Finance expert Jan-Henrik Lafrentz is the new head of sales and marketing at Volkswagen's troubled Spanish brand, Seat. Lafrentz, 42, replaces Berthold Krueger, 55, who moves to an unspecified sales and marketing job in the VW group.
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Soul will donate platform for a new mini-MPV set to get Cee’d-inspired styling and due next year.
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A leading figure in the Czech car industry has suggested that the country's car manufacturers and suppliers could cut up to 10,000 jobs this year and in early 2009.
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A leading figure in the Czech car industry has suggested that the country's car manufacturers and suppliers could cut up to 10,000 jobs this year and in early 2009.
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Car and truck parts maker ArvinMeritor Inc. is cutting 7 percent of its workforce and said it is reviewing alternatives to a previously planned spin-off of its car parts unit to shareholders because of difficult market conditions.
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A long awaited Infiniti convertible will go public at the Los Angeles International Auto Show on Nov. 19 -- but Bloomingdale's customers will get the chance to buy it before then.
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American Axle and Manufacturing Holdings Inc. posted a steep quarterly loss today, stung by hefty charges related to hourly and salaried buyouts and plant closures as well as plunging truck production volumes. American Axle lost $440.
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Steep drops in automotive production along with special charges helped push American Axle and Manufacturing Holdings Inc. to a third-quarter net loss of $440.9 million, compared with net income of $13.5 million for the same period a year earlier.
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In a week of job cuts, gloomy third quarter or fiscal first half results and monetary madness involving Volkswagen shares, there was a little shaft of light in Detroit yesterday as Ford said it would resume the third shift at one of its US truck assembly plants.
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Nissan North America is joining rival Toyota in offering 0-percent consumer loans in hopes of jolting the U.S. auto market back to life. Nissan Division is expected to announce this morning that it will offer 0.
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Tata Motors has reported a fall in net profits for its second quarter, hit by unfavourable foreign exchange rates and a slowing auto industry.
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Nissan Motor Co. was the latest automaker to slash its earnings outlook, saying it will cut output and its workforce to bring inventory into line with tumbling U.S. demand.
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It's the past, the present and the future all in one, and we've spied it.
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Dongfeng Peugeot Citroen Automobile is to ask 1,000 workers to take leave from November because of falling production, a local newspaper has reported.
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Volkswagen will begin European sales of its Argentina-build full-size pickup in 2010. VW will start building the new truck at its plant in Pacheco, Argentina, in late 2009.
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Volkswagen will begin European sales of its Argentina-build full-size pickup in 2010. VW will start building the new truck at its plant in Pacheco, Argentina, in late 2009.
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Vehicle production in Russia was up 16% in the first nine months of the year to 1,394,025 units, figures released today show.
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Ford is to restore the third shift at its Dearborn Truck Plant in January, recalling 1,000 workers to the plant.
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Suzuki Motor has reported its first ever profits warning after delivering a first half performance that has seen falling sales and income.
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AvtoVAZ said on Thursday it would stop its assembly lines for almost three weeks.
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