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Jul
18th

Audi RS3 Sportback

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Audi RS3 Sportback front
News 18 Jul, 2012

A limited second run of the 336bhp Audi RS3 Sportback is now available to order

Jul
18th

FRANCE: Economics minister summons Philippe Varin as PSA burns $245m per month

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France's Economics Minister has summoned PSA Peugeot Citroen CEO, Philippe Varin, to his Paris office early this evening (18 July) with the automaker revealing it is burning US$245m in cash per month.
Jul
18th

Volvo S60 Polestar

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Volvo S60 Polestar front
News 18 Jul, 2012

Flagship Volvo S60 Polestar is to go into limited production and will cost £100,000

Jul
18th

Mercedes S-Class spied

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Mercedes S-Class front tracking
News 18 Jul, 2012

Our spies have spotted the new Mercedes S-Class testing, ahead of its launch next year

Jul
18th

Webasto promotes deputy CEO Engelmann to top job

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German supplier Webasto has appointed Holger Engelmann, 47, as the new CEO of its holding company, effective Jan. 1, 2013.
Jul
18th

Webasto promotes deputy CEO Engelmann to top job

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German supplier Webasto has appointed Holger Engelmann, 47, as the new CEO of its holding company, effective Jan. 1, 2013.
Jul
18th

INDIA: Isuzu eyes locally-dominated LCV sector

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Isuzu Motors reportedly is considering entering India's fast growing small commercial vehicle and multi utility vehicle segment to take on Tata Motors' Ace and Mahindra & Mahindra's utility vehicles.
Jul
18th

BMW 125i M Sport pictures

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BMW 125i front trackBMW 125i rear trackingBMW 125i interior Pictures 18 Jul, 2012
Jul
18th

Mercedes S-Class spied

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Mercedes S-Class front trackingMercedes S-Class frontMercedes S-Class rear tracking Pictures 18 Jul, 2012
Jul
18th

PSA told to make concessions if it wants French gov’t aid

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The French government has made it clear to struggling carmaker PSA that it is not prepared to provide aid unless the company makes concessions that could include suspending dividends.
Jul
18th

BRAZIL: Worried GM line workers stage 24-hour strike

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Ongoing industrial niggle over General Motors' Brazil's decision to build the new Chevrolet Spin at São Caetano do Sul (Greater São Paulo) rather than the São José dos Campos plant, where the previous generation Meriva and Zafira are made, led to a 24-hour strike this week to protest dwindling output on an assembly line where workers fear for the future of 1,500 jobs.
Jul
18th

UKRAINE: Commercial Vehicle Group relocates factory

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Harness and electricals supplier Commercial Vehicle Group is moving to a new factory in L'viv, Ukraine from a building in Kamyanets-Podilsky at a cost of about US$1.2m to $1.4m. The Company expects the capital requirements to be substantially completed in the second half of 2012.
Jul
18th

GM’s Opel hires VW exec as CFO, names new head of randd

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General Motors' Opel unit hired Michael Lohscheller, who helped turn around Volkswagen's loss-making U.S. operations, to be its chief financial officer.
Jul
18th

Opel hires VW exec as CFO, names new head of randd

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General Motors' Opel unit hired Michael Lohscheller, who helped turn around Volkswagen's money-losing U.S. operations, to be its chief financial officer.
Jul
18th

Ocean City Cruise is a mecca for hot-rodders

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Ocean City, Md., one of the mid-Atlantic's largest seaside resorts, is a 10-mile-long strip of beach lined with hotels, restaurants, condominiums, nightclubs, beach homes and a renowned boardwalk.
Jul
18th

BELGIUM: Brussels offers potential help for PSA lay-offs to French government

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Authorities at the European Commission (EC) say they are ready to sit down with the French government and discuss any potential aid for workers affected by PSA Peugeot Citroen's huge redundancy plans.
Jul
18th

GERMANY: Opel-Vauxhall engineering chief Rita Forst goes

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Opel has announced two new board members, effective 1 September. Michael Lohscheller replaces Mark James as Opel/Vauxhall CFO, while Rita Forst, the head of engineering is replaced by Michael Ableson.
Jul
18th

BRAZIL: Denso opens new plant, tech centre

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Denso Do Brasil has officially opened its new plant and technical center in Santa Barbara d'Oeste City, Sao Paulo, Brazil. By 2015, the total spend there will be about BRL205m (US$100m) with an estimated 800 employees.
Jul
18th

ITALY: Fiat to close Pomigliano plant for five weeks as Italian crisis bites

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Fiat is to close its Pomigliano d'Arco plant in Italy for a total of five weeks later this month [July] in a bid to address enormous over-capacity in Europe and plunging confidence in its domestic market.
Jul
18th

INDIA: Ford completes engine plant expansion

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Ford India said it had completed expansion of its engine plant, increasing annual engine production capacity 36% to 340,000, making the factory a regional small engine hub.
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