Supply chain disruptions in Japan have forced at least one global automaker to delay the launch of two new models and are forcing other industries to shutter plants and rethink their logistical infrastructure, a media report on Wednesday said.
Japanese luxury brand to show new design concept that previews the next GS range.
Fiat has frozen a EUR500m investment into its Officine Automobilistiche Grugliasco (formerly Corrozzeria Bertone) plant in Turin due to the refusal of one out of its four unions to agree terms.
Leoni, Europe's No. 1 wiring supplier, said it expects 170 million euros ($241 million) in operating profit this year and plans to return to paying dividends. The German company is targeting revenue of more than 3.1 billion euros in 2011 and 3.
General Motors Company said it is selling all of its shares of Series A fixed rate perpetual preferred stock in Ally Financial [nee GMAC] in a registered public offering for US$1bin.
To Germany to find out how electric motors jump from milk floats and golf carts to Audi and BMW without leaving the premium cars feeling a little flat.
Fiat has suspended a 500 million euro ($710 million) investment into a Turin plant as it did not manage to reach an agreement with union FIOM over a new labor contract at the site.
Often taken for granted by drivers, the simple headlight has been evolving with new technology that makes it not just a lamp, but also a major design feature and a future contributor to better fuel economy for the car.
Volkswagen labor leader Bernd Osterloh expects shareholders next year will grant Chairman Ferdinand Piech a further extension to his mandate on the supervisory board.
Opening up the auto to full Internet capability has been a troubling technology hurdle for carmakers. Recent advances in bandwidth have smoothed out the data flow needed to bring the Internet world to the auto.
Car parts and machinery maker Rieter said it would ask for shareholder approval to split its automotive and textiles units into distinct companies.
Suzuki, which exports only a trickle of cars to the United States, is closing Japanese factories again after briefly resuming production following this month's earthquake.
Porsche's new puchasing department will be headed by veteran Volkswagen executive Uwe-Karsten Staedter.
ZF Lenksysteme GmbH supplies the electric power steering to the new Mercedes-Benz CLS, improving fuel consumption by up to 0.
Toyota has delayed the Japan launch of its new wagon-style Prius wagon in the wake of the parts shortage triggered by this month's earthquake. The company had planned to start selling the car here by the end of April.
Wolfgang Duerheimer, the ex-Porsche product meister who took over as CEO of Bentley Motors last month, says his first task is to get annual global sales back to their record level of 10,000 vehicles.
Car parts and machinery maker Rieter said it would ask for shareholder approval to split its automotive and textiles units into distinct companies.
Dale Coyne Racing has recently announced a strong line up of top management additions to their racing operations as veterans Phil LaPan and Don Halliday are back in action for the upcoming 2011 IndyCar season.
Jean Todt has reportedly dismissed Bernie Ecclestone's fears about formula one losing its roar in 2013.
Although Denny Hamlin was Jimmie Johnson's most serious challenger last year for the NASCAR Sprint Cup Championship he's 17th in the points after four races.
The latest auto news, reviews, prices, product and vehicle releases. 
