The automotive exhaust market has grown in importance with the emphasis that is now placed on emissions control worldwide. What was once a relatively simple product has become increasingly complex and, writes Matthew Beecham, more expensive.
Read moreHyundai Motor is increasing production of its recently launched compact car, the i20.
Read moreFirst pictures of Vauxhall hatchback shows new Insignia VXR is only moments away!
Read moreSenior executives in several Tata Group companies are bracing themselves for a 10-15% salary cut according to an Indian newspaper report.
Read moreOne of the most controversial designers in recent memory, Chris Bangle, is leaving BMW this month to pursue interests outside of the car business.
Read moreDoor, convertible roof and driver control systems supplier Edscha has filed for insolvency for its Europe units but remains in business for now.
Read moreHyundai-Kia saw record sales in China in January, the firm has said.
Read moreGMAC LLC said today its global automotive finance business posted a net loss of $1.31 billion in the fourth quarter and $2.07 billion for the year. That’s compared with net income of $137 million for the fourth quarter of 2007 and a $1.
Read moreGMAC Financial Services’ cutbacks in retail auto financing and leasing in the fourth quarter of 2008 took a heavy toll on the company’s automotive business, its quarterly results show.
Read moreContinental is reviewing all options to strengthen its equity base but current market conditions are not conducive to selling shares, a spokesman said.
Read moreBMW Group’s design head Chris Bangle is quitting “to pursue his own design-related endeavors beyond the auto industry,” the German carmaker said Tuesday.
Read moreComponents supplier Denso Corporation has drastically revised its full financial year forecasts and now expects to post a JPY62bn ($US681.1m) operating loss – its first in almost 59 years – and a JPY64bn ($703.1m) net loss on sales of JPY3.12 trillion ($34.2bn).
Read moreGM Daewoo is planning to idle its factories this month because of poor sales in January, according to a Korean news agency.
Read moreThe German new car market contracted in January by some 14% to 189,400 light vehicles. The sobering news for the sector was, however, allied to a more positive outlook as hopes that government measures to boost the sector could kick in later in the year.
Read moreCost of buying new set to rise – despite 30 percent fall in sales.
Read moreNew car registrations in Italy fell 32.64% to 157,418 units, according to the ministry of transport and infrastructure.
Read moreSpain’s new car market showed no sign of recovery in January as sales plunged 41.6% to 59,385 in the country’s first recession for 15 years, automakers’ association ANFAC said.
Read moreHarder and faster version of the 911 will debut at Geneva
Read morePARIS (Reuters) — French President Nicolas Sarkozy wants his country’s carmakers to commit to buying parts from French suppliers in exchange for aid measures, the Financial Times reported on Tuesday.
Read moreUS new car sales results for January, due to start trickling out from local automakers and importers later today, are expected to drop to a 27-year low. according to industry analysts there.
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