Visteon, confirming weeks of speculation, today named Timothy Leuliette its permanent CEO and president. Leuliette, 62, will also be replaced as chairman of the supplier by current board member Francis Scricco, 63.
For years, Toyota Motor Corp.
Renault India increased the price of its locally assembled Duster SUV model line by up to INR40,000 (US$758) from today (1 October), citing rising raw material costs and foreign exchange fluctuations.
SMMT chief executive, Paul Everitt, says last week's report identifying GBP3bn (US$3.9bn) of potential for UK supply chain firms is probably "an underestimate."
General Motors (GM) is recalling 40,859 units of the Chevrolet Cobalt and its Pontiac G5 variants from the 2007 to 2009 model years as well as the 2007 Chevrolet Equinox, Pontiac Torrent and Saturn Ion.
Car sales dropped further in austerity-hit France and Spain last month, and France's CCFA auto industry association cut its full-year market forecast, highlighting the pain for automakers that have warned there is no recovery in sigh
Car sales dropped further in austerity-hit France, Italy and Spain last month, and France's CCFA auto industry association cut its full-year market forecast, highlighting the pain for automakers that have warned there would be no imminent recovery.
Getrag plans to increase volumes in high-growth Asian markets and reduce the cost of future transmissions by using a range of modular global platforms that are flexible enough to meet local requirements.
In the short term, Scania's market outlook is rather weak. In the long term, the growth of the logistics sector will continue. These were among the main themes of president and CEO Martin Lundstedt's address at a recent industry event.
Toyota Brazil's first compact car line is changed in detail compared with the 'designed-for-emerging-markets' model line launched first in India in December 2010. The locally made Brazilian versions have better sound insulation, 15% more body stiffness and different interior trim materials, yet are otherwise much the same as the Indian originals.
Showa Denko (SDK) is to build an aluminium casting plant in the state of Johor, Malaysia. Construction will start this year and volume production by the end of 2014.
Dutch sports car maker Spyker, which is suing General Motors for more than $3 billion on behalf of Saab, said on Monday it will oppose GM's motion to dismiss the case.
News
1 Oct, 2012
Our spies have caught the Mercedes GLA SUV testing, as the CLA name is confirmed at Paris
Japan's Auto Parts Industries Association (JAPIA) representing 445 members was at last week's Paris motor show - Le Salon de l'Automobile. Simon Warburton caught up with JAPIA managing director, Takehide Takahashi, in between the supplier body's hectic round of meetings and its AGM with US organisation, OESA and European counterparts, CLEPA.
Hyundai Motor's European headquarters in Frankfurt announced at the weekend the automaker would begin series production of the hydrogen ix35 fuel cell SUV for public and private lease by the end of 2012, claiming to be the first global automaker to begin commercial roll-out of zero-emissions vehicles.
News
1 Oct, 2012
Prices and specs have been announced for the new Skoda Rapid, ranging from £12,900 to £17,850
News
2 Oct, 2012
New Clio SUV is set to take on the big-selling Nissan Juke in 2013
News
1 Oct, 2012
Honda confirms it will reveal a Civic estate in concept form next year
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