French Economic Redevelopment Minister, Arnaud Montebourg, says the special report on PSA Peugeot Citroen's restructuring plans will be published on 11 September.
Renault is developing a small car for India to take on the likes of Maruti Suzuki's Alto, Hyundai's Eon and Chevrolet's Spark, in the segment that accounts for about 40-45% of the country's car market.
News
1 Aug, 2012
Latest spy pictures of the new BMW M3 provide our first glimpse at the performance saloon's interior
News
1 Aug, 2012
A crafty S-Class disguise hides the new Bentley Continental Flying Spur, complete with V8 turbo engine
A hardline French metalworkers union has criticised last week's announcement by the Paris government of electric and hybrid vehicles grants as "without breadth."
Meritor booked net income of US$49m for its third fiscal quarter to 30 June, 2012, up from $17m in Q3 2011.
Toyota-affiliated supplier Denso posted stronger results in its fiscal first quarter ending June 30 as it rebounds from the impact of last year's earthquake in Japan. Denso's net income for the quarter was 49.1 billion yen ($619.
U.S. demand for light vehicles continued to defy mostly weak economic indicators by rising 9 percent in July.
News
1 Aug, 2012
Automotive artist PopBangColour has created a vinyl wrap for a Bugatti Veyron
Ally Financial today reported higher auto originations and higher pre-tax income for its North American auto business, but the company posted an overall net loss of $898 million for the second quarter, due to its failed Rescap mortgage business.
Delphi said second quarter earnings per share increased 15% year on year to US$1.01. Year to date EPS increased 78% to $2.05.
U.S. demand for light vehicles continued to defy mostly weak economic indicators by rising 9 percent in July. Big sales gains at Japan's and Europe's top automakers -- Toyota, Honda, Nissan and Volkswagen -- offset declines at Ford and GM.
Fiat "rattled" investors on Tuesday with the news that the profit margin at US unit Chrysler remained static in the second quarter despite selling more cars.
Fiat Spa chief executive Sergio Marchionne said he expected Europe's car crisis to drag on throughout 2012, forcing the company to hold off on investments and keep coffers full.
News
2 Aug, 2012
New Ford C-MAX Energi plug-in will cost less than a Vauxhall Ampera when it goes on sale in 2013
Maruti Suzuki says it has escaped the worst of this week's catastrophic power failures that have paralysed vast swathes of northern India.
News
1 Aug, 2012
Laguna and Espace buyers in Spain now get a Twizy thrown in for free
Japan's new vehicle sales, excluding minivehicles, rose 36.1% in July from a year earlier to 328,543 units, up for the 10th straight month, the Japan Automobile Dealers Association said on Wednesday (1 August).
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