Mercedes-Benz expects to increase sales of its passenger cars by nearly 6 percent this year, it said on Wednesday after reporting record July retail volumes for the brand.
Jim Farley -- head of global marketing, sales and service at Ford Motor Co. -- is trying to smooth things over with the folks at General Motors.
Jim Farley -- head of global marketing, sales and service at Ford Motor Co. -- is trying to smooth things over with the folks at General Motors.
We're hardly on many UK automaker PRs' must-invite-to-all-product-launches A-list (Z-list, more like) but, full credit to Nissan, just about everyone here has been on one Leaf EV event or another and Had a Go. And we all liked this first step into a brave new world.
Chrysler CEO Sergio Marchionne today hinted that he will be stepping aside from the helm of the U.S. automaker within five years.
Chrysler CEO Sergio Marchionne today hinted that he will be stepping aside from the helm of the U.S. automaker within five years.
Controversial BBC television Top Gear presenter Jeremy Clarkson has become embroiled in controversy with Nissan and a top UK daily newspaper after running out of electricity while driving a Leaf EV for the programme.
Magneti Marelli, the Italian supplier which is part of Fiat, has formed a 50-50 joint venture with Wanxiang Qianchao to produce shock absorbers in China.
Supplier TRW Automotive posted a stronger-than-expected quarterly profit and boosted its full-year sales outlook as customers, mostly in North America, increased vehicle production.
Yangzhou Auto Plastic Parts Co., China's largest automotive fuel-tank producer, has launched its first Russian plant in Grabtsevo, near Kaluga in western Russia.
Struggling Saab's engineering union is raising concerns about August salaries as its members continue to go unpaid for last month.
Fiat-Chrysler boss Sergio Marchionne has completed the merger of the two companies by naming a 22-member team to manage the Italian-American carmaker from 1 September.
BMW has named Nicolas Peter to succeed Ludwig Willisch as head of its European sales. Willisch will become the new president of BMW North America, replacing Jim O'Donnell.
Both Hyundai and its Kia affiliate reported rapid growth in sales of hybrids in its domestic market with almost one in five Hyundai Sonata and one in 10 Kia K5 buyers opting for the hybrid versions in July.
The US new car market is on the brink of a consumer preference shift to the compact segment, General Motors' top sales analyst has said.
Consumer uncertainty and continuing supply constraints resulting from the Japanese natural disaster led to "soft" vehicle sales in July, according to Australia's Federal Chamber of Automotive Industries (FCAI).
Saab's major white-collar union says it will still send the shuttered automaker its formal letter detailing unpaid wages if salaries are not paid imminently, as hopes were raised July salaries might be settled.
Saab's owner Swedish Automobile, which is scrambling to pay workers and restart production at the automaker, said an investment fund will take a substantial stake in the company following a new share issue.
Saab's owner Swedish Automobile, which is scrambling to pay workers and restart production at the automaker, said an investment fund will take a substantial stake in the company following a new share issue.
Forecasts of US light vehicle sales for July were marked by periods of optimism bracketed by bouts of pessimism. The economy and political wrangling over the debt ceiling in Washington had an effect, as did lingering supply and production problems. Nonetheless, the automakers managed to eke out a small improvement last month, not only over July 2010, but over June 2011, as well.
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