Dana Corporation, the US-based supplier of vehicle systems, has reached a new three-year deal - effective from 1 June, 2011 - with the United Auto Workers and the United Steel Workers.
SAIC Motor, whcih has Chinese joint ventures with General Motors and Volkswagen, on Wednesday said fourth quarter net profit rose 58.4% year on year to CNY4.15bn (US$632m) from CNY2.62bn.
Roger J. Wood, head of BorgWarner's engine group, was named chief executive officer and president of Dana today. He will become the 7th CEO at Dana over the last several years.
Getrag named longtime Ford executive Mike McMillan its new chief financial officer. McMillan spent 17 years with Ford, holding posts in the United States, the UK and Germany. He currently is CFO of the Getrag Ford Transmissions joint venture.
Getrag named longtime Ford executive Mike McMillan its new chief financial officer. McMillan spent 17 years with Ford, holding posts in the United States, the UK and Germany. He currently is CFO of the Getrag Ford Transmissions joint venture.
Russian businessman Vladimir Antonov said he has applied to Sweden to become a shareholder in Saab, a move which could boost the finances of the ailing former GM brand.
Vehicle production and sales in China in February was 1.2603m and 1.2670m respectively, down by 29.89% and 33.09% compared with January.
Dongfeng Nissan on Tuesday denied media allegations that its Xiangfan plant had been forced to halt production, the Beijing News reported, according to Gasgoo.com.
Hyundai Mobis Co., the top auto parts supplier to the Hyundai-Kia Group, is looking to cut ties with the handful of parts makers it has in Japan, following the supply chain breakdown there in the wake of this month's devastating earthquake.
Parts shortages and consequent production shutdowns caused by the Japanese earthquake and tsunami could cause the global motor industry to rethink how it sets up its supply lines, a top industry economist has said.
NSK Ltd., a key global supplier of automotive bearings, says two plants closed by the earthquake in Japan have partially reopened but remain stymied by blackouts.
Saab temporarily halted production yesterday (March 29) as Saab confirmed that suppliers had stopped deliveries of parts due to a dispute over payments.
Japan's automotive slowdown continued with little sign of any automaker returning to full production soon amid forecasts that most Toyota plants will stay offline for weeks. A Toyota Motor Corp.
Japan's automotive slowdown continued with little sign of any automaker returning to full production soon amid forecasts that most Toyota plants will stay offline for weeks. A Toyota Motor Corp.
Nissan Motor Co. said today it would resume normal operations at all its Japanese plants, except its Iwaki engine facility, by mid-April. Nissan said the production schedules of its Japanese plants will be determined by the availability of parts.
Nissan Motor Co. said today that the output suspension since Japan's devastating earthquake and tsunami would cut car production by 55,000 units as of the end of March.
Huge wheels, bigger brakes and a wider track give away the identity of Audi's latest RS.
UK’s premier race series is ready for the off – with new rules set to deliver more thrilling action than ever
UK’s premier race series is ready for the off – with new rules set to deliver more thrilling action than ever
Latest pictures of Vauxhall's hot Focus RS-rivalling three-door GTC model