Superstorm Sandy and its aftermath is not expected to affect October US new light vehicle sales and may, in fact, give November a boost, a west coast-based analyst told just-auto.
Superstorm Sandy and its aftermath is not expected to affect October US new light vehicle sales to any great extent and may, in fact, give November a boost, a west coast-based analyst told just-auto.
General Motors says it sees auto sales in Europe falling 4 percent to 5 percent in 2013 compared with 2012 and it does not expect market share gains for its Opel and Vauxhall brands in the region next year.
Visteon Corporation has named Jeffrey Stafeil an executive vice president and chief financial officer. Stafeil, CFO from 2 Novermber, comes from Dura Automotive Systems, where he was CEO since October 2010 and CFO since 2008.
The Martini Mustang is based on a supposition.
Schaeffler Group has appointed Dharmesh Arora president & CEO of its operations in India.
Johnson Controls booked a net loss of US$8m, or $0.01 per share, on $10.4bn in sales.
BorgWarner, which makes automotive turbochargers and emissions systems, cut its 2012 revenue and profit outlook due to the economic downturn in Europe, where the company drew more than half its annual revenue last year.
Mercedes-Benz, guarding its U.S. premium-auto sales lead, is letting some buyers skip more monthly payments than BMW and offering as much as $5,000 discounts to "VIP customers."