auto industry, few business or economic sectors managed the stellar performance of a very successful comeback from 2008’s crisis. According to BCG, the automakers and their suppliers had five-year median annual returns that were well above the average return (21%) of the 26 industries the ...
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More auto industry articles

The auto industry in Venezuela is crumbling
The South American country, rich in oil, was not long ago the region’s third biggest automotive industry provider, but as the “black blood’s” production stagnated and the government was unable ...
Top executives talk about the auto industry in 2030
Ever thought about a future report? How about one involving a multi-billion, multi national, global spawning industry? Well, some of the auto industry’s report took a swing at how their ...
Australia: New car sales up 0.1 pt in February
New car sales in Australia went up only 0.1 percent in February, the Australian Bureau of Statistics said on Monday.  Overall 92,799 new vehicles were sold last month in Australia ...
Auto industry not threatened by platinum strike
The world’s biggest platinum mines, located in South Africa have gone on strike, but auto parts suppliers and automakers have not yet been affected by shortages of the precious metal ...
Ukraine crisis raises auto industry concerns
While Russia and Ukraine spar for local political and economic interests, global automakers with interests there are watching the situation with growing concern. While the automotive market in Russia has recently ...
US: auto industry supporter to exit Congress
John Dingell, a US representative considered one of the auto industry’s biggest defenders, but also the longest running member of Congress, has decided not to seek re-election in 2014. Dingell, who ...
UK: car industry boom doesn’t bring wage increases
According to a Financial Times investigation on industry workforce earnings, even though production and profits are on the rise, a third of the industry’s workforce wages have actually shrunk. Because of ...
Russia planning subsidy for auto industry
The government announced that Russia plans to support its struggling auto industry with subsidies of up to 271 billion rubles ($8 billion) in the three years to 2016. Russian car sales ...
Study sees US Michigan state adding 100,000 jobs as auto technologies hub
If the state acts now to meet competitive threats from other U.S. regions and emerging nations, plus established automotive powers Germany and Japan, Michigan is poised to gain up to ...

latest automotive news
Van der Garde hints at 2015 race seat
Oct.20 (GMM/Inautonews.com) Just as news about Nico Hulkenberg emerged on Monday, Giedo van der Garde dropped a big hint ...
Ferrari could be nothing without Formula 1 success
This is the way founder Enzo Ferrari envisioned his company: build (race winning) racecars first, then translate all that racing ...
Cherokee sales show Jeep was spot on
The oddly designed fifth-generation of the model was universally panned by Jeep enthusiasts because of the total departure from the ...
VW aims for long-term profits
The German automaker has managed to overcome General Motors last year to snatch the second place among global automakers. But ...
2016 Audi A4 rendered
The next generation of the Audi A4 should theoretically be just around the corner and the first rendering with the ...
BMW 1-Series DTM Sport Edition goes official
After officially pulling the wraps off a similar version of the M4 Coupe, BMW has just unveiled the so-called 1-Series ...
Russia: Lada’s foreign boss wants a sportier image
Bo Andersson, president of AvtoVAZ – the parent of the Lada brand – says that among the many changes the ...
Bugatti Veyron Super Sport for sale
An impressive unit of the very rare Bugatti Veyron Super Sport is currently being offered for sale. We all remember the ...
[VIDEO] Audi RS7 Piloted Driving Concept laps Hockenheim on itself
Audi has made the impossible possible with the RS7 Piloted Driving Concept which managed to lap the Hockenheim on itself. The ...
GM sees China as critical market for intelligent autos
The US automaker counts the Asian country as its largest single auto market, so there’s no surprise the company plans ...
Europe: September car deliveries rise 6.1%
The battered European region is continuing its recent recovery, with car sales edging up 6.1% last month on the continent ...
[VIDEO] Ferrari LaFerrari drifting at Monza
The newest video starring a Ferrari LaFerrari is showing the impressive hybrid supercar drifting at the famous Monza racetrack. The Ferrari ...
Manny Khoshbin buys Porsche 918 Spyder
Manny Khoshbin has recently placed an order for a Porsche 918 Spyder after being impressed in the hybrid supercar during ...
Tesla’s investors ready to rethink strategy
The California-based electric automaker ran a very successful initial public offering back in 2010 and investors have been passionate about ...
Recall roundup: 1.1m Volkswagen vehicles for rear suspension problems
Volkswagen has just issued a new recall for 1.1 million vehicles in North America and in China because of some ...
[VIDEO] Ferrari LaFerrari being driven in full electric mode
A Ferrari LaFerrari hybrid supercar has been recently spotted out while being driven in a full electric mode. The Ferrari LaFerrari ...
BMW finance executive expects positive results in 2015
The German automaker, the world’s largest premium carmaker, has been ruling over the segment for several years, but every month ...
Meet Canada’s most affordable race car – Nissan Micra Cup
The Japanese based automaker Nissan has officially introduced the Micra Cup, in Canada, which has become the most affordable race ...