Industry Voices

Wind blows away fossil power in the Nordics, the Baltics next
Wind power is blowing gas and coal-fired turbines out of business in the Nordic countries, and the effects will be felt across the Baltic region as the renewable glut erodes utility margins for thermal power stations.
By NERIJUS ADOMAITIS

Toyota China JV recalls 93,700 sedans due to leaking brake fluid
By Samuel Shen and Adam Jourdan; Editing by Ryan Woo

IEA sees 2015 oil demand growth much lower, supply hitting prices
By DMITRY ZHDANNIKOV AND DAVID SHEPPARD
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Latest GM recalls cover 57,000-plus vehicles
General Motors Co said on Saturday it was recalling more than 57,000 vehicles in the United States for potential problems ranging from a wiring problem in the steering column to inadvertent shutdown of the engine.
By Bill Trott

GM recalls 524,384 cars and SUVs globally in two actions
General Motors Co said on Friday it is recalling 524,384 cars and sport utility vehicles globally in two actions dealing with potential latch and loose part issues.
By Ben Klayman in Detroit; Editing by Chizu Nomiyama

BMW, Mercedes standardize cars to help buyers and boost margins
Premium carmakers Mercedes-Benz and BMW are aiming to sell more standardized cars and services to boost profit margins and simplify the complex list of options for buyers -- while also given them the choice of a bespoke car if they want.
By EDWARD TAYLOR AND IRENE PREISINGER

GM sees first European profit in 2016 after years of losses
General Motors Co said on Wednesday it expects in 2016 to ring up its first profit in Europe in more than a decade and that it will also hit targeted North American operating margins that year.
By BEN KLAYMAN

September U.S. car sales show industry still strong
U.S. consumers bought more cars in September than in the previous year, but early sales results from leading automakers on Wednesday were mixed.
By BERNIE WOODALL AND PAUL LIENERT

Special Report: In foreign hands, British automakers overtake France
When Britain lost its last native car company 20 years ago, it was lamented across the political spectrum as a national catastrophe.
By COSTAS PITAS AND GILLES GUILLAUME

Takata regional U.S. air bag recalls may include GM vehicles
The safety recall in parts of the United States of millions of vehicles with potentially defective air bags made by Japan's Takata Corp (7312.T) may expand to include General Motors Co (GM.N), according to documents filed this week with U.S. regulators.
By BEN KLAYMAN AND YOKO KUBOTA