French automaker Renault SA and its Dacia brand will launch a new basic SUV next year, hoping to take advantage of growing demand for low-cost cars.
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Passenger vehicle sales in China almost doubled year on year in November, up 98.2% to 1.04m vehicles, according to the China Association of Automobile Manufacturers.
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Car sales in India rose 61% year on year in November, reinforcing signs of recovery in Asia's third-largest economy. But sustained strong demand after the annual festival season sales peak has caught industry suppliers off guard.
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Renault is considering more than one bid for its Formula One team, should it be sold, according to the sport's commercial supremo Bernie Ecclestone.
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Geely Auto aims to sell a third more vehicles next year and will continue to seek acquisition opportunities.
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Germany's three premium automakers made strong gains in global sales last month and all three predict the positive trend will continue. BMW AG's retail volumes increased 11.5 percent to 107,686 vehicles last month.
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Germany's three premium automakers made strong gains in global sales last month and all three predict the positive trend will continue. BMW AG's retail volumes increased 11.5 percent to 107,686 vehicles last month.
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Opel labor leader Klaus Franz gave his clearest signal yet that he had dropped opposition to granting 265 million euros ($394 million) in annual wage concessions and would sit down to negotiate a deal with parent General Motors Co.
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Opel labor leader Klaus Franz gave his clearest signal yet that he had dropped opposition to granting 265 million euros ($394 million) in annual wage concessions and would sit down to negotiate a deal with parent General Motors Co.
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and#8220;I have been in this business for over 40 years, and I have never seen so few vehicles offered at this time of year at auction.and#8221;
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Saab remains optimistic a buyer can be found for the whole company in the face of indications its owner, GM, is talking to China's BAIC about a partial sale of the Swedish brand's assets.
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Saab remains optimistic a buyer can be found for the whole company in the face of indications its owner, GM, is talking to China's BAIC about a partial sale of the Swedish brand's assets.
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Saab remains optimistic a buyer can be found for the whole company in the face of indications its owner, GM, is talking to China's BAIC about a partial sale of the Swedish brand's assets.
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Saab remains optimistic a buyer can be found for the whole company in the face of indications its owner, GM, is talking to China's BAIC about a partial sale of the Swedish brand's assets.
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Saab remains optimistic a buyer can be found for the whole company in the face of indications its owner, GM, is talking to China's BAIC about a partial sale of the Swedish brand's assets.
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The European Commission has demonstrated its wholehearted backing for the development of Ford's new Craiova car plant in Romania, approving a EUR57m subsidy from the government for training.
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The European Union needs to take on the task of slashing the continent's bloated automaking capacity, according to Fiat and Chrysler Group chief executive officer Sergio Marchionne.
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China's passenger-cars sales in November jumped 98.23 percent from a year earlier, official data showed, paving the way for roughly 50 percent growth in 2009 thanks to the government's stimulus measures to aid consumption. A total of 1.
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SB LiMotive, a car battery joint venture between South Korea's Samsung SDI and Germany's Robert Bosch GmbH, has agreed to supply U.S. auto parts supplier Delphi with batteries for hybrid commercial vehicles.
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Italy will extend incentives for people to buy less-polluting cars and appliances, Industry Minister Claudio Scajola said on Monday. "In January we have foreseen a measure to continue with the incentives," Scajola told reporters in Brussels.
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