The Russian light-vehicle market suffered a highly accelerated decline in sales in January 2015 due to the ongoing macroeconomic stress the market is facing, recording a 24.4 percent year-on-year decline to 115,390 units, according to the latest data released by the Association of European Businesses.
A Carson, Calif.-based company is trying to position itself at the perfect intersection of online DIY and the nation's aging fleet of personal vehicles. U.S. Auto Parts Network Inc. caters to do-it-yourselfers. It sells to people whose idea of the perfect weekend morning is getting some grease under the fingernails while working on their cars, trucks and SUVs.
OEMs' insistence on more and more cost reductions has caused painful friction in the relationship, according to the annual Global OEM-Supplier Relations Study conducted by IHS Automotive. The survey allows automotive suppliers to rate car makers on a variety of matters, including technology sourcing, profit-impacting factors, quality management and intellectual property protection matters.
When Hyundai Motor Co. and its affiliate, Kia Motors Corp., announced Wednesday that they were conducting a massive recall of 1.7 million vehicles, it was a sign of what can go wrong when parts are shared by many vehicle models.