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Jul
12th

Video shows McLaren MP4-12C Spider in action

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While McLaren Automotive revealed the new MP4-12C Spider on July 3, there was a noticeable lack of and#8220;in-motionand#8221; film that automotive enthusiasts often crave.
Jul
12th

SOUTH KOREA: Auto unions vote for strikes

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The peace that has reigned over South Korea's historically volatile car industry in recent years is about to be shattered with the decision by union workers at both Hyundai and Kia to strike over pay and working conditions. It will be the first strike for some four years at Hyundai; 80% of the 44,000 Metal Workers' Union members at Hyundai voted for strike action. Kia hasn't had a strike for two years.
Jul
12th

De Tomaso chairman arrested during probe into misuse of public funds

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The chairman of Italian sports car maker De Tomaso, Gian Mario Rossignolo, and two other men were arrested in a probe into the misuse of 7.5 million euros ($9.2 million) of public funds, Italy's tax police said on Thursday.
Jul
12th

De Tomaso chairman arrested during probe into misuse of public funds

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The chairman of Italian sports car maker De Tomaso, Gian Mario Rossignolo, and two other men were arrested in a probe into the misuse of 7.5 million euros ($9.2 million) of public funds, Italy's tax police said today.
Jul
12th

Jaguar XF Supercharged is top pick at Autoweek/ZF Fantasy Camp

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The lawn shone green under the European, Asian and American cars twinkling in the evening light as the campers strolled among them, opening and closing doors, inspecting sheetmetal and chatting with Autoweek editors.
Jul
12th

FRANCE: PSA claims 6,500 jobs cull will see it break even by 2014

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PSA Peugeot Citroen is insisting today's announcement of 6,500 redundancies across two French plants will be enough to see it achieve break-even by the end of 2014
Jul
12th

IRAN: IKCO plans first platform

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Iranian automaker IKCO said it would soon finalise a contract for the design and development of its first B segment platform.
Jul
12th

Hyundai’s looming first strike since 2008 imperils momentum

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For Hyundai, Moon Yong Moon's labor protests during the 1990s became such a nuisance that South Korea's largest carmaker laid him off three times. The strategy didn't work.
Jul
12th

ANALYSIS: Aulnay a victim of Europe’s deepening crisis

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PSA has moved decisively to rationalise its European production capacity in the face of declining capacity utilisation and a slump in demand for small cars. Aulnay, maker of the Citroen C3, was an obvious weak point in the company's European manufacturing footprint.
Jul
12th

FRANCE: Politicians scramble to react as PSA axes 6,500 posts

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French Economic Redevelopment Minister, Arnaud Montebourg, is to appear live on television this evening to be grilled on today's (12 July) dramatic announcement by PSA it is to slash an initial 6,500 jobs at its Aulnay and Rennes sites.
Jul
12th

China’s auto sales jumped 16% in June, but slowdown looms

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China's passenger-vehicle sales rose 16 percent to 1.28 million units in June as automakers increased shipments ahead of scheduled shutdowns for the summer, the China Association of Automobile Manufacturers said.
Jul
12th

Mazda MX-5 facelift

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News 12 Jul, 2012

First pictures of the revised Mazda MX-5 have been released, ahead of its UK launch later this year

Jul
12th

Vauxhall Ampera Earth

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News 12 Jul, 2012

The Vauxhall Ampera is now available from less than £30,000, thanks to the addition of a new entry-level version

Jul
12th

Automakers, dealers say Spain’s VAT hike will further depress car sales

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Automakers and dealers said an increase in Spain's sales tax to 21 percent from 18 percent will hit the country's flagging auto sales.
Jul
12th

FRANCE: PSA closing Aulnay, cutting jobs at Rennes

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PSA Peugeot Citroen on Thursday said it would close its Aulnay small car plant in northern France in 2014 with the loss of 3,000 jobs but could transfer up to 1,500 to Poissy where small car production will be consolidated. It will also axe 1,400 of 5,600 posts at Rennes. Another 3,600 posts will be axed in corporate roles.
Jul
12th

PSA faces heavy criticism over closure of Aulnay car plant in France

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PSA faced mounting criticism in France today after the company said it would close its Aulnay car plant near Paris as the automaker struggles with mounting losses at its core automotive division.
Jul
12th

Peugeot cuts 8,000 jobs to end losses, says it will shut plant

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French automaker PSA Peugeot Citroen, an alliance partner with General Motors, announced 8,000 job cuts and a plant closure as it struggles with mounting losses, a move that could spark more restructuring and political tension in austerity-strapped...
Jul
12th

Volvo aims upscale with the V40

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The Volvo V40 will be the first product introduced since China's Zhejiang Geely Holding Group bought the Swedish carmaker in 2010 and highlights the company's attempted transformation into a high-volume premium brand.
Jul
12th

Renault names new Europe boss to tackle market downturn

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Renault has created a separate position to oversee its European markets for the first time as it moves to address its rapidly falling sales.
Jul
12th

New title for Lewis Booth: Europe ‘car czar’

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Europe needs a "car czar" to solve its problems and Lewis Booth is the right man for the job.
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