Toyota has added a second shift at its Russian factory to increase production of the recently redesigned Camry model after sales rose 54% year on year to 19,950 units between January and July.
News
3 Sep, 2012
New Ford Mondeo among a host of new Ford products to be unveiled live online
Volkswagen Group is expanding its production network in China with a new transmission plant in Tianjin which will have an annual capacity of 450,000 units a year.
Vauxhall's largest union in the UK says plant workers will be paid during a week's production halt later this month which will also see Opel factories across Europe shut down.
News
3 Sep, 2012
New additions to BMW 1 Series and BMW 3 Series model ranges
National Electric Vehicle Sweden (NEVS) says it has inked a deal to acquire Saab Automobile, plus its powertrain and tools divisions, but will not use the defunct car brand's contentious Griffin symbol.
New-car registrations in France extended their decline in August, falling 11.4 percent year-on-year to a tenth straight monthly drop, as consumers cut back on big-ticket purchases amid slumping growth and rising unemployment.
News
3 Sep, 2012
Jaguar XFR gets optional Speed Pack which raises top speed to 174mph
Europe's volume carmakers are returning from summer breaks ready to get back to business and prepared to shut plants and lay off staff in what many see as an overdue push to cut costs as their U.S. counterparts did three years ago.
The timing of Alfa Romeo's return to the United States is up in the air again. On Oct. 30, Fiat-Chrysler CEO Sergio Marchionne is scheduled to unveil a new timetable for Alfa Romeo's upcoming models and international expansion plans.
Nissan's Infiniti luxury brand has had a lot going for it in the past 23 years. But there is also something it never had: a senior executive who could give Infiniti undivided attention.
Alan Batey isn't getting comfy in his role as General Motors' interim chief marketing officer. "Longer term, I don't think you're going to see me as the CMO," Batey told Automotive News. He is also GM's vice president of U.S. sales and service
The Chrysler brand will end production of its minivan, the Town and Country, in two years and replace it with a smaller crossover. The switch is part of CEO Sergio Marchionne's plan to differentiate the Chrysler brand and nudge it upscale.
Nissan Motor Co.'s Infiniti luxury brand has had a lot going for it in the past 23 years. But there is also something it never had: a senior executive who could give Infiniti undivided attention.
After the collapse of credit in the recession, lenders have returned strongly to financing auto sales. Car dealers are finding lenders eager to finance their deals, including subprime loans.