U.S. light vehicle sales in February may approach the fastest pace since the government's "cash for clunkers" incentive program as rising consumer confidence spurs purchases.
BMW and PSA Peugeot Citroën plan to spend EUR100mon their hybrid technology joint venture named BMW Peugeot Citroën Electrification, both companies announced at a press conference in Geneva on Monday.
Magna International full year sales rose 39% year on year in 2010 to US$24.1bn. Operating income was $1.2bn, net income was $973m and earnings per share were $4.18, increases of $1.7bn, $1.5bn and $6.39, respectively.
Alfa Romeo took design cues from the legendary 33 Stradale when creating its 4C concept car, company sources say.
Ford on Monday said its new B-Max MPV, to be unveiled as a 'concept' at the Geneva show on Tuesday, has a unique new body design with integrated B-pillar construction and twin sliding doors, claimed to be production ready and promising "unique appeal in the segment".
The U.S. Supreme Court injected new life into a suit against Ford brought by the mother of a South Carolina teenager killed in a 2002 pickup truck accident.
In the third and final instalment of February's management briefing, we look at how the environmental credentials of first-generation biofuels are practically in tatters, and whether future-generation biofuels will be given a fairer hearing.
Let's say it's the hands. The difference between the North American International Auto Show in January at Detroit's Cobo Center, and Autorama in February at Cobo, is the hands.
EXECUTIVE EDITOR--AUTOWEEK.COM BOB GRITZINGER: As much as Nissan's diminutive Juke brings me much joy, the Rogue does nothing for me when it comes to driving pleasure. This seems a lot like a bigger Juke, but with all the Juke taken out of it.
Sale of new vehicles in Japan are estimated to register a double-digit drop in 2011, according to an industry association.
Aisin Seiki is planning to open a regional head office in Tianjin, China.
Hyundai Motor affiliate Kia Motors has signed an agreement with Vodafone to explore business opportunities in telematics services in Europe.
Fiat has submitted a plan to the Russian government to build as many as 300,000 cars a year in the country, after last week ending talks on a EUR2.3bn (US$3.3bn) deal with OAO Sollers.
Honda is looking to significantly boost sales of its minivehicles by 2016.
Chery Automobile is eyeing first year sales of 5,000 cars in Australia in 2011.
Carmakers gathering for the Geneva motor show this week are scrambling to boost their presence in booming emerging regions, as they showcase the new models they hope will boost their share of Europe's flat market.
Ford said that many of the 310 suppliers in 22 countries making parts for the redesigned Focus have added added a total of 5,500 jobs plus facilities and equipment to produce parts for the vehicle while others have at least been able to maintain employment levels.
Toyota's US manufacturing unit said it would add six-speed automatic transmission capacity at its plant in Buffalo, West Virginia - the US$64m investment will create approximately 40 new jobs.
PSA Peugeot Citroën celebrated the 10th anniversary of its first plant in Brazil and outlined some of its plans for the next few years during the launch of the medium-compact 408 sedan (a 308 spin-off) in Rio de Janeiro.
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