Fiat is trimming the European management ranks at its volume nameplates by 20 percent to reduce operating losses, a person familiar with the matter said.
Tata Motors announced the appointment of Ranjit Yadav as president of the company's passenger car business unit (PCBU). The company has also appointed Neeraj Garg as vice president - commercial for PCBU replacing R Ramakrishnan who moves to a corresponding role in commercial vehicles.
DIGITAL EDITOR ANDREW STOY: As fate would have it, I was handed the keys to the 2012
Toyota president Akio Toyoda said he regrets that some of the company's dealerships in China have been vandalised during anti-Japan protests.
Fiat is restructuring its operations in India to complete the separation from its former joint venture partner Tata Motors, reported the Economic Times.
General Motors wants to increase its customer loyalty from the current industry average of around 52-53% to the industry leading level of 58% enjoyed by Toyota.
Low-priced minicars are regaining market share in Japan as the end of government subsidies for eco-friendly vehicles approaches.
Daimler lowered its 2012 profit target for Mercedes, saying earnings had been hit by a deteriorating auto market in Europe and China.
Car safety equipment maker Autoliv said its sales and profit results in Europe have so far been worse than anticipated in the third quarter, while the U.S. market has been better than expected.
A major French union is emphasising this morning's (19 September) announcement by Russian Railways (RZD) it is to enter into sole talks to acquire 75% of PSA Peugeot Citroen logistics division Gefco, is further example of the automaker selling the "family silver."
General Motors underscored its support for troubled European brand Opel when the new management board of Adam Opel hosted several hundred business partners from trade and finance at its Ruesselsheim headquarters.
Volkswagen has started production of the Porsche Boxster sports car at the former factory of the coachbuilder Karmann. VW is integrating Karmann's plant in Osnabrueck, northern Germany, into its production operations.
UK car production fell 8.9% in August, but remains up 12.7% over the year-to-date, according to data released by SMMT.
Mahindra & Mahindra plans to export its first mini-SUV, the Quanto, to Europe and South Africa.
Audi has asked a Chinese dealer to remove a banner advocating the murder of Japanese people after a photograph of the sign went viral on the Internet amid escalating tensions between the two countries.
China's Shanghai Automotive Industry Corporation (SAIC) has appointed former Nissan designer Martin Uhlarik as head of its European design center. SAIC is investing $2.42 million to double the size of the studio in Longbridge, central England.
News
26 Sep, 2012
Audi has unveiled the practical new A3 Sportback on the eve of the Paris Motor Show
PSA is in exclusive talks to sell 75 percent of its Gefco trucking unit to OAO Russian Railways for about 800 million euros ($1.04 billion), the carmaker said on Thursday.
Germany's premium brands are defying Europe's economic crisis and increasing their vehicle sales in the region to such an extent that they are catching -- or passing -- sales of struggling volume brands.