Faurecia says restructuring costs in Western Europe will total EUR190m (US$242m)
by the end of 2013 as it adjusts to plunging European demand.
If flashy-exoticar curb appeal and organ-bruising ride are at the top of your supercar requirements, cross the McLaren 12C Spider off your list.
News
12 Nov, 2012
The next Civic Type-R will be powered by a 300bhp 2.0-litre turbocharged engine, Auto Express has learned
The restyled 2013 Honda Civic sedan was previewed Monday, ahead of its planned debut at the
Spyker, which is suing General Motors for $3 billion on behalf of its Swedish subsidiary Saab, said it has opposed GM's motion to dismiss the case.
NEWS EDITOR GREG MIGLIORE: The 2012 Hyundai Equus Ultimate offers a lot of amenities and power for the price.
Toyota has announced two newly developed safety systems - intelligent clearance sonar and drive-start control - as part of initiatives aimed to eliminate traffic casualties.
Toyota's Indonesian vehicle-producing subsidiary PT Toyota Motor Manufacturing Indonesia (TMMIN) is to purchase 150 hectares of land near its two plants in Karawang to build a new engine plant to strengthen local procurement and to respond to future demand increases expected with the growth of the Indonesian market.
Toyota has developed a pre-collision System (PCS) with collision avoidance assist that is effective in helping mitigate even high-speed collisions.
Faurecia has cut its medium-term earnings target, warning that the slump in European vehicle sales would erode regional profits over the next five years.
Far from being discouraged by last year's flooding in Thailand, Japanese carmakers are boosting their presence in the country.
Faurecia cut back its medium-term earnings target and warned that Europe's auto production slump would erode regional sales over the next five years.
Toyota Motor plans to spend up to IDR26 trillion (US$2.7bn) to expand its manufacturing operations in Indonesia over the next four years.
Fiat has appointed company veteran Alfredo Altavilla as head of the automaker's money-losing European operations.
Fiat has appointed company veteran Alfredo Altavilla as head of the automaker's money-losing European operations.
The much-anticipated Lamborghini Aventador roadster is joining the supercar stable of the famous Italian purveyor of performance.
Nissan Motor Co. CEO Carlos Ghosn is chasing ambitious goals under his current business plan: a 10 percent market share in the United States and 8 percent globally by 2017. But things aren't going as planned. The company's U.S.
With President Obama's auto agenda likely to be unchanged in his second term -- electric cars and stricter fuel economy rules -- industry leaders have turned their attention to a more immediate concern inside the Washington beltway.