Fiat CEO Sergio Marchionne has appointed Alfredo Altavilla, his top lieutenant, as CEO of the Iveco truck unit that's being spun off from Italy's largest vehicle manufacturer. Altavilla, 47, will jointly steer Fiat Industrial S.p.A.
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General Motors has hit back at suggestions that the Chevrolet Volt is a hybrid and not a true electric vehicle.
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US treasury secretary Timothy Geithner is scheduled to meet General Motors CEO Dan Akerson on Tuesday (12 October), ahead of the automaker's expected preparations for a public stock offering after its 2009 bailout, the Treasury Department said.
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China's passenger-car sales to dealerships quickened in September as incentives for buyers boosted purchases.
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China's passenger-car sales to dealerships quickened in September as incentives for buyers boosted purchases. Wholesale deliveries of passenger cars rose 19.3 percent to 1.21 million, accelerating from 18.
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GM is disputing accusations that its low-emission Chevrolet Volt is a hybrid and not a true electric vehicle a month before the car goes on sale. Auto critics Edmunds.
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Tata Motors expects to launch its new Aria, the first Indian designed and made four-wheel drive crossover, in export markets - both left and right hand drive - from next year.
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Fiat has appointed Alfredo Altavilla as CEO of Iveco, replacing Paolo Monferino who is leaving the Group to take up the role of Director of Health for the Region of Piedmont.
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Tata Motors says it has successfully completed its issue of shares totalling US$ 750m, comprising A ordinary shares aggregating US$ 550m and ordinary shares of US$ 200m.
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Great Wall Motor has resumed share trading on the Hong Kong Stock Exchange this morning (12 October) after suspending trading yesterday afternoon.
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Volkswagen AG's China sales rose 39 percent in the first nine months of the year to 1.48 million vehicles, surpassing record sales in 2009.
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Volkswagen AG's China sales rose 39 percent in the first nine months of the year to 1.48 million vehicles, surpassing record sales in 2009.
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IM Group, the UK-based importer and distributor for Subaru, Isuzu and Daihatsu, said on Tuesday its planned launch of the Chinese Great Wall brand was on target for the first quarter of 2011.
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New vehicle sales in Thailand soared by 52% to a new record high of 555,515 units in the first nine months of 2010, according to Mazda Sales (Thailand).
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Continental said it will raise the price of tyres by an average 5% next year because of a record high in rubber prices.
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Daimler is recalling around 85,000 Mercedes Benz C- and E-class models in the US to fix a problem with power steering systems, the traffic authority NHTSA said.
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Ford's Asia Pacific and Africa region posted record sales in September of 78,700 units, up 27%, while sales of 651,856 so far this year are running 40% ahead of last year.
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General Motors Co. said today it has extended the deadline for a program that allows employees and retirees to buy shares at the price of its initial public offering, expected in November.
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Aston Martin said the Cygnet -- a reworked, upscale version of the Toyota iQ minicar -- will go into production in 2011.
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GM is disputing accusations that its low-emission Chevrolet Volt is a hybrid and not a true electric vehicle a month before the car goes on sale. Auto critics Edmunds.
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