VW Scirocco R
Hottest Scirocco yet spied testing ahead of its debut at the Nurburgring 24-hour race in May
Read moreCHINA: Bridgestone to boost production at Chinese plant
Bridgestone Corporation is to increase capacity at its Chinese plant in Wuxi, Jiangsu province.
Read moreRUSSIA: GAZ suspends Siber production
GAZ has suspended production of the Volga Siber, a previous generation Chrysler Sebring sedan updated for the Russian market, local media reports said.
Read moreChrysler and Fiat Merger – Noise Vibration & Harshness
Finance it Again, Tony: Might a merger of Chrysler and Fiat be good news?
It seems only yesterday they were the masters of the universe. Yet just yesterday, literally, my friends at Citibank fired an e-mail my way, inviting me to take advantage of exclusive “access to great concerts, dining, sporting events, and more.” Translation: the bank won’t loan money to me or anyone else, by rights it is bankrupt, yet when it’s not busy jacking up credit card interest rates to usurious heights or lobbying for more bailout money, Citi makes time to suggest expensive ticket purchases for selected events that valued idiots – I mean, customers like me – might care to see, such as Kevin Nealon in the round (Citi’s suggestion). All so I can pay them an additional charge.
Photo Gallery: Chrysler and Fiat Merger – Automotive Industry News – Automobile Magazine
INDIA: FAW eyes West Bengal manufacturing base
China’s FAW is reportedly interested in the possibility of setting up a manufacturing unit in West Bengal.
Read moreRUSSIA: GM St Petersburg plant back to full capacity
General Motors’ (GM) St Petersburg plant has re-opened at full production after a partial suspension that had been in effect since 30 March.
Read moreGM’s Saab scales back layoffs after union talks
General Motors’ Saab unit said today it would lay off 701 employees after talks with labor unions, scaling back the originally planned 750 that were given notice of redundancy a month ago.
Read moreSupplier strike halts Twingo, Clio production in Slovenia
Revoz, the Slovenian unit of Renault, said on Tuesday it halted production on April 9 because a subcontractor went on strike.
Read moreSupplier strike halts Twingo, Clio production
Revoz, the Slovenian unit of Renault, said on Tuesday it halted production on April 9 because a subcontractor went on strike.
Read moreROMANIA: Goverment mulls loan guarantees
Romania’s Government will grant state guarantees totalling more than EUR1.5bn to companies in a range of industries – including automotive.
Read moreUS: Chrysler creditors consider counter-offer, concessions
Chrysler creditors are planning a counter offer to the US treasury this week, in which they might ask for equity in a firm combining Chrysler with potential partner Fiat in exchange for concessions, the Wall Street Journal (WSJ) reported, citing “people familiar with the matter”.
Read moreCitroen gets new boss for crucial French market
Citroen’s new boss Jean-Marc Gales has made his first major change by replacing the brand’s French market chief. Gales has promoted Xavier Chardon, 37, to run its crucial French operations.
Read moreUS: Marchionne could become Chrysler CEO – report
Hurrying to meet a 30 April deadline to agree terms of an alliance, Fiat and Chrysler are discussing a new seven-member Chrysler board including Fiat representatives and possibly even members of the Obama administration’s autos task force, a media report said.
Read moreUS: GM revamp won’t be fast or easy
Turnaround experts have warned that a government-directed General Motors bankruptcy is unlikely to be as fast or as simple as the US treasury department hopes.
Read moreRecession slows Nissan’s ambitions for the 370Z
Nissan has lowered sales expectations for its latest 370Z sports coupe by a third because of the economic downturn. The Japanese carmaker had hoped that annual global sales of the 370Z would be 30,000, including 10,000 in Europe.
Read moreSOUTH KOREA: Trouble brewing at Ssangyong
The labour union at Ssangyong has, as expected, said that its members have overwhelmingly approved a proposed strike against mass layoffs.
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