As previously indicated by executives, Nissan has officially cancelled its four-year partnership in India for developing low-cost vehicles with Bajaj Auto.
Toyota plans to halt production next week at its Tianjin FAW joint venture plant in China because of a slump in sales according to the Japanese newspaper Asahi Shimbun.
Toyota may shift production of all Corolla sedans sold abroad out of Japan as the strong yen continues to squeeze profit margins.
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25 Oct, 2012
Our exclusive image shows how the stylish new Mazda 6 coupe could look when it arrives in 2014
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23 Oct, 2012
Drivers in the US who've had their airbag fixed or replaced recently may have had an ineffective bag fitted
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17 Oct, 2012
Nissan has released sketches of a two-door coupe concept, ahead of next week's Sao Paulo Motor Show
Cosworth, the higher performance racing engine maker, is up for sale, The Times newspaper reported.
Roof systems supplier Webasto has been named a core supplier by the PSA Peugeot Citroën Group.
Visteon designed and is manufacturing key heating, ventilation and air conditioning (HVAC) components for the Ford Ecosport launched recently in Brazil and destined for global sale.
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23 Oct, 2012
Honda confirms that the CR-Z Mugen will arrive in the UK within a year
News
23 Oct, 2012
DRB-HICOM's Aslam Farikullah gives assurances that Lotus production will stay in Britain
Opel, General Motors' financially embattled European unit, has revealed its new midsize Cascada convertible in a series of photos. The car goes on sale in early 2013.
Continental expects its business with vehicle makers to grow slightly next year as Asia and North American markets offset a difficult European outlook, its chief executive was quoted saying in a German newspaper.
PSA said it was reviewing options to enable its banking unit to maintain sufficient financing volumes for its customers and dealerships as the threat of downgrade to junk status hangs over the division's debt.
PSA said it was weighing a state-backed rescue for its finance arm, as the government warned that help would come with strings attached. Banque PSA Finance (BPF) offers financing for Peugeot and Citroen dealers and customer loans.
Renault Chief Operating Officer Carlos Tavares wants his employees to view the automaker as a family business because that way they will think twice before spending money foolishly.
Nissan plans to equip some of its luxury cars with a system to control steering electronically, rather than mechanically, the first time so-called "steer-by-wire" technology will be used in mass-produced vehicles.