The German government still does not have sufficient information on General Motors' restructuring plan for Opel to enable it to decide whether it will contribute financial aid, a person involved in the review has said.
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Citroën Brazil this week released first photos of its new C3 Picasso-based Aircross 'monovolume' model which will soon go into production at PSA's Porto Real, Rio de Janeiro state plant ahead of a launch scheduled for next August. Meanwhile, PSA CEO Philippe Varin has hinted the automaker may enter Brazil's one-litre 'popular car' segment.
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Car sales in Western Europe grew by 12.2% in March over last year according to data released by JD Power Automotive Forecasting. However, the forecast firm also warned that the West European car market is set to weaken further as the effects of turned-off scrappage schemes work through.
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Tuner Mountune offers RS500 upgrade kit for all Focus RS owners
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Survey reveals star car of the small-screen UK drivers would most like to own
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The Italian car market is set to see a sharp slowdown in growth in the second quarter due because it has not renewed incentives on car sales, the Organisation for Economic Cooperation and Development's (OECD) chief economist has said.
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Kia Motors Corporation has announced its global sales figures for passenger cars (combined export sales, domestic sales and sales from overseas plants), recreational vehicles (RVs) and commercial vehicles for March 2010, recording a total of 177,351 units sold. This figure represents a year-on-year increase of 41.0%.
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Rebounding fleet sales will soften the blow for the auto industry as the end of scrappage schemes causes a decline in private purchases across Europe, research firm Datamonitor has claimed.
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New vehicle sales in the Philippines rose by close to 38% to 14,373 units in March, from 10,746 units a year earlier, according to data released by the Chamber of Automotive Manufacturers of the Philippines Inc (Campi).
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Toyota Australia has finally confirmed that its upcoming Rukus 'urban utility vehicle' is essentially the same as the updated Scion xB launched recently at the New York motor show. The model is also sold - badged as a Toyota - in Japan.
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Sales of passenger cars grew by almost two-thirds in China last month as buoyant consumer sentiment bolstered spending on big-ticket items in the world's third-largest economy.
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VW facelifts its MPV to take on Meriva and C-MAX
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Indiaand#8217;s passenger car sales gained at the fastest pace in six years to a record. Fiat, which began selling the Grande Punto in June, more than tripled sales last year to 24,806. It was the fastest-growing carmaker in India.
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The good news is that new-car sales in the western Europe's 17 keys markets increased 12.2 percent to 1.61 million units in March.
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Ferrari released the first images of the 599 GTO, the company's fastest road car. The 599 GTO makes its public debut at the Beijing auto show that starts April 23.
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Hong Kong-born Anthony Lo has moved from GM to become of exterior design at Renault. Lo was advanced design director for GM's Opel and Saab brands before taking the post at Renault. He started April 1.
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Siegfried Wolf, co-CEO of Canadian auto parts supplier Magna International Inc., has been named chairman of van and truck producer GAZ. Wolf, who will keep his job at Magna, joined the GAZ board of directors last year.
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Volkswagen AG's merger with Porsche Automobil Holding SE still faces significant legal and tax risks, according to details from VW's prospectus for last month's capital increase.
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Toyota Motor Corp. knew about flaws that could cause unintended acceleration more than 3 1/2 years before it recalled cars and trucks to fix the defects, according to company timelines.
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Canadian auto parts supplier Magna International Inc. prevailed last month in its bid to buy the German roof division of Wilhelm Karmann GmbH.
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