A further Yazaki executive has agreed to plead guilty for his role in a conspiracy to fix prices of instrument panel clusters, installed in cars sold in the US and elsewhere, the Department of Justice has announced.
New vehicle dealers in Kenya sold 1,525 units in January-February 2012, compared with 1,775 vehicles sold during the same period of 2011, according to data released by the Kenya Motor Industry Association (KMI), reports Business Monitor International (BMI).
A few new models of global interest surfaced this week, starting with the Ford EcoSport small SUV - Brazilian-designed (reportedly with help from Ford Australia) - and initially to be built in South America but now, in its second generation, also to become a global model made also in Thailand, China and India. Wonder where ours will come from?
News
17 Aug, 2012
New Phantom-based special celebrates the company's aviation history
For three months our long-term Kia Rio five-door has shuttled us around town with nary a complaintand#8212;from the car or from us. The cargo hold swallows 15.
Isuzu is to construct factories in China and India to tap into local demand for pick-up trucks and to spread out production from Thailand which was hit by flooding last year.
Daimler plans to expand operations at its new plant in Hungary to double annual production to 300,000 vehicles by 2015, according to a report in the business newspaper Napi Gazdasag which cited unnamed sources familiar with the project.
Here's a brief run-down of reports available in our research store that caught our eye over the past week or so...
Videos
17 Aug, 2012
Further development of the upcoming Jaguar F-Type
GM CEO Dan Akerson is planning a reorganization of the automaker that would move it away from long-entrenched regional authority toward a structure built on global functions, said two people familiar with the planning.
GM CEO Dan Akerson is planning a reorganization of the automaker that would move it away from long-entrenched regional authority toward a structure built on global functions, said two people familiar with the planning.
Hella is further expanding its presence in China with a new electronics facility whose operations will supply the local and regional vehicle manufacturing sector.
Germany has been seen as a bright spot in an otherwise bleak European car market this year. But the situation isn't as good as it looks.
GM CEO Dan Akerson plans to auction off his 1958 Chevrolet Corvette to raise money for charity. Akerson plans to donate proceeds of the auction to Habitat for Humanity Detroit.
Maruti Suzuki India, the country's biggest carmaker by volume, will reopen a factory more than a month after a deadly riot forced the company to halt production of its two best-selling models.
Since July 2010, GM, Ford and Japan's Big 2 have lost a combined 4.6 points of U.S. market share. Most of that lost share was snapped up by VW, Chrysler, Hyundai-Kia and Nissan. And nobody is growing faster than VW.
Lithium-ion battery maker A123 Systems said it expects to receive the first $25 million investment from Chinese supplier Wanxiang Group Corp. this week as it moves to finalize their relationship.
Maruti Suzuki India, the country's biggest carmaker by volume, will reopen a factory more than a month after a deadly riot forced the company to halt production of its two best-selling models.
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