Opel's International Technical Development Centre (ITDC) in Rüsselsheim, Germany, wants to hire an extra 250 engineers as part of its product offensive, the company has announced. It will also increase the number of projects undertaken in the UK at GM's engineering centre and proving ground in Millbrook.
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European Union carmakers called on the EU executive and EU governments to tackle a rise in iron ore prices, saying it threatened their competitivity.
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Kia Motors America's TV commercial for the launch of the Soul was named Automotive Ad of the Year for effectiveness by Nielsen Co.'s IAG Automotive arm at the opening of the New York auto show here this morning.
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Honda plans to move parts procurement to emerging markets from developed nations as well as consolidating purchases to use fewer supplier outlets to cut costs by 10%, the Nikkei reported without naming its sources.
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Geely hopes to use its takeover of Volvo to crack China's growing luxury car market and become a global player using the Swedish brand's cutting-edge technology, local analysts have said.
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Opel/Vauxhall said on Wednesday that it will hire up to 250 engineers at its global technical development center in Germany.
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Kamaz Vectra Motors, an Indian joint venture of Russian truck maker Kamaz with Indian conglomerate Vectra Group, has been ordered by local Indian authorities to suspend operations following an inspection of the plant. Kamaz holds 51% of the JV.
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Honda Canada said on Tuesday it would add a second production shift in early 2011 at one of its two assembly plants in Alliston, Ontario, increasing output by 400 to 600 vehicles a day and creating over 400 new jobs.
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PSA Peugeot Citroen is to spend EUR135m (US$200m) in Argentina this year, underscoring its commitment to Latin America.
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BorgWarner Thermal Systems has opened a new manufacturing facility in a high-tech business park near Chennai, India. The new 65,000 sq ft (6,000 sq m) factory will provide manufacturing, engineering, sales, and administrative space as well as room for future expansion.
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Toyota's US sales have soared around 35% year on year this month after the automaker offered incentives to lure buyers back into showrooms after recalling about 8.5m vehicles worldwide.
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Unable to establish itself if electronic gremlins are a cause of some unintended acceleration incidents in Toyotas, the US Department of Transport has asked the National Academy of Sciences and NASA to help.
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The outlook for parts supplier Tenneco has been lifted to positive by ratings agency Moody's Investor Services on the back of commercial vehicle launches expected later this year.
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Subaru teams up with Cosworth to take on the Evo FQ-400 with 395bhp version on the Impreza STI
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Nissan Motor's announcement yesterday of the price of its upcoming Leaf EV sparked something of a war, prompting Mitsubishi Motors (MMC) to cut the sticker of its considerably smaller hatchback i-MiEV by JPY619,000 (US$6,678; EUR4,963) to JPY3.98m ($42,935; EUR31,913), still above the JPY3.76m ($40,562; EUR30,148) starting price for the Nissan.
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New 180bhp-plus stormer is go!
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