Two German auto-related firms - Daimler and Schaeffler - have created new board level or senior management posts to look after corporate integrity and investors.
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Supplier Visteon said at the weekend it had completed its reorganisation and emerged from the US Chapter 11 bankruptcy protection process with "significantly improved capital structure" leaving it "well-positioned for profitable and sustainable growth".
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EXECUTIVE EDITOR--AUTOWEEK.COM BOB GRITZINGER: Initial impression: Not a cushy car.
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Twin clutch gearbox adds appeal to the Audi’s flagship TT RS Coupe and Roadster.
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Passat BlueMotion manages over 1,500 miles on one tank of fuel.
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Last week's Paris buzz was to a very large extent electric-driven. Although manufacturers strove hard to push their shiny petrol engine alternatives, it was the EV models that caught the attention of the media - and no doubt the public this week as it pours through the Porte de Versailles.
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Special edition run-out model signals beginning of end of current Focus.
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Tata Motors has acquired an 80% stake in Italian automotive design and engineering company Trilix for EUR1.8m (US$2.5m).
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There were certainly some eye-catching automotive products on show in Paris last week. It was a self-confident affair for Europe's finest, a shop window for an industry that has the capability to combine cutting edge technologies with creative energy and flair to dramatic and head-turning effect. And that's how it should be; that's what auto shows are really about.
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General Motors Europe on Monday said "the process to search for an industrial investor interested in continuing operations" at its Antwerp, Belgium, plant "has come to an end".
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Tower Automotive LLC, the supplier owned by former Chrysler owner Cerberus Capital Management LP, today announced it has begun an initial public offering expected to generate between $93.8 million and $106.2 million for the supplier.
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Ford India has reported a 237% sales jump in the first half the current fiscal year which ended in September.
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A European Parliament panel has thrown out plans for speed limiters on vans and light trucks.
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The future of Maserati is looking brighter after the company posted impressive sales gains in key markets this year.
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New Porsche chief Matthias Mueller says the automaker will have alternative-propulsion technologies that fit the brand
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The redesigned Optima sedan launched last week at the Paris motor show is expected to significantly grow Kia's presence in the European D segment.
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Volkswagen's factory in Landaben, Spain, will make 335,000 units this year, thanks to brisk demand for the Polo supermini, a trade union official confirmed.
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General Motors' Opel division will shut its factory in Antwerp, Belgium, by the end of this year after failing to find a buyer. A Chinese automaker and an American investor had expressed interest in buying the factory, a union official said.
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General Motors' Opel division will shut its factory in Antwerp, Belgium, by the end of this year after failing to find a buyer. A Chinese automaker and an American investor had expressed interest in buying the factory, a union official said.
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