Jul
27th
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One of Saab's major unions says it will offer its members short-term loans to cover the automaker's decision to temporarily suspend white collar wages.
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The latest auto news, reviews, prices, product and vehicle releases. Auto News 5
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Jul
27th
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Nissan Motor plans to spend CNY50bn (US$7.8bn) in China by 2015. The company is after 10% of the local car market by 2015 compared to 6% now.
Jul
27th
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Peugeot is studying the potential to produce its 408 sedan in Malaysia to supply the region's right hand drive markets, according to reports in the Australian press.
Jul
27th
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Daimler warned strong demand for cars in the key emerging markets of China and India is likely to slow sharply next year.
Jul
27th
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Hype and reality rarely match. Yet with the Range Rover Evoque, Tata Motors' Land Rover unit has a vehicle that more than fulfils expectation. This expectation has been built up ever since we saw the original concept - then badged Land Rover - at the Detroit motor show in January 2008.
Jul
27th
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General Motors (GM) in India is planning to invest more than INR 22bn (US$500m) by the end of 2012. The investment will be utilised to ramp up the production capacities of its existing plants at Halol in Gujarat and Talegaon in Maharashtra.
Jul
27th
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Counterpart licence set to be axed, with data moved to online database
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Jul
27th
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Counterpart licence set to be axed, with data moved to online database
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Jul
27th
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Nissan reported first-quarter profit that beat analysts' estimates as the company's operations recover from the nation's worst earthquake. Net income was 85 billion yen ($1.09 billion) in the first quarter ended June 30, a decline from 106.
Jul
27th
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PSA said its automotive unit may post a loss in the second half because of disruption from the Japanese earthquake in March and rising material costs.
Jul
27th
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Jaguar and Land Rover sold 48 percent more vehicles in China in the first half compared to the same period a year earlier.
Jul
27th
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Daimler failed to keep pace with competitors in the second quarter, projecting slower sales growth than BMW. The maker of Mercedes-Benz vehicles raised its 2011 sales target by 50,000 cars, lower than BMW's increase of 100,000 vehicles.
Jul
27th
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Concern over Fiat's ballooning debt dragged its stock lower. Fiat CEO Sergio Marchionne's new 2011 targets were below some analysts' estimates, and worries about higher-than-expected debt pushed down Fiat shares.
Jul
27th
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Porsche could revive the classic two-seater race car 550 Spyder that would be cheaper than the Boxster, CEO Matthias Mueller told a German newspaper.
Jul
27th
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Fiat and the UAW retiree health care trust disagree over over the value of Chrysler Group, meaning the Italian automaker isn't rushing to gain more control of the U.S. automaker.
Jul
27th
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General Motors cancelled the sale of Opel two years ago because the proposed buyers were demanding the right to sell its factories to a Russian state-owned carmaker , a newspaper said. The paper, citing U.S.
Jul
27th
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Nissan Motor Co., the largest Asian automaker in China, plans to nearly double its annual sales in the country to 2.
Jul
27th
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Audi prefers to build its own manufacturing plant in Mexico rather than use the U.S. factory of parent Volkswagen, a German magazine said, citing VW sources.
Jul
27th
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Opel/Vauxhall has started work on a new flagship model that will launch at the end of 2016 or early 2017, company sources said. The car may come to market with alternative powertrains such as a fuel cell system to help boost Opel's green image.
Jul
27th
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Alejandro Mesonero-Romanos, who is currently design director at Renault Samsung Motors, will become design chief at Seat. He succeeds Luc Donckerwolke.