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Mar
16th

Asbury Automotive closes heavy truck business sale

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US dealer group Asbury Automotive has closed the sale of its International, Hino, Isuzu, UD, IC Bus and Workhorse franchises to Rush Truck Centers of Georgia, a subsidiary of Rush Enterprises.
Mar
16th

JAPAN: ACG donates to earthquake relief

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AGC has announced that it will donate 300 million yen to help recovery efforts in communities affected by the earthquake and tsunamis that hit Northern Japan in March.
Mar
16th

GERMANY/JAPAN: Continental provides aid to Japan

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Continental has announced its solidarity with the people of Japan and that it is providing EUR250,000 in emergency aid for those living in the regions destroyed by the earthquake and tsunami.
Mar
16th

US/JAPAN: Johnson Controls announces donation to Japanese Red Cross

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Johnson Controls, a global diversified company in the building and automotive industries, today announced that it is donating $1 million, or nearly 100 million yen, to the Japan Red Cross through the American Red Cross for disaster relief efforts currently underway in Japan.
Mar
16th

JAPAN: Nissan Leaf shipment to US got a break

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News has emerged that a 600-car shipment of Nissan Leafs was able to get out of Japan on Thursday March 10, a day before the disaster struck.
Mar
16th

JAPAN: Toyota to lose 95,000 units as plants shut until 22 March "at least"

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Toyota says it will continue to stop vehicle production until 22 March at least leading to the loss of 95,000 units as the impact of Japan's colossal earthquake continues to affect the country.
Mar
16th

Toyota to keep 12 assembly plants shut through Tuesday

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Toyota said it will keep all of its 12 main assembly plants in Japan closed through Tuesday, following last Friday's devastating earthquake. The closing of the factories since Monday has already resulted in lost production of 40,000 vehicles.
Mar
16th

Toyota to keep 12 key assembly plants shut through Tuesday

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Toyota said it will keep all of its 12 main assembly plants in Japan closed through Tuesday following last Friday's devastating earthquake. The closing of the factories since Monday has already resulted in lost production of 40,000 vehicles.
Mar
16th

Toyota says U.S. inventory normal as shutdowns extended to March 22

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Toyota Motor Corp. said today inventory at U.S. dealers remains at a "normal" level, after the company extended a shutdown of most of plants in Japan in the aftermath of its worst earthquake and a nuclear power-plant disaster.
Mar
16th

Porsche to build new Cajun in Leipzig

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New junior SUV to be built alongside Panamera and Cayenne at expanded Leipzig plant.


Mar
16th

JAPAN: Mitsubishi Motors donates JPY30m for earthquake aid

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Mitsubishi Motors has donated JPY30m (US$367m) "for earthquake victims" in Japan.
Mar
16th

THAILAND: Government boosts auto industry

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Thailand will spend THB3.42bn (US$113m) over the next three years to develop the country's car industry. The spending was approved by the cabinet this week and most of it will focus on developing a skilled workforce.
Mar
16th

Ghosn must face ‘consequences’ of botched spy probe

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Renault CEO Carlos Ghosn, forced to apologize publicly to three managers he wrongly accused of spying, faces "consequences" from the French government for the automaker's bungled espionage probe.
Mar
16th

GM, VW lead first Europe car sales gain in 11 months

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New car registrations in Europe rose for the first time in 11 months as demand from consumers in Germany and France fueled sales at manufacturers including Volkswagen and GM's Opel unit. Registrations in the region advanced to 1.
Mar
16th

VW, GM lead first Europe car sales gain in 11 months

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New car registrations in Europe rose for the first time in 11 months as demand from consumers in Germany and France fueled sales at manufacturers including Volkswagen and GM's Opel unit. Registrations in the region advanced to 1.
Mar
16th

Daimler’s 125th anniversary of the car shows that today’s automotive challenges mirror those of the past

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Making cars lighter and more fuel efficient are challenges that have pushed the industry ever since Carl Benz filed a patent for his "gas engine-powered vehicle" in Berlin in 1886.
Mar
16th

BMW tops Rolex, Apple as China’s most-desired brand

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BMW ranks first among 100 desired brands in China, above Rolex and Apple as well as Mercedes and Audi, according to Clear Asia, a Hong Kong-based brand consultancy.
Mar
16th

Could Renault’s ‘spygate’ benefit Volkswagen?

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Renault's so-called "spygate" affair over its electric car program could spell hiring opportunities for rivals, including Volkswagen, which has recently recruited EV talent away from the French carmaker.
Mar
16th

BMW eyes first assembly plant in Latin America

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BMW is considering car assembly in Brazil, underlining the region's growing economic importance.
Mar
16th

Porsche 5-month profit triples on Cayenne, Panamera sales

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Porsche tripled profit in its shortened 2010 fiscal year as deliveries of the Cayenne SUV and Panamera sedan surged.
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