News
18 Jul, 2012
A limited second run of the 336bhp Audi RS3 Sportback is now available to order
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.
News
18 Jul, 2012
Flagship Volvo S60 Polestar is to go into limited production and will cost £100,000
News
18 Jul, 2012
Our spies have spotted the new Mercedes S-Class testing, ahead of its launch next year
German supplier Webasto has appointed Holger Engelmann, 47, as the new CEO of its holding company, effective Jan. 1, 2013.
German supplier Webasto has appointed Holger Engelmann, 47, as the new CEO of its holding company, effective Jan. 1, 2013.
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.
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.
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.
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.
General Motors' Opel unit hired Michael Lohscheller, who helped turn around Volkswagen's loss-making U.S. operations, to be its chief financial officer.
General Motors' Opel unit hired Michael Lohscheller, who helped turn around Volkswagen's money-losing U.S. operations, to be its chief financial officer.
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.
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.
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.
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.
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.
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.