BMW Group is having a pretty good year. The company's car sales are heading for a record 1.6m units in 2011 and it is posting impressive financial results. Dave Leggett interviews Ian Robertson, BMW board member responsible for sales and marketing.
Saab has branded as "confusing" the apparent stand-off between the Swedish government and Vladimir Antonov following the European Investment Bank's (EIB) disclosure it would not allow the Russian businessman to be involved in the ownership structure.
Michelin hiked its 2011 sales volume target after a first-half rise in sales and profitability and said its price increases were offsetting raw material price rises.
In a week full of quarterly results (there's still a few to come, BTW) and some interesting new plant announcements, I was intrigued to see how many just-auto readers zoomed in on my little local obsession with Jaguar's dimming daylight runners.
Manganese Bronze's UK sales fell as challenging market conditions continue, but the maker of London's traditional black cabs said strong international sales will help it return to profitability in the second half.
PSA/Peugeot-Citroen will halt production in Slovakia in August, mainly due to planned maintenance and also swings in market demand.
Honda will launch a new Civic specifically for the European market at the IAA in Frankfurt in September. The automaker said engineers have improved the ride quality of the new Civic, while retaining the sporty handling of the current model.
Honda has confirmed that both the new Civic hatchback for Europe and the next generation CR-V will be built at its Honda of the UK Manufacturing (HUM) facility in Swindon, England.
The privilege of driving is easy to take for granted. But it's something you don't really appreciate until you wake up one morning and find you can't do it anymore.
Motherson Sumi Systems posted a lower-than-expected 10 percent rise in quarterly profit hurt by higher costs, sending its shares down by as much as 5 percent.
The privilege of driving is easy to take for granted. But it's something you don't really appreciate until you wake up one morning and find you can't do it anymore.
Continental raised its full-year sales forecast on Friday as price increases helped it offset a sharp rise in raw material costs. The Hanover-based group said it now expects 2011 sales of 29.5 billion euros ($42.
Motherson Sumi Systems has posted a lower than expected 10% rise in quarterly profit due to higher costs.
Mazda Motor plunged to a US$330m net loss in the fiscal first quarter ended 30 June after production and sales were hit by the 11 March earthquake and tsunami.
Toyota will be able to build 7,000 cars a year using solar energy at its factory in the UK.
The earlier forecast that over 300,000 vehicles would be sold in Colombia in 2011 looks like it will prove accurate if second half sales continue to follow the trend of the first six months of 2011.
Sweden's Enterprise Ministry has reacted strongly to the widening crisis at Saab following comments made by Russian businessman Vladimir Antonov after the European Investment Bank (EIB) revealed it would not accept his ownership bid for the automaker.
Russian businessman Vladimir Antonov is to look into the possibility of claiming damages following yesterday's (28 July) news the European Investment Bank (EIB) told the Swedish government it would not accept his bid to become a part-owner of Saab.
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